Google Has No Plans For Bitcoins, For Now

Google is continuing working on Google Wallet and a Reddit submission today started off a rumor that Google might be starting to accept Bitcoins as a form of currency to use within Google Wallet. Sadly however this rumor turned out to be just that, with a Google spokesperson releasing this statement in regards to the rumor posted on Reddit today;

“As we continue to work on Google Wallet, we are grateful for a very wide range of suggestions. While we are keen to actively engage with Wallet users to help inform and shape the product, there is no change to our position: we have no current plans regarding Bitcoin.”

So although the title of the submission on Reddit from user named JasonBored was called “Google confirms their payment team is working to incorporate Bitcoin”, it seems Google has no immediate plans to incorporate Bitcoin in to Google Wallet. Reddit user JasonBored claimed to have received an email from Google Wallet’s Senior Vice President Sridhar Ramaswamy which can be viewed below

So while this email, if it really is from Google Wallet’s Senior Vice President, Sridhar Ramaswamy and Google Wallet’s payment team seem to be looking into Bitcoin for Google Wallet but there are no immediate plans for the online currency within Google’s current programs and software. However JasonBored apparently was also asked by Google’s Vice President of Payments to engage in a  Google Moderator post titled “What would I want Google to do with Bitcoin”. So while for the time being anyway, it looks like Google has no plans to roll out anything to do with Bitcoin, but they do seem to be entertaining the idea about the virtual currency.

Thank you TNW for the information provided

Image courtesy of TNW and Talk Android