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Proton releases a self-custody bitcoin wallet | Proton Wallet is open source and has been audited by a third-party firm, the company said (techcrunch.com)

submitted 2 months ago by [email protected] to c/[email protected]

65 comments fedilink hide all child comments

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

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[–] [email protected] 17 points 2 months ago (13 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

[–] sugar_in_your_tea 1 points 2 months ago (4 children)

How will it hurt them? If you don't want a Bitcoin wallet, don't use it. It's not like offering one takes a significant amount of resources or drives up the cost.

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

As a userbase grows, companies have 2 options to make it more competitive.

More services Lower prices

And no company chooses the later.

And that's how you get bloat

[–] sugar_in_your_tea 1 points 2 months ago* (last edited 2 months ago)

Companies do the second all the time. As the number of services grows, so do the options for service tiers. But that only works if there's competition. For example, my ISP had two options for years, but as soon as my city announced a new fiber rollout, they overhauled their product offering with options above and below the previous options. I just checked and they overhauled things again (new higher tiers), and now my tier is $5/month cheaper than it used to be. In my area, we currently have about 4 options (cable, DSL, my local ISP, radio), and we're adding a city-owned fiber network as a fifth.

Oh, and they added more features and now offer TV, managed WiFi, etc, and those are also at competitive prices. So at least in my case, adding options has decreased prices due to product segmentation.

Back when I only had 2 options (cable or DSL), their prices kept going up and their features stayed stagnant.

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