When it comes to Bitcoin, Google is no stranger. The search engine has been a big supporter of the cryptocurrency since its early days.
In fact, Google was one of the first companies to accept Bitcoin as a payment method. However, recent events have called into question whether or not Google is still a supporter of Bitcoin.
In March of 2018, Google announced that it would ban all cryptocurrency-related advertising from its platform. The ban went into effect in June and included all advertising for ICOs, exchanges, wallets, and trading advice.
Google’s decision to ban cryptocurrency advertising came as a surprise to many in the industry, and it was seen as a major blow to the adoption of Bitcoin and other cryptocurrencies.
However, it’s important to note that Google’s ban on cryptocurrency advertising is not indicative of its stance on Bitcoin itself. In fact, Google has been working on a number of blockchain-related projects over the past year. For example, the company is working on a blockchain-based platform for digital identity verification.
This platform could be used to verify the identities of users on the internet, which would help to prevent fraud and improve security. Additionally, Google is also exploring ways to use blockchain technology to make it easier for users to sell and buy data.
Overall, it’s clear that Google is still interested in blockchain technology and cryptocurrencies like Bitcoin. While the company has taken a cautious approach to advertising crypto-related products and services, it’s evident that Google sees the potential in this emerging industry.