this post was submitted on 24 Jul 2024
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Privacy

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[–] Pilgrim@beehaw.org 41 points 5 months ago (3 children)
[–] jet@hackertalks.com 12 points 5 months ago (3 children)

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.....

[–] Pilgrim@beehaw.org 4 points 5 months ago (1 children)

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.

[–] jet@hackertalks.com 1 points 5 months ago (2 children)

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

[–] delirious_owl@discuss.online 3 points 5 months ago

Well, crypto is more secure. You couldn't really do that securely with a fiat system

[–] makeasnek@lemmy.ml 3 points 5 months ago

They aren't an intermediary. It's a fully self-custody wallet.

[–] makeasnek@lemmy.ml 2 points 5 months ago

It's a self-custody wallet, they do not control the keys.

[–] itsmect@monero.town 2 points 5 months ago

You are probably right, and I hate it.

[–] shortwavesurfer@lemmy.zip 11 points 5 months ago (1 children)

Exactly. Bitcoin is a zombie technology. And Monero is taking the reins.

[–] Karyoplasma@discuss.tchncs.de 9 points 5 months ago* (last edited 5 months ago) (2 children)

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.

[–] jerkface@lemmy.ca 2 points 5 months ago

[ insert chart of market cap over time ]

[–] shortwavesurfer@lemmy.zip -1 points 5 months ago

Except, that you missed the fact that it has moved on. It's now on AI and crypto is still around and growing.