US Senate has approved bill banning TikTok if owner ByteDance refuses to sell it

US Senate has approved bill banning TikTok if owner ByteDance refuses to sell it
https://www.aljazeera.com/economy/2024/4/24/us-senate-passes-bill-to-force-sale-of-tiktok-sending-it-to-biden

https://chainleft.art

Dad, data scientist, blockchain native artist.

Power consolidation=evil.

Commodore /cyc, Tokensoft dev, Boston DAO, /boston, prev Blogchain, Santa Clara U alum
https://jackdishman.com

There is no door for China into AMER citizens data. It's physically impossible. The data is stored & end-to-end encrypted in the data centers within US with firewalls for a 3rd party to access.

The only reason for this bill is the US government wanting the power to control the content on TikTok, as is today on others.

Biden said he'd sign the bill. I see both sides to this:

pro: gives China a door into american citizens lives and data harvesting
cons: censorship and will hurt small businesses / content creators

There's no clear cut winner out of this aside from Meta (which is practically a monopoly at this point)