A lot of your response assumes I was talking about local manufacturing - but I was specifically talking about poverty and its relation to the globalised economy

A lot of your response assumes I was talking about local manufacturing - but I was specifically talking about poverty and its relation to the globalised economy. Local manufacturing solves some things, not all things. But poverty is a result of innumerable things, of which manufacturing is only a small portion. There is an inherent arbitrage performed by developed economies through outsourcing, and Axie Infinity demonstrates that wonderfully. Obviously the story would never be “GameFi solves poverty in the USA” because it pays well below minimum wage in developed economies. Aside: There is no basis in humanity that foreign currencies are significantly lower in value than western currencies. It’s purely a result of historical economical forces resulting from colonisation.