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Joined 11 months ago
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Cake day: October 17th, 2023

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  • In the early days […] we often received a question along the lines of “I love the product and what Proton stands for, but how do I know you will still be around to protect my data 10 years from now?” […] Ten years and 100 million accounts later, we would like to think we have proven the point with our track record, but actually the question is just as relevant today as it was 10 years ago[.] […] Proton was not created to get rich[, …] but rather to address the […] problem of surveillance capitalism. […] Proton has always been about the mission and putting people ahead of profits […] and there is no price at which we would compromise our integrity. Frankly speaking, […] if the goal was to sell for a bunch of money, we could have done that long ago. […] Most businesses are built to be sold — we built Proton to serve the mission.

    My problem is there’s literally ways you can organize a business that makes literally impossible to legally do these things. When businesses say these things, but don’t acknowledge the reality that they could always recharter the business in such a manner where you don’t just have to trust them to behave with no recourse if they don’t, I always have to add “but we still will continue to reserve the right to sell you out but pinky promise we won’t ever do it”










  • Uh not really… he started PayPal and then sold himself like 1 million shares at $0.001 (a tenth of a penny!) a share. Did you even read the article? Literally anyone who starts a business has to inject capital. It’s not gambling any more than any other person simply starting a business.

    Also if you do read the article. You will learn it is not just Peter thiel, but many many many wealthy individuals who have done similar things. You say “the ultra wealthy would love to have Roth IRAs!” Well guess what: they do and it’s often a substantial portion of their fortune.

    So what is your point now?



  • Don’t forget that when someone is talking about the average American “owning stocks” what they really mean is “has a retirement account that works in a way they don’t fully understand, which includes securities such as stocks, that they are not legally allowed to touch until they are 60”.

    Anyone who tries to insinuate that the way average Americans “own stocks” is in any manner comparable to the way the wealthiest do, should honestly literally be put in the stocks where commoners can hurl tomatoes at them.