What is a Bitcoin wallet? A complete guide | Proton
What is a Bitcoin wallet? A complete guide | Proton
Check out our simple explainer on the basics of Bitcoin wallets, how they work, and the features of different types.
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I was thinking about switching to Proton but I'll probably just stick with Tutanota now.
Proton's users are probably mostly technical people. They really failed to read the room on this one.
Or they didn't and social media are overreacting as usual, because hating AI and blockchain is trendy. Bitcoin is super helpful for those who are under the scrutiny of authoritarian regimes. These people are part of their user base. Not everything is about tech bros and buzzwords.
If that's the case then perhaps they should have implemented Monero (or something similar), which was designed for, and as far as I know, still provides both anonymity and privacy. Neither of those are properties of BTC.
Or they could have not done this since there are many other wallets that can be used without a paid account that can easily be blocked by such a regime.
Seriously, if you live under the scrutiny of an authoritarian regime, please do not use Bitcoin for anything that might get you into trouble. It is neither anonymous nor private.
People use BTC everywhere in the world, for example the anti-Putin opposition. Proton is implementing what people need, that's fairly simple.
BTC is okay, but XMR is a lot better
We need XMR support. Right now we’re just swapping XMR for BTC to pay anonymously
Bitcoin has much wider adopt which is most likely why it is first. BTC has an average of 600k transactions per day vs XMR which averages about 30k per day. I'd probably make the one that would actually be used the most first as well.
Except they only support the main blockchain for BTC which is really pricey
They could add support for LTC, DOGE, Lightning for BTC, and XMR and they would get a lot more customers
And you’re also forgetting that XMR is a really good choice to support for a pro privacy / anonymity company. Having crypto support without XMR for that kind of products makes little sense
Bitcoin and blockchain have only two use cases:
- Financial speculation
- Fraud and criminal activities
You obviously don't know what you are talking about. Why are you talking then? This is silly.
Right, everyone who disagrees with me as a fool and knows nothing.
You might disagree with what I am saying, but you can't deny this is a reasonable take and not mere shitposting or engaging in "hate crimes against the blockchain!".
This is not about blockchain, silly. You simply don't know how people use it. It can be very, very valuable tool, especially among people who have to use privacy-oriented services like Proton. The fact that you confidently ignore such use cases tells more than enough about the depth of your knowledge: it is based on hateful social media comments and nothing else.
"Silly"
Very mature comeback. An excellent reflect of the validity of crypto use cases. Couldn't have done better myself.
If you knew anything about business and industries, you would know full well that cryto/blockchain has been a massive failure in practically every use case other than two I outlined above.
If you did care about "privacy" w.r.t. crypto, you wouldn't be using bitcoin.
Or maybe just privacy and anonymity, low fees, not being controlled by external entities? You know, the thing it was built for.
Privacy and anonymity with Bitcoin? Are you serious?
Not being controlled by external entities? Bitcoin is controlled by a bunch of whales and various insiders such as Tether, the client development goons and random scammers.
All of them are looking to get some money off the marks. Nothing more, nothing less.
I was talking about crypto and blockchain in general
You can achieve relative anonymity by getting BTC by swapping with a better crypto like Monero
At least your money is safe, it’s what I mean by control. They can’t take it from you.
I disagree.
The specific methods, be it crypto or some offshore fake company scheme, don't matter.
If you are a nobody and you give the government reasons to prosecute you, they will crack your scheme no matter how convoluted your crypto setup. This is basic common sense.
The whole "crypto = freedom" is a ruse promoted by various scammers and criminals to attract marks.
The scammers figured out that some low effort copytext about "freedom" is an easy way to attracts marks in context of a crypto scam, especially north american ones who like to believe they understand the meaning of freedom. When in reality their knowledge of such matters is extremely lacking; and I am being very diplomatic in this.