Google CEO Sundar Pichai talks about his cryptocurrency plans

[ad_1]

Alphabet and Google CEO Sundar Pichai opened up about his cryptocurrency plans and revealed he doesn’t own any, adding that he wants to, in an interview with Bloomberg Television. “I touched it, you know, inside and out,” Pichai said.

Interestingly, Pichai said in 2018 that his 11-year-old son was mining Ethereum cryptocurrency on the family PC at home. “Last week I was having dinner with my son and I was talking about something about Bitcoin and my son clarified that what I was talking about was Ethereum which is slightly different,” Pichai exclaimed. . ” He is 11 years old. And he told me he was exploiting it.

Recently, Apple CEO Tim Cook revealed that he is a crypto investor and holds digital coins. Cook was responding to Andrew Ross Sorkin, who hosted the two-day New York Times online summit. Apple’s CEO shared his thoughts on the hot topic of cryptocurrencies such as Bitcoin.

However, Cook rejected the idea of ​​accepting cryptocurrency through Apple Pay anytime soon. He explained that Apple is “examining” crypto, but has no plans to launch such a feature in Apple Pay.

Meanwhile, Indian Prime Minister Modi called on all democratic nations to ensure that cryptocurrency does not end up in the wrong hands and spoil the youth during his speech at the Sydney Dialogue. The Prime Minister said in his speech: “But we also face new risks and new forms of conflict in the face of various threats, from seabed to cyberspace to space. Technology has already become a major instrument of global competition and the key to shaping the future international order. “

The adoption of cryptocurrency is growing around the world. In 2021, TripleA, a research firm, estimated global crypto ownership rates at an average of 3.9%, with more than 300 million crypto users worldwide. And over 18,000 businesses already accept cryptocurrency payments.

India ranks second in the world in terms of crypto adoption behind Vietnam, but ahead of countries like the US, UK and China, according to the Global Crypto Adoption Index 2021 of the Chainalysis blockchain data platform. A survey by crypto research and intelligence firm CREBACO added that cryptocurrency investment in India now stands at over $ 10 billion.

Disclaimer: Cryptocurrency is an unregulated space and digital currencies are not backed by any sovereign authority. Investing in cryptocurrency involves market risks. This article does not purport to provide financial advice for trading or buying cryptocurrency.

[ad_2]