This is sad, we in the US are losing the little high ground we had and no longer lead by example to bring the world closer together by encouraging free markets and free people. I'm against this protectionist nationalism, it only leads to future conflict.
US to ban transactions with ByteDance and WeChat in 45 days
321–330 of 1001 posts
Re: US to ban transactions with ByteDance and WeChat in 45 days
#322Some 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…
"China can ban Boeing from China..." Not if they don't want an airline industry. China does not have the capacity to build a jet engine yet alone a commercial plane in service.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#323Some 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…
"China can ban Boeing from China..." Not if they don't want an airline industry. China does not have the capacity to build a jet engine yet alone a commercial plane in service.
b.) https://de.wikipedia.org/wiki/Commercial_Aircraft_Corporatio...
Re: US to ban transactions with ByteDance and WeChat in 45 days
#324Re: US to ban transactions with ByteDance and WeChat in 45 days
#325There is no point in playing a "fair" game if the player (China) won't follow the rules.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#326Re: US to ban transactions with ByteDance and WeChat in 45 days
#327Re: US to ban transactions with ByteDance and WeChat in 45 days
#328I don't get it. It's US companies standing to loose their stronghold (near monopoly) on social, advertisement, and other forms of monetizing the web if the US creates a precedent for "national security" in this way, as in "we're welcoming social networks and free speech as long as it benefits the US and can be searched without warrant." Quite predictably, governments all over the world will be pressurized to question…
This is, by all account, a shortsighted move
Re: US to ban transactions with ByteDance and WeChat in 45 days
#329What is his motivation for this right now? Is it just the distraction of the week or was there a specific incident recently that triggered this?
There’s likely a lot that is not and will never be covered in the news that the NSA and CIA know. I’m sure they look at our commentary on here, with 1% of the geopolitical information, and chuckle.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#330For WeChat, how much impact will this have on Americans? As an American, I tried signing up to communicate w/ someone in China, and I couldn't get through the verification process. Obviously TikTok has a big USA presence.
I signed up before there was a verification process. But my understanding is that you get vouched for by an existing account. Since you were signing up to communicate with someone, wouldn't that person have been a natural choice to verify you?