Despite Google’s ban on crypto-related ads, its billionaire-rich leading figures have not made any attempts at hiding their love for digital currencies. Sundar Pichai, CEO of Google, is the latest to share his fondness, according to a post by Business Insider.
In what is undeniably reminiscent of Sergey Brin’s fascinating revelation a few months back, the wealthy billionaire has also revealed an intimate disclosure, of his 11 year old son’s involvement in cryptocurrencies.
Speaking at the recently held DealBook conference organized by literary powerhouse New York Times, Pichai cited an incident that happened between him and his son as a curious illustration.
“Last week I was at dinner with my son, and I was talking about something about bitcoin and my son clarified what I was talking about was ethereum, which is slightly different,” he recalled. “He’s 11 years old, and he told me he’s mining it.”
Pichai added that his young crypto-savvy son employed the only computer in his home to mine Ether; An offhand information that aligns with the interesting trend of tech billionaires being particularly conscious of the level of their wards’ tech addiction. The topic of Brin’s discussion which is centered around the same issue including reducing screen-time for young people had Brin’s sole self-built computer as a perfect illustration.
Crypto Versus Fiat’s Popularity in the Younger Generation
Could digital currency be getting simpler and more understandable than the fiat currency in this new age generation? Like Co-founder Sergey Brin’s admission that the crypto industry might be the spark needed to cause an awaited technology renaissance, Pichai has also chucked in on the stipulation, albeit indirectly.
He explained that his son, who corrected him regarding his innocent conflict of Ethereum with Bitcoin, had more knowledge on the cryptocurrency system than how the fiat system worked.
“I realized he understood ethereum better than how paper money works. I had to talk to him about the banking system, the importance of it. It was a good conversation,” he said.