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Topic: If the world uses a single currency - page 10. (Read 1832 times)

full member
Activity: 378
Merit: 100
March 26, 2018, 03:57:05 AM
I think it is very difficult for the countries to follow only one currency and now the different countries prefer their own currency and if we just give only one currency then the fight will start among the countries that who will control it ultimate currency and where the central bank will be and which country will issue currency and then the problem of the people will rise and through this the currency value will be same every where.
full member
Activity: 224
Merit: 100
March 26, 2018, 03:42:17 AM
Then it would be of great idea if this is bitcoin. Although this is a virtual money. Before this happens many processes be fulfilled prior to the world using bitcoin currency. We all have gotten to the idea that it could be of great help if everyone uses bitcoin already. It could also be of perfect investment.
legendary
Activity: 3248
Merit: 1160
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March 26, 2018, 03:29:57 AM
Its almost impossible if our world using single currency but it could happen too. I said almost impossible because every country have different economic growth and product. Every country have their own size economic

Having one currency would be very difficult to imagine because it will only cause an imbalance to the economy imo. Also, there will be no competition that would happen in the market. Although, to think it is easy because we don't need to trade but we should have a balance in order for the economy to grow.
That's correct, we have different leaders so it's going to be a different interest.
No county would allow that only once currency will be use, the current set up won't be change in the future but we will see
additional currency to fuel a faster transaction and that is the cryptocurrency.
member
Activity: 434
Merit: 10
March 26, 2018, 03:15:29 AM
Its almost impossible if our world using single currency but it could happen too. I said almost impossible because every country have different economic growth and product. Every country have their own size economic

Having one currency would be very difficult to imagine because it will only cause an imbalance to the economy imo. Also, there will be no competition that would happen in the market. Although, to think it is easy because we don't need to trade but we should have a balance in order for the economy to grow.
member
Activity: 280
Merit: 12
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March 26, 2018, 03:01:58 AM
It could be if the world had only a single money, if the state is not separated and the continent is not split by the great oceans.

Continue there is no differentiating the other and the government for the whole world is only 1, it is surely the cash currency will also be singular ..

so because the worldininiterlaluluas for us to occupy and the great ocean separates the island and the continent, making people divided by different patterns of thought ..

So therefore the government is divided by a considerable amount to regulate a country.

The world is too big so can not be governed by one pemetintahan.Dan the state also competes with the state's income so it will not be strong if managed by a single government.

So also with cash can not be dwarfed because of competition between state administrations in charge of managing the country.

It's all that makes the difference happen not only government cash can not be pushed into one government for the whole world.

And cripto money also mem have some kind of cripto money that exists, because many of the competition in this world to each other to get the benefits of each other.

If there is a development of this world make a change for a successful government of the country will be very nice.

so the world needs each other, and the world can not be governed by one government alone.
member
Activity: 798
Merit: 10
March 26, 2018, 02:24:38 AM
Its almost impossible if our world using single currency but it could happen too. I said almost impossible because every country have different economic growth and product. Every country have their own size economic
newbie
Activity: 14
Merit: 0
March 26, 2018, 02:19:21 AM
Good idea but will be impossible. Economy of each country is not align. Currency value is different as well. If we dream of one currency, all country must unite.
newbie
Activity: 67
Merit: 0
March 26, 2018, 01:45:07 AM
If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
If the world uses a single currency then domestic production and export could effect
sr. member
Activity: 348
Merit: 250
March 26, 2018, 01:37:30 AM
I don't think that is possible as there will be a lot of confusion and world is divided by different hopes and views. Hence, cannot be club-ed under a single currency. But at-least we can support every currency and provide freedom of using any currency anywhere in the world.
newbie
Activity: 168
Merit: 0
March 26, 2018, 01:27:54 AM
Europe can agree to use one of the same currency but either if any other country could or not. Europeans tend to have a forward-thinking, but not necessarily the other coins have the same thoughts and thus wanted to be superior in terms of currencies.
jr. member
Activity: 84
Merit: 5
March 26, 2018, 01:02:31 AM
It doesnt matter whether the country uses many currency because each of it is convertible, so having one currency doesnt affect our economics. It is impossible for our world to use only a single currency because we have our different traditions and beliefs.
member
Activity: 329
Merit: 10
March 26, 2018, 12:07:02 AM
If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.

if the world uses only one money it seems that it is very unlikely because money can be said a bit politically, which means it will be very difficult to use just one currency for use throughout the country because it requires a lot of supply.
newbie
Activity: 154
Merit: 0
March 25, 2018, 11:58:33 PM
Single currency in this world, I don't think it's happened and it is impossible. We have different countries, different currencies and different value. So therefore it is impossible to make or use one currencies.
sr. member
Activity: 1512
Merit: 316
March 25, 2018, 11:41:18 PM
create a stable, of course, can, we could see examples such as Europe. they use one currency and it's very good for their economies. If every country in the world can use this system then price stability and the economy it's going to happen.

The world will never use a single currency because it means that country become the dominant among other as their currency is being used globally. Thus other countries would not like that to happen and they would like to retain their dominance as well on the world.
newbie
Activity: 196
Merit: 0
March 25, 2018, 11:38:32 PM
Tidak mungkin terjadi jika dunia menggunakan mata uang tunggal sebagai alat pembayaran.Apalagi setiap negara mempunyai kultur dan kebudayaan yang berbeda-beda mengenai mata uangnya.Jadi sangat sulit untuk disatukan seluruh mata uang pada setiap negara.
newbie
Activity: 63
Merit: 0
March 25, 2018, 11:19:06 PM
If have a single currency we cannot trade it will be nothing to do forex or exchange and will be very easy to use
full member
Activity: 242
Merit: 100
“Blockchain Just Entered The Real World”
March 25, 2018, 10:59:05 PM
I think it will not happen This world is made up of many countries and now every country already has a currency. It will be difficult to unite the country. The brand has different customs, laws and systems of government. Or if the world uses a single currency it happens it will take a very long time.
member
Activity: 327
Merit: 11
March 25, 2018, 10:51:58 PM
Hmm odd. All I've read is the impossibilities of a single currency. Let's admit it. Using a single currency for the whole world is completely new and we have no experience about the consequences. We can still think from the completely opposite perspective from the above mentioned opinions.
member
Activity: 266
Merit: 15
March 25, 2018, 10:38:33 PM
If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
If the world uses the same currency, the world can become chaotic. Since many countries have very low levels of development, this will be the reason why the concentration of wealth is so widespread. People living in rich countries will be an option because here the salaries they receive will be many times higher than those of poorer nations.
member
Activity: 434
Merit: 10
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March 25, 2018, 10:33:24 PM
I don't think having a single currency in all over the world is a great idea because as I know having their own currency in a country has a great advantage in the people who want to increase  their salary in their work, I mean like here in my country our currency has a small amount of price compare to other country but when people here work abroad and bring their money here they can double the amount of money we earn in the job here. So it has a good advantage if we have more currency in the world.
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