Why Nostr? What is Njump?
2024-07-25 11:33:37

DontTraceMeBruh on Nostr: Whats the deal with Proton Privacy? They're releasing a Bitcoin wallet (Proton ...

Whats the deal with Proton Privacy? They're releasing a Bitcoin wallet (Proton Wallet) which integrates with ProtonMail allowing users to send BTC to email addresses.

Thats good, right?

Well, theres a lot mixed signals and conflicting stances made by Proton. Lets dissect.

Proton is a privacy centric company. Their first product Proton Mail was e2e encrypted email. Every product offered by Proton since has made privacy a priority.

With the exception of Proton Wallet.

Not only is Bitcoin anti-privacy, the Proton Wallet itself offers no privacy tools at launch such as coinjoin or silent payments.

Instead of a complementing its privacy products, Proton Wallet risks linking users' emails to their real identities.

While the most requested private payment option, has gone ignored since 2018.

Note: this isnt asking Proton to make a Monero wallet or allow Monero payments to email addresses. It is simply asking Proton to accept Monero payments for their products. To protect user privacy.


Yesterday, the Proton team replied to a reddit post asking about a possible Monero integration.

"because of the risk of associating Proton with criminality. Unfortunately, at present, Monero support in Proton Wallet would not assuage those concerns." https://libreddit.bus-hit.me/r/ProtonWallet/comments/1ebbpub/monero_integration/


Besides there being no legal basis for assuming that creating a Monero wallet or simply accepting Monero payments is illegal, it also directly contradicts their ethos of providing privacy services in spite of government approval.


The unwillingness to offer Monero payment option due to perceived legal risks also contradicts the fact that Proton accepted Bitcoin donations at the peak of Bitcoin's Darknet days and mainstream narrative that it was a tool for criminals, much like Monero is portrayed today.

To add insult to injury, Proton Wallet makes this meaningless comment on "shitcoins" with no further context, which is the crypto equivalent of "Go woke go broke" as it panders to a minority of crypto users while alienating the rest of its userbase.

The only logical conclusion I can come to is that Proton has been infected with the Bitcoin maxi woke mind virus. Putting ideology ahead of ethos and logic.

Such careless disregard for their users' privacy may be the first nail in the Proton coffin.

What do you think?
Author Public Key
npub18lh4jdudeemjd5l0xh2xn86hhm8hd5a7pgf3sanhzf4xdjdduwuq0hupqz