Parent Company Impact(ByteDance): If TikTok disappears, ByteDance Is like A little boy who studied for an exam only to find out the test got canceled, and he wasted his time.
Evaluation tanks are directly proportional or equal to the average of users being money. This action can shake investors into pulling out of other speculative assets like bitcoin or Ethereum.
I guess you can relate it to the dominoes effect, Where one big fall is all that is needed to scramble everything.
A TikTok ban signals alarming Geo political tension, and by that, I mean China and US drama😂. That would make investors nervous, which could make them dump high-risk-assets in order to sustain and curb losses . And the first thing they’d consider is Crypto
On the bright side of things, investors would escape government targeted centralized platforms like TikTok and look into decentralized options. Blockchain based social media plus Web3 apps could immediately become the cool kids at a fraternity party.
The liquidity flow would be minimum since less ad revenue for ByteDance equals less reinvestment, global markets could potentially freeze since the whales might tighten their wallets, affecting crypto liquidity and trading volume. After all, nobody likes a stingy whale.
In conclusion, TikTok getting banned might seem like a story or a bad day on the news, but the depth of the root this app has had, keeps us interconnected.
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