Proton isn’t reinventing the wheel with this crypto wallet. But it’s another solid option for people looking to create a crypto wallet for the first time. However, cryptocurrencies tend to be a polarizing topic, so let’s see if Proton Wallet doesn’t hurt Proton’s brand image in the future.
- More information: Proton Blog Article
Possession of any cryptocurrency should be punished by 5 years in prison. The only use case is paying ransoms to North Korea, and the side effects are destroying our climate
I don’t even need to read the rest of the thread, this HAS to be the dumbest take. And I think cryptocurrency is inherently a pyramid scheme.
Welcome to Lemmy!
I could see this being better if it supported a variety of currencies. Like Monero. No reason in particular.
/hjlol bitcoin
Right, Monero is the big player these days
Monero is great for covering yer tracks, for sure!
The more I hear about Monero, the bigger of a scam it seems
How so?
It’s the closest you can get to digital cash. It’s untraceable, has very low transaction costs (a few cents), and it’s mining-resistant (so no big mining farms). It’s not popular for speculation, so the price tends to be pretty stable (has been pretty flat for 2 years now), at least related to other coins. I honestly haven’t seen many scams around it, probably because it’s a tough sell to get someone to “invest” (it’s never going “to the moon”).
If you are looking for a digital alternative to cash, Monero is it. The main problem with it is due to its main benefit: governments don’t like it because it’s untraceable, and because it’s untraceable, it’s often used for illegal activity. So you can’t buy it directly in many areas due to gov’t regulations, but you can usually trade another cryptocurrency for it (e.g. Bitcoin), but you should do it in relatively large transactions because BTC fees can be steep (as in, $1-2 fees, so convert >$100 at a time).
People don’t advocate for it because they’re looking to get rich, they’re advocating for it because they want more options to spend their Monero, and the more people that use it, the more stores will accept it.
so stupid how monero, the only useful crypto, gets hated to oblivion for no reason
Wow excuse my zoomer language but… Who asked?
Seems like Proton is branching out into a lot of new areas lately. Possibly too many? I’d prefer it if they’d work on improving their current offerings first…
Crazy. There are already millions of Bitcoin wallet apps for small amounts and quick transfers. And anyone smart is storing significant amounts on hardware wallets.
Release the Linux Drive app please
Contacts for phones too
Like what is the start here… The market is super saturated for this and password manager.
I stopped using Brave when and because of crypto bs.
I stopped using proton a few months ago because the price was just too high and my need too small. I needed a reasonably priced family plan for email on my domain, not another cloud drive.
I think this decision will hurt them as others come to this conclusion
Tbh I think it’s cool, and since most ppl wanted proton to release stupid things like another browser or another encrypted chat app, a wallet fits right into that while being something that doesn’t need that many manhours to be maintained.
I think this will benefit them, proton is more mainstream than you might expect
(also, unlike brave, they are a profitable business without vc and a non-profit org, so there are no intentions to sell your data)
I never switched to Proton for exactly this reason. I’d much rather use a service that does one thing really well than one that does 20 things okay.
It’s all just to keep you locked into your subscription. Now they want you to keep other money tied up in it too.
It did email really well. And it had the best VPN. Didn’t like the calendar or drive Didn’t touch the password manager.
Time to switch…
I used to use Bitcoin core for my wallet. But the block chain is just too huge to really make that feasible nowadays. (Also I don’t own any crypto now.)
common proton l
Why must companies feel like they need to be everything to everyone? Proton would be absolutely awesome if it stuck to it’s “We’re better than GMail” plan and provided stellar email and calendar.
Leave the VPN and cryptowallets and all that “not email related” crap to it’s own app/company/environment.
Seriously. Just give me a vpn plan or a mail plan separately. I can manage myself just fine. Offer all-in-one discounts for those actually wanting.
There are separate mail and VPN plans. What are you upset about?
