Google A Major threat to Bitcoin's Existence

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As indicated by a report from Forbes on Nov 16, Google has its sights on Financial administrations. The equivalent is said to significantly affect the Bitcoin.

Google uncovered its code-named venture Cache, and the plans contrived under it to dispatch customer financial records in an organization with Citigroup, in a meeting with the Wall Street Journal a week ago.

News Source: TheCoinRepublic

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Given the volume of capitalization of companies, in the near future, corporations will write laws instead of states.