Let's talk about where everybody's fleeing to
so with a possible tik -tok ban imminent, right?
And obviously the government's saying hey, we
think you the chinese are stealing your data
Tik -tok refugees who are fleeing the tik -tok
app looking for the next place to land Found
their way here which you can see on the screen
now, which is a little app called xiao hong xiu
xiao hong xiu My understanding is that most of
the colloquial translations have actually been
correct. If I'm not mistaken here, and from the
stuff that I've been reading, Xiaohongshu actually
translates to Little Red Book. And anybody that
knows about the Maoist revolution in China knows
what the Little Red Book is. This is the thing.
Chat is confirming to me that the Little Translation
is indeed Little Red Book. Yeah. uh, which I've
downloaded to check it out. Basically what TikTok
refugees are saying is, Oh, you think China's
like surreptitiously covertly stealing our data.
I'm going to staple my social security number
to my forehead and walk into the Chinese spies
house. That's their solution. So they've all
signed into Xiao Hong Chu. Um, chat is bring
up and yes, um, the Interactions between the
Americans and the Chinese nationals who operate
in Xiaohongshu has been largely very positive
right now. Xiaohongshu is actually owned by the
Chinese Communist Party. TikTok is owned by ByteDance,
which is partially owned by the Chinese government,
but has outside investors to include a lot of
American hedge funds and things like that. This
is straight up just China. We're the government.
We own this app. Welcome to Xiao Hongxi. By the
way, I don't know if you've heard about this,
Jay. What American users were shocked to find
out when they got in there. Do you know who's
a folk hero on this app? Oh, please tell me is
it Sylvester Solone? No, it's Luigi. Luigi Mangione
is a folk hero on the Chinese social media app.
Yeah, one of our people in our chat has obviously
been following this like I have So Like Americans
helping Chinese kids with their English homework
Cats and dogs living together pure hysteria,
right? I I am greatly amused by this is the greatest
troll by the American people ever Oh, you're
worried about China stealing our data. We will
make the Little Red Book the number one app in
social media on the App Store for days. It's
been number one. Oh, we got more Luigi. There
we go. For those of us who who understand Mandarin,
the entire app is in Mandarin. Yes, people have
been trying to learn Mandarin and there are people
on the app trying to teach people Mandarin. Did
you ever watch Firefly? Firefly, Firefly. Oh,
yeah. Yeah. Remember how they all spoke Chinese
in that show? Everyone is like, we're now in
the this is how we get to the Firefly timeline.
Right. This is the great, great alliance that
creates the brown coats. This is how we all end
up speaking Chinese is that they ban TikTok.
Oh, my God. And then when we go to space, we're
aligned with the Chinese to create the Brown
Coats. And that's what's going on. That's the
best meme I have seen this. Oh, my God. Yeah.
Chad stated they're translated to typical TikTok
slang in the Chinese for people to use on the
app. Somebody else did point out there's a rumor
that Xiao Hong Xu's ownership is going to try
and start separating out the American side and
the Chinese side by IP. I mean, one of the reasons
for this is supposedly a lot of LGBTQ people
kind of got over there and immediately banned.
Yeah. Right. It's the Chinese government. It's
like, no, we don't we don't do that here. Yep.
So there's a lot of discussion about them trying
to separate it out. Lemonade, which is the other
app that. ByteDance owns here, has also been
seeing an uptick. It's also the one that you
can basically just transfer your TikTok over
to right now. Nobody's really sure if it's caught
up in the ban. As of today, the Biden administration
said, look, we're out on the 19th. We're not
going to enforce this thing. We don't give a
shit. For ByteDance's piece, they've said, if
we don't get a resolution, we're just going to
go dark. Where it's not even gonna be like because
before they were like, well, you could still
use the app It's just gonna continuously degrade
because you can't update it, right? By dances
saying no, no, no, we're just shutting off the
servers We will redirect you to our website and
tell you why you can't play with to talk anymore
I mean DPN though to know so it's like worldwide
like I This is, again, very unclear. ByteDance
is saying they're going dark. Now. They've now
been offered two offers, one from a group that
includes Mr. Terrific from Shark Tank and the
dude who started Project Liberty, which is where
True Social came from. They've offered ByteDance
twenty billion dollars. Oh, Mr. Beast came out
yesterday. Oh, shit. And said, I got a group
of billionaires. I'm making an offer. Right.
Here's the thing. And I did this on my tick tock
yesterday. And I'm going to repeat what what
I put on my tick tock and what many, many people
on tick tock agreed with me about. You have to
do it while you're dancing. Right. But. But anyway.
Here's what I said about this specifically. Because
the guys the mr. Terrific group mr. Beach group
to like we just want tick -tock America We think
it's worth about 20 billion It's without the
algorithm It's not worth a fucking thing without
the algorithm. It's worth nothing Zero bupkis
nothing. I don't know. I think at least a dollar
Alex. I you know, I'd give them a dollar Here's
why. And we are on YouTube and Twitch right now,
right? With like nine viewers. And I'm going
to add TikTok lives probably next week, right?
I have never seen an application that allows
you to build an audience, build a network faster
than TikTok, right? We average... in the dozens
of views on our YouTube videos. I did a TikTok
last night that got 1 ,100 in eight hours. And
that wasn't one of my best performing ones. Okay?
I had an hour and 47 minutes of watch time in
the first 20 minutes that the video went up.
And by the way, it's a two -minute video. Okay?
The algorithm is what makes TikTok, TikTok. It
spreads you so far, right? So fast because of
how the algorithm steers not only your content
to people, but people to your content. It is
the ultimate automatic matching system. TikTok
will figure out what you like and it will steer
you to that content. Then TikTok will figure
out the people who like that type of content
and they will steer you to you. Right? Without
whatever bite and bite dance, what they're saying
is, is we can't sell it without the algorithm
and the algorithm is national IP. That's what
the Chinese are fighting about. Okay. This is
about power. The US government decided to play
chicken with bite dance and bite dance is not
going to swerve. They don't care. They don't
give a shit. And again, you have to kind of understand
the Chinese policy here. This is a step. They
don't give a shit. They do not care. Shutting
down TikTok in America is going to affect ByteDance
and the Chinese government for all of eight minutes.
That's it. It's going to be a horrible eight
minutes of hell, though. And then they will dust
themselves off and come out with the next thing
Okay It's not it's not worth anything without
the algorithm the Chinese are never ever gonna
sell that algorithm, and I don't know what black
magic they used Okay, we have what 406 YouTube
subscribers Right about 300 something twitch
followers of which we thank all of you. I've
got about three, four thousand on TikTok. I have
ten times the followers on TikTok that I do on
either YouTube or Twitch. Well, why? Why are
we not on TikTok, Alex? Because integrating their
stuff with the stream is a lot harder. Right.
I love YouTube and I like Twitch and each of
the platforms has their place. But when it comes
to TikTok, it's the fucking algorithm. Right.
You will find your people really fast on TikTok.
Right? And if you create content, the people
that are going to like your content are going
to get fed your content. Right? Interesting.
That's why TikTok shop works. That's why everything
works is because of how that outlet of them works.
This is why, again, I think MrBeast's thing is
a publicity stunt. Because I don't think he's
been in the news recently and I think people
starting to get sick of his shtick Right, yeah
Mr. Terrific and true social guy are fucking
Trump ring kissers. So You know, mr. Terrific
who's Canadian by descent. He's like, yeah, Canada
51st state. Let's go By Greenland, let's buy
us tick -tock and here's the other thing You're
gonna buy us tick -tock. I Don't know what that
means It's not worth anything if you don't have
the global network You don't have us Elon didn't
buy us Twitter. No, he bought Twitter and It
includes everybody on Twitter all the world over.
I don't know how you do you do you buy us tick
-tock? by that user base and then change the
app name to tick -tock USA Like What And you're
claiming it's only where Elon paid 44 billion
for Twitter. Actually, this will get back into
your stonks thing. Right. Elon paid 44 billion
for Twitter. Correct. I will allow it. Yes. OK.
They're saying 20 billion for U .S. TikTok without
the algorithm. Putting aside what I said. When
you look at TikTok compared to Twitter. 170 million
Americans spend an average of one hour a day
on TikTok. That's the metric. Do you really think
it's worth only 20 billion dollars? from an investor
point of view, which again, offering a free introductory
class to our whatever. Um, no, do not. I think
it's worth a lot more obviously. Um, Now somebody
pointed out that he paid 44 and the most recent
public valuation is 9 .4 for for Twitter now
X My point to them and the reason I say ticktocks
were shit without the algorithm is without the
algorithm I think the user experience on tick
-tock takes an immediate dive immediate immediate
dive Okay on the for you page, right and you
can just see how the for you page on Twitter
works, dude You compare my two for you pages
Twitter to tik -tok Right this is why this is
why Elon was all like can we spread some happy
messages? Because people are not wanting to spend
as much time on Twitter because it's fucking
angry Right and so are the other apps. This is
the miscalculation that meta made as well. They
thought by spending their money to lobby the
U .S. government to get rid of TikTok, they would
be eliminating a competitor and everybody would
come back to Instagram. Do you know what almost
every person I've seen who's been trying to like
shift a little bit over to Instagram Reels from
TikTok has said? Everybody on Reels is mean.
Instagram everybody's just an asshole. Do you
have a favorite social media app there, Jay?
What's your what's your favorite? I hate all
social media. I shouldn't say that as a Luddite.
Oh, no content creator, I guess. I so I don't
I don't I. I like I like Facebook just to keep
up with family and upload like. pictures every
now and then keeps us all together. I don't post
on Facebook ever. I. I like Twitter. I've recently
started getting into Twitter. I like Twitter
because there's a lot of. As you put it like
my people on Twitter, it's very easy to find.
That's true. Um, if you, yeah, if you're under
the age of 18, do not look up my Twitter at all.
Um, but, um, so I like that, but I'm not using
it as the social media platform. I'm using it
as like a, um, I don't know, educational, like,
I don't know, exploring phase and never super
like tick tock. I think mainly because when it
first came out, it was just really for like young
people dancing. And I was like, oh, it's so different
now. Yeah. It's kind of like when Fortnite first
came out, I hated Fortnite. I was like, why am
I building? I just want to like shoot people.
And then later when I heard that there was a
no build option for Fortnite, I went back and
I like I really enjoyed it. So yes, if I probably
went back today to tick tock, it would probably
be like, oh, cool. Like, I like this. I don't
know. I I'm a very, as you pointed out in the
pre show, I'm a very busy guy. I have a lot of
stuff going on. I try not to spend like a lot
of time on social media because you guys you
have to unplug at some point. You know, you got
to touch some grass. I don't know. That's my
that's my that's my two cents. Sorry. Yeah. All
right. Well, folks, let us know what you think
down in the comments below. That's kind of my
assessment before the Supreme Court comes out
tomorrow morning. I'll post this one on as a
separate thing on YouTube tonight. Again, these
TikTok offers are bullshit and ByteDance is never
going to take them. The only number ByteDance
is going to take is going to be something absolutely
shenanigans. You're going to have to come at
them with like Two hundred billion dollars and
they're gonna be like fine here. Take it. We
don't care, right? We'll take you to our billion
there Normal businessy offers That you're gonna
make to bite dance bite dance is going to just
look at you and go No, we don't care Right. So
take that for what it's worth that. That's that's
my final thought on that before we find out about
the band tomorrow