Topic: One nation one currency... (Read 953 times)

It is time for the state to give freedom to the public to use anything for transactions, the task of the state is to regulate and impose strict taxes on every transaction that occurs so that the slogan of one nation one currency is currently irrelevant.

It would be very interesting. But I think it's too unrealistic. I want everyone to live in peace, but it is impossible to unite all countries into one. I think the main reason is religion. She brings people together. All countries are in different conditions and they have their own level of development. It is impossible to make all countries the same. But I really like this idea.

if it's about unifying the world then I believe it's impossible, people live with different mindsets and traits but if you unite finances I still believe it can, Bitcoin was created to unite differences in finance, 1 bitcoin is 1 bitcoin in the whole world, that's do not change.

You can create a single state and a single people, but at the same time give people the opportunity to show their individuality.  

In the future, people will be able to create their own experimental states (country), but these states will have a certain limited duration of their existence.  It will be possible to create an experimental state (country) with a certain social system - capitalism, socialism, communism, a monarchy, a republic, etc. Such temporary states will be created for scientific purposes.  They will allow you to test certain scientific hypotheses.  

People will also be able to freely change their citizenship.  Today I can declare myself an elf (citizen of Gondolin), and tomorrow a goblin or a hobbit, and the day after tomorrow I will come up with something of my own.  

But all this can be done within the framework of one nation and state.

The state must certainly have strong control over the economy, if in a country there is a lot of money circulating for transactions it will cause serious problems, namely legal money will be defeated, because not necessarily other countries want to use National Currency so that with one nation one money is the right step to control problems and of course easy for solutions.

USD PPP is going down every year and its influence as a global currency reduce to 40%. There are other currencies that are also being used for global trade and their influence is getting stronger every year. I am not sure for how long USD could hold its position because due to inflation many countries are thinking about replacing the USD for global trade. Russia's action to pay bills for oil and gas in ruble could encourage countries like china to do the similar too.

There is a say that variety is the spice of life, so if human in their own wisdom is trying to create a system where we're going to have

i.One Government

ii.One currency and

iii.One religion

Which I have heard most people talked about , I think that is the beginning of the end,
Because trying to unify the whole world and financial system will be destruction at the end.

USD has in the past years proven strong resistant over inflation and many countries cant neglect it role in currency exchange to the own local currency, the economy need stability but because of the little recent discrepancies in market supply as a result of the corona pandemic and Russia invassion has led many businesses go down but it will be a good thing if the standard of USD is maintained as still the universal or global most accepted currency alongside with bitcoin.

USD - I think contradictory too much.

This is also the reason the US holds the majority of debt bonds, the US owns more bonds than all other international banks combined.  Unfortunately, this is not a common or global reserve currency standard.  In my opinion, this is also the reason that countries like China, Russia, India expect to use their currencies for international trade (energy, oil and gas...), as a result they have difficulties.  .  .  try to prevent with economic sanctions, trade disputes to increase dependence on the US dollar.  It seems so simple

I think it will be difficult for the world to become one nation one currency because there are still some countries who don't allow their citizens to use other countries currency apart from their own currency in the country. Even the decentralized currency that is helping many countries to eliminate errors from their transaction and to reduced unemployment from the countries and still other countries banned it from their countries which will be difficult for the world to embrace one currency in the world.

Don't just Hold unto that mate because USD maybe one of the most popular and used currency bit we also have Bitcoin right?
we are in crypto community in which we can learn that in the future it is Crypto or Bitcoin that will be the One Currency of the world.

No, the problem won't get into conclusion. If every country have agreed for the one nation one currency formula, then the countries people will demand money according to what they have hold earlier. This once again lets the accumulation of wealth within specific region and creates inequality in wealth distribution. Right now we say America is rich, after one nation one currency we say southern part is rich.

There are several innovative ideas that were thought for this 21st century, which are far from happening, but instead other unthinkable and even with ridiculous projections in the intention are dominating the current technological scene with extreme influence in the social, cultural.

The above has a time parameter from the 20th century to the 21st century, I don't know how old you are but there was a lot of enthusiasm with the 21st century, it seemed that several things were going to change and it happened! some have disappeared, others have improved our way of life, in fact we could say that a single type of currency.

So why a single currency would make things different, in reality the real change is in what as individuals we represent and think.

Can you imagine a society without hierarchy? Can you imagine anarchy over governments? One could make up things in mind but it's impossible to overturn the reality.

One currency is possible and already exists. Everyone in every place will happily accept gold, diamond and other precious stones.
But it's impossible to form one nation because humans are inherently social animals, social grouping species. Observe, family members that were raised in the same area, are different from each other, neighborhoods in each area, are different from each other. Different cities have different cultures and attitudes. This applies to different countries and even different continents. Even the city Barcelona wants to get out of Spain, even South Korea and North Korea are hugely different.
See how Asians differ from Europeans, South Americans from North Americans, etc.

After this, do you really think that we can form one nation? We can only do that in a limited area, that's our maximum. People will always form social bonds, people will always confront each other, that's just our nature, our hormones. The reason why men are aggressive compared to women is that men have high testosterone levels while women have high estrogen and oxytocin, both of which make them emotional and empathic. Even our brain hormones differ, men have higher dopamine levels than women, which leads men to make more risky tasks, chase success, motivation, etc. This is a very complex task, it will take a lot of time for me to explain clearly and I assume it will probably be boring for the audience. But I hope you get the point!

Getting an united world politically is an impossible task and you cannot expect everyone to use the same currency. But if you are trading with someone then you can give them the opportunity to choose a currency that would benefit both and if it truly benefits each other then there is nothing to worry about adopting it.

I did not understand what you are talking about power and keeping humans as slaves.

I understand your point of view, however, we could create an entity that would control the issuance, distribution and maintenance of that currency. I think it would solve most of the problems with this proposal.

With all the differences that exist in each country, it becomes difficult to unite all countries into having one currency. As you said that on a small
scale we still often disagree with our neighbors, so it is too difficult for all countries in the world to unite and have one currency. This is very unlikely
to happen, especially if we look at it now that there are several countries that are at war because they have differences of opinion. So we have to
think realistically that nowadays every country has their own culture and rules. Likewise, regarding the issue of currency, each country has their
own currency and this will continue to happen at any time.

We can't expect the World to get united and form an one nation, one currency policy. Just think of a country, it can be any country around the world. From one country it have got evolved as a separate one. This has happened as a result of power and keeping humans as slaves. So, an one nation one currency is a failed one. If people are united, then instead of money there will be exchange of commodities. If money is used surely then the problem begins.

It also allows people to live their own culture as well. Like how are you going to have one nation that all consists Americans, Mexicans and Canadians, I am just taking north America here, do not even get me started on other continents because difference there is bigger.

Even neighbours are attacking each other as we have seen recently, how do you make one nation in that situation? Who rules it? The one with the bigger population? By that logic biggest ruling parties would be Chinese party and Indian party because they are the biggest population in the world. All in all, it wouldn't work because we are all different cultures and seem a bit harder to achieve.

Even in the fantasy world such has not happened and I do not think it will happen in the imaginary world. In Biblical Allusion or inference, when the Israelites we're building a tower to heaven, they were speaking one language and at that time, everything was very easy to get and build but when Discovered that, they were coming to see the sky, which was a detrimental to them, he changed the language to different languages. Everyone began to speak different languages and confusion began to arise. And everything was destroyed. What am I trying to is that, as we, the people or human beings using different languages in the world, we can not use one currency. Because the world economy is capitalism.

It is only in a Socialist world, one currency can be used but not in a capitalist world where everyone is business oriented. Using one currency in the world now and in future will not happen even in the the dream world.

I Know why and where you are driving this delusion to. It is all about bitcoin. Remember bitcoin is not the only Currency in the Crypto ecosystem there are a lot of Crypto Currencies in the space. What will happen is still happening now. All the Currencies in the world now, Dollar is the highest value and most use currency in the world. That will be in the case in the Crypto ecosystem. Bitcoin will be the highest value and use currency in future but not in Currency system.