CEO Google’s son mines Ethereum

ICO News

CEO Google, Sundar Pichai, attended the New York Times DealBook conference and told the audience that his 11-year old son mines Ethereum using for this purpose family’s computer. Pichai referred to his conversation with his son adding that “I was talking about something about Bitcoin, and my son clarified what I was talking about was Ethereum. He’s 11 years old. And he told me he’s mining it.” Pichai has also added that he would tell his son that ordinary money (fiat) and banks are still an important bricks of the world financial system.

It’s interesting that in July one of two Google founders, Sergey Brin, has revealed that he and his son turned 10-year also mines Ethereum. This two facts combined points that Google has by some mean established some trend to mine Ethereum, and this trend may embrace more Google related people.

Another important point that Google is still banning ICO and some cryptocurrencies ads. This stance looks weird since the most ICO projects emit Ethereum based tokens so ICO is a tool that enrich Ethereum blockchain. Nevertheless the search machine came away from direct ban of all crypto coins related advertising it doesn’t show apparently friendly crypto attitude. Obviously Google team treads waters of blockchain and cryptocurrencies that was revealed from July meeting of Google top-managers with Charles Hoskinson, Cardano founder. Google still faces a hard choice, and the opinion expressed by Pichai about traditional financial institutions look more as an attempt to save the old-fashioned structure of world financial economy than let it to fully adopt disruptive nature of blockchain and cryptocurrencies.

See also  WTO report: the potential use of blockchain goes well beyond the world of cryptocurrencies

Meanwhile Ethereum was praised by JPMorgan’s head of blockchain initiatives, Umar Farooq. When Farooq told about the development of JPMorgan’s version of Qourum Ethereum blockchain he stated that “we are big believers in Ethereum.”

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