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- cross-posted to:
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First AI and now freaking Bitcoin…
Why
They want to become a money transfer service. The whole Bitcoin by email thing, it’s a play to make themselves the middleman of a Venmo type architecture
So any two proton users who have the wallet enabled, can send and receive money seamlessly using their custodial key management…
It’s a self-custody wallet, they do not control the keys.
Sorry, I understand why a company would want to capitalize on the crypto bubble if it was 2022, but I meant this more as an existential “whyyyyy” but didn’t have the energy for that.
I don’t think they care if it’s crypto, crypto is just one way to do it, they want to be the intermediary between people’s transfers
They aren’t an intermediary. It’s a fully self-custody wallet.
Well, crypto is more secure. You couldn’t really do that securely with a fiat system
You are probably right, and I hate it.
Exactly. Bitcoin is a zombie technology. And Monero is taking the reins.
All crypto-currencies are overhyped, almost cult-like trash that do nothing but create problems and waste energy. The whole lot of them, no exceptions and they will all fade away eventually, when the fad moves on.
[ insert chart of market cap over time ]
Except, that you missed the fact that it has moved on. It’s now on AI and crypto is still around and growing.
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You can do that already
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Oh no no no no no. I half thought this was like an onion article or something. Seems like a pivotal misstep
“After years of pushing their proprietary and closed solutions to privacy minded people Proton decided that it was in their best interest to further bury said users into their service as a form of vendor lock-in. To achieve this they made yet another non-standard implementation of something that already existed, this time a crypto wallet." :)
Good alternatives? I like their mail client and the possibility for aliases that I can generate and lock once they get spammed with newsletters.
Use addy.io for aliases. Use a different privacy focused mailbox for your mail. I’d advice you to strictly seperate these two things like that so you remain independent.
Who are you quoting? And which proton solutions aren’t open source?
Proton Calendar mobile app code is still unreleased. They’ve been promising to release it for a year and a half already.
That’s one product, does that really justify OPs remark “After years of pushing their proprietary and closed solutions”?
Nope. Just thought it would be important to share this.
You would think that someone at Proton would’ve had the foresight to realise the reputational damage this (along with the LLM announcement) would do to the company.
Without wanting to sound smart after the fact, I’ve been suspicious about Proton for years. I briefly had an email account with them but I could never quite shake the feeling there is something off about the whole company. This move just confirms to me I was correct to be suspicious.
Out of interest what was it you were suspicious of?
A few little things rather than one or two big things - email advertised as private but they won’t let you use anonymous addresses (like anonaddy or duck.com) for recovery addresses, an ever growing portfolio of products that seem unfinished or incomplete or lacking in standard features like they’re trying to corner the whole privacy market rather than making one or two products but making them really good, poor customer service and support as a continual theme throughout their existence.
To be clear, I’m not suggesting they’re doing anything dodgy, I just feel that I don’t really trust them. They just make really odd choices and it all feels like a haphazard rush.
You would think a privacy company would use a privacy coin. Did they give up on privacy?
Are they going to publish all of their customers emails publicly too? Or only their monetary transactions?
People actually use bitcoin for critical use cases. It satisfies needs in their lives that don’t just have to do with crypto. Another vanity coin is not a substitute.
I said a privacy coin. Not a vanity coin.
People actually use monero for critical use cases where privacy is important.
So, this is embarrassing. Apparently up until this point, every time someone said, “monero,” what I heard was “Venmo”, and I just tuned out that pay pal bullshit every single time. Oops. I know better now, thanks.
No
It’s crazy that they chose bitcoin over monero
Or shielded Zcash
They’re a for-profit: they cater to the most successful scam.
Didn’t they just switch to a nonprofit format, though?
Not exactly. Proton is still for-profit, they just now have a non-profit foundation behind it. Just like Mozilla does.
A for-profit that wrapped itself in a non-profit shell that is empty and just run by the for-profit?
Please stop releasing new products and finish the ones you’ve got. I’ve been waiting for feature parity on the Linux VPN client since like 5 product launches ago…
I suggest using Mullvad VPN as it is much more private and secure and has a fully functioning stable linux client.
Mullvad is the GOAT. There is no reason to use anything else.
Except they don’t support Port forwarding, which is kind of necessary if you torrent a lot and have shit upload speeds like me. Gotta squeeze out as much juice as I can get…
Airvpn is what I landed on for port forwarding
Thanks, I’ll read up on it! :D
Fucking YES. Good God it’s like at this point just STOP. Take a BREATH. And focus on what you have. They need to stop spreading themselves so thin.
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I tried ProtonVPN and got a refund, because their Linux implementation is lacking
No, fuck off. I’m not using a shitty service, known for selling out activists, to store my silly money.
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You are a silly person. Deeply unserious even.
Why build Proton Wallet?
Early in our journey, we experienced first-hand what it’s like being cut off from the financial system and at the mercy of large banks and institutions — an ordeal that affects millions of people across the globe. In the summer of 2014, as the original Proton Mail crowdfunding campaign was in progress, Proton had a near-death experience when PayPal froze our funds(new window), questioned whether encryption was legal, and whether Proton had government approval to encrypt emails.
Fortunately, in that instance PayPal returned the blocked funds, and Proton was able to start the journey that we’ve been on for the past decade. However, that dangerous moment has always stayed in our minds, and we still keep a proportion of Proton’s financial reserves in Bitcoin.
Having experienced firsthand the unreliability of the traditional financial sector, building Proton Wallet is an important strategic move to make Proton more resilient and independent in the future. By enabling us and the entire Proton community to more easily adopt means of payment that deliver on the promise of financial freedom for all, we better insulate Proton from the risks posed by traditional finance.
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Proton is the main predator and one of first who started with the boom privacy scandals and when this “privacy market” started. Also NEVER give all your stuff and depend on one company. In IT is something that causes severe harm just because management want to get the bonus by saving money. A lot of people made billions from the fear of privacy. Terror terror terrror terror terror oil oil oil oil
Predatory is an interesting view, how so?
Long term Proton User here and general privacy enthusiast. Don’t read into that as I’m wedded to proton, or a shill. Genuinely looking for others opinion here.
Why does this indicate the company is no longer commited to privacy and indicate that its clearly some sort of a sham? I’m no crypto expert, the only crypto I have any of is XMR and even thats just reserved for as and when services allow me to pay with it. Really this new offering is of no interest or use to me so I’m by no means defending it. The same goes for their AI. I’m struggling to understand how these 2 decisions are being perceived as the death of Proton and how its no longer a Privacy Company though?
From my understanding, Protons offerings are still worlds more private than other mainstream offerings, and still come with a fairly high degree of quality of life features that make it easy for Joe public to use and not be put off by lack of features. Is this not still a major victory in the grand scheme of all privacy rights being slowly stripped away?
Have I missed something else behind the scenes around Proton’s practice’s that are indicative of a larger problem or are people annoyed more so that Proton haven’t fixed long outstanding pain points with their existing solutions? Trust me, I understand the frustration as a Linux user that several features dont work but as a business I also appreciate proton have to stay ahead in the market and appeal to the masses in order to make a profit and keep running effectively as a business so would love to hear some other views on why this and AI has been so badly recievdd as a whole by the privacy community.
Also, what alternatives are there I have missed that work well on android and Linux without making sacrifices? Always down to try alternatives
Imagine promoting proprietary money.
What money isnt proprietary?
Open source ones
wat
Its crazy that this article doesn’t even have a single section that warns the user that all of their transactions will be publicly visible.
