Tuesday, September 17, 2019

An Ad Shows That Google Does Not Like Crypto; Or Does It?

Yesterday, the Google advertising machine was working hard, and for a good reason: their new flagship phone, the Pixel 3, was released, accompanied by the whole publicity paraphernalia that seems to embezzle all of this launches. Nonetheless, a little innocent ad that might be seen like a cute and even funny thing, has shown the world the kind of stance that Google has over cryptocurrencies.

In the ad, called “Call Screen: Know who’s calling and why”, that already has more than a hundred thousand views on Youtube, cryptocurrencies are referred to as non-money. It depicts a classical instance of why we must first try to know who’s calling and shows the amazing capabilities of the Pixel 3 to interact directly with an individual making a spam call as if it was a digital assistant. The next call that the poor man receives is an advice from his power company telling him that the power bill for this month is really high; and he says that of course, cryptocurrency mining is a process that consumes a lot of energy.

The cryptic part of the story starts here: his companion abruptly tells her that cryptocurrency is not real money. And this seems to represent the stance that Google has taken about cryptocurrencies since the start of this year, when every ad regarding cryptocurrency exchanges, ICOs or cryptocurrency startups of any kind was banned from Google, and also from Facebook too. Some say that even the FBI had its hands on that resolution.

Although the ban has already been lifted, this seems to be a punch in the gut from a multi-billion software (and hardware) giant that seems to have its hands all over everything on Earth. Of all the million things that Google could have leveraged to make a fun ad, why did they have to focus on cryptocurrencies and call them that way? It a casualty too big to ignore.

Related Article:  President of Uzbekistan Signs Decree Paving the Way for Cryptocurrency Adoption

But the real punchline is that in the end, the troubled man launches a fierce rebuttal at the woman telling her that money is also not real after all. So this ad could be disregarding all the financial system as a whole and not only cryptocurrencies. Maybe Google just wanted to play a prank on the whole cryptocurrency community in a tongue-in-cheek manner.

But, ironically, thanks to this ad, more than a hundred thousand people have been introduced to cryptocurrencies in an indirect way, a thing that tells us that there is nothing as bad publicity.

More Articles

10/28/2018: nOS

Decentralized applications, or as they are called, Dapps, are one of the most interesting things about blockchain at this moment. As rivals of the...

Singapore-based Cryptocurrency Exchange, DragonEx Gets Hacked

On March 25, DragonEx, a Singapore-based cryptocurrency exchange announced on its Telegram channel that they had suffered a security breach. It is...

Bitfinex Secures Heavyweight Banking Partner, HSBC in New Partnership

Bitfinex seems to have entered into an official partnership with London-based banking heavyweight, HSBC, after a well-publicized fracas of changing banks over the years. Former...

Brazilian Retail Store Starts Accepting Cryptocurrencies For Payments

Oásis Supermercados, a company which runs two retail stores in Brazil, is now accepting cryptocurrencies from its customers. The company revealed that their interest...

Jewelry Empire Birks Group Now Accepts Bitcoin Payment

Fine Jewelry and Luxury store, Birks Group, is now claiming their spot as the very first luxury retailer to accept bitcoin payment in Canada...

Bank of Canada’s Research Indicates “Unrealistic” Blockchain Double Spending

The bank of Canada (BoC), as at this month, published a research on the "Incentive Compatibility" of blockchain technology, discovering that double spending is...

How Many Forks Should You Expect This Year?

On the 1st of August this year, a faction of the bitcoin community shocked the cryptocurrency world by initiating a new payment network called...

Payment Proccesor BitPay Authorized To Operate In New York

BitPay, one of the first cryptocurrency-only payment processors, has received authorization to operate within the limits of the state of New York by the New...

A Better Alternative: How To Store Your Bitcoins On...

Hardware wallets such are Ledger and Trezor are known to cost about $59 and over $100. If you're looking to cut the...

South Korean Exchange Upbit Raided Over Fraudulent Activities

The South Korean exchange Upbit has been raided today by South Korean prosecutors over fraudulent activities, according to information from Bloomberg. The authorities took...

Bitcoin Energy Consumption Spikes Up Global Warming

If anything were responsible for raising the global temperature of the world above the tolerable threshold of 2 degree Celsius, it would be no...

Latest Articles

Sygnum Becomes World’s First Licenced and Regulated Digital Asset...

Swiss-based Sygnum, a digital asset investment and solutions provider, has become one of the world's first licensed and regulated digital asset banks after receiving...

The Easiest Way to Pass Your Microsoft MCSA MD-100:...

If you try to think of things that don't use Information Technology in one way or another, it would be a very tough task....

Are Worries Over AI’s Effect on the Financial Jobs...

A recent study by Fountech has revealed that two-thirds of adults living in the UK are concerned that the Artificial Intelligence industry will leave...

Will Cryptocurrency Gambling Kill Land-Based Casinos?

It’s hard to deny that the internet has radically changed the gambling landscape. Sure, the common perception of gambling may still involve the glitz...

Why Some Financial Bubbles Are Necessary Economic Disasters

The history of the worldwide economy is punctuated by financial bubbles. They happen more often than we think.  Fortunly’s infographic below provides a comprehensive...

Microsoft 70-411 Exam: Everything You Need to Know

We can’t deny the fact that the world is moving towards the future faster than ever before. Not a day goes by that we...

Why US-based people can’t bet with bitcoins at online...

Online gambling using bitcoin has been happening since the time when cryptocurrency came into being. In the initial days, gamblers used to opt for...

Couple Pays For Breakfast Using Bitcoin, Community Finds This...

A Reddit user by the username u/portageco recently made a post in bitcoin's official subreddit. In his post, u/portageco boasts about how he paid...

Australian Woman Leads Adoption, Tours 10 Countries Spending Cryptocurrencies

Who says you can't go around the world spending cryptocurrencies? As many believe, cryptocurrencies are only good for speculations. But with a little research,...

Did A Physical Bitcoin Just Sell For $99k On...

As at the time of reporting, the listing on eBay had closed. This could be because the seller got a buyer or he decided...

Litecoin Now Approved In 30,000+ Stores

As cryptocurrencies gain ground, more and more technology-based firms find ways to incorporate the nascent technology into everyday life. Moon, prior to this time,...

How To Shop on Amazon with Bitcoin – Step-By-Step...

Wondered how to shop on Amazon with bitcoin? Then here's how you can purchase goods on one of the largest e-commerce websites that ships...