The Power and Controversy of Discord: Insights on a Rapidly Growing Communication Platform
Discord: A rapidly growing communication platform with immense value to users, linked to Capitol attack and controlled by Chinese company.
00:00:00 Discord, the free communication app, has become a multi-billion dollar company without ads or selling user data. Its rapid expansion and leverage over users and society have contributed to its value. The app was linked to the 2021 Capitol attack, revealing its power. The company's origins trace back to a previous venture by the founder, Jason Citron, which involved mishandling user data and selling personal information.
💰 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.
00:03:30 Discord is a rapidly growing instant messaging platform that provides immense value to its users for free. Its business model relies on investments rather than subscriptions, making it a billion-dollar company. With 150 million active monthly users, Discord is set to become a juggernaut in the industry.
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.
00:07:00 Discord, a popular communication platform, faced a significant offer from Microsoft but surprisingly turned it down. The company has generated millions in revenue from investors, including Tencent, a Chinese company with ties to the CCP. Tencent now holds majority control of Discord, raising concerns about privacy and data security.
💼 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.
00:10:31 Discord is a social media platform that collects and shares user data without transparency. It stores personal information, tracks user activity, and lacks end-to-end encryption, making it vulnerable to hacking. Despite not being profitable, Discord has rejected acquisition offers while Tencent, its major shareholder, continues to invest, indicating an interest in acquiring user data.
📌 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.
00:13:59 The video discusses how Tencent, a Chinese company, is involved in global surveillance and its connection to the CCP's ambitions. It highlights Tencent's investments in social media companies and games, including Discord. The Chinese government's history of hacking foreign companies is also mentioned.
🔍 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.
00:17:28 China's systematic long-term strategy to dominate the world and influence global events using data and ruthless actions. Western companies fuel China's rise, while social media sites and addictive games are blocked in China to prevent data collection on the Chinese population. Discord's value lies in its majority shareholder, Tencent, allowing CCP surveillance. Discord was revealed to be the main platform behind the January 6 riots, showcasing the vast amount of data collected and shared on the platform.
🌍 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.
00:20:57 Discord's exponential growth enables China to gather immense amounts of data, allowing them to predict events and control the global population. China's leverage and control pose a threat to global stability.
🔑 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.
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