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Proton Wallet – a safer way to hold Bitcoin

proton.me

21–30 of 37 posts

Re: Proton Wallet – a safer way to hold Bitcoin

#21

Earlier quoted context omitted.

We most certainly are not a crypto company. We don't run a crypto exchange, didn't create a cryptocurrency, and don't speculate in crypto. We're an encryption company, but don't lump that in with crypto.

Care to explain how you ignored the results of your survey where most users wanted more email or calendar features and you decided to work on an AI assistant that more than 66% of your user base didn't ask for?

I really like to know this as well. What lack of transparancy indeed.

Re: Proton Wallet – a safer way to hold Bitcoin

#22
post #9

Is Bitcoin still thing outside of habitual gambling circles? I thought only the doomsday cult that is waiting to get rich after a global economic meltdown cared for BTC in 2024.

Seriously. Someone sent me a link to this announcement earlier and my first thought was, _what year is it_?

I'm a long-time Proton customer and (until now) advocate and I have no idea who this is for or why it's a priority. It gives me serious pause about their ability to read the room and take the results of user feedback into account.

Re: Proton Wallet – a safer way to hold Bitcoin

#23
So, you all have decided to spend time and money on _this_ instead of working on any one of 1000s of useful features that are missing from your existing products like, for example, making Proton Pass easier to use (e.g. more/better browser integration or Android activity C&P).

Crypto-anything in 2024 is a red flag and, as a long-time customer, makes me seriously question your priorities and long-term, strategic thinking.

Re: Proton Wallet – a safer way to hold Bitcoin

#24
post #9

Is Bitcoin still thing outside of habitual gambling circles? I thought only the doomsday cult that is waiting to get rich after a global economic meltdown cared for BTC in 2024.

Did you miss the Bitcoin ETFs going live in the US earlier this year? With $7.6 billion on the first day of trading, they hit the record for the highest volume in the history of ETFs.

https://www.cnbc.com/2024/02/28/bitcoin-etfs-see-record-high...

Re: Proton Wallet – a safer way to hold Bitcoin

#25

Earlier quoted context omitted.

We most certainly are not a crypto company. We don't run a crypto exchange, didn't create a cryptocurrency, and don't speculate in crypto. We're an encryption company, but don't lump that in with crypto.

You surely are turning into one which as a long time paying user, this is a real shame that you're putting most of your loyal users under the bus.

One Bitcoin wallet among a suite of privacy offers doesn't mean they are turning into one and I disagree they are throwing most of their loyal users under the bus.

Re: Proton Wallet – a safer way to hold Bitcoin

#26

Earlier quoted context omitted.

Fastmail is a good choice, they just do the one thing.

No end to end encryption. No thanks. Plus as an Australian company the government can backdoor it without anyone legally being able to speak about it.

How would you "end to end encrypt" an email going from Super Secure Provider A to Outlook or Gmail? The encryption stops the millisecond it leaves Provider A's servers.

Re: Proton Wallet – a safer way to hold Bitcoin

#27

Earlier quoted context omitted.

You surely are turning into one which as a long time paying user, this is a real shame that you're putting most of your loyal users under the bus.

One Bitcoin wallet among a suite of privacy offers doesn't mean they are turning into one and I disagree they are throwing most of their loyal users under the bus.

You ever heard of the word "enshittification"? I'm sure you have.

This is what they're on the road to. AI last week, crypto this week. Maybe NFT next week?

In all seriousness, this has the potential in killing their brand image as a viable alternative to Big Tech and considering there's not much email alternatives aside from self hosting (which is a nightmare in its own right), this is worrying.

Re: Proton Wallet – a safer way to hold Bitcoin

#28

Earlier quoted context omitted.

I’m happy with Proton products personally but I see so many feature requests from users sitting for years on their core products. If anything I feel like the effort that goes into this instead could hurt Proton by branding them as “a crypto company”.

We most certainly are not a crypto company. We don't run a crypto exchange, didn't create a cryptocurrency, and don't speculate in crypto. We're an encryption company, but don't lump that in with crypto.

The text of the blog post is interesting. Bitcoin does not offer privacy. But the post is written using bitcoin maximalist phrases, not just crypto in general.

So who's the huge HODLer in the company?

Re: Proton Wallet – a safer way to hold Bitcoin

#29

Earlier quoted context omitted.

One Bitcoin wallet among a suite of privacy offers doesn't mean they are turning into one and I disagree they are throwing most of their loyal users under the bus.

You ever heard of the word "enshittification"? I'm sure you have. This is what they're on the road to. AI last week, crypto this week. Maybe NFT next week? In all seriousness, this has the potential in killing their brand image as a viable alternative to Big Tech and considering there's not much email alternatives aside from self hosting (which is a nightmare in its own right), this is worrying.

One is an AI feature that you have to opt-in to, and includes the option to run locally.

The other is an optional self-custody wallet. They’re not an exchange and your wallet/Funds aren’t locked in with them.

They’re offering alternatives to big tech solutions which is kind of what they do.

Re: Proton Wallet – a safer way to hold Bitcoin

#30

Earlier quoted context omitted.

We most certainly are not a crypto company. We don't run a crypto exchange, didn't create a cryptocurrency, and don't speculate in crypto. We're an encryption company, but don't lump that in with crypto.

Care to explain how you ignored the results of your survey where most users wanted more email or calendar features and you decided to work on an AI assistant that more than 66% of your user base didn't ask for?

They clearly already had the features mostly done when they made the survey. I recall the questions being extremely leading to get people to say they would like to use a privacy first AI or whatever. After I took it I immediately told people it was clear they were about to announce some AI bloat.
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