Topic: What will happen if we use a one currency only? - page 23. (Read 19529 times)
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.
A time is coming when the whole world is going to used one currency and blockchain technology is already preparing ground for that to happen. Though it is also a fulfilment of Bible prophecy of the end times that is the whole world will using a single currency. I also think this may lead to serious war as politicians will fight to control the currency.
[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.
I don't really understand the incident, which certainly the countries or governments in each country have different regulations, as china banned the bitcoin exchanges while in japan now bitcoin 100% legal, if they are placed in the same place will lead to disputes, I think there will be many problems if we only use one currency only. 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.
[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.
Yes, right most of the people doing it no for the bitcoin how to use. But bitcoin is easy to change for the cash and you will use all counters, but before use bitcoin you will check and after use. Most of Canute is not using bitcoin so that the reason for most of people using the currency.
[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.
Using a single currency will be a disaster if we talk only about Fiat because how could anyone supervise it, i mean a country could print an extra amount so...
But if you talk about cryptocurrencies including bitcoin then yea it is a good idea.
Aren't we using the same money (BTC) while we are from different countries?
It is true that the result of a sine currency depends on what type of currency we will consider to used. Becasue it depends on the system on transaction on every currency you will used. And the best example is fiat where it much needed a depending currency for it to develop and experience growth becasue it is an example of direct transaction currency with a fix value and rate in contrary to bitcoin which is a form of crypto-currency that is a form of crypto-currency that it's price is so volatile that it can be used in investments becasue its price can experience development and growth. But if you talk about cryptocurrencies including bitcoin then yea it is a good idea.
Aren't we using the same money (BTC) while we are from different countries?
There is an advantage and disadvantages if there is only one currency for all. For advantage it is good to have one currency as we became a union. Easy transactions and such is one. For disadvantage, if this will be implemented, it is very difficult to change our current currency as of now. That is why i think this will not come true.
[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 idea might be disastrous to the community, it will be the root cause of greed and poverty. the rich will become more rich and the poor will be poorer. the class of society will persist, everyone will be power greed and most likely to happen there will be only one government and a leader.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.
I guess it will also be leading to the end of the world and the rule of wickedness as the Bible makes it clear apart from that I don't know what will happen.
[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 idea might be disastrous to the community, it will be the root cause of greed and poverty. the rich will become more rich and the poor will be poorer. the class of society will persist, everyone will be power greed and most likely to happen there will be only one government and a leader. 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.
For me, it will be easier for us to communicate with other people in other countries. It will be easier for us to pay and send money to someone because it will not be converted first in any other currency. It will have a stable amount and can also unite countries. 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 this happen there will be no more countries all over the world. Every countries will be at one. So no more singles goverments, we all combine in one country , i think it's a great ideal but sometime when you give too much power in some guys ,who manage the goverments, they will be come evil . Only one currency is really good cause there is no need to exchange from this to that but it's impossible to do that at all cause the politics are that simple.
[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.
[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.
[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.
At first, it will be hard to have one currency only and what currency will that be. It will be a total chaos before that happen. But somewhere in the future if it was declared then, then the transaction will be easy and other deals because we dont need to exchange it with our own currency so no time consuming 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
[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.
I think that nothing will happen if there is one currency in the whole world. The rich will have a lot of money, but the poor have less money. Just change the currency, but nothing will change in the government of the country.
What?! Nothing will happen? If the whole world agrees to one thing then that is WORLD PEACE!Everything will change from that. We having arguments now and conflicts with every country due to misunderstanding of beliefs. Also one country wants to be stronger in the whole world that is why they keep on making their own fiats to be the strongest too.
I think that nothing will happen if there is one currency in the whole world. The rich will have a lot of money, but the poor have less money. Just change the currency, but nothing will change in the government of the country.
What do think if all nation use only a one currency?, What happen to our world?, What the effect of the nation's economy?, It can make people's start to work each other without competing others?Any opinion.
I think if only 1 currency available, inflation and deflation aren't a problem to everyone and also trading activity will be hard or even no trading activity around the world(currency trading).Jump to: