Yes, there is a chance Proton Wallet is a honeypot. Let's assume it is one: We are not their target audience. People who know no better already live in a honey pot. An opportunity to expose a taste of freedom tech to 100M+ users, shitcoin-free? That's massive. Most of them won't fall into the rabbit hole, but some of them will. Net positive. Just like our life paths are all different, our ways to understand bitcoin are too.

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any custodial could be a honeypot no? otherwise these days everyone and their mothers are making digital wallets no matter the currency and the service offered...
It can be both a honeypot and a net positive. Better than gmail or hotmail (I assume). But swiss gov likely has a back door.
They are incentivised to make this work and do it right. It would allow users who already pay for their subscriptions in BTC to have that subscription automated in house.
According to trading activity, #BitcoinETF buyers are still HODLing, There has been no sign of panic yet, so it's likely to take a much larger decline in #Bitcoin before they finally give up. A lot of people aren't paying attention but that could happen as soon as next week, especially after another big selloff this weekend. It's more than just a VIP group if you're going into crypto investing. Their signals are filled with educational, insight, and returns. Source:
Are there really ANY companies that WOULDN'T give customer info to local authorities if ordered to? Please name them.