“We need a beete dance and a clean break from China,” says Lead Lasner, Wyoming-based wealth manager.
In any transaction, the devil is in detail. And the same goes for getting Tiktok.
The US government, both in the Biden and Trump administrations, is concerned about the Chinese-based parent company, Baitedan, which is video platform, and is susceptible to Chinese Communist Party control and has called for a change in ownership.
According to Wyoming entrepreneur Lead Lasner, when purchasing Tiktok, which includes around 2 billion users, including an estimated 170 million Americans, the key is the algorithm. He offered a nearly $50 billion bite dance.
“Without an algorithm, Tiktok would not exist, it’s not the same. It requires an algorithm. He told the Epoch Times in an interview on February 25th.
After all, Rasner said, “Without the algorithm, we can’t replicate what they did.” Another Chinese company can also accept it and create new apps that pose the same threat to US national security and user safety. China can continue to access data and minify to affect users.
Rasner said the application includes the ability to keep the child safe if his offer is accepted by the ordinance and China.
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He said he spoke to a family member who said he was negatively affected by Tiktok, and that he promised a “exciting addition” to the platform if the transaction was completed. Rasner declined to elaborate on the changes, but said there was more information “in the coming days.”
Parental consent becomes a feature of the revised application. Buck stops with his parents, Lasner said.
“I think parents need to be parents,” he said. “And, if parents want, they can say that the platform has a place for kids, but it’s not the same platform as the kids that exist today,” he said.
He said the Tiktok, which is now operating, is a “true national security threat.”
Tiktok supporters retorted, saying the platform helped small businesses. Tiktok is running a barrage of advertising that includes testimonies from small businesses that say the application is the key to success.
“I used Tiktok to talk to hundreds of people in the business last week. This is their small business. This is how they make money and this is how they sell,” Rasner said.
He said that if he wins Tiktok, he respects not only user data but also freedom of speech.
Alongside the group of investors, wealth manager Rasner provided $474.5 billion to acquire Tiktok. He said it was a “fair” and “strong” offer.
Rasner refused to say how Baytedan responded to the offer, citing his lawyer as being in consultation with the company and Chinese officials.
The deadline for obtaining the platform is April 5th.
The law assembly, which passed last year to ban Tiktok on January 19, when President Donald Trump took office, passed last year, but Trump has extended the deadline for selling Tiktok for another 75 days on the day he was sworn in.
If Rasner’s deal is accepted, Tiktok will be headquartered in Wyoming.
“We’re creating a technical footprint for Mountain West,” he said. “We power here Tiktok, a server, data storage facility with incredible clean, abundant energy in Wyoming: liquid natural gas.
“Our new nuclear development that’s going on is Wyoming’s clean coal. We intend to complement the entire Mountain West economy and the entire US economy by bringing it home. And it’s really special. We’re going to create a new technological frontier for Mountain West.”
