Highlights
The ban decision made by United States President Joe Biden on video sharing platform TikTok, appears to have stirred some animosity from top players like Robert F. Kennedy Jr (RFK).
Independent US Presidential candidate Robert F. Kennedy Jr. has threatened to contest the TikTok ban based on constitutional rights.
On Saturday, the pro-Bitcoin politician explained to his followers on X that the ban was not exactly what they were made to believe; the harvesting of users’ data.
RFK further described the ban as a “smoke screen.”
For context, RFK explained that data harvesting was already happening globally before now especially amongst intelligence agencies in the U.S. In his opinion, Congress and the Biden administration do not have enough information about how TikTok operates.
The video sharing app has been serving as an entrepreneurial platform for many of its young users but according to RFK’s argument it appears that the government does not understand this.
“The TikTok ban is yet another example of how neither political party has any compunctions about sacrificing your freedoms, rights, and choices when it serves their political interests,” the politician said.
Meanwhile, the potential TikTok ban was announced on Thursday after President Biden signed a law that compels TikTok owner ByteDance, a Chinese corporation, to sell its interest on TikTok within 12 months of the signature. A violation of the law would attract a ban from the U.S. government. The parent company ByteDance was also given nine months to find a buyer for TikTok.
In response, the social media platform released a statement explaining the impact that the ban could have on several businesses. For emphasis, TikTok stated that the ban would impact as much as 7 million businesses and 170 million American users by keeping them from freely expressing themselves. TikTok CEO, Shou Zi Chew, expressed his dissatisfaction, and voiced his commitment to fight the ban.
The new bill was signed after the United States House of Representatives voted in favour of the legislation a few days before. The legislation received 360 Yes in its favour and 58 No against it.
Grayscale has received approval from the New York Stock Exchange to launch new Dogecoin and…
The Federal Reserve heads into its December meeting with a whopper of a data gap…
Bitcoin plunged to a six-month low on Friday after a sharp two-month decline pushed the…
The MSCI is currently consulting on whether they should consider BTC, ETH, and SOL treasury…
Crypto off-ramps are making it easier for anyone to use their crypto for their day-to-day…
As a way of rapidly growing into the decentralized trading space, Coinbase has declared a…