Son of Google CEO Mining Ethereum
Sunda Pichai’s 11-year-old crypto-savvy son is mining ethereum (ETC) using the PC his father built. Google’s (Nasdaq:GOOGL) CEO revealed that his youngster is so conversant with Ethereum that he corrects his tech-savvy dad when he confuses Bitcoin for Ethereum. Pichai made the revelation while giving his views on excess screen time and technology addiction among children. The CEO acknowledged that, as a tech-savvy parent, his kids have easy access to electronic gadgets. BEcause of that, he believes that his children may be vulnerable to addiction.
Pichai then went on to say that “last week I was at dinner with my son and I was talking about something about Bitcoin and my son clarified what I was talking about was Ethereum, which is slightly different,” Pichai notes that “He’s 11 years old. And he told me he’s mining it.”
Pichai says that his son uses the family PC which he [Pichai] assembled himself. Ironically, the son was so knowledgeable about Ethereum, and fuzzy about fiat money, that he had to explain how it operates. “I had [to] more explain to him how paper money actually works. I realized he understood Ethereum better than how paper money works. So I had to talk to him about the banking system, the importance of it. It was a good conversation.”
Blockchain in Silicon Valley
Google’s co-founder Sergey Brin reveals that he has been mining Ethereum with his son for about a year. The Silicon Valley mogul was speaking during a Blockchain conference in Morrocco, organized by Virgin Group’s CEO sir Richard Branson. “A year or two ago, my son insisted that we needed to get a gaming PC, I told him, ‘Okay, if we get a gaming PC, we have to mine cryptocurrency. So we set up an Ethereum miner on there, and we’ve made a few pennies, a few dollars since.”
Various Silicon Valley leaders have had their different opinions on cryptocurrency. Larry Ellison’s oracle is heavily investing in blockchain technology to beef up its cloud services. The company recently unveiled four blockchain based applications that aims to foster transparency in the traditional supply chain.
Mark Zuckerberg has also hinted that Facebook could venture into blockchain technology space in a bid to make the social media more decentralized. There have been reports recently suggesting that Facebook could deploy blockchain technology to rival SWIFT.
Protests Mar Google
Google is currently under distress as its employees are protesting over how the company handles cases of sexual harassment and misuse of authority by senior officials. The most recent protest attracted over 20,000 Google employees. The company’s CEO has already issued a statement regretting how the company has in the past handled cases of sexual harassment leveled against its top executives. The CEO further promised that plans are underway to address the protestors’ demands for structural change, transparency and accountability.