Later this week, popular anonymous messaging app Kik will shut down. Just a few days ago, company CEO Ted Livingston announced that he would pull the plug on the messenger, opting instead to focus on building a cryptocurrency — the only pivot a…
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If anonymous chat remains a need beyond the nefarious--such as identity exploration--and isn't just a shiny-penny experiment, as it was for many, then a new product will emerge. But let's be serious. This was a business decision. Cryptocurrency triggers a lot less moral outrage as a business model than enabling anonymous chatting.