The Kin Show with Tony Jacob

#006 Kin's Money Supply - Wim H.

June 24, 2021 Tony Jacob Season 1 Episode 6
The Kin Show with Tony Jacob
#006 Kin's Money Supply - Wim H.
Show Notes Chapter Markers

Wim is a Kin OG and freelance software engineer who’s written several articles on Kin over the years. He got involved with Kin in late 2017 and has been following the project closely ever since. He’s active on some of the Kin Telegram channels and mainly lurks on the Kin Foundation’s sub reddit.

In this conversation we talk about Kin’s money supply, the psychology behind the total supply of 10T coins, how Kin’s use case differs from that of Bitcoin’s, Kin’s price convergence across ecosystem apps, the idea of interactive Vs non-interactive spends, Kin’s rate of inflation, decentralizing the KRE, the need for better spends, growing the developer ecosystem and lastly we talk about the 3T that Kik Inc owns.

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Wim's background and intro to Kin
Incorrectly valuing Kin and addressing the coin burn sentiment
The case for 10 Trillion coins
Comparing Kin's monetary policy to fiat
Price convergence across apps
The need for better spends
KRE's rate of inflation
Further decentralizing the KRE
The need to grow the developer ecosystem
Kik Inc's 3 Trillion Kin
Future outlook