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💸 Google is working to provide bitcoin wallets for its users. The idea is that anyone will be able to log in and make transactions with Google.
This would be an incredible way to onboard Web2 users, but there are catches. We don’t yet know whether these would be self-hosted wallets, or hosted by Google. We also don’t know what the security model would be and how easy it would be to recover lost keys.
There are lots of questions about how this would be implemented to ensure transparency.