The Power and Controversy of Discord: Insights on a Rapidly Growing Communication Platform

💰 Discord is a free communication app that has rapidly grown to become worth over seven billion dollars without selling user data or displaying ads.

📈 In just six years, Discord has gained over 350 million users, giving it significant leverage in the social media industry.

🔗 Discord's true power was revealed during the 2020 presidential election protest, where it was discovered to have played a major role in the event. This incident uncovered how Discord makes money and its potential for future growth.

Discord, a communication service centered around the gaming industry, was founded by Jason in 2015.

Despite initial challenges, such as voice functionality issues, Discord gained popularity for its user-friendly features and apparent security.

Discord's business model relies on growing its user base and attracting investments, with the aim of eventually selling the company for a profit.

💼 Discord's founder turned down a $12 billion offer from Microsoft, despite the company generating $500 million in 2020.

🇨🇳 Tencent, a Chinese company with ties to the government, now controls the majority of Discord.

🔒 Concerns arise over Discord's privacy and data practices, as well as its sources of revenue.

📌 Discord shares user information with vendors and advertising platforms to reach more users and measure ad performance.

🔒 Discord stores user data, including personal information, even after the account is deleted and lacks end-to-end encryption.

🌐 Discord's major shareholder, Tencent, raises concerns about data privacy and its potential connection to the Chinese government.

🔍 Tencent is a global surveillance system that acquires data to increase its power.

🌍 Chinese intelligence agencies have a history of hacking foreign companies and stealing sensitive information.

💰 Tencent's investments in social media companies grant immense value to both the company and the Chinese Communist Party (CCP).

🌐 China mines Western data to strengthen its government agencies and improve international propaganda efforts.

🌍 China has a long-term strategy to dominate the world and is using its authoritarian capitalist model to succeed where the West fails.

💰 China uses data harvesting and coercion to influence global events for profit, and major Western companies have willingly complied with Chinese demands.

📡 Discord, as a messaging platform, has become a significant source of data for the CCP, as evidenced by its role in the January 6 riots.

🔑 Discord's data storage and monitoring by the Chinese government raises concerns about the government's access to sensitive information, which can be used to its advantage.

💡 China's control over global events and populations is increasing as Discord's growth provides Tencent with valuable data.

💰 The global fintech market is growing rapidly, offering investment opportunities, such as Masterworks, which allows individuals to invest in multi-million dollar artworks.