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RE: Could Universal Basic Income in America Boost Global Interest in Cryptocurrencies?

Oh, I see. Thank you for clearing up this misunderstanding. I can well understand your thought process of the local, I have it myself very often and basically live with a part of my existence according to it. But I would go further and say that one does not have to exclude the other. You point out the big issues and indeed, no government can ignore them, because without global cooperation we cannot achieve nuclear phase-out or any other climate goal. But locality only makes sense if part of the supply chain is provided by local units. For example, the question of Perma cultures in urban environments and in areas of single-family houses, where gardens could be reused and edible crops cultivated. Or the question of using products by repairing them and extending their lifespan. But since we live in a completely externally supplied society, this is an undertaking where you first have to free capacities, i.e. make the shortening of working hours possible and abolish full employment, because only in this way can energy be released for a different lifestyle. Niko Paech, a German economist, advocates a subsidiarity economy, he calls it the "post-growth economy". All this will take time as we are still in the cause-effect loop of the industrial age. One half wants to get out with one leg, the other half has only just started, to put it simply.

In my opinion and view of the world I would say that we suffer from exuberance, not from a lack of prosperity.

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