Google plans to establish operations in El Salvador \ stacker news ~bitcoin

Google plans to establish operations in El Salvador www.prnewswire.com/news-releases/google-and-the-government-of-el-salvador-announce-multi-year-partnership-to-digitally-transform-the-country-and-advance-technological-development-in-central-america-301912176.html

Nothing says bitcoin standard like google.

0 sats \ 0 replies \ @locomancell OP 30 Aug 2023

Agree

0 sats \ 0 replies \ @ceife 30 Aug 2023

I dont like google

0 sats \ 0 replies \ @TheBTCManual 30 Aug 2023

Google sniffing out some of that VC money flowing into EL S to fund tech and bitcoin companies in the region and thinking hey let me get some of that and send it off to Ireland and not pay taxes on it

0 sats \ 0 replies \ @ryu 30 Aug 2023

I hope Bukele kicks their asses out immediately.

0 sats \ 0 replies \ @edulopesf 29 Aug 2023

Possibly because there's a lot of startups starting operations there, Google will certainly act on infrastructure for these companies.

0 sats \ 2 replies \ @1sats 29 Aug 2023

This is big news for all Bitcoin businesses. Finally, we do not have to worry about the government confiscating our online servers and hot wallets.

111 sats \ 1 reply \ @1sats 29 Aug 2023

There is still a risk of Google taking over the server. A month before AWS shut down Parler.com, I asked its founder how they had prepared to prevent a coordinated Silicon Valley attack. He responded that Parler maintained a good relationship with its vendors.

A few weeks later, AWS violated its own terms, which mandate a 60-day notice. Instead, they gave Parler just a two-day notice to remove Parler's services on a Friday afternoon.

15 sats \ 0 replies \ @kepford 29 Aug 2023

Yep, this is a very good point. I think many in tech/bitcoin don't get how connected the fortune 500 is to the state. Honestly, its hard to say who is driving the car. We can be naive and forget that big business is one of if not the biggest driver of regulation and restriction of freedom. Especially in the US the government often uses business to do their dirty work. The lines between business and state are very blurred.