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
I could see this being better if it supported a variety of currencies. Like Monero. No reason in particular.
/hjYou know, people are mad at this for some reason, but while I don’t see myself using this ever, I’m really glad a more privacy conscious alternative to the google ecosystem is growing.(Even if this product of theirs doesn’t compete with them, many others do)
It kind of does compete with Google Wallet, just with crypto instead of credit cards. It’s low hanging fruit to add an analogue to a Google service on their platform.
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
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.
Eh, having a more complete package is how you defeat Gmail. People don’t use Gmail because Gmail rocks, they use it because of all the other crap it comes with, like Google Drive and Calendar. So at a minimum, they should provide those with their email. But a lot of customers want VPN, and they already have a bunch of server infra for email and calendar, so why not add VPN?
If you look at their product stack, it reads like a set of alternatives to gsuite. Here are some less obvious ones:
- Pass - alternative to Google single sign-on
- Wallet - crypto alternative to Google Wallet
- VPN - Google One VPN
If they follow this trend, they’ll make privacy-friendly alternatives to Meet and Gemini (Scribe AI?). Maybe eventually they’ll build/integrate an office suite to compete with Docs and Sheets (maybe OnlyOffice or Collabora).
They want to be privacy-friendly Google, building replacements for anything that can be self-sufficient (i.e. can be sold at a profit).
Their brand has been privacy-focused alternatives to the most important parts of online life.
- Email / identity
- Passwords
- VPN
- Calendar, etc
Now with their crypto and ai products it feels like they’re not focusing on regular users any more.
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There are separate mail and VPN plans. What are you upset about?
But… Why? Who asked for this? Instead of stuff like this, can we get feature parity with at least the Android app when it comes to the Linux VPN app?
Why do you need a VPN app? Using wg-quick from the command-line on Linux is dead-simple. I’ve hated every VPN app I’ve used, but I don’t hate wg-quick. Take advantage of WireGuard support being baked into the kernel. :)
It takes me an hour or two to learn wg-quick every time I have to do it.
Not just the one program, but managing the keys, god help me if I need to figure out routing again.
Some might say “git gud scrub” but some might also say, for some there is wg-quick, for others there’s a gui somewhere
I suppose. But once you’ve done it once, you can usually just reference an existing config and change the 1-2 things that need changing. The Arch Wiki is super helpful, and it’s really nice to be able to have it start on boot.
To each their own, I’m glad both options exist.
lol bitcoin
Right, Monero is the big player these days
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.
Wow excuse my zoomer language but… Who asked?
It makes sense if you look at their broader offering. They’re basically building alternatives to Google products, and this seems to be an analogue to Google Wallet, but with crypto instead of credit cards.
It’s a really low-cost way to add services to your suite. There are tons of FOSS crypto wallets out there, so it’s basically just copy paste, audit, integrate, and ship.
I really didn’t see anyone asking for this, hopefully it didn’t take too many resources to create. Even though I don’t understand it being made I’ll probably still switch to it, because Exodus feels like it’s getting more and more bloated and annoying to use.
edit: I just realized this wallet only seems to support bitcoin? Why on earth would they do that? Most people holding a significant amount of Bitcoin are storing it in a hardware wallet and rarely transferring it. It sucks to use for actual transactions.
Minimal Viable Product. They shiped it with only one coin to avoid having to spend too much time on implementing every possible coin protocol. But they says that they will add more of them in the future, and, maybe, even fiat currencies.
I would prefer a privacy conscious alternative to Google Wallet first, then add the crypto stuff, but that’s just me
Problem is, as they said in their bloc post, that to handle real money they have to get the required authorisation from the Swiss bank authority.
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!
Yeah, I don’t get it. We all came here because Reddit, a centralized service, did us dirty and we got pissed and left. We just came out of high inflation and many areas still have high inflation, and it’s largely because of central banks doing us dirty, but we’re fighting to maintain that status quo.
Yeah, I get it, there are a ton of scams with cryptocurrencies. There are also a lot of fiat scams as well (stock picking, hard money lending, etc). Don’t hate the tool scammers use, hate the scams.
It seems many here miss the forest for the trees. Most cryptocurrencies are scams, but there are a handful of interesting ones:
- Bitcoin - the OG; useless as a currency, but the lightning network fixes most of its issues
- Monero - as close as to get to digital cash, which is why criminals like it (both are untraceable); oh, and it’s mining resistant, so to won’t see big Monero mining farms, just a hobbyist running it while playing games or whatever
- Ethereum - proof of stake instead of proof of work, so it uses way less energy
As long as you don’t see it as an investment, it’s totally fine. I have never and probably will never “invest” in Bitcoin because it’s all hype and I don’t think there’s any reason to think it’ll continue going up.
I hate how much banks and governments snoop on my transactions and sell my data to the highest bidder, and Monero offers a way to recover my privacy. Bitcoin lightning is also pretty good, but its privacy features aren’t quite as good.
So don’t “invest” in crypto bu do look into it as a currency. If enough people use it, stores will start accepting it (and I’ve seen a handful that do).
