Tech and Money Power: Why Countries Are Worried

The Invisible Borders of Power

Countries are growing concerned about their autonomy, not due to physical borders, but because of the U.S.'s significant control over money and technology.

Recent Actions Spark Nervousness

• Venezuela: The U.S. took action against Venezuela.
• Greenland: The U.S. discussed taking over Greenland.

These moves have made other nations realize the U.S. can influence their financial systems and data.

The Importance of Money and Data

In today's world, money and data are crucial. Countries rely on American companies for:

• Cloud Computing: Amazon, Google, Microsoft
• Payments: Mastercard, Visa

The Shift Towards Independence

Europe is at the forefront of this change, aiming to:

• Reduce reliance on American technology
• Gain more control over their financial systems

This is part of a broader strategy to decrease dependence on the U.S. in areas like weapons and trade.

The Challenges Ahead

This transition is complex and requires:

• Significant effort
• Substantial investment

However, countries believe it is essential to:

• Protect their sovereignty
• Ensure the safety of their money and data