 |
February 10, 2014, 01:48:53 AM |
|
While it may not necessarily be Google's coin, I do forsee that another crpytocurrency or "digital money" comes out which solves the shortcomings of Bitcoin - including the blockchain scalability issues and the ability to update to stronger encryption algorithms once the existing ones (SHA256, EC) are broken. Then Bitcoin becomes known as only "the first digital money there was back in the day". I do not see serious worldwide banking adoption trusting billions and trillions of dollars into something that has a built in death sentence. Don't forget that Bitcoin is BETA software.
|