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By: Sara Zuelke

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Thursday, 23-Jan-2014 06:59 Email | Share | Bookmark
Google Says It Has ‘no Current Plans Regarding Bitcoin’

We reached out to Google regarding the claim and learned that it was indeed false. As we continue to work on Google Wallet, were grateful for a very wide range of suggestions, a Google spokesperson told TNW. While were keen to actively engage with Wallet users to help inform and shape the product, theres no change to our position: we have no current plans regarding Bitcoin. In other words, it was too good to be true. The Reddit submission was titled Google confirms their payments team is working to incorporate bitcoin. by a user who calls themselves JasonBored. The individual had allegedly emailed Vic Gundotra, Googles Senior Vice President of Social, to ask him whether the company was looking to adopt Bitcoin. Gundotra allegedly then forwarded the email to Sridhar Ramaswamy, Google Wallets Senior Vice President: Ramaswamy in turn apparently responded by saying the following: Here is the important part: We are working in the payments team to figure out how to incorporate bitcoin into our plans. Assuming this statement did indeed come from Ramaswamy, it would suggest Google was getting ready to support the virtual currency. Our statement from Google says otherwise. The company may indeed be looking into Bitcoin, but its not ready to publicly back it in any way. Nevertheless, JasonBored says Ariel Bardin, Googles Vice President of Payments, asked him to start a Google Moderator post and pose the question What would I want Google to do with bitcoin? <br>More

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