Globalization is coming. I think one currency and maybe even one language is the future of humanity. Today we have no idea how will it work and will it work at all, but I'm sure it will happen.
Maybe there will be one language in the future and I think it will be English but what's similarity between bitcoin amd what you said? Do you mean that bitcoin will be only one currency? I highly doubt because at first we measure bitcoin's price in $ so usd will be main currency and nearly everything goes like that and rise of usd caused fall of other currencies so it means usd plays main role. 
Topic: What will happen if we use a one currency only? - page 32. (Read 19496 times)
Globalization is coming. I think one currency and maybe even one language is the future of humanity. Today we have no idea how will it work and will it work at all, but I'm sure it will happen.
If we will treat bitcoin as an example for this kind of question then we can say that it will be a very huge help for bitcoin to goes up very high and breaks a lot of ATH prices and make some more. The power of having one currency only is by the demand that can make things crazier than before like if we will use bitcoin only.
If it's happen, I think world economy could be better because no more fiat trading. I also think that no more economical crisis in the world. I am sure that time will happen, probably we only use gold as money like in the past.
Lets take the case of Euro and Greece,hope you know what happens,if a country is in economic trouble you really cannot do much,you have to either support them or just leave them,so it is just not possible even it theories.
It is impossible to have one currency for all countries. The winner will be the one who controls the currency. Very often to heat up the economy using monetary emission. How can this be achieved if other countries are not profitable.
If we use one currency only, we should have a world government. The word of sovereignty had never emerged in the absence of political units, international organizations and countries.
and of course there not much business available especially for foreign exchange trader.nothing good or could make world better when we have to use a single currency. let it be like this , bitcoin indeed have considered as global currency but it is doesn't mean other currency should not be used and abandoned right?
If we use one currency only, we should have a world government. The word of sovereignty had never emerged in the absence of political units, international organizations and countries.
and of course there not much business available especially for foreign exchange trader.nothing good or could make world better when we have to use a single currency. let it be like this , bitcoin indeed have considered as global currency but it is doesn't mean other currency should not be used and abandoned right?
If we use one currency only, we should have a world government. The word of sovereignty had never emerged in the absence of political units, international organizations and countries.
and of course there not much business available especially for foreign exchange trader.nothing good or could make world better when we have to use a single currency. let it be like this , bitcoin indeed have considered as global currency but it is doesn't mean other currency should not be used and abandoned right?
[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.
If it's happen, I think world economy could be better because no more fiat trading. I also think that no more economical crisis in the world. I am sure that time will happen, probably we only use gold as money like in the past.
in the end it is still the government who will win and their decision must be followed to avoid problem.
The main reason of bitcoin not to become the world currency is the circulation limited and the population are high so how do you think that if only bitcoin is a single currency , how will it get circulated among the public and how will it work. Till this all questions are not solved Fiat currency will be ruling it
It is certainly not the main reason
In fact, it is not even a secondary or minor reason (read no reason at all). It doesn't matter how much money there is in the economy since prices will eventually rebalance themselves given the available supply of money tokens. Bitcoin is infinitely divisible, so there will always be enough coins for everyone whatever value or price Bitcoin might have. Bitcoin's major drawback right now is lack of scalability, and this is the major technical reason why it can't replace fiat
[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.
If it's happen, I think world economy could be better because no more fiat trading. I also think that no more economical crisis in the world. I am sure that time will happen, probably we only use gold as money like in the past.
in the end it is still the government who will win and their decision must be followed to avoid problem.
The main reason of bitcoin not to become the world currency is the circulation limited and the population are high so how do you think that if only bitcoin is a single currency , how will it get circulated among the public and how will it work. Till this all questions are not solved Fiat currency will be ruling it
Maybe that will happen world economy will be destroyed, currency spread is not balanced then inflation in the country that gets the least currency, so it is very important for each country to have its own 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.
If it's happen, I think world economy could be better because no more fiat trading. I also think that no more economical crisis in the world. I am sure that time will happen, probably we only use gold as money like in the past.
in the end it is still the government who will win and their decision must be followed to avoid problem.
[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.
If it's happen, I think world economy could be better because no more fiat trading. I also think that no more economical crisis in the world. I am sure that time will happen, probably we only use gold as money like in the past.
If we use only one currency around the world it would be very good for a poor country, but it would be very bad for rich countries, because rich countries should share money to stabilize the currency. Such as the euro, rich countries like the UK do not want to use the euro because it would harm the UK
[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.
I think that in the world today if we where to all agreeable use one currency that it would either be the yen or China would not be too happy. The whole world's debt would have to converted into one and than so would all of the liquid cash so everyone would have to agree on an exchange rate which everyone couldn't.
I think if this happened it would cause bitcoin prices to go up because its decentralized; however, if the whole world adapts bitcoins something would have to be done about the current high network fees
Well that would mean 1 government, 1 law and lower wages
I don't think it'll happen though to be honest. Now that we have cryptocurrencies, the public can be in control of their own digitalised currencies
I don't think it'll happen though to be honest. Now that we have cryptocurrencies, the public can be in control of their own digitalised currencies
[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.
Wages will be lower 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 we use one currency only, we should have a world government. The word of sovereignty had never emerged in the absence of political units, international organizations and countries.
It will be a one world government and I heard some rumors and reading some conspiracies that will happen very soon. And if you are a traveler you will not experience any single problems with it as you can just use that single currency. If the whole world has only one currency, we will be manipulated easily by those big people in the economy.
[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.
The economy of each country is different if all the countries have only one currency only then there is only a division but not the unity and the absence of cooperation of a nation with other nations so that every country is only competing to be the best country not thinking of the undeveloped country. 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 we use one currency only, we should have a world government. The word of sovereignty had never emerged in the absence of political units, international organizations and countries.
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