this post was submitted on 24 Jul 2024
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Privacy

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[–] [email protected] 12 points 3 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.....

[–] [email protected] 4 points 3 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.

[–] [email protected] 1 points 3 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

[–] [email protected] 3 points 3 months ago

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

[–] [email protected] 3 points 3 months ago

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

[–] [email protected] 2 points 3 months ago

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

[–] [email protected] 2 points 3 months ago

You are probably right, and I hate it.