Bit by bit Proton is slowly becoming Brave
It starts with a Bitcoin wallet. Cryptofication is just another flavour of Enshitification. They could of at least used a crypto that is more energy efficient than Bitcoin not that there is really any green cryptos in the first place.
Ah, timely as ever, really riding that crypto hype
At least they’re not launching their own token yet
Why build Proton Wallet?
Early in our journey, we experienced first-hand what it’s like being cut off from the financial system and at the mercy of large banks and institutions — an ordeal that affects millions of people across the globe. In the summer of 2014, as the original Proton Mail crowdfunding campaign was in progress, Proton had a near-death experience when PayPal froze our funds(new window), questioned whether encryption was legal, and whether Proton had government approval to encrypt emails.
Fortunately, in that instance PayPal returned the blocked funds, and Proton was able to start the journey that we’ve been on for the past decade. However, that dangerous moment has always stayed in our minds, and we still keep a proportion of Proton’s financial reserves in Bitcoin.
Having experienced firsthand the unreliability of the traditional financial sector, building Proton Wallet is an important strategic move to make Proton more resilient and independent in the future. By enabling us and the entire Proton community to more easily adopt means of payment that deliver on the promise of financial freedom for all, we better insulate Proton from the risks posed by traditional finance.
Funny how the free plan is not receiving any of the recently announced trash, making it more attractive than the paid options.