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Comment by danielpatrick

You're misunderstanding Kin. Kin is not "controlled by Kik" it is an asset that will be exchangeable in and out of the Kik ecosystem. Furthermore, Kin balances will be kept on a public ledger and any other company could build extensions and uses of the currency.

It would be as if your Walmart dollars actually had an exchange for other currency. I would see this as a good thing. Then the poor worker who is being paid in Walmart dollars can know exactly how much they're being paid.

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