2Local – Sustainability and Prosperity!

in blockchain •  5 years ago 

The transformation from power competition towards cooperative bonding.

Power competition.
There are currently poorly functioning economic and monetary systems in Western neoliberalism which are characterized by power. In the Western market economy, the advantage goes to the multinational companies, which are continuing to become very powerful while being attached to nothing.

Just a few elite companies and institutions in the world control trade, which occasionally makes unnecessary travels throughout the world, leading to pollution of the environment and climate. This is seen in the ever-growing care institutions and schools where personal contact disappears.

These multinational companies position themselves strategically by having branches all over the world where they will benefit from infrastructure, availability of resources and labor, etc. They also buy raw materials where it is cheap. Such elite companies do not invest in productive activities. Instead they purchase their shares and swallow up small upcoming and promising companies.

These multinational companies also attack the most important sector of our lives, the food sector. They tend to use their market power to drive down framer’ prices. Framers are driven to becoming cheaper and more industrial, ending up using more fertilizer, chemical pesticides, which end up polluting the environment.

Cooperative bonding.
2 Local plans to handle the issue of disproportionate power wielded by large companies by supporting the smaller companies, consumers, and individuals in their financial and economic transactions and decisions. This approach will give the groups mentioned above back control over their lives.

2local, the platform’s new cryptocurrency is going to be the local currency in the ecosystem while maintaining a worldwide connection the 2 Local ecosystem, and local activities are connected to the entire world while the participants benefit from the benefits of proximity, sustainable transport and better control options in short chains.

2local is going to eliminate the power of banks to exercise their monopoly position as they are no longer indispensable in society. The cryptocurrencies can be distributed outside the government or other agencies to help those who require them.

Innovative renewal.
The people should adjust the malfunctions of the malfunctioning economic and monetary systems, and 2 Local is encouraging us to conduct interdisciplinary research and tailor programs to the country and local level. There is the need to be careful in research and innovation with regards to application to avoid extreme pollution. We should assess technologies that are contributing to the betterment of our economy and those that do not.

This is where 2 Local comes in with the powerful blockchain technology, which is maintained by a distributed network of computers all around the world. In the blockchain, there is no central power but complete transparency instead. With simple means, we have the power to use this technology to make a major transition to the prosperity of everyone to avoid ending up in all the calamities I have mentioned earlier. The 2 Local projects will bring 2local cryptocurrency to sustainable companies.

CONCLUSION.

2 Local will take power away from the few elites and rich companies, institutions, and individuals and give it back to its rightful owners, the people. Finally, a solution to fix the world at its most crucial points.

The official resources of the project 2Local:
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🔗 WEBSITE: https://2local.io/
🔗 TELEGRAM: https://t.me/Group_2local
🔗 WHITEPAPER: https://2local.io/docs/Whitepaper.pdf
🔗 BITCOINTALK: https://bitcointalk.org/index.php?topic=5182812.0
🔗 FACEBOOK: https://www.facebook.com/2local-2297961593816000
🔗 TWITTER: https://twitter.com/2local1
🔗 MEDIUM: https://medium.com/@2local
🔗 REDDIT: https://www.reddit.com/user/2local/
🔗 LINKEDIN: https://www.linkedin.com/company/2local
🔗 INSTAGRAM: https://www.instagram.com/2local_1/
🔗 YOUTUBE: https://www.youtube.com/channel/UCAtpMQjkt1d72X8Tv8D8bsQ

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★ Author: Ann Bridget
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=2689326
★ Images credited to 2local WEBSITE

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