Ethereum (ETHUSD)

[Sonnyusa]

Us vs them…

When it comes to regulating technology companies, Lee said China is much more “action-orientated” than the U.S.

“The way the U.S. deals with large internet companies is to go through congressional hearings, judicial appeal, and antitrust and justice department,” he said.

“It takes a long time and usually no action. China is much more action orientated,” he said, adding that Americans aren’t used to the speed.

“Fast decisions, if made correctly, will force these companies to reform and give a chance to smaller companies, which we invest in, to have a chance, creating a healthier ecosystem,” Lee said.