WEBVTT

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Let's talk about where everybody's fleeing to

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so with a possible tik -tok ban imminent, right?

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And obviously the government's saying hey, we

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think you the chinese are stealing your data

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Tik -tok refugees who are fleeing the tik -tok

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app looking for the next place to land Found

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their way here which you can see on the screen

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now, which is a little app called xiao hong xiu

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xiao hong xiu My understanding is that most of

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the colloquial translations have actually been

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correct. If I'm not mistaken here, and from the

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stuff that I've been reading, Xiaohongshu actually

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translates to Little Red Book. And anybody that

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knows about the Maoist revolution in China knows

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what the Little Red Book is. This is the thing.

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Chat is confirming to me that the Little Translation

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is indeed Little Red Book. Yeah. uh, which I've

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downloaded to check it out. Basically what TikTok

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refugees are saying is, Oh, you think China's

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like surreptitiously covertly stealing our data.

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I'm going to staple my social security number

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to my forehead and walk into the Chinese spies

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house. That's their solution. So they've all

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signed into Xiao Hong Chu. Um, chat is bring

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up and yes, um, the Interactions between the

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Americans and the Chinese nationals who operate

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in Xiaohongshu has been largely very positive

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right now. Xiaohongshu is actually owned by the

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Chinese Communist Party. TikTok is owned by ByteDance,

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which is partially owned by the Chinese government,

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but has outside investors to include a lot of

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American hedge funds and things like that. This

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is straight up just China. We're the government.

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We own this app. Welcome to Xiao Hongxi. By the

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way, I don't know if you've heard about this,

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Jay. What American users were shocked to find

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out when they got in there. Do you know who's

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a folk hero on this app? Oh, please tell me is

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it Sylvester Solone? No, it's Luigi. Luigi Mangione

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is a folk hero on the Chinese social media app.

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Yeah, one of our people in our chat has obviously

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been following this like I have So Like Americans

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helping Chinese kids with their English homework

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Cats and dogs living together pure hysteria,

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right? I I am greatly amused by this is the greatest

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troll by the American people ever Oh, you're

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worried about China stealing our data. We will

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make the Little Red Book the number one app in

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social media on the App Store for days. It's

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been number one. Oh, we got more Luigi. There

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we go. For those of us who who understand Mandarin,

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the entire app is in Mandarin. Yes, people have

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been trying to learn Mandarin and there are people

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on the app trying to teach people Mandarin. Did

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you ever watch Firefly? Firefly, Firefly. Oh,

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yeah. Yeah. Remember how they all spoke Chinese

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in that show? Everyone is like, we're now in

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the this is how we get to the Firefly timeline.

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Right. This is the great, great alliance that

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creates the brown coats. This is how we all end

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up speaking Chinese is that they ban TikTok.

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Oh, my God. And then when we go to space, we're

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aligned with the Chinese to create the Brown

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Coats. And that's what's going on. That's the

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best meme I have seen this. Oh, my God. Yeah.

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Chad stated they're translated to typical TikTok

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slang in the Chinese for people to use on the

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app. Somebody else did point out there's a rumor

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that Xiao Hong Xu's ownership is going to try

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and start separating out the American side and

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the Chinese side by IP. I mean, one of the reasons

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for this is supposedly a lot of LGBTQ people

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kind of got over there and immediately banned.

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Yeah. Right. It's the Chinese government. It's

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like, no, we don't we don't do that here. Yep.

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So there's a lot of discussion about them trying

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to separate it out. Lemonade, which is the other

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app that. ByteDance owns here, has also been

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seeing an uptick. It's also the one that you

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can basically just transfer your TikTok over

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to right now. Nobody's really sure if it's caught

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up in the ban. As of today, the Biden administration

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said, look, we're out on the 19th. We're not

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going to enforce this thing. We don't give a

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shit. For ByteDance's piece, they've said, if

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we don't get a resolution, we're just going to

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go dark. Where it's not even gonna be like because

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before they were like, well, you could still

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use the app It's just gonna continuously degrade

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because you can't update it, right? By dances

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saying no, no, no, we're just shutting off the

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servers We will redirect you to our website and

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tell you why you can't play with to talk anymore

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I mean DPN though to know so it's like worldwide

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like I This is, again, very unclear. ByteDance

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is saying they're going dark. Now. They've now

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been offered two offers, one from a group that

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includes Mr. Terrific from Shark Tank and the

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dude who started Project Liberty, which is where

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True Social came from. They've offered ByteDance

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twenty billion dollars. Oh, Mr. Beast came out

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yesterday. Oh, shit. And said, I got a group

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of billionaires. I'm making an offer. Right.

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Here's the thing. And I did this on my tick tock

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yesterday. And I'm going to repeat what what

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I put on my tick tock and what many, many people

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on tick tock agreed with me about. You have to

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do it while you're dancing. Right. But. But anyway.

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Here's what I said about this specifically. Because

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the guys the mr. Terrific group mr. Beach group

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to like we just want tick -tock America We think

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it's worth about 20 billion It's without the

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algorithm It's not worth a fucking thing without

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the algorithm. It's worth nothing Zero bupkis

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nothing. I don't know. I think at least a dollar

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Alex. I you know, I'd give them a dollar Here's

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why. And we are on YouTube and Twitch right now,

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right? With like nine viewers. And I'm going

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to add TikTok lives probably next week, right?

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I have never seen an application that allows

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you to build an audience, build a network faster

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than TikTok, right? We average... in the dozens

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of views on our YouTube videos. I did a TikTok

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last night that got 1 ,100 in eight hours. And

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that wasn't one of my best performing ones. Okay?

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I had an hour and 47 minutes of watch time in

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the first 20 minutes that the video went up.

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And by the way, it's a two -minute video. Okay?

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The algorithm is what makes TikTok, TikTok. It

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spreads you so far, right? So fast because of

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how the algorithm steers not only your content

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to people, but people to your content. It is

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the ultimate automatic matching system. TikTok

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will figure out what you like and it will steer

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you to that content. Then TikTok will figure

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out the people who like that type of content

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and they will steer you to you. Right? Without

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whatever bite and bite dance, what they're saying

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is, is we can't sell it without the algorithm

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and the algorithm is national IP. That's what

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the Chinese are fighting about. Okay. This is

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about power. The US government decided to play

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chicken with bite dance and bite dance is not

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going to swerve. They don't care. They don't

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give a shit. And again, you have to kind of understand

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the Chinese policy here. This is a step. They

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don't give a shit. They do not care. Shutting

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down TikTok in America is going to affect ByteDance

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and the Chinese government for all of eight minutes.

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That's it. It's going to be a horrible eight

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minutes of hell, though. And then they will dust

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themselves off and come out with the next thing

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Okay It's not it's not worth anything without

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the algorithm the Chinese are never ever gonna

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sell that algorithm, and I don't know what black

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magic they used Okay, we have what 406 YouTube

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subscribers Right about 300 something twitch

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followers of which we thank all of you. I've

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got about three, four thousand on TikTok. I have

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ten times the followers on TikTok that I do on

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either YouTube or Twitch. Well, why? Why are

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we not on TikTok, Alex? Because integrating their

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stuff with the stream is a lot harder. Right.

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I love YouTube and I like Twitch and each of

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the platforms has their place. But when it comes

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to TikTok, it's the fucking algorithm. Right.

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You will find your people really fast on TikTok.

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Right? And if you create content, the people

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that are going to like your content are going

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to get fed your content. Right? Interesting.

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That's why TikTok shop works. That's why everything

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works is because of how that outlet of them works.

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This is why, again, I think MrBeast's thing is

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a publicity stunt. Because I don't think he's

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been in the news recently and I think people

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starting to get sick of his shtick Right, yeah

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Mr. Terrific and true social guy are fucking

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Trump ring kissers. So You know, mr. Terrific

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who's Canadian by descent. He's like, yeah, Canada

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51st state. Let's go By Greenland, let's buy

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us tick -tock and here's the other thing You're

00:10:54.289 --> 00:10:57.929
gonna buy us tick -tock. I Don't know what that

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means It's not worth anything if you don't have

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the global network You don't have us Elon didn't

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buy us Twitter. No, he bought Twitter and It

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includes everybody on Twitter all the world over.

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I don't know how you do you do you buy us tick

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-tock? by that user base and then change the

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app name to tick -tock USA Like What And you're

00:11:30.429 --> 00:11:33.389
claiming it's only where Elon paid 44 billion

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for Twitter. Actually, this will get back into

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your stonks thing. Right. Elon paid 44 billion

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for Twitter. Correct. I will allow it. Yes. OK.

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They're saying 20 billion for U .S. TikTok without

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the algorithm. Putting aside what I said. When

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you look at TikTok compared to Twitter. 170 million

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Americans spend an average of one hour a day

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on TikTok. That's the metric. Do you really think

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it's worth only 20 billion dollars? from an investor

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point of view, which again, offering a free introductory

00:12:34.200 --> 00:12:46.899
class to our whatever. Um, no, do not. I think

00:12:46.899 --> 00:12:52.299
it's worth a lot more obviously. Um, Now somebody

00:12:52.299 --> 00:12:55.539
pointed out that he paid 44 and the most recent

00:12:55.539 --> 00:12:58.120
public valuation is 9 .4 for for Twitter now

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X My point to them and the reason I say ticktocks

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were shit without the algorithm is without the

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algorithm I think the user experience on tick

00:13:07.379 --> 00:13:12.240
-tock takes an immediate dive immediate immediate

00:13:12.240 --> 00:13:16.440
dive Okay on the for you page, right and you

00:13:16.440 --> 00:13:17.980
can just see how the for you page on Twitter

00:13:17.980 --> 00:13:22.649
works, dude You compare my two for you pages

00:13:22.649 --> 00:13:27.730
Twitter to tik -tok Right this is why this is

00:13:27.730 --> 00:13:29.950
why Elon was all like can we spread some happy

00:13:29.950 --> 00:13:32.710
messages? Because people are not wanting to spend

00:13:32.710 --> 00:13:35.350
as much time on Twitter because it's fucking

00:13:35.350 --> 00:13:39.149
angry Right and so are the other apps. This is

00:13:39.149 --> 00:13:42.259
the miscalculation that meta made as well. They

00:13:42.259 --> 00:13:43.919
thought by spending their money to lobby the

00:13:43.919 --> 00:13:46.559
U .S. government to get rid of TikTok, they would

00:13:46.559 --> 00:13:47.779
be eliminating a competitor and everybody would

00:13:47.779 --> 00:13:49.860
come back to Instagram. Do you know what almost

00:13:49.860 --> 00:13:52.559
every person I've seen who's been trying to like

00:13:52.559 --> 00:13:54.519
shift a little bit over to Instagram Reels from

00:13:54.519 --> 00:13:58.240
TikTok has said? Everybody on Reels is mean.

00:14:01.519 --> 00:14:07.840
Instagram everybody's just an asshole. Do you

00:14:07.840 --> 00:14:09.700
have a favorite social media app there, Jay?

00:14:09.759 --> 00:14:13.360
What's your what's your favorite? I hate all

00:14:13.360 --> 00:14:19.659
social media. I shouldn't say that as a Luddite.

00:14:19.820 --> 00:14:24.940
Oh, no content creator, I guess. I so I don't

00:14:24.940 --> 00:14:34.139
I don't I. I like I like Facebook just to keep

00:14:34.139 --> 00:14:36.919
up with family and upload like. pictures every

00:14:36.919 --> 00:14:39.860
now and then keeps us all together. I don't post

00:14:39.860 --> 00:14:52.379
on Facebook ever. I. I like Twitter. I've recently

00:14:52.379 --> 00:14:54.919
started getting into Twitter. I like Twitter

00:14:54.919 --> 00:15:00.120
because there's a lot of. As you put it like

00:15:00.120 --> 00:15:03.980
my people on Twitter, it's very easy to find.

00:15:04.299 --> 00:15:08.919
That's true. Um, if you, yeah, if you're under

00:15:08.919 --> 00:15:11.399
the age of 18, do not look up my Twitter at all.

00:15:12.120 --> 00:15:18.700
Um, but, um, so I like that, but I'm not using

00:15:18.700 --> 00:15:21.259
it as the social media platform. I'm using it

00:15:21.259 --> 00:15:25.419
as like a, um, I don't know, educational, like,

00:15:25.580 --> 00:15:28.440
I don't know, exploring phase and never super

00:15:28.440 --> 00:15:31.679
like tick tock. I think mainly because when it

00:15:31.679 --> 00:15:33.460
first came out, it was just really for like young

00:15:33.460 --> 00:15:36.679
people dancing. And I was like, oh, it's so different

00:15:36.679 --> 00:15:41.279
now. Yeah. It's kind of like when Fortnite first

00:15:41.279 --> 00:15:44.179
came out, I hated Fortnite. I was like, why am

00:15:44.179 --> 00:15:46.559
I building? I just want to like shoot people.

00:15:47.500 --> 00:15:50.960
And then later when I heard that there was a

00:15:50.960 --> 00:15:54.080
no build option for Fortnite, I went back and

00:15:54.080 --> 00:15:56.919
I like I really enjoyed it. So yes, if I probably

00:15:56.919 --> 00:15:59.399
went back today to tick tock, it would probably

00:15:59.399 --> 00:16:03.259
be like, oh, cool. Like, I like this. I don't

00:16:03.259 --> 00:16:06.720
know. I I'm a very, as you pointed out in the

00:16:06.720 --> 00:16:08.620
pre show, I'm a very busy guy. I have a lot of

00:16:08.620 --> 00:16:12.360
stuff going on. I try not to spend like a lot

00:16:12.360 --> 00:16:15.200
of time on social media because you guys you

00:16:15.200 --> 00:16:17.500
have to unplug at some point. You know, you got

00:16:17.500 --> 00:16:22.399
to touch some grass. I don't know. That's my

00:16:22.399 --> 00:16:27.480
that's my that's my two cents. Sorry. Yeah. All

00:16:27.480 --> 00:16:29.000
right. Well, folks, let us know what you think

00:16:29.000 --> 00:16:31.259
down in the comments below. That's kind of my

00:16:31.259 --> 00:16:33.779
assessment before the Supreme Court comes out

00:16:33.779 --> 00:16:36.820
tomorrow morning. I'll post this one on as a

00:16:36.820 --> 00:16:41.259
separate thing on YouTube tonight. Again, these

00:16:41.259 --> 00:16:43.639
TikTok offers are bullshit and ByteDance is never

00:16:43.639 --> 00:16:48.080
going to take them. The only number ByteDance

00:16:48.080 --> 00:16:50.320
is going to take is going to be something absolutely

00:16:50.320 --> 00:16:52.440
shenanigans. You're going to have to come at

00:16:52.440 --> 00:16:55.929
them with like Two hundred billion dollars and

00:16:55.929 --> 00:16:57.570
they're gonna be like fine here. Take it. We

00:16:57.570 --> 00:17:00.110
don't care, right? We'll take you to our billion

00:17:00.110 --> 00:17:05.990
there Normal businessy offers That you're gonna

00:17:05.990 --> 00:17:09.109
make to bite dance bite dance is going to just

00:17:09.109 --> 00:17:15.289
look at you and go No, we don't care Right. So

00:17:15.289 --> 00:17:17.769
take that for what it's worth that. That's that's

00:17:17.769 --> 00:17:19.589
my final thought on that before we find out about

00:17:19.589 --> 00:17:20.450
the band tomorrow