Would China ever agree to let Instagram, Facebook, YouTube, Snapchat, WhatsApp, Messenger etc. or any new startup operate freely and make money there? It should never have had this one-way economic benefit to begin with.
US to ban transactions with ByteDance and WeChat in 45 days
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Re: US to ban transactions with ByteDance and WeChat in 45 days
#92Is there any precedent for a president to do such a thing? I am completely astonished and dumbstruck that everyone is ok with this.
The government frequently bans foreign products that have national security implications.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#93Is there any precedent for a president to do such a thing? I am completely astonished and dumbstruck that everyone is ok with this.
At least in my social circles, this has been one of the few things trump has done that both dems/conservatives agree with. Why would you be ok with CCP collecting info on US citizens and spreading misinformation to benefit a foreign regime?
Re: US to ban transactions with ByteDance and WeChat in 45 days
#94Some people here are wondering about the implications of this. What this means IMO is that all Chinese investments in SV need to be liquidated at fire sale prices in the next 45 days. Regardless of how people here feel about China this is a huge escalation. The US is inflicting huge losses on Chinese companies for no clear violation of US laws on their part. The pandoras box is now open. Do countries get to do this t…
What are your views on IP theft by some companies there. Should that be considered first strike by China.
We want to kick down the ladder after we climb it. That’s what this is about.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#95Earlier quoted context omitted.
US is merely reciprocating the policies of CCP: let them allow US companies to compete fairly in China as well.
> US is merely reciprocating the policies of CCP Does this mean the policies of the CCP are superior to US policy to date?
Re: US to ban transactions with ByteDance and WeChat in 45 days
#96Some people here are wondering about the implications of this. What this means IMO is that all Chinese investments in SV need to be liquidated at fire sale prices in the next 45 days. Regardless of how people here feel about China this is a huge escalation. The US is inflicting huge losses on Chinese companies for no clear violation of US laws on their part. The pandoras box is now open. Do countries get to do this t…
In this kind of environment people that are rational either stick to their tribe or learn to keep their mouths shut because it's no longer safe to express a contrarian opinion (just like in China). You see already see this in comments sections throughout western publications and forums where questioning policy or taking the opposite side means you are a bot/stooge/unpatriotic/50 cent warrior, etc, etc, etc.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#97Some people here are wondering about the implications of this. What this means IMO is that all Chinese investments in SV need to be liquidated at fire sale prices in the next 45 days. Regardless of how people here feel about China this is a huge escalation. The US is inflicting huge losses on Chinese companies for no clear violation of US laws on their part. The pandoras box is now open. Do countries get to do this t…
I think we are already passed the point of any of this mattering. Increasingly the rhetoric seems to me to just be: what matters isn't who is in the right or what is just or fair. Increasingly the only thing that matters is which side you are on. Are you with us or are you against us? It's just dogma at this point. In this kind of environment people that are rational either stick to their tribe or learn to keep their…
Re: US to ban transactions with ByteDance and WeChat in 45 days
#98Re: US to ban transactions with ByteDance and WeChat in 45 days
#99Are we witnessing the end of free markets? Or the growth of decentralization? These sorts of moves are making a very strong case for decentralized platforms.