Google is diving deeper into Bitcoin! 🚀 They're working on making Bitcoin wallets as easy to use as your regular web2 apps, even aiming for login with your Google account. This came from Kyle Song at Google Cloud at the Bitcoin Tech Carnival in Hong Kong.

Key takeaways:

* Simplifying Bitcoin access for everyone.

* Boosting wallet usability and security to web2 standards.

* Exploring zero-knowledge proofs (ZKP) and other tech to build trust and reliability.

* Collaborating with the Bitcoin industry and integrating with web3 projects.

Think logging into your Bitcoin wallet with your Google account! 🤯 Google sees the 2024 spot Bitcoin ETFs as a big opportunity and has been working with Bitcoin devs for a while now. They're focused on lowering the barrier to entry for mainstream users and tackling the tech challenges of bridging traditional finance and blockchain. They're also looking at things like layer 1/layer 2 solutions, MPC, and data indexing. #Bitcoin #Google #Web3 #Crypto #ZKP

What do you all think about this move by Google?

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Discussion

Sounds fucking terrible. Let's have google know exactly which funds are ours, and no more self custody right? I'm sure google will make sure you never loose your key again. And also report everything to IRS no thanks!