One and a half year ago, I built an (unofficial) bot, Ragebot [0], that would function as spam protection for the many bot accounts joining public Kik groups. The project took off and was added to hundreds of thousands of groups by Kik users. Two days ago, Ted Livingston announced the closure and Kik has been chaos throughout ever since, with people adopting Discord and Telegram to retain their online friend circles.…
>Even though this feature came with some amount of darkness I could guess at what you mean, but don't want to be wrong. Could you elaborate on what kind of darkness you were referring to?
Kik, once valued at $1B, is to be closed
41–50 of 262 posts
Re: Kik, once valued at $1B, is to be closed
#42People are ridiculous about cryptocurrencies and the SEC's authority to regulate securities (and decide what a security is).
To have an enormously engaged platform with a moderation problem and a cryptocurrency with an SEC problem and to pick the SEC problem is ...
I'm sorry for the workers, their families, and their investors that they're losing their jobs and the work they put into the platform will just be gone because the founders have dreams about money laundering and securities fraud (and delusions about labeling what they are doing as something else).
Re: Kik, once valued at $1B, is to be closed
#43... the FBI had taken control of a Kik user's account to run groups sharing such illegal imagery for over a year ... Think about that for moment.
Everything old is new again, the crack epidemic was fueled by the CIA[0] and they killed one of the whisteblowers (Gary Webb) and the FBI has recently been involved with the Jeffrey Epstein cover up[1]. Those institutions have little to none accountability which makes them extremely attractive to the wealthy to put them in their pockets; and even when those institutions have the best intentions such lack of checks an…
Re: Kik, once valued at $1B, is to be closed
#44> "While we are ready to take on the SEC in court, we underestimated the tactics they would employ. How they would take our quotes out of context to manipulate the public to view us as bad actors. How they would pressure exchanges not to list Kin. And how they would draw out a long and expensive process to drain our resources." Anything you say, can and WILL be used against you in a court of law. Without good lawyers…
Re: Kik, once valued at $1B, is to be closed
#45This is just Forbes blogspam of the original blog post: https://medium.com/@tedlivingston/moving-forward-boldly-with... It was submitted to HN here, and I noted that it would be unlikely to get attention because of its title: https://news.ycombinator.com/item?id=21055034 HN's strict title rules encourage submitting blogspam that writes sensationalized titles like this (and it's even been dialed back now).
Maybe my reading comprehension could improve, but somehow I didn't have the loud "SCAM!" alarm going off in my head the whole time I read the blog... unlike TFA. [EDIT]: Also, "Moving Forward Boldly"? That seems like it would be #2, right below "Our Incredible Journey" on the list of this-must-be-irony titles for startup failure posts.
Re: Kik, once valued at $1B, is to be closed
#46Earlier quoted context omitted.
Maybe my reading comprehension could improve, but somehow I didn't have the loud "SCAM!" alarm going off in my head the whole time I read the blog... unlike TFA. [EDIT]: Also, "Moving Forward Boldly"? That seems like it would be #2, right below "Our Incredible Journey" on the list of this-must-be-irony titles for startup failure posts.
Yeah, they're actually going to reduce burn by 85%, have an elite 19 person team, and fight the SEC in court. Seems pretty bold actually.
Re: Kik, once valued at $1B, is to be closed
#47Earlier quoted context omitted.
Yeah, they're actually going to reduce burn by 85%, have an elite 19 person team, and fight the SEC in court. Seems pretty bold actually.
While terminating the app that gave them all of their tech credibility.
Re: Kik, once valued at $1B, is to be closed
#48Re: Kik, once valued at $1B, is to be closed
#49Wow. People are ridiculous about cryptocurrencies and the SEC's authority to regulate securities (and decide what a security is). To have an enormously engaged platform with a moderation problem and a cryptocurrency with an SEC problem and to pick the SEC problem is ... I'm sorry for the workers, their families, and their investors that they're losing their jobs and the work they put into the platform will just be go…
Re: Kik, once valued at $1B, is to be closed
#50One and a half year ago, I built an (unofficial) bot, Ragebot [0], that would function as spam protection for the many bot accounts joining public Kik groups. The project took off and was added to hundreds of thousands of groups by Kik users. Two days ago, Ted Livingston announced the closure and Kik has been chaos throughout ever since, with people adopting Discord and Telegram to retain their online friend circles.…