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I'm old, so maybe that's why I really can't see why we need or would want a text based "TikTok".

EamonnMR already mentioned here "Isn't Twitter tiktok for text already?"

I think he nailed it.

Which is funny because twitter bought and killed Vine which was well on its way to be Tiktok before Tiktok.

Remember when companies bought small start-ups to bolster innovation instead of faltering it?

That is funny!