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1010 sats \ 6 replies \ @denlillaapan 9h \ on: I'm Seth For Privacy, freedom maximalist and VP of Cake Wallet - AMA! AMA
Bitcoin wallets, like podcasts, mushroom out of all proportions.
Nuff already: I find that there are too many Bitcoin wallets -- cluttering up my phones and scattering seed phrases everywhere.
Do we really need another? And why is your preferable to what's out there/what you consider to be your closest competitors?
While I agree we don't need this many practically, having lots of options that try different approaches is one of the things that makes Bitcoin special.
As for Cake -- the main differentiator is that we put privacy first in everything we do. No telemetry, no tracking, no accounts, etc., while also leading the way in a lot of privacy tech (Monero, Bitcoin Silent Payments, Litecoin MWEB, etc.) with more coming down the pipe (i.e. Payjoin v2 is a WIP and in internal testing).
We embrace the reality of a multi-cryptocurrency world which is also a key differentiator, making it incredibly easy to swap between cryptocurrencies w/o KYC or the traditional deposit/withdrawal at a central exchange. Most people out there are not Bitcoin-only maximalists, and the vast majority use some combination of EVM chains, Bitcoin, and Monero. We want to serve them, while allowing hardcore Bitcoiners to still have a "Bitcoin-only" experience if they so choose.
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beautiful, man. Thanks!
Yeah, that's a lovely addition in a post-Samourai world.
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Of course, thanks for the fantastic question! Love when it's clear you've put a lot of thought into it.
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