Sunday, April 9, 2023

Here's the real problem (but it isn't what is mostly discussed here in the U.S. because of Big Tech in the U.S.

Tik Tok is a Chinese Government Application that is stealing data from all Americans using it.

That statement is true.

However, what you aren't also being told is that Every Big Tech Company in the U.S. and world is stealing your information too and selling it to 3rd parties for a price.

So, What Actually happens when you ban Tik Tok in the U.S.?

What actually happens is that China then has to buy people's private information from American Big Tech Companies instead of getting it for Free from Tik Tok about those who actually use Tik Tok which is mostly young Americans until 25 or 30 years of age.

So, what happens?

If Tik Tok is silenced China has to buy this private information about all Americans online from the U.S. Big Tech Companies.

So, who wins here?

Big Tech American Companies because China will buy this information from them instead of gathering it for themselves for free through Tik Tok.

This is the reality that most people don't want you to know about. (especially American Big Tech Firms who are bound to make a mint selling everyone's information in the U.S. and all over the world to anyone who wants to buy this information. This is reality.

What people are being told in the news is mostly fantasy.

I'm not even sure most Senators and Congress people actually know this truth because they would actually need to understand how all this technology actually works like I do to understand it both through programming and technology that I have studied since the 1960s.

Am I saying "Don't Ban Tik Tok?" 

No! I think Tik Tok should be banned for a variety of reasons beyond anything discussed here so far.

But, unless you understand that China will then have to buy this information about ALL Americans from American Big Tech Companies and people also on the Dark Web you are fooling yourselves into believing a fiction about all this.

But yes. At least if Tik Tok is banned it will be much more expensive (but workable) for China to buy All Americans Data, Credit histories, buying patterns, wealth etc.

However, its important not to have any illusions about what is actually going on here.

It's one reason why people (like in the 1930s and 1940s) are putting cash into cans in the ground or buying gold and hiding it somewhere they can dig it up later. Some people put it in mattresses or in suitcases ready to travel in an emergency.

But, any way you look at it more and more people are withdrawing enough cash from their banks to last at least a month should there be any more bank collapses because of the fed raising interest rates.

However, the collapse of SVB has made all banks so paranoid they aren't loaning money barely at all now worldwide.And this might be enough to stop Inflation in it's tracks (at least in the U.S. and Europe).

No comments: