I indirectly know the guy leading GCUL. He failed to get a job on another blockchain project and took this backup job at google and came up with GCUL (a low effort copycat of the project he tried to get hired at)
It quite amusing that these GCUL guys think companies like Amazon, Apple etc will use and be reliant on google blockchain tech. They tech guys are really quite clueless when it comes to bigger picture stuff like this.
Also dont worry Eth maxis, I checked directly with someone who is closely involved with Google cloud and gib is also talking out of his ass about GCUL using btc as a baselayer. They are a fully closed off, permissioned L1
You are pretty much right with this comment. You are confusing the BTC as base layer. BTC will be the primary unit of value which all economic value is measured in, and benchmarked to. Including on GCUL. But you are right, GCUL is closed (and by the way not decentralized L1). I also know someone kind of on this project at Google with a similar background to the guy you mention- I wonder if its the same guy! I'll ask him.
I would say, Eth maxies should be concerned any time a better/faster smart contract platform gets created - especially one from a major tech player. Time will tell. Google do have a record of failure with new projects, but this one they are well placed for. I am a Google shareholder, so would be please to see them succeed.