Topic: What will happen if we use a one currency only? - page 22. (Read 19529 times)
In my own sights, all kingdom in continents are united, The economy will stabilized its status at the highest altitude, Country's would easily facilitate access on identification of individual, No more visa and pass port to go anywhere because we belong as one. And the future of having cashless society will be realized,
If we use only one forex about the entire world it would be extremely great for a very poor region, but it would be very poor for rich nations around the world, due to the fact abundant countries must share money to stabilize the forex. This kind of as the euro, wealthy international locations like the United kingdom do not want to use the euro simply because it would harm the British isles
A lot of alternative is better, in fact now the world is better because of crypto currencies and now that it's decentralized and not controlled by the government we can have freedom to transact online. We have the right to spend what we have therefore we should not allow to be controlled by the government, they have the power but our support together will beat them. Seek for transparency and bitcoin can deliver that to us.
If we use only one forex about the entire world it would be extremely great for a very poor region, but it would be very poor for rich nations around the world, due to the fact abundant countries must share money to stabilize the forex. This kind of as the euro, wealthy international locations like the United kingdom do not want to use the euro simply because it would harm the British isles
If the world use the same global currency then all countries should be accepted equally
Which means one government and one currency throughout the world helps to spend and share without boundaries. There is no need to exchange currencies for travelling worldwide all the people can enjoy spending their money without having to think about changing their currency. I hope bitcoin will be accepted by all countries.
I guess so but if that one currency will be focused on to spend then that is somehow worth enough because exchanging currency is not limited for as long as there is a source of income to get. If there are many currencies then it makes complicated. We have to see to it that we are smart enough to use or spend the fiat money from bitcoin. We don't even know when will the source depreciates so as much as possible you have to coincide of using a particular currency.Which means one government and one currency throughout the world helps to spend and share without boundaries. There is no need to exchange currencies for travelling worldwide all the people can enjoy spending their money without having to think about changing their currency. I hope bitcoin will be accepted by all countries.
I think if we will be using one currency in the world the economy will grow more because anyone can now access other country and purchase everything right away I just don’t think different government will allow that because it only mans that the country will lose control over cash and that the supply may not cover all the demand.
If we use only a single forex about the planet it would be quite excellent for a inadequate nation, but it would be very undesirable for abundant nations around the world, due to the fact rich nations around the world should share cash to stabilize the forex. Such as the euro, wealthy nations like the British isles do not want to use the euro simply because it would harm the British isles
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
In my opinion, I do not think it will help if all nation used one currency. For me, There is a reason why every country have their own currency, is it because of there economy. I think if we have one currency there is no balance will happen in our market or in an economy of every country. So it is impossible to implement one currency in our nation.
There is so much movements and migrations among countries that we really need one currency in order to avoid the problem of converting currencies into one and then other and so on. Bitcoin is the only currency which can do this job perfectly because they are decentralized in nature.
It is extremely hard to have a single currency for all nations. The winner will be the a single who controls the currency. Quite typically to warmth up the economic system employing financial emission. How can this be attained if other international locations are not profitable.
It's a bad idea, because it will give the monopoly position to the people or countries that would emit this currency in the world financial system.
So, the whole world community would suffer
So, the whole world community would suffer
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
This is actually a long planned Illuminati set up wherein the goal is to create and place into a global circulation one common currency in order to have full control of the money system. This may cause some confusion in many nations if it were to happen since every current currency has its value depending on the economic status of a country. Question is, will the value of this currency be the same in all parts of the world regardless of the country's status? We can only speculate at present..but it has been prophesised.... What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
If the world use the same global currency then all countries should be accepted equally
Which means one government and one currency throughout the world helps to spend and share without boundaries. There is no need to exchange currencies for travelling worldwide all the people can enjoy spending their money without having to think about changing their currency. I hope bitcoin will be accepted by all countries.
If there comes a time when there will be only one currency all over the globe and every country will be using that currency, then this will be the best thing which this world will experience. This will help the people to get tension free from keeping different currencies while travelling across the world. Moreover, you can easily trade with different countries without any difficulty. Which means one government and one currency throughout the world helps to spend and share without boundaries. There is no need to exchange currencies for travelling worldwide all the people can enjoy spending their money without having to think about changing their currency. I hope bitcoin will be accepted by all countries.
In order to adopt the same currency, the whole world's economy must be collided..Rules and regulations of different countries must be similar. War between different countries should stop.
Take the example of the European Union, they are doing well but some countries have difficulties such as Greece wich have a great impact on other countries so they have to help each other or just kick the weak ones out.
Take the example of the European Union, they are doing well but some countries have difficulties such as Greece wich have a great impact on other countries so they have to help each other or just kick the weak ones out.
Having only one currency will not unite all the country in the world. There are a lot of factor why the world is not united and this is part of our economy to have nations and rivalries. If we only have one currency, i think it will not help on the economic growth of each country. This is my opinion since each country is getting an income on trading with other countries. The diff. Of the values of our currencies have a great impact on the profitability of each trading. With this this factor of countries growth will be lost and the possibility to be a highrr class coubtry would be minimized.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
National economy of countries will be badly effected because not all the countries are on the same economy level. There will be no foreign exchange as there will be no other currency, the trade will fall down and so the worth of the global currency. There will be a war between countries for the central banking authority because there will be only a single banking authority which will print and supply the currency. What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
In my opinion, I do not think it will help if all nation used one currency. For me, There is a reason why every country have their own currency, is it because of there economy. I think if we have one currency there is no balance will happen in our market or in an economy of every country. So it is impossible to implement one currency in our nation.
If the world use the same global currency then all countries should be accepted equally
Which means one government and one currency throughout the world helps to spend and share without boundaries. There is no need to exchange currencies for travelling worldwide all the people can enjoy spending their money without having to think about changing their currency. I hope bitcoin will be accepted by all countries.
I guess so but if that one currency will be focused on to spend then that is somehow worth enough because exchanging currency is not limited for as long as there is a source of income to get. If there are many currencies then it makes complicated. We have to see to it that we are smart enough to use or spend the fiat money from bitcoin. We don't even know when will the source depreciates so as much as possible you have to coincide of using a particular currency. Which means one government and one currency throughout the world helps to spend and share without boundaries. There is no need to exchange currencies for travelling worldwide all the people can enjoy spending their money without having to think about changing their currency. I hope bitcoin will be accepted by all countries.
If the world use the same global currency then all countries should be accepted equally
Which means one government and one currency throughout the world helps to spend and share without boundaries. There is no need to exchange currencies for travelling worldwide all the people can enjoy spending their money without having to think about changing their currency. I hope bitcoin will be accepted by all countries.
Which means one government and one currency throughout the world helps to spend and share without boundaries. There is no need to exchange currencies for travelling worldwide all the people can enjoy spending their money without having to think about changing their currency. I hope bitcoin will be accepted by all countries.
Economically having different currencies is a good way to balance out different productivity levels of different countries. For example if one country produces a lot of goods that the rest of the world wants to buy using the currency of the producing country then that currency goes up in value because you need to buy it in order to buy the goods. Eventually the currency could rise to a level where the product is no longer price competitive and then that allows another country to compete
I agree in general with the point you made
But it works only if the goods that this advanced country sells are actually sold for its national currency. But why would they want that if they could sell their goods, say, for dollars if they want to remain competitive (which is what everyone and his grandma want)? I don't think that any government is dumb to lose the advantage of being ahead of the pack just because of some "balancing out". You see, it doesn't happen anywhere in the real world since it is like wasting your competitive edge for the reason of the national currency going up. They will just print more paper, and that's pretty much all there's to it
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
As far as I understand your question, you are pointing out is that if one day we use only one currency which is bitcoin there will be no exchange/converting rate, meaning no need to convert your money into other money like peso to dollar. Well, if that's the case it'll be great, cause this will lessen the effort of those people working outside their country in converting money. Converting money into other also lessen the value of it, therefore if we only have one currency we'll all have the same value of money. What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
for this to happen one world currency
there is going to be one leader worldwide
or else it would war and chaos
but its frightening to see that one world currency and one leader above all
I guess that will somewhat signal the beginning of the end of the world and so I hope Bitcoin will not turn out to be that one currency per the current global acceptance rate.
If only bitcoin is the only one coin that exist in this world, people will try to avoid this and try to gather so much coin as they can. But this thing will make such world into chaos and I do not think that many of them want to get this kind of world. People tend to need more money but this is no the only way to get more income. They should not merge it into one coin
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