Does Google Wallet's slow adoption bode badly for bitcoin?

Does Google Wallet's slow adoption bode badly for bitcoin?

In May, Google announced to its merchant partners that it would be retiring Checkout. Google Checkout was designed as a platform for online payments, but as a competitor to PayPal it wasn't getting enough traction. The company's plan is to merge Checkout into Google Wallet. The idea always has been for Wallet to be - via Android - a replacement, well, for your physical wallet. The problem is that Google is having issues getting people to actually use Wallet. BusinessWeek recently ran a story about the fact that Wallet is losing money for the company. According to the article, the fees....


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Mycelium Gets Suspended: Bitcoin Wallet Removed from Google Play Store

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Google May Introduce Bitcoin on New Payment System

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Quotes

Bitcoin enables certain uses that are very unique. I think it offers possibilities that no other currency allows. For example the ability to spend a coin that only occurs when two separate parties agree to spend the coin; with a third party that couldn’t run away with the coin itself.

Pieter Wuille, Software Engineer