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07-17-2014, 12:00 AM
Google Adds Support for Bitcoin Conversion
Google's currency conversion added support for bitcoin, a virtual currency introduced in 2009. If you search for [1 bitcoin to usd], [1 BTC in USD], [bitcoin eur], [convert 1000 gbp to bitcoin] and other similar queries, Google shows the interactive currency conversion card that also includes a historical chart.
Last month, "Google Finance partnered with Coinbase (http://www.coindesk.com/google-search-integrates-bitcoin-price-calculator/) to launch a bitcoin price tracker (http://blog.coinbase.com/post/88679063982/coinbases-api-brings-bitcoin-ticker-to-google) that enabled BTC-to-fiat price conversions across a wide range of global currencies." This update uses the same data.
http://2.bp.blogspot.com/-mJ5M7udTpp8/U8bSon9mUpI/AAAAAAAB-bs/kWi7mxkWaVw/s1600/bitcoin-conversion.png
"Bitcoin is often referred to as a currency, but it does **t conform to widely used definitions of money," suggests Wikipedia (http://en.wikipedia.org/wiki/Bitcoin#Eco**mics). "Eco**mists generally agree that to qualify as money, something must be a store of value, a medium of exchange, and a unit of account. Bitcoin has some way to go if it wants to meet these criteria. It does best as a medium of exchange."
{ via Search Engine Land (http://searchengineland.com/google-finally-adds-bitcoin-conversion-search-196817) }http://feeds.feedburner.com/~r/GoogleOperatingSystem/~4/Y7gJtWNigBs
Google's currency conversion added support for bitcoin, a virtual currency introduced in 2009. If you search for [1 bitcoin to usd], [1 BTC in USD], [bitcoin eur], [convert 1000 gbp to bitcoin] and other similar queries, Google shows the interactive currency conversion card that also includes a historical chart.
Last month, "Google Finance partnered with Coinbase (http://www.coindesk.com/google-search-integrates-bitcoin-price-calculator/) to launch a bitcoin price tracker (http://blog.coinbase.com/post/88679063982/coinbases-api-brings-bitcoin-ticker-to-google) that enabled BTC-to-fiat price conversions across a wide range of global currencies." This update uses the same data.
http://2.bp.blogspot.com/-mJ5M7udTpp8/U8bSon9mUpI/AAAAAAAB-bs/kWi7mxkWaVw/s1600/bitcoin-conversion.png
"Bitcoin is often referred to as a currency, but it does **t conform to widely used definitions of money," suggests Wikipedia (http://en.wikipedia.org/wiki/Bitcoin#Eco**mics). "Eco**mists generally agree that to qualify as money, something must be a store of value, a medium of exchange, and a unit of account. Bitcoin has some way to go if it wants to meet these criteria. It does best as a medium of exchange."
{ via Search Engine Land (http://searchengineland.com/google-finally-adds-bitcoin-conversion-search-196817) }http://feeds.feedburner.com/~r/GoogleOperatingSystem/~4/Y7gJtWNigBs