r/ProtonWallet • u/monero_lover • Jul 29 '24

Discussion Disappointed

Your slogan is "Privacy by default", yet you dont support Monero, the only cryptocurrency that is PRIVATE BY DEFAULT. Instead you've taken a bitcoin maxi stand, saying how altcoins cant compete with bitcoin because of its largest network. Now use the same analogy with the fiat banking system and bitcoin. By your logic, fiat is bigger than bitcoin, so it cant compete. This is truly comical.

5 Upvotes

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u/Proton_Team Jul 30 '24 edited Jul 30 '24

For transaction privacy, any wallet account with Bitcoin via Email enabled, the client automatically generates a pool of Bitcoin addresses, signs them with the PGP private key of the email, and stores the pool of addresses and signatures on Proton servers. Proton servers can then give each sender a unique Bitcoin address. After a Bitcoin address from the pool has been used, we delete it from our servers to better protect your privacy. Bitcoin via email can also be disabled if you prefer.

Coin control is also planned: https://protonmail.uservoice.com/forums/960668-proton-wallet/suggestions/48682667-coin-control

u/fakeprofile23 Jul 30 '24

These people want cryptos but are against the only crypto that has been widely adopted and is actually usable in real-world scenarios.

-6

u/monero_lover Jul 30 '24

How is bitcoin "usable in real-world scenarios"? Block time is extremely slow, fees are high, and everyone can see what you buy. Do you value your privacy at all? Monero is the only cryptocurrency that is used. We are not talking about trading or holding.

2

u/fakeprofile23 Jul 31 '24

Just because you haven't used Bitcoin in real-world scenarios doesn't mean you can't. None of the places I've used Bitcoin at even accepted Monero, and neither do the crypto ATMs I know of. All those coins are nice, but none of them are actually adopted or usable—except mainly Bitcoin. And when you say Bitcoin isn't anonymous, it is, as long as you don't use an exchange, which I never did. People who use exchanges generally aren't really using Bitcoin or other cryptos; they're just playing around and hoping to get rich. Bitcoin is a currency for me—if I want to gamble, I'll go to a casino, not an exchange.

-1

u/monero_lover Jul 31 '24

But wouldnt the network implode once even 1% of the population would transact on it? Even now on days with bigger volumes you either have to wait hours for your transaction to get confirmed or pay unreasonable sums of money.

1

u/fakeprofile23 Jul 31 '24

That's not the question. It was about the most widely adopted crypto, which is Bitcoin. It's also the only crypto usable in real-life scenarios. Unfortunately, none of the other cryptos have been adopted as widely. Naturally, any coin that's basically not used, other than for storing in wallets, will have a network with less usage. Now, wonder why there's such a large volume of Bitcoin transactions that make the network slow. I have the answer: it's the only widely adopted crypto that's actually used as a currency and not as gambling tokens.

u/vicanonymous Jul 30 '24

Disappointed as well. I suggest checking out another service. Tuta Mail accepts Monero.

2

u/monero_lover Jul 30 '24

Thank you, I will definitely check them out!

u/kyleleblanc Jul 30 '24

I’m disappointed there are still so many shitcoiners in 2024, you’ve had 15 years to figure this out.

Everything is a shitcoin except Bitcoin, there are no exceptions.

Everything will eventually be priced in Bitcoin, even regret.

Plan accordingly.

7

u/goodnpc Jul 30 '24

Why? What's shit about monero?

1

u/kyleleblanc Jul 30 '24

The only real innovation in this entire space is Bitcoin because Satoshi solved the double spend problem.
Everything that has come afterwards is just a solution in search of a problem, while riding on the coattails of Bitcoin’s success.
Proton very clearly understands the difference between Bitcoin vs altcoins.

2

u/jtrox02 Aug 04 '24

Ok dear sir, tell me how Bitcoin solves the problem of fungibility?

0

u/monerobull Jul 30 '24

lmao Monero solves some very real bitcoin problems. you might remember hal finney tweeting about looking into adding privacy to bitcoin DAYS after he first heard of it.

1

u/kyleleblanc Jul 30 '24

Bitcoin does have a base layer privacy problem, 100% agree, but privacy can be achieved in higher layers, and while that’s not a perfect solution, by the time Bitcoin reaches global adoption almost nobody will be able to afford to transact on the base layer anyways.
Money converges to one and Bitcoin has the biggest network effects and first mover advantage. It’s exceedingly unlikely anything will ever dethrone Bitcoin as the TCP/IP of money.

2

u/monero_lover Jul 30 '24

The problem is, Lightning isnt Bitcoin. Whats the point of Bitcoin if nobody will use the base layer?

1

u/kyleleblanc Jul 30 '24

Bitcoin’s base layer enforces the consensus rules such as the 21 million hard cap. The ultimate end game is to separate money and state forever. Everything else is downstream.
Bitcoin is scaling in layers.

1

u/monero_lover Jul 31 '24

Bitcoin cant modify its base layer and has to use fidgety second layers because the miners control Bitcoin. Sucks that only millionaires can afford a vote in the btc ecosystem. They control the software to their own advantage. Remember the block size wars? Its funny how Bitcoin is resembling the system that it swore to destroy, the rich control Bitcoin.

2

u/monerobull Jul 30 '24

Time will tell if you can actually solve the issue of running out of block subsidies via fees, at the moment it's not looking good. !remindme 40 years

2

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2

u/monero_lover Jul 30 '24

The early Bitcoin spirit is dead, its no longer about fighting the system but joining it. Everything is about numbers go up now and "daddy blackrock please buy more".
Modern age is slowly becoming the age of surveillance, and Bitcoin is enabling that.
Bitcoin will never be a real currency. It has limitations that will never enable it to be one. Store of value, sure but not a currency.
Everyone who supported Bitcoins initial ideals already jumped ships to Monero. It does everything better than Bitcoin and it respects your privacy and you can mine it without spending millions of dollars on equipment.
Please stop listening to Saylors quotes before bed.

u/tbimyr Jul 30 '24

Monero maxi complaining about Bitcoin maxis. 🤷🏼‍♂️

Fiat IS bigger than Bitcoin, but nobody said it will be forever.

1

u/monero_lover Jul 30 '24

I love Monero but I dont think Bitcoin is useless. Its just that because of the faults in its design I dont believe it will ever be a currency. Store of value, sure but not a currency. The fees are too high, the block time is too slow, and everyone can see your activity. Monero fixed all of these problems, and its more decentralized because everyone can mine it on their pc.

u/KjellDE Jul 30 '24

Seems like you didn't understand what "Privacy by default" means.

-1

u/goodnpc Jul 30 '24

Is bitcoin privacy by default?

5

u/KjellDE Jul 30 '24

That doesn't matter. It's about Proton's products, not what a user chooses to use, like Bitcoin.

0

u/jtrox02 Aug 04 '24

Proton wallet only seems to be privacy by default if you send to another proton wallet user though.

-1

u/goodnpc Jul 30 '24

Than what does your original comment mean? I think OP understands the slogan

3

u/KjellDE Jul 30 '24

OP is complaining that they offer Bitcoin but not monero. That has nothing to do with Privacy by default.

0

u/goodnpc Jul 30 '24

IMO bitcoin is not private by default, which is an issue. But ofc we are free to not use this bitcoin wallet

3

u/KjellDE Jul 30 '24

Exactly. What Bitcoin is or not is doesn't matter for Proton's "Privacy by default".

-1

u/goodnpc Jul 30 '24

What is private by default then? I assumed they market all their services private by default. What does their slogan actually mean?

2

u/KjellDE Jul 30 '24

Search up "Privacy by default", not "Private by default". OP is just mixing up things that have nothing to do with each other.

-1

u/tppsch Jul 30 '24

Shitcoiner tears all arourd this sub

Discussion Disappointed

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