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Topic: One currency One world? - page 7. (Read 1339 times)

full member
Activity: 183
Merit: 100
January 08, 2018, 05:05:37 AM
One currency, One world is definitely needed for sustainable progress of economies. But i dont think that its practically possible. Despite the increasingly global nature of commerce, the economies of each nation throughout the world still differ significantly and require different management. Subjecting all countries to one monetary policy would likely lead to policy decisions which would benefit some countries at the expense of others.

Under a global currency, this type of aggressive management of a national economy would not be possible. Monetary policy could not be enacted on a country by country basis. Rather, any change in monetary policy would have to be made at the worldwide level.
newbie
Activity: 14
Merit: 0
January 08, 2018, 04:51:02 AM
It would take A LOT of infrastructure to do that. But, I believe that eventually, there will no such thing as currency.... At least not as we think of it right now. There will be a Resource Based Economy. Smiley
hero member
Activity: 1470
Merit: 555
dont be greedy
January 08, 2018, 04:42:49 AM
I think Bitcoin is unlikely to be the only currency used in the world, but the technology used by Bitcoin, Blockchain is likely to be used by people and even governments
jr. member
Activity: 180
Merit: 9
January 08, 2018, 04:39:12 AM
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?

The only way for bitcoins to become the world currency is, If every nation will allow their country for bitcoins to circulate in their area. Some of the government does not like bitcoins because of the markets volatility and untraceable transactions, Some people can use bitcoins for illegal transactions and governments are avoiding those problems.

Bitcoin will be recognized around the world but I do not think of it as one currency that will be use in this world. Government will be against about that because it is decentralized which no one can control it and you do not trace who is the owner when you want to track for something in the transactions.
sr. member
Activity: 700
Merit: 250
January 08, 2018, 04:24:45 AM
Can not say that, as well as the global currency, in the economic globalization today, in the form of currency to distinguish between countries is not correct.
each country certainly has a different currency, and for currency only one bit ie bitcoin as currency, in my opinion it is not possible if one country has only one currency.
full member
Activity: 784
Merit: 112
January 08, 2018, 04:01:23 AM
It is definitely possible for this kind of crypto to be used on all transaction in the future. With the kind of capability of bitcoin, it has a place somewhere as a essential in transacting money in the future, however there is no guarantee of this being implemented because it is hard to unite currencies especially now that people have different perspectives on handling money.
member
Activity: 94
Merit: 12
January 08, 2018, 03:56:35 AM
Can not say that, as well as the global currency, in the economic globalization today, in the form of currency to distinguish between countries is not correct.
sr. member
Activity: 1484
Merit: 253
January 08, 2018, 03:52:47 AM
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?


I disagree and i do not believe to this subject that bitcoin will become the only one currency to be use as a mode of payment in whole world because it brings us chaos to our country and the whole world to be exactly. This would lead to the country of discouraging and lookdown of incapacity where the rich country will become richer and the poor country will become poorer.
newbie
Activity: 3
Merit: 0
January 07, 2018, 08:00:38 PM
I think in the future this can be possible, but just imagine, whole world and just one currency. It would be amazing.
full member
Activity: 378
Merit: 102
January 07, 2018, 07:58:11 PM
I'm not sure if in the future bitcoin will be the only currency that can be used as a payment mode around the world, because now every country has its own policies in regulating financial activities. It is impossible for all countries to make the same decision to make bitcoin the only currency that can be used as a mode of payment.
member
Activity: 267
Merit: 10
January 07, 2018, 07:28:40 PM
bitcoin has high rates and is very volatile plus it has a lot of decimals and the many people would like to own a whole coin. so i believe that there will be an alt coin replacing bitcoin for that purpose in the near future. One currency one world, if not bitcoin, I believe its one of this CryptoCurrencies it should be.
full member
Activity: 462
Merit: 100
January 04, 2018, 12:53:49 AM
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?

This is quite possibly a way to unite the whole world and settle their differences. Bitcoins may be the saving grace the world needs. But to think that it is possible is very farfetched. I don't think bitcoins will ever surmount to something that big that it literally united the whole world.
jr. member
Activity: 58
Merit: 10
January 04, 2018, 12:49:22 AM
i think bitcoin is difficult to become world currency,governments do not recognize the legitimacy of Bitcoin.
full member
Activity: 1050
Merit: 149
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January 04, 2018, 12:36:53 AM
It is difficult to entire world. Bitcoin can't be mistaken for a method of installation as a result of high exchange charge. Bitcoin is so volatile currency, no state wants to totally change to the use of Bitcoins. When it will make a physical cash that time we should consider this currency is the one currency of one world.
I agree with your points. Very few countries would actually be willing to use bitcoin as their main source of payment in place of physical fiat currencies. It would take a miracle for majority of the countries around the world to accept bitcoin and allow their citizens to use it as an alternative source of payment currently. Truth is that bitcoin is being adopted around the world at a slow and steady pace and more and more countries will come forward to accept this coin as the crypto world continues to grow with time. Patience is required in this case.
newbie
Activity: 224
Merit: 0
January 04, 2018, 12:30:32 AM
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?

At this stage very difficult to say that bitcoin will be the only currency, as for this it has to pass with too many political clearances and financial obligations.
newbie
Activity: 24
Merit: 0
January 04, 2018, 12:24:24 AM
It is difficult to entire world. Bitcoin can't be mistaken for a method of installation as a result of high exchange charge. Bitcoin is so volatile currency, no state wants to totally change to the use of Bitcoins. When it will make a physical cash that time we should consider this currency is the one currency of one world.
member
Activity: 112
Merit: 12
January 04, 2018, 12:22:31 AM
bitcoin can't even service a few 1,000 day traders, how in the hell is it going to service all the pay2shit toilets on earth?
get a life ppl, btc is a toy for rich techies
member
Activity: 294
Merit: 10
January 04, 2018, 12:18:14 AM
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?

The only way for bitcoins to become the world currency is, If every nation will allow their country for bitcoins to circulate in their area. Some of the government does not like bitcoins because of the markets volatility and untraceable transactions, Some people can use bitcoins for illegal transactions and governments are avoiding those problems.
full member
Activity: 378
Merit: 100
January 04, 2018, 12:11:49 AM
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
If for payments in all countries I think bitcoin can not be because a country will not agree to make it a legitimate currency.In addition, people who do not know more details about auto bitcoin make a heavy burden for them in doing various transactions at any time.
newbie
Activity: 46
Merit: 0
January 04, 2018, 12:00:35 AM
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?

bitcoin is very volatile and has high rates plus it has a lot of decimal places and the majority of people would like to own a whole coin. so i believe that there will be an alt coin replacing bitcoin for that purpose in the near future.
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