Cryptocurrency isn’t Real Money: Tongue-in-Cheek Google Ad

Crypto News | Latest News

Google has finally betrayed its true feelings on cryptocurrency. Well, maybe not, but a tongue-in-cheek advertisement for the search giant does take a few potshots at the nascent asset class.

During the ad, which promotes Google’s new Call Screen service, one character, Abby, remarks that the other’s electricity bill is “super high.” That character, Teddy, explains that he mines cryptocurrency, which “takes a lot of energy”

“Cryptocurrency? That money’s not real,” Abby says.

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“Yeah, well I’ve got news for you: money isn’t real,” Teddy replies.

“You gonna live that lie?” the skeptical Abby retorts as the ad concludes.

The exchange is somewhat ironic, considering that the company’s co-founder has taken an interest in crypto mining. A few months ago, Sergey Brin (now president of Google parent company Alphabet Inc.) credited ethereum mining — which, at least until currently, relies primarily on GPU chips — with helping drive the computing boom. Later, he revealed that he had begun mining ethereum with his 10-year-old son. Perhaps the ad was taking a lighthearted jab at Brin.

However, despite Brin’s interest in cryptocurrency, Google, along with other major ad companies including Facebook, banned cryptocurrency-related advertisements earlier this year, warning that risky investments in this and other financial sectors had the potential to harm retail investors. Several weeks ago, however, the company — which was on the receiving end of nearly 39 percent of all digital advertising spending in 2017 — reversed the ban on cryptocurrency ads.

Last week, Google responded to the growing threat of cryptocurrency mining malware by banning obfuscated Chrome extensions that include mining scripts. While some of these extensions had valid purposes — such as allowing a user to donate their idle computer resources to mine coins for charity — malicious developers had also concealed mining scripts inside other extensions that were purportedly designed for completely different functions.

Author: Cryptobonx

Cryptobonx is a Crypto –Currency and Blockchain Enthusiast.He is a believer of transforming complex information into simple, actionable content.

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Cryptocurrency isn’t Real Money: Tongue-in-Cheek Google Ad

Crypto News | Latest News

Google has finally betrayed its true feelings on cryptocurrency. Well, maybe not, but a tongue-in-cheek advertisement for the search giant does take a few potshots at the nascent asset class.

During the ad, which promotes Google’s new Call Screen service, one character, Abby, remarks that the other’s electricity bill is “super high.” That character, Teddy, explains that he mines cryptocurrency, which “takes a lot of energy”

“Cryptocurrency? That money’s not real,” Abby says.

FREE CRYPTO COIN JUNKY HANDBOOK - 147 page guide covering Crypto Fundamentals, Beginners/Advanced Crypto Trading Strategies, Crypto Mining Techniques, ICO Investment strategies, and so much more.

CRYPTO TRADING STRATEGY GUIDES - Whether You're Day Trading, Swing Trading, Or Just Investing...Our Extensive Guides Will Get You To Where You Want To Be.

“Yeah, well I’ve got news for you: money isn’t real,” Teddy replies.

“You gonna live that lie?” the skeptical Abby retorts as the ad concludes.

The exchange is somewhat ironic, considering that the company’s co-founder has taken an interest in crypto mining. A few months ago, Sergey Brin (now president of Google parent company Alphabet Inc.) credited ethereum mining — which, at least until currently, relies primarily on GPU chips — with helping drive the computing boom. Later, he revealed that he had begun mining ethereum with his 10-year-old son. Perhaps the ad was taking a lighthearted jab at Brin.

However, despite Brin’s interest in cryptocurrency, Google, along with other major ad companies including Facebook, banned cryptocurrency-related advertisements earlier this year, warning that risky investments in this and other financial sectors had the potential to harm retail investors. Several weeks ago, however, the company — which was on the receiving end of nearly 39 percent of all digital advertising spending in 2017 — reversed the ban on cryptocurrency ads.

Last week, Google responded to the growing threat of cryptocurrency mining malware by banning obfuscated Chrome extensions that include mining scripts. While some of these extensions had valid purposes — such as allowing a user to donate their idle computer resources to mine coins for charity — malicious developers had also concealed mining scripts inside other extensions that were purportedly designed for completely different functions.

Author: Cryptobonx

Cryptobonx is a Crypto –Currency and Blockchain Enthusiast.He is a believer of transforming complex information into simple, actionable content.

Leave a Comment

[js-disqus]

Latest Crypto News

Goals set by Justin Sun for Tron(trx)in 2019

On the 31st Of May 2018, Tron achieved independence from Ethereum and Launched its own Mainnet with the Intention of being a fully functional Public Blockchain that supports Creation and development of decentralized Apps (dApps)

Read More »

Crypto Regulation Commences in South Africa

The South African government today issued a statement regarding the steps it is taking on cryptocurrency trading by setting up a working group dedicated to regulating blockchain and crypto. Background Before we get into that,

Read More »

Facebook Hiring: 5 Cryptocurrency Positions Open

Something is definitely brewing in Facebook’s newly formed department. Early in May, there was a rumor that Facebook was interested in opening a cryptocurrency department within its headquarters. The advertised positions are: Two Software Engineers

Read More »

Crypto StartUps are Failing

Cryptocurrency start-ups have had a rough year with a huge section of them laying off loads of their workers with the  Bitcoin price crash. Bitcoin has lost around $280 billion of its value this year

Read More »

CNBC Reporting the surge of bitcoin to $100 back in 2013!!

https://www.youtube.com/watch?v=O3XvCbh8pQU reddit Buffer Facebook Twitter FREE CRYPTO COIN JUNKY HANDBOOK – 147 page guide covering Crypto Fundamentals, Beginners/Advanced Crypto Trading Strategies, Crypto Mining Techniques, ICO Investment strategies, and so much more. CRYPTO TRADING STRATEGY GUIDES

Read More »

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