this post was submitted on 24 Jul 2024
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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
(page 2) 18 comments
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[–] [email protected] 53 points 2 months ago (3 children)

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...

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[–] [email protected] 13 points 2 months ago (2 children)

You 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)

[–] [email protected] 35 points 2 months ago (3 children)

The reason people are mad with this is because Proton's longstanding services are lacking basic features for months and years already with no update in sight, and in less than a month after a (now) controversial poll, Proton introduces AI and crypto wallet in their portfolio.

[–] [email protected] 2 points 2 months ago* (last edited 2 months ago) (2 children)

Hmm... Is that a problem with their more recent endeavors? I myself have only used their email and pasword manager services and I find their feature sets to be sufficient.

Also, marketing containig the letters "A" and "I" does not invalidate the product. While I absolutely despise seeing AI plastered everywhere, it is true that ML algorithms are often incredibly useful (even if LLMs aren't)

[–] [email protected] 0 points 2 months ago (1 children)
[–] [email protected] 1 points 2 months ago

Oh, ok my bad 😅

[–] [email protected] 10 points 2 months ago (1 children)

They've made a poll that had questions about AI, but no clear options to indicate that you don't want anything to deal with AI. From the results, less than 20% of the voters signalled that they wanted an AI offering from Proton, those being business users, and less than a month later Proton introduces (to business accounts at the moment) a LLM that writes email for you (that has to decrypt and read plain text the emails that were supposed to be stored with zero access encryption), and it uses a model that was trained on copyrighted data without permission.

Not even two weeks later they come up with this crypto wallet, and both endeavours are on two very sensitive and controversial topics, to a point it seems Proton is "selling out" to techbros.

All the while, you can't even create or edit folders and labels on their mail mobile apps.

[–] [email protected] 4 points 2 months ago* (last edited 2 months ago) (1 children)

Fair enough. I sure hope that "business" feature stays business-only or opti-in.

In a way I get it since from my experience the C-suites really like not writing their emails themselves so this is their way of trying not to lose existing corporate customers, however I do see how their lack of transparency is concerning.

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[–] [email protected] 57 points 2 months ago (1 children)

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

[–] [email protected] 12 points 2 months ago* (last edited 2 months ago)

Contacts for phones too

Like what is the start here... The market is super saturated for this and password manager.

[–] [email protected] 17 points 2 months ago (10 children)

I stopped using Brave when and because of crypto bs.

I stopped using proton a few months ago because the price was just too high and my need too small. I needed a reasonably priced family plan for email on my domain, not another cloud drive.

I think this decision will hurt them as others come to this conclusion

[–] [email protected] 4 points 2 months ago (2 children)

Tbh I think it's cool, and since most ppl wanted proton to release stupid things like another browser or another encrypted chat app, a wallet fits right into that while being something that doesn't need that many manhours to be maintained.

I think this will benefit them, proton is more mainstream than you might expect

(also, unlike brave, they are a profitable business without vc and a non-profit org, so there are no intentions to sell your data)

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[–] [email protected] 10 points 2 months ago (1 children)

I never switched to Proton for exactly this reason. I'd much rather use a service that does one thing really well than one that does 20 things okay.

It's all just to keep you locked into your subscription. Now they want you to keep other money tied up in it too.

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[–] [email protected] 42 points 2 months ago (1 children)

Wow excuse my zoomer language but... Who asked?

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[–] [email protected] 92 points 2 months ago (3 children)

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?

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[–] [email protected] 39 points 2 months ago* (last edited 2 months ago) (1 children)
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