On February 18, 2025, during the Hong Kong Bitcoin Tech Carnival, Google Web 3 expert Kyle Song revealed that Google is working to simplify the use of bitcoins for Google users.
According to Song, Google “is looking for ways to reduce the obstacles of entry so that web 2 users can easily use bitcoin.” Song said the company has been working on the integration of bitcoin since almost a year since the company Bitcoin ETF was approved by SEC.
Details revealed by song
Given what the song said, Google is actually creating a simple in-use solution that will originally integrate cryptocurrency in the Google ecosystem used by billions of people around the world.
He said that bitcoin wallet will be embedded in the web 2 interface so that users can log in to their BTC wallet using Google accounts. For crypto payment, Google aims to make them simple and comfortable as already existing web 2 payment solutions.
Another attention of the Google team is ensuring the safety of their solution. They try to address trust issues between on-chain and off-chain systems. ” To maintain stable, reliable functioning, Google is going to deploy zero-knowledge proof or similar encryption technologies.
Is this very big news?
Although the speech of Song was not a complete declaration, but a teaser, the project itself, if it plays well, there was nothing like adoption of bitcoin. Google is used by billions of users, many of which have Google accounts. The way people can change bitcoin and crypto, it can change a lot, if one day, all these people know that they have a spontaneous service within their Google account that buying, exchange or spend them to them Allows to do.
If bitcoin functionality is integrated with Google Pay, Crypto may see a huge circulation bounce. As people find out that they have an easy and safe way to legally use crypto, they can begin to detect new opportunities related to this new class property.
However, it is important to note that sometimes ambitious plans set by top-level companies fail, and it is too early to determine if we are going to see this cooperation between Google and Bitcoin. In 2020, two technical giants, Facebook and Telegram had to withdraw their plans to deploy integrated cryptocurrency in their services, when it seemed to be launched.
Both companies survived and moved forward. Eventually, Telegram began supporting the third-party Crypto Wallet in the form of mini-apps and bots. Integrated purse in Messenger saw enough traction, however, served it. boundaries And concerns during lack of severe promotion from Telegram.
Will Google succeed in becoming the first high-profile company to implement Crypto in its services? The possibility is more than 2025, different from 2020, a year when Facebook and Telegram were about to launch their ambitious projects.
Facebook Libra and Telegram Village Token Projects did not partially come out partially as they were ready to launch in 2020 when the political and legislative environment was now very high towards Crypto. Even more, Crypto ETF was not one thing in those days, making Crypto into web 2 service even more difficult.
According to Cameron Winklevos, co-founder of Gemini Exchange, Facebook Killed A politically motivated act wasThe Biden era was marked with Operation Chok Point 2.0, which denied banking services for various companies working with Cryptocurrency, and Facebook’s shutdown shutdown the next year under SEC, led by Biden and leading Jensor -led SEC Set the tone completely for.
If Google makes it, adopting a crypto can open a new chapter. The irony is that it was a gennsler that made it possible when the Bitcoin ETF approved.
Role of bitcoin ETF
Bitcoin ETF approval is widely seen as a bridge connecting the crypto market and traditional investors. Bitcoin ETFs align with a clear legal framework, while allowing their holders to benefit from the bitcoin market value. ETFS helped large corporations enter the Crypto region without dealing with regulator uncertainty.
The fact is that Blacrock’s bitcoin ETF Ibit became the fastest growing property in history, proving that this approval was a transformational step.
