What this means for the industry
I like real cash I can put in my hands (and possibly spread on top of a bed and fuck on).
I don't want anything to do with virtual money that can be counted by anyone and records of it kept online forever... Hell no!
This sounds really attractive at first . . .like 'E-Z Tag" on the toll road sounds like a good idea: However . . .
I have grave misgivings about using this Google feature in Hobby transactions. Whenever a car passes a toll booth with an elecyronic pay tag on the windshield, there is an electronic record of that and maybe a picture.
I know that it is difficult to be so UTR that you are totally Off-The-Grid, yet; when I hobby, I try to keep everything as low-down on the downlow as possible. I pay cash for everything and use PMs to communicate if possible.
I have no confidence in using any electronic or web based payment method.
Cash is King.