Privacy

31854 readers

174 users here now

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

Posting a link to a website containing tracking isn't great, if contents of the website are behind a paywall maybe copy them into the post
Don't promote proprietary software
Try to keep things on topic
If you have a question, please try searching for previous discussions, maybe it has already been answered
Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
Be nice :)

Related communities

Chat rooms

[Matrix/Element]Dead
Discord

much thanks to @gary_host_laptop for the logo design :)

founded 5 years ago

MODERATORS

926

Proton is transitioning towards a non-profit structure (proton.me)

submitted 4 months ago by retiolus@lemmy.cat to c/privacy@lemmy.ml

101 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Blisterexe@lemmy.zip 11 points 4 months ago (3 children)

Seems like all that will change is the fact that all profits made will be reinvested in the company, im not an expert though, so i may be wrong

[–] lps@lemmy.ml 22 points 4 months ago

Well that's cool:). Remove the profit motive/surplus goes a long way to slow down evil.

[–] Matt@lemdro.id 8 points 4 months ago

Proton will still be a for-profit company that will be majority-controlled by a non-profit. The non-profit will not own all of the business either, so there will still be profits going to shareholders.

[–] JackbyDev@programming.dev 1 points 4 months ago (1 children)

Many for-profit companies do this as well.

[–] wagoner@infosec.pub 1 points 4 months ago (1 children)

But are they also required to do so?

[–] JackbyDev@programming.dev 1 points 4 months ago

Any excess profits not reinvested are paid as dividends to share holders. However, if you're reinvesting that money from dividends into buying more shares then there's no difference between the two. Think of it like this. If I'm a company and I have a dollar, I can either invest it in the company and make my value go up by a dollar or give my share holders a dollar. Of course, in the inverse situation, the share.holder can just sell a dollar worth of stock and the situation is the same.

So there really isn't too much of a difference between the two.