Yanis Varoufakis was recently saying some interesting stuff about TikTok. Basically TikTok is a way for a Chinese company to generate data capital in a way that cant be taxed or restricted in ports, and that drives US capital crazy.
He also connected it with the Huawei ban- basically the US is terrified of China's free universal digital banking, because it could threaten to unseat the dollar as the international trade currency.
Yanis Varoufakis was recently saying some interesting stuff about TikTok. Basically TikTok is a way for a Chinese company to generate data capital in a way that cant be taxed or restricted in ports, and that drives US capital crazy.
He also connected it with the Huawei ban- basically the US is terrified of China's free universal digital banking, because it could threaten to unseat the dollar as the international trade currency.