I think this situation does not exist. Each country has a different economy and development. If the world uses a single currency, it will lead to a stronger and powerful country with weaker and weaker countries. Taxation in each country will also be different. If all countries use the same currency, the world will be chaos.
It takes a long period of time to make it single of currency's all over the world due to different places like what you have said but if all people all over the world united as one maybe it will happened. I have no doubt on it. 
Topic: If the world uses a single currency - page 2. (Read 1832 times)
The idea of using one single currency is a very difficult thing to do, this is because the currency is so sensitive that if there is a poor and weak country it will be easily controlled by a strong country, even though this is a good idea but we must understand how the realization and its control.
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.
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.
maybe it can be contolled easily, but I think It is impossible. many countries have a national currency. they want their currency go up and stable, especially they keep their currency exists.
This is a good idea, but one currency should be decentralized like bitcoin, I'm afraid if the world uses single currency and does not use decentralized system it will be easily controlled by a strong country so it can never benefit the poor country.
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.
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.
I think that governments will not allow this kind of idea even though there are a lot of people who agrees on this kind of idea because it was not easy to migrate on a different currency since the value of our money are different.
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.
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.
Yes I guess it is, cause I think one kf tge factor why Bitcoin decreases, becaus eof the demand outaide the certain country, foreign countries to be exact and we are all aware that the convertion of the monetary unit is very different with each other, also people who were less fortunate may be able to afford the goods, if we have single currency of fiat to be used since the price will be the same in what you have.
In my honest opinion , making a world currency has been an goal to achieve in order to get the "global citizen" concept . Yet we are living in a world that still has borders , limits , barriers and separations that are based on an infinite number of parameters , so the global citizen concept is out of reach even if we do manage to instaure a global currency .
But what this single/global currency will do , is that it'll make exchanges and deals between countries much more easier , developing countries won't be obliged to get a reserve of foreign currencies in order to obtain merchandise or whatever they want from anywhere in earth .
Charity will be much more easier also , and helping other people that are living in miserable conditions on the other side of the globe will get much more easier and we'll maybe eradicate famine , epidemic diseases and poverty from a lot of countries with such initiation .
But what this single/global currency will do , is that it'll make exchanges and deals between countries much more easier , developing countries won't be obliged to get a reserve of foreign currencies in order to obtain merchandise or whatever they want from anywhere in earth .
Charity will be much more easier also , and helping other people that are living in miserable conditions on the other side of the globe will get much more easier and we'll maybe eradicate famine , epidemic diseases and poverty from a lot of countries with such initiation .
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.
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.
I am not sure it will happens. There is many countries with own currency in the word.every country want to keep their currency. I think a single currency in the word is impossible.
Yes, powerful economies will never let that happen. I think the currency of a country being strong is an indication of how influential that country is today. This is clearly reflected in how dollar is stronger in comparison to most of the currencies by 40-50 times.
I think it may be possible in very near future, because people have now started using bitcoin from all over the world having same currency with same value everywhere, and can use it without changing it into any other currency.
You can't say for sure what will happen, but in my opinion if the world comes to that sort of agreement it should mean that the human kind has evolved a lot and the economy should be a lot more stable, people would be treated better and real equality between humans should start.
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.
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.
Then there will be a balance on the entire country and the cost of living will be cheaper but then, the entire president of different country should talk about it first before implementing this kind of idea.
It will be very difficult to make it happen would be a mess if in this world only use one currency. It's like bringing the whole world into one. There must be many people who disagree with such a policy, for fear only benefits some countries or people.
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.
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.
I think it would be great if the world uses single money and maybe bitcoin is the choice. But it seems to be difficult because the government will not let the paper money disappear.
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.
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.
I think it would be great if the world uses single money and maybe bitcoin is the choice. But it seems to be difficult because the government will not let the paper money disappear.
I think if ever it would happen there is an advantage and disadvantage. Example of advantage is we don't need to exchange our currency if ever we wanted to go to other country (hassle free) and disadvantage example is, What alliance or country would monitor of all the bills series?
We have many factors that needs to consider but for now it is impossible to happen.
We have many factors that needs to consider but for now it is impossible to happen.
If for example the world uses a single currency it will be better in terms of us to make transactions because we can transact with all countries without having to exchange our country currency with the currency of other countries and again the price of goods more stable in all countries.
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.
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.
it would be great, but it's not going to happen. look at people.. look at political situation now.. it seems that we will never be able to live in peace, and this disappoints me.. so, no.. the governments of different countries will never come to single currency
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.
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.
not quite sure if this is going to work. countries are already divided in many aspects. a call for unification is quite difficult. but it’s worth a try.
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.
Same currencies are possible in regions that are economically similar. Like USA and Somalia can not have a same currency but USA and Britain can do so. 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.
And there is a currency that is used all over the world too, Thats US Dollar. So there can not be one specific answer to your question thats why it is an interesting debate !
I thinks its good to use a single currency, don't you think were ever parts of the worlds you travel, no more hassle looking for money changer. But of course it's only possible if the world leaders agree.
But on the real ground, if this would be possible so do you think that bitcoins will be keeping their charm and pace? No, I think firstly it wouldn’t be getting possible, not now and not in near future as well. But yes, we can expect this in next century I guess or even more when people from all around the world would know bitcoins. Let’s wait and see what happens till our last breath. Jump to: