New Google Joke Advertisement Questions the Validity of Cryptocurrency as Money

October 10, 2018
12 Views

Google chose an unlikely platform in their new video ad for Google Assistant to address whether or not cryptocurrency is money.

Google entered the cryptocurrency-as-money debate on Tuesday, Oct. 9, arguing over its validity during an introductory video for a new feature from its Google Assistant tool.

While demonstrating how its Call Screen caller ID function works, two Google presenters enter into a brief discussion about cryptocurrency in a spoof argument.

The Call Screen shows the identity of an incoming call as being from the “electric company,” and the call’s purpose — Call Screen’s other feature — as one presenter’s “bill being super high.”

“Cryptocurrency mining takes a lot of energy,” the presenter argues, which elicits the response from the other:

“Cryptocurrency? That money’s not real.”

Why Google chose a cryptocurrency focus in the Call Screen introduction in particular remains unclear, yet neatly summarizes Google’s somewhat murky official stance on the industry.

As Cointelegraph reported, the company recently U-turned on their complete ban on advertising by cryptocurrency businesses it had initiated in June.

From this month on, the company confirmed, its policy would change to “allow regulated cryptocurrency exchanges to advertise in the United States and Japan.”

While sources did not go on record to explain the impetus behind the change of heart, the Call Screen skit provides a further hint that Google’s stance is far from one-sided.

“I’ve got news for you,” the presenter engaged in crypto mining continued, “money isn’t real,” to which the other replies:

“You gonna live that lie?”

You may be interested

Chinese Startup Cobo Raises US$13M Series A for Crypto Wallet Hardware and App
Crypto News
Crypto News

Chinese Startup Cobo Raises US$13M Series A for Crypto Wallet Hardware and App

btcethereumadmin - October 17, 2018

Cobo Wallet Cobo, a cryptocurrency startup headquartered in Beijing, has raised US$13 million in a Series A funding round from…

Gemini Stablecoin Volume Doubles on Top 10 Exchange Amid Tether Turmoil
Crypto News
1 views
Crypto News
1 views

Gemini Stablecoin Volume Doubles on Top 10 Exchange Amid Tether Turmoil

btcethereumadmin - October 17, 2018

When the Tether (USDT) stablecoin's $1 peg broke down on Monday, traders looking for another dollar equivalent they could easily…

CME: Average Daily Volume for Bitcoin Futures Grew 41% in Q3
Crypto News
1 views
Crypto News
1 views

CME: Average Daily Volume for Bitcoin Futures Grew 41% in Q3

btcethereumadmin - October 17, 2018

Average daily volumes for bitcoin futures trading saw a significant jump in the third quarter compared to the last period,…

Leave a Comment

Your email address will not be published.