They said they made Wallet because they nearly got shut down by PayPal in 2014
And they plan on implementing more privacy features but they also need audits as a company and many reputable Swiss companies don’t want to engage with crypto companies so that’s why they are careful with it
They weren’t almost shut down by PayPal. Their account was frozen for a short period of time while PayPal figured out who the hell they were and why tens of thousands of dollars were being sent their way during the crowdfunding campaign. PayPal did their due diligence and then unfroze the account. Completely normal.
If wallet was really about keeping Proton safe from banks/PayPal messing with payments then why did they wait almost a decade? It doesn’t make sense to me.
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They said they made Wallet because they nearly got shut down by PayPal in 2014
And they plan on implementing more privacy features but they also need audits as a company and many reputable Swiss companies don’t want to engage with crypto companies so that’s why they are careful with it
They weren’t almost shut down by PayPal. Their account was frozen for a short period of time while PayPal figured out who the hell they were and why tens of thousands of dollars were being sent their way during the crowdfunding campaign. PayPal did their due diligence and then unfroze the account. Completely normal.
If wallet was really about keeping Proton safe from banks/PayPal messing with payments then why did they wait almost a decade? It doesn’t make sense to me.
They waited about a decade because they didn’t have the resources and they had different stuff on their plate
They were working on Mail
They were small why do you think they should’ve done Wallet in 2014?
Sorry, no, it’s not “completely normal” to freeze an account for weeks without any recourse or communication and then be like “all good I guess”.
You could easily break a company doing just that. It really fucking sucks and should never happen.