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by mangix 2215 days ago
Makes sense. The fed's inflated the money supply quite a lot.
3 comments

Twitter and Snapchat are both “only” worth around $25B each

This isn’t just about a money printer.

Tiktok: 800 million monthly active users worldwide.

Twitter: 330 million monthly active users worldwide.

Snapchat: 360 million monthly active users worldwide.

Maybe TikTok should "only" be worth $50B?

So far in this discussion I've figures of 500 million, 800 million and 1.5 billion users for Tiktok. All staggering but rather large degree of variance
Are Twitter and Snapchat allowed behind the Great Firewall?

Honest question, I don't know

According to http://www.chinafirewalltest.com/ (not sure how legit it is), twitter.com is blocked and snapchat.com is allowed.
I wonder how many of these traders are Chinese nationals- makes me wonder if we're towards a future where it's not just American dollars, but also RMB, Gulf Arab petrodollars (as we're seeing from the Saudi investment in the Softbank Vision Fund), and just dumb cash coming in from every part of the world economy. Or maybe we're already there.
For reference: 15 years ago, M1 was less than 1 trillion dollars. Today it’s over 5.