this post was submitted on 24 Jul 2024
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Privacy
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Why
Exactly. Bitcoin is a zombie technology. And Monero is taking the reins.
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.
[ insert chart of market cap over time ]
Except, that you missed the fact that it has moved on. It's now on AI and crypto is still around and growing.
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.....
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.
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
They aren't an intermediary. It's a fully self-custody wallet.
Well, crypto is more secure. You couldn't really do that securely with a fiat system
It's a self-custody wallet, they do not control the keys.
You are probably right, and I hate it.
Believe it or not, some people like and use cryptocurrency.
They explain why in the blog post.
You can hold your own keys, but that can be dangerous. Letting someone else hold them can also be dangerous.
This allows someone else to hold them and manage them without giving them any control or even knowledge.
You can do that already
Go on.