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298 points elorant | 1 comments | | HN request time: 0.261s | source
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onlyrealcuzzo ◴[] No.21573825[source]
From a fraud perspective, it would be extremely cheap to fake downloads.

Since Chinese companies aren't audited the same way US companies are, yet they can still list on exchanges, having some outside "probable" growth metric gives more credibility to their internal numbers.

I'm not saying it's all fake. I'm just saying it wouldn't take very much resources to fake this, and ByteDance has the resources, and we don't really audit them, so I'd gladly miss out on this growth opportunity, but that's just me.

replies(2): >>21574145 #>>21578500 #
1. president ◴[] No.21578500[source]
It is almost hard to trust CCP entities given their track record. Businesses in China do not conform to audits like Dodd-Frank [1] making it extremely hard to verify any data coming from within Chinese borders. Just last week, researchers found that CCP-supplied organ donor data had a near-perfect match with organ transplant data [2] suggesting that CCP has been doctoring the data. Just look at the graph of the data [3], which shows anomalous near-perfect match of a quadratic function.

[1] https://en.wikipedia.org/wiki/Dodd%E2%80%93Frank_Wall_Street...

[2] https://bmcmedethics.biomedcentral.com/articles/10.1186/s129...

[3] https://bmcmedethics.biomedcentral.com/articles/10.1186/s129...