WallStreetApes
EXCELLENT TikTok Ban Breakdown
“I know for a fact they're not trying to ban TikTok for the reason that it's owned by China.
You know how I know that?
Because it's not f**** owned by China.
It's just f***** not.”
Fact Checkers Say “In 2021, a Chinese state-owned enterprise purchased a "golden share" stake in ByteDance, the parent company of TikTok, allowing the Chinese government to outvote all other shareholders.”
Well in 2021, China's Government bought only a 1% stake in the main domestic unit of TikTok owner ByteDance.ByteDance told Insider the domestic unit that sold the golden shares "has no ownership, visibility, or input into ByteDance's global operations.
"Mainstream media outlets like Wall Street Journal says not to listen to anything the company says, “The government's purchase of the golden shares was partly intended to give Beijing a say in what happens to TikTok's algorithm”
This has NOT been proven but they’re all running with it.
Reuters Fact Checkers say there are many golden stake shares that expand the Chinese government’s influence in TikTok but they also say “Reuters was not able to ascertain how many other data-rich firms authorities were seeking to take a golden share in.”
So they don’t actually even know for sure, they’re just reporting it.
- “60% of the company is owned by international investors, including US investors
- 20% is owned by its founders
- The other 20% is owned by the employees. Nearly 10,000 of which are US citizens
And I know they're not trying to ban it to protect the private information of Americans from the CCP.
Do you know how I know that?
Because all American user information is on servers in Texas, already overseen by a US company called Oracle.
So we know it's not because it's owned by China, and we know it's not to protect our personal information.
So the only valid question is, why do they wanna ban it?
And the answer to that is this isn't about TikTok.
If you actually take the time and read through the bill that they just passed, here's one very important thing that this bill allows them to do.
That is to shut down or take control of any social media platform that they claim interferes with the election.
And who would make that determination? President. The president would have complete power on whether or not to shut down a social media platform. Oh, and if that platform wanted to appeal it, that is gonna be ruled by the DC Court of Appeals.
This concentrates power over all social media platforms that don't wanna get in line, that don't wanna give the government what they want, that don't wanna do what the government says.
That's all this is about.
See, they tried to do this before.
They tried to do it with Facebook and Instagram, but Facebook and Instagram got in line.
They didn't do it with Twitter for a while because Twitter was doing what they told them to do.
But then once Elon bought it, they tried it again because x wouldn't get in line.
But they couldn't build up enough support for that,
- 1, because Elon's a f***** billionaire,
- 2, because he's an American who's liked and they couldn't get enough support to shut him down.
So now they're trying it again using the specter of Chinese own.
Aren't you worried about your privacy?
Now if I was worried about my privacy,
I wouldn't use Google.
I wouldn't use Alexa.
I wouldn't shop on Amazon.
I wouldn't use facial recognition on my phone.
I wouldn't go on Facebook and Instagram because we know they're stealing our information.
I wouldn't hold this phone in my hand because we all know it's listening.
And people are wondering why the government was able to come together and agree on this.
Why wouldn't they?
Why would the government not come together and agree on granting themselves power?
Because that's all this bill does.
It takes away your right to privacy and communication and gives it to them.”
www.nbcnews.com
truthsocial.com
