Whatsup with WhatsApp?
It's not their job to see. It is their job to make the rich into the very rich, and to smear the poor with a cloud of academic bullcrap. This cloud of bull is spewed upon the masses in the hope that it will cover up the screwjob being worked over on the masses right now. Again, anyone with common sense knows this is how money and power works and has worked for a very long time. I'm not really covering any new ground here.
What is really interesting is when the free market offers one of those rare glimpses into the motivations of the very wealthy. What I am arguing is that the market's valuation of WhatsApp is one of these rare glimpses.
Again, anyone with common sense knows that a messaging app can never generate enough revenue to justify that kind of market value. You just cannot generate that kind of revenue from messaging, not even if everyone on the planet used the app. There is no way people would tolerate the absurd intrusions required in order to generate revenue. Would you use an IM app if a video advertisement popped up and you had to watch or click through it just to read your IM? Hell no, or not for long anyway. Someone you know would find a free alternative, of which there are already many. And then they would get you to download it. And quite rapidly that would be the end of $19 billion in market value.
Rest assured, the people who decided WhatsApp was worth $19 billion know damn well everything I just said. They know the IP of a messaging app isnt and cannot possibly ever be worth $19 billion.
So what is worth $19 billion? The answer is very simple, and extremely obvious:
Your data. Your messages. Everything you say. So they can use it against you.
I always knew that the communications data of the masses, the plebs, was worth a great deal to them. This is one of those moments where the market truly illustrates just how much these people want to know what the masses are thinking. It shows that they know what they are doing. It shows they know that their monetary and fiscal policies are utterly wrecking the poor and middle classes. It shows that they know they are in fact robbing the hell out of the poor to pay for their toys. Look at the stocks charts of rich man toy companies like TSLA, and compare that to flatlined employment charts going back 15 years.
Lord yes, they know that people are eventually going to wake up and get mad. So much so that they are willing to spend $19 billion just to get a glimpse of what the masses are thinking. Who does that? Who cares that much? The guilty. That's who.