The Westernet vs the Chinanet
London Real
Brian Rose
4.4 • 1.9K Ratings
🗓️ 31 December 2021
⏱️ 7 minutes
🧾️ Download transcript
Summary
These 2 nets revolve around different currencies, locations and even languages, Michael Saylor breaks this down.
You can watch the full episode with Michael Saylor here 👉 londonreal.tv/saylor
Transcript
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| 0:00.0 | Oh, no, let's finish on China because that's a huge wild card. |
| 0:04.6 | What happens there in the next 20 years? |
| 0:07.1 | There's a Western net and there's a China net. |
| 0:11.6 | The Western net is Western Europe and the United States and the free world and it revolves |
| 0:16.6 | around the US dollar, the English language, Western law, you know, and Western technology. |
| 0:28.0 | It is dominated by Google and Facebook and Twitter and Apple and the US Supreme Court and English and Amazon. |
| 0:40.9 | And that's been getting stronger for the past 20 years. |
| 0:45.2 | In fact, that's, I mean, it started to form with the internet and it's got stronger and stronger. |
| 0:49.6 | And then there's a great wall of China and behind the great wall of China, they blocked Twitter. |
| 0:55.4 | They blocked Facebook. |
| 0:56.8 | They blocked Google. |
| 0:59.0 | Apple, they have a lot of hate relationship with. |
| 1:02.7 | But they blocked most of the other thing and they have their own Weibo and WeChat and Alibaba and Alipay. |
| 1:09.5 | They don't want Google Pay. |
| 1:10.8 | They don't want Apple Pay, right? |
| 1:13.3 | And they have the CNY, the RMB and they have the Chinese language and they have Chinese law and they have the Chinese culture. |
| 1:21.7 | So there's the China sphere of influence. |
| 1:24.8 | There's the Western sphere of influence. |
| 1:28.2 | That has been that way for quite a while, more than a decade, probably 20 years, it's been getting stronger and stronger. |
| 1:36.5 | It was always that way. |
| 1:38.8 | But it became visible to us after the internet revolution because you saw the VPNs and the firewalls and the like, right? |
| 1:47.1 | There is a control flow of information. |
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