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A comment on Signal adds a payments feature with a privacy-focused cryptocurrency. Parent comment

Re:Signal adds a payments feature with a privacy-focused cry... by devwastaken on Tuesday April 06, 2021 @01:25PM (#26714732)
If they didn't use some random 'coin' no one has heard of I'd be on board. They're trying to compete in a bad way. They should simply just use Stripe and be done with it. People want an alternative to facebook messaging and PayPal. They don't want superfluous cryptos.
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Re:Signal adds a payments feature with a privacy-focused cry... by RL_Quine on Tuesday April 06, 2021 @01:35PM (#26714884)
Moxie Marlinspike is listed as an advisor of MobileCoin, so there's some obvious financial connections between the two.
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Re:Signal adds a payments feature with a privacy-focused cry... by RL_Quine on Tuesday April 06, 2021 @01:52PM (#26715104)
"Moxie, as an individual, is a paid technical advisor to MobileCoin"
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Re:Signal adds a payments feature with a privacy-focused cry... by EMM_386 on Tuesday April 06, 2021 @06:45PM (#26718320)
> If they didn't use some random 'coin' no one has heard of I'd be on board.

The founder of Signal actually created MobileCoin.

https://www.wired.com/story/mobilecoin-cryptocurrency/

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Re:Signal adds a payments feature with a privacy-focused cry... by hiq on Tuesday April 06, 2021 @04:26PM (#26716966)
I think the end-goal is to provide privacy guarantees you will never have with Stripe or other traditional payment processors.
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Re:Signal adds a payments feature with a privacy-focused cry... by sudosysgen on Tuesday April 06, 2021 @04:38PM (#26717109)
You can't trust an app that is distributed through the Google Play Store as a wallet with any kind of privacy guarantee.
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Re:Signal adds a payments feature with a privacy-focused cry... by immy on Tuesday April 06, 2021 @03:48PM (#26716537)
Signal was a random 'messenger' at one point too. They needed a fast (in seconds) private way to send money. There wasn't one. Until now.
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