Topic: A global currency may be powered by the blockchain - page 4. (Read 746 times)
If this ever come to pass then it's an absolutely good thing. I know the USA government and a lot of organization will want the global curreny to be the USD cause it's the world popular currency but I centralization if this happens. I believe with the involvement of Blockchain technology, there will be a lot of transparency, assessbility and accountability which every fiat currency lacks.
I've heard of this conspiracy and its accompanied with one world religion and one world leader.
I even thought that bitcoin is already the currency that conspiracy tackles. If a government controlled cryptocurrency will come out it needs to be supported by the biggest countries so it can be verified that its the one world currency that we're saying but if none exists, then probably bitcoin is that thing but its decentralized.
I even thought that bitcoin is already the currency that conspiracy tackles. If a government controlled cryptocurrency will come out it needs to be supported by the biggest countries so it can be verified that its the one world currency that we're saying but if none exists, then probably bitcoin is that thing but its decentralized.
I agree if the currency is powered by blockchain. it can reduce corruption and money laundering. because those who do it cannot hide their transaction history because all their transactions are recorded in the blockchain ledger. in this way, people will be afraid to commit corruption or money laundering.
I think that will not happen. Because one world uses the same currency, it shows that countries in the world have equal economies. That will not make the developed countries like the US and China accept, unfair for them.
are you watching too much sci-fi or fiction movies lately, lol, every crypto runs in blockchain, if it really gonna happen, internet use and a centralized exchanges should be established first, since crypto is internet-based and obviously, not everyone has an access on the digital world, for one currency are to be able to penetrate globally, it should be widely accepted and utilized first.
Bitcoin and other Crypto currency is growing rapidly and it is becoming well recognized around the world, even now some countries has used this for means of payments such purchasing and other transactions. It is a proof that Blockchain technology used by Bitcoin and Crypto currency well accepted as the system and potential offers by it.
However, it is quite difficult when two countries or more want to use same currency because they should be create rules to regulate the utility of that currency. It is obviously not easy to happen.
However, it is quite difficult when two countries or more want to use same currency because they should be create rules to regulate the utility of that currency. It is obviously not easy to happen.
I think, cryptocurrency is enough to be an alternative money that will be used by everyone, or can be said to be a complement to money fiat.
I share your thoughts. I rather see the government continue to maintain a safe distance between itself and crypto currencies in general. The further they dig into crypto, the more they eventually will break. Everything they touch is doomed.Fiat in its current form isn't all that bad. I use both fiat and Bitcoin to conduct transactions, and it works incredibly well. Why do we need to use Bitcoin for everything? Bitcoin won't ever be able to match fiat money completely.
The more money options we have, the more we'll be able to avoid being bullied by whatever form of censorship. I see how people here hope that fiat will implode, but they don't know that they will implode as well when that happens.
One World Government may be impossible but One world currency may be happening already.
Bitcoin is that currency.
I am still in doubt about that new world order. It would be the start of world war once again if forced.
People are not ready for that even if it takes a century.
We may not see it happen or will never happen in this world. It needs a deep change.
Just look at the UN now. Full of authorized member of each country and yet they all just lie about what they say.
To make their country look better than the other.
Bitcoin is that currency.
I am still in doubt about that new world order. It would be the start of world war once again if forced.
People are not ready for that even if it takes a century.
We may not see it happen or will never happen in this world. It needs a deep change.
Just look at the UN now. Full of authorized member of each country and yet they all just lie about what they say.
To make their country look better than the other.
I think that there is cyrpto at this time an improvement. almost all aspects currently using digital are no exception in the field of disaster relief such as Pundix which is promoting the PALU on the island of Sulawesi. this makes it possible for the crypto digital currency to be a future payment instrument.
We have found a global currency that can be used by everyone to easily send money even though be used by someone who has a different country, or as a transaction tool without intermediaries. Bitcoin and other virtual currencies supported by blockchain can be entrusted as a transaction system in the future.
For the answers that you have asked, it has been answered that we have found a global currency, but in order to use cryptocurrency cannot be used extensively by everyone. The government still confine bitcoin and altcoin to revolve in their country. This will be difficult to defeat by cryptocurrency, they cannot replace money fiat to be used in their lives. I think, cryptocurrency is enough to be an alternative money that will be used by everyone, or can be said to be a complement to money fiat.
For the answers that you have asked, it has been answered that we have found a global currency, but in order to use cryptocurrency cannot be used extensively by everyone. The government still confine bitcoin and altcoin to revolve in their country. This will be difficult to defeat by cryptocurrency, they cannot replace money fiat to be used in their lives. I think, cryptocurrency is enough to be an alternative money that will be used by everyone, or can be said to be a complement to money fiat.
Everything is tending towards that and through blockchain technology a universal currency will be birth! That means the whole world will have a uniform financial system and the internet will determine who controls it. Remember that there are words that have been spoken in Bible concerning this and those words might come to fulfillment this time.
Bitcoin and crypto currency in general is already a global currency no doubt but not yet adopted by the government different countries all over the world yet. And I don't believe that will happen in the nearest future because the issues of regulation by the government of different countries will be difficult for them to come a point of conclusion at the end.
I think that is very good news for the future of bitcoin, indeed integration of global payments is needed for efficiency in the economy of all countries, if payments between countries are more efficient, then economic transactions will increase and the economy of each country in the world will grow rapidly
it is true that the opinion you convey in your statement is that the blockchain system is indeed very good and appropriate if used in the fiat currency economy, but it requires a long time and process due to the legality problem of the governmentLong term plans can be a discreet development for every currency, and with this plan for blockchain to power a global currency I think it would bring the future of money to success. Not just of crypto currency but fiat systems might improve it's transaction delays which could be eliminated through blockchain technologies.
Even though such a concept might sound wonderful on paper, when it comes to reality, there is not even the smallest possibility of anything like this taking place. Every government has vested interest in the system in which they operate. We can find the possibilities of issues in the ongoing Brexit event.
* ‘FUNDAMENTALLY FLAWED!’ Economist RIPS INTO euro and warns Brussels of HUGE challenge.
Decentralization is a great thing but giving control to some people/organisation doesn't make any sense as it is violating the fundamental principle of distributed power and control.
* ‘FUNDAMENTALLY FLAWED!’ Economist RIPS INTO euro and warns Brussels of HUGE challenge.
Decentralization is a great thing but giving control to some people/organisation doesn't make any sense as it is violating the fundamental principle of distributed power and control.
I think that is very good news for the future of bitcoin, indeed integration of global payments is needed for efficiency in the economy of all countries, if payments between countries are more efficient, then economic transactions will increase and the economy of each country in the world will grow rapidly
it is true that the opinion you convey in your statement is that the blockchain system is indeed very good and appropriate if used in the fiat currency economy, but it requires a long time and process due to the legality problem of the government Have you ever heard about the "One World Currency" that will be used in the New World Order? Well, it's believed that such currency may be powered by a blockchain which is in the hands of Banks and Governments worldwide. As this technology has been proven to provide borderless payments in a fast and cheap way, it's the perfect way to upgrade the existing monetary system into one that's highly efficient, transparent, and controllable by the world's authorities. In addition, blockchain not only works for tracking money, but also property, supply chains, and more.
As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.
What are your thoughts?
I think blockchain has a lot of use for the real world and outside the digital world. However a "global currency" will never happen, I mean not because anything related to blockchain since blockchain has all the things needed for something to be relied on to create a global currency however I think people do not like the idea of "global currency". As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.
What are your thoughts?
Even the us dollar has been losing value against many currencies and it has been used less and less because it has been manipulated to hell. People stopped caring about dollars and euroes which are the most important currencies out there. We can't have something newer without them getting stronger.
Have you ever heard about the "One World Currency" that will be used in the New World Order? Well, it's believed that such currency may be powered by a blockchain which is in the hands of Banks and Governments worldwide. As this technology has been proven to provide borderless payments in a fast and cheap way, it's the perfect way to upgrade the existing monetary system into one that's highly efficient, transparent, and controllable by the world's authorities. In addition, blockchain not only works for tracking money, but also property, supply chains, and more.
As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.
What are your thoughts?
About banks and government i have a doubt since crypto currencies are volatile they'll not accept it. It might be global currency but only for internet users. As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.
What are your thoughts?
Have you ever heard about the "One World Currency" that will be used in the New World Order? Well, it's believed that such currency may be powered by a blockchain which is in the hands of Banks and Governments worldwide. As this technology has been proven to provide borderless payments in a fast and cheap way, it's the perfect way to upgrade the existing monetary system into one that's highly efficient, transparent, and controllable by the world's authorities. In addition, blockchain not only works for tracking money, but also property, supply chains, and more.
As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.
What are your thoughts?
I've never heard about such currency which will be used world wide and call one world currency. But if its true then i am 100% sure it would be bitcoin and block chain. As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.
What are your thoughts?
We are waiting for the NEW WORLD ORDER for decades and it isn't happening. 
The "new" global currency(actually it isn't new at all) will be the digital US dollar.I don't think that it has to be powered on a blockchain,but I'm sure that this will be the one and only currency.
Bitcoin can survive for a decade or two,but without government support,it's doomed to fail in the long run.
The "new" global currency(actually it isn't new at all) will be the digital US dollar.I don't think that it has to be powered on a blockchain,but I'm sure that this will be the one and only currency.
Bitcoin can survive for a decade or two,but without government support,it's doomed to fail in the long run.
We will need big infrastructure for this one. When we say that we are already running over the public ledger and thus we dont need anything else to run the blockchain then we should note that its not the way it works. If you want to run the internet then you have to be connected to local host, then local host has to be connected to pre-host, post-host and to the main host. Things are like that only for the blockchain if we have to use it in the real world. It will need big network to work out under stressful conditions of networks and as you can see we are already getting network congestions all the time then, at the time of full capacity it will crash very much often.
Its not like just announce the bitcoin as world's one currency and start using it, but its far more complex than that.
Its not like just announce the bitcoin as world's one currency and start using it, but its far more complex than that.
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