Bitcoin Forum

From the beginning of humans, we have created boundaries between ourselves by lots of conflict over the century. Our greediness and eagerness for more power make us intelligent animals. Humans are capable of their own destruction. But what if those never happen? what will be the scenario of the current world if there is only one nation and one currency and humans invest their full strength for human resource development and the development of science and technology? What do you think is that even possible in the future and what will be the benefits and inconvenience of it?

Don't live in the delusion that something like this could ever happen, nor that it will ever happen. There is too much difference between the various nations that have emerged over thousands of years, and the borders of countries exist for a very good reason, as do national currencies. A world with one nation and one currency is a utopia, and I don't believe it can happen on Planet Earth - but maybe one day someone will try something like this on another planet.

If you look at some sci-fi series like Star Trek, there's a united nation on Earth, but they don't have the currency - the world is so advanced that it's not even needed anymore - if you need something, just ask for a replicator ;)

Okey, I agree with you that practically this is not possible but if that ever happens what will happen with our science and technology? Internal conflict over the century slowed down our technological advancement. If there was no conflict between different human races then the achievement of humans over science and technology could be more advanced. Maybe we could colonize other planets by now.

Anyway I think that time for oneness has gone and will not come back. It is now an individual race, speed or whatever you can call it to survive. There are different theories about this and one of it is the survival of the fittest. You need to Google on that, I guess it should be by Spencer or he wrote something on that.

It is gone forever, even the communist system of government is not really united anymore and if you would research the bible too, there is a story on tower of Babel that God caused the people who were united to  build edifice and "sky scraper" for the purpose of seeing God (this is the history of different tongues or speech anyway).

The point is no, that time can never ever come back except if there would be something like that after the rapture  ;D

There's still the chance technology will push us towards this at some point though (it won't last long but I can see it happening for a few years if the open sourced versions of a lot of things become the most advanced - before someone privately advances further).

A lot of science already isn't done for the money (especially astrophysics) afaik so you could probably expect more advancements there if something like that were to happen.

(most companies/wealth has been cyclical and don't last very long - if the ceo and cto of any large tech firm die, so might the company).

It can't be possible for the world to become one nation, the world is too big for everyone to be doing things in common. I think the world is never meant to be one, the way which the world is right now with different nations is the reason why the world is developing through the differences in currency,  economy, and resources.

It is very difficult to imagine a single currency. As said it will not materialize in any case. We have different countries, ideologies, and state principles. From the type of culture, diverse nationalities do not mean that we seem to have to generalize in terms of finances. What needs to be done is to continue to increase tolerance and work for hand in hand to eliminate intolerance. Both in terms of the use of currency and unity in the state.


On the other hand, if you already have the imagination and thoughts to that extent, then what comes to your mind for the realization of such a thing?

If you say so, then I will assume that in the world we now live in we will know no conflict, evil and the world will be calm. But in reality humans have another side so they make groups that will later become the forerunners of the nation and state. Likewise with currency, it becomes one of the identities that can show the identity of the nation and state.

This may not be possible to see. Wars and conflict like you said have brought differences in our economic development and system. Every nation struggle for identification and building there own product. Blockchain and bitcoin are also ready for such but humans won't allow self enrichment to be taken over by such unifying force. I don't think is possible thing to see all systems together as one and having one currency and identify.

If you like reading things such as conspiracies, you have probably heard and read about a one-world government. That also pertains to one-world currency. The funny thing is that isn't that a coincidence that bitcoin is uniting all of us and agreeing that this is our money that doesn't have any boundary and is good to spend wherever we are? But you know what, realistically speaking, you see countries, boundaries, they're having wars and disagreement with each other.

Some think of this as some kind of utopia, but is it any surprise that some of the most vilified persons that have ever lived are precisely those that tried to unite most of the world under a single banner? And it is not a mystery to understand why, because in order to do so you need to trample over the wishes of the people that you are integrating to that society, so do not deceive yourself, a single country with a single currency basically means that a single country was able to conquer the whole world, and that is not a good thing.

We should rather talk about one world one currency.
The problem with one currency is the fact that they won't be able to evaluate the price and value country by country, most of the times a currency makes it easier to place any particular country based on the economy. It won't just be conflicts there would be other problems as well at the end there are other countries as well which would not agree to such terms. Therefore I do think having something like bitcoins which is not controlled by any particular country or state or a body makes it so much easier, it helps regulate all the centralized probelms as well. The ease of transferring it internationally is also very convenient. Therefore I do think we are doing a great job with Bitcoins for the moment but we do need a lot of time to adjust and make it more popular.

IMO, it will never come true in any way. We know controllers can change direction easily. The world's governments don't want this to happen, let alone the Dollar elites who are bathing in paper money. Even if we hear historical news how past wars also tried to unite all countries in one currency, it would still be a coup in the most heinous way.
Not much different from the current condition, the supervisors hide to monitor the paper money so that it runs smoothly. Sounds like a conspiracy, but it sure is. We just always try to ignore it or not believe it. Everything is designed that way.

Actually, it's hard to imagine what would happen exactly but I have a free mind so it won't bother me to make my own imagination. I think we could be so advanced that our technology would allow us to harness solar energy directly from the sun and we won't need any fossil fuel. People would exchange stored energy and wealth people would live in the sky. Communication would be much easier than now. My imagination may look like a sci-fi movie but after seeing such technological advancement in this century I think that could be the reality.

Maybe I will add about the imagination that is still lacking. What about the world of Elon Musk who wants to make Mars a new place to travel and a new place to live for mankind to avoid the apocalypse.

I know the sophistication of technology makes people think their imagination is far enough. Apart from that kind of thinking, I think it's perfectly fine. To realize this dream, is today's technological sophistication enough? the answer is no and still not. Rockets that go to the moon also often fail to launch? isn't this rationale that might be a task in the future? Furthermore, the technological sophistication of Nikola Tesla is still a mystery? is it some kind of future solved answer?

The answer is only one, today even a second in the future is still an unsolved mystery? Could there be a time machine? ;D

I think that human desire is the only thing fueling the future for us. Whether its greed for money, desire to keep on living, desire to feel as happy as possible or psychological desires that give the same dopamine rush to the human brain, its all a pre-programmed "instinct" to want more and more. And the only way we can get more is by becoming more complex, more advanced and in the end, whether it may be our destruction or our only way to survive, remains to be seen.

I just hope we don't embarrass our species in front of any higher beings watching us....

This universe is so vast that it is not possible to know all of its mysteries. Who knows what humans will discover next. Maybe we could build a time machine that could harness information from the past. In the 19th century, many things were sophisticated that we are using in our daily life. Nikola Tesla had a mind that could imagine the future and we have seen that by his invention. Who knows maybe in the future we could have another mind like him or even better. Human brains are becoming smaller in size but getting stronger as well. What I think is "Today's imagination is the reality of the tomorrow."

Necessity is the mother of all discovery. Human won't be technologically superior if there wasn't any conflict between them. Because of was humans made such discovery that was not only help to win the war but also benefited them many ways too. Nuclear energy was discovered and used for destruction but now we are using it for energy. If you look at the history then you will see most of the technological advancement happens when the world seen war.

I am not saying war is good so that we would see more technological advancement but what I said is the reality..

I believe a situation like that will be monotonous, and like they say, "Monotony kills interest" I believe in variety being the spice of life and as such will be displeased with a single world currency. If we've just one currency, it then means we wouldn't be having the Forex market. There won't be the trading of currency pairs. Come to think of it, there won't be the innovation called Bitcoin. We all wouldn't even be here. Do you see how an impossibility that is now?

Its popular for investors to encourage diversification. Don't put all of your eggs in one basket, they say.

If diversity is important and valuable than what arguments do we have for single currencies or single nations?




AFAIK they use credits and some form of transactional exchange in starfleet. I can't find the screenshot. But there is a scene in one of the trek TV series where there is a readout for "medical credits" in sickbay.

Mention of it is omitted. Its a thing where no one is certain exactly how money or the economy works in star trek so its never shown.

Human is the powerful animal in the universe. This sustain of the human by the one new factor of greedy and Eager toward the power.So they Ruling the food chain and control over the powerful animal like Lion, Tiger.They like to keep that powerful Animal in a Cages.It was a psysotic behavior by the man to view the powerful Animal of the food chain in a Cage.Following it, they started to control the human from the technologies.

Humans may have science, technology, nuclear, weapons of mass destruction or the greatest digital currency, but cannot change: (One nation one currency), even though it happened, a world war will occur, the economy will be destroyed, humans will kill each other, that's the inconvenience that will happen.

The advantages are certainly there, for sure the rulers at that time will be rich and powerful for their greedy deeds, but they are not calm in their greed, the commoners will follow him and finish him wherever he goes.

For that think like now, don't think we will face the era of the soviet union, it won't happen again, people have calmed down with the current situation.

There are some controversial claims here. First, it's not a fact that it's greediness and desire of power that make us intelligent. I'd say it's actually our curiosity and ability to cooperate. As for a scenario of one nation, it's not productive. You see, it's actually diversity that helps to develop new things. If you get a bunch of very similar people, they'll come up with very similar ideas and have very similar biases. It's counterproductive for scientific research. People with different backgrounds and values can achieve way more because they can offer a variety of ideas and create truly innovative approaches. Also, humanity is just full of many distinctions, so being one nation isn't exactly possible. But we can and strive to be a multitude of nations that respect each other's differences. As for a global currency, it's more realistic because it's convenient to hold the same thing valuable enough to function as a medium of exchange, but this can work only if nobody's in control of this currency (it has to be decentralized), and even then I don't think humanity's ready for that yet.

If you look at the last century there were two world wars that lasted a total of about 10 years, and a few more conflicts like the Vietnam and Korean Wars - but all this together with the consequences of those wars would not take us much further in science and technology from where we are today. Some might say that there would not have been such significant advances in space technology had it not been for German scientists working on various advanced technologies (https://www.smithsonianmag.com/smithsonian-institution/experimental-nazi-aircraft-horten-180974154/) during World War II, and those same scientists were then recruited (or captured) by Americans and Russians, with the former snatched better prey.

If there were no conflicts in human history (over the past 5000 years) and if all nations worked together, the world would surely be a better place to live - but far from colonizing other planets, it is a very complex thing that will not happen for decades - in the sense of mass colonization of the Moon and Mars.

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It is true that there are credits for replicators or for the use of holodecks, but as far as I know only on their spaceships and stations in order to ensure that everyone has equal access to resources and does not abuse them. However, I am not aware that there are medical credits - health care is completely free for everyone. Interestingly, I found an article that even mentions Bitcoin in the context of Star Trek - a very interesting read for those interested in the concept of a non-currency-based society.

You have a valid point here. War encourages humans to push their limits and race against each other for invention. There are many technological achievements that have been gained because of war. Not all of them were meant to use in war but war creates the environment for speeding up technological improvements to serve a military purpose. Later these military improvements integrated into the civilian sector for other purposes too.

Too many world leaders in the world - that makes it impossible to turn whole world into a one nation. I dont think that any world leader would voluntarily free his position. Too many individuals in the world, making it impossible for to unite nations. People would never agree on one country name, laws and etc. One nation is possible only in movies and books.

With one currency it is easier, but still hard to achieve. We have US dollar accepted in 99.9% of countries, because people believe in the strength of US economy, but people will hardly make it one single currency in their country. There always will be an alternative.

The poster is a prophet.
When you examine what is happening in the world today, you will understand that every efforts is tilted towards unification, unity and harmony.
Countries are signing peace agreements and setting accords.
I read sometimes that West African countries want to unite and have a central strong currency.
There is high level of preaching against racism.
I so much believe these two general statements "Though nations and tongues may differ, but in Brotherhood we stand"
"To make the whole world one is a task to be done"

It is good the OP understand human created boundaries between themselves in the beginning and this happened at the early stage of human creation so would they choose to develop one nation and one currency now?
From my understanding, a part of Bitcoin being a decentralized coin I believe its ability to unite the world is also one of the reasons why the government is against it.

What I think it possible in the future is the government creating their own CBDC.

In my opinion, it is impossible to create a peaceful world without division, creating a nation under the standard of the same currency will be difficult, because every human being has an ego that thinks himself is better than others, maybe by imposing one currency for one world, of course. maybe we will return to the colonial era as before, because only the superpowers like Russia and America would certainly have the will and considerable power if it was appropriate, and if these big countries could colonize all the countries in the world , of course they will enforce one type of currency, either usd or rubles, as was the case during the ancient Roman and Persian empires, in which the romans or persians would oblige all colonial countries to use the same type of currency made of gold and silver as dinars or dirhams.

Historical speaking that is not possible. Nothing in our history explains there is only one unity on earth.
I don't know how long human lived on earth but in the history of our civilization, we only know about 6000 years (https://www.universetoday.com/38125/how-long-have-humans-been-on-earth/). If we learn about our past, there will be many conflicts when some state wants to rule the world. Historical (https://en.m.wikipedia.org/wiki/Superpower) superpowers include the British Empire, Ancient Egypt, the Hittite Empire, the Achaemenid Empire, the Hellenistic Empire of Alexander the Great, the Roman Empire, the Sasanid Empire, the Maurya Empire, the Mughal Empire, the Russian Empire, the Tang Empire, the Umayyad Caliphate.

maybe all humans on this earth should have the same goal the same enemy to ignore our personal interests

Then it wouldn’t be called science fiction ;)

It would be really strange that human attitudes can change in the sense that people should not be enemies to each other - but the problem is not ordinary people who just want to live normally, but those who have the power to control all these people. Is the average Russian eager for war with Ukraine or is the average American interested in imposing sanctions on China or Iran? Of course, this is never the case - corrupt politicians constantly want to keep nations in some sort of quarrel so that they can still enjoy the power that comes from all the chaos they produce.

I quite agree with what you say because what you say is true.
when there is no conflict and friction then everything will be monotonous and it is actually not good enough for human survival because there will be no competition, no power and plate life.
but indeed on the other hand there is a positive side and a negative side actually in this case because indeed in this case conflict also has a negative side which is quite detrimental for some people.

Rather than one nation one currency, the world is actually becoming blurry on regards to what is a nation, what is a border, what degree of independence does each part of a country have and what are the rules that govern each territory. For example, you can argue that Germany and France are different states, however you can freely move people, goods and capital between them due to the EU treaty. Then you can argue there is no border between Aragon and Catalonia in Spain, however if you live in Catalonia your kids will not learn Spanish at school unless you specifically choose so. You can argue that UK is a estate, however there is a border in North Sea due to the Brexit treaty.... and so on.

What is a nation then?

One nation one currency is always an imaginary thought. From the ancient days it is possible to see boundaries, different cultures, different languages and different civilization. This means people form a community and have their way of living which differs from other communities on different parts of the world. The same is being followed till date and people are much adopted to it rather than one nation one currency which in reality isn't a possible one.

LOL, the OP is probably daydreaming and imagining this while sitting with his popcorn. I'm not really sure what he wants to ask despite the possibility of having one currency for the whole world as the equivalent. This is something that is completely impossible now, in the future even hundreds of years after now.

USD is also not a legal currency in my country as a legal tender and maybe the rules are the same in other countries that have their own currency. As with bitcoin, we still need to convert it to fiat (local currency) before we spend it. To achieve one currency that has the same value then bitcoin may have been an alternative at this time.

The firs boundary I think is our gender. God created the humans differently, there are male and female. Both genders needs privacy. Fast forward, after that, there are now wars because some are power hungry and want to dominate this x country to make it their own. Till now this still happens, there are still wars but not as heavy as before.

It will be nice if all countries unite and create no more boundaries and will this be more possible because of bitcoin? Because bitcoin is not created by a specific country right? Anyone can use it. We do not need different fiats anymore but bitcoin will be enough for all of us. I think living that way is more fun and peaceful is not it?

We have a first step in that direction: the Eurozone. Although there are many problems, it has lasted more than 20 years already. A monetary union that was not imposed by wars but by agreements.

Globally, I don't see it either, like the rest who have commented. Maybe in a long time, but if it comes to be done, there would be small previous steps as has been done in the EU, but with some countries joining and sharing currency, before reaching the utopia of a single country and a single global currency, which hopefully will be the Bitcoin.

Just thinking about it sounds too utopian to me.

For us bitcoins enthusiasts, it will be our advantage as we have more bitcoin than those who never have entered the crypto market. But if we are taking the sides of regular people who only know fiat, and the government that has never supported it, having bitcoin as one currency will always be a fantasy and very unrealistic. As long as fiat exists, there can never a place for bitcoin as a nation's single currency.

That’s right. When people talk about one world and one currency I don’t believe it. If it was possible that it was going to happen, then it would have happened in the past and not in today’s world where a lot of things changed. Even the amount of racism and tribalism in today’s world wouldn’t allow such thing to happen, there would be too much of favouritism of leaders over their own tribe and other tribes would feel sidelined and would start fighting for leadership and before you know it, the unity has been broken. And having such would bring up the question of which tribe should lead, and lead to disagreement.

And moreover, countries fought to gain independence, forming a one government and one world would make all that fight for independence to be meaningless.

Basically, it is done based on the law or regulation in the country. Officially, there must be one currency that is used. But commonly, there are also some accepted as payment methods in certain platforms or merchants. But the basic accumulation is still the one fiat that is regulated in the country based on the law. We know that every time related to the law will be very complex. One currency may be very complex to manage and control, how it will be more than one officially used together. It may be more and more difficult.
but at elast, as long as the country also doesn't limit the use of some digital money, it is okay enough.

The problem with currency is inequality of prices and salaries. If the world has one currency, then it will turn that in one country you must spend  10 "unite currency" to buy a bottle of water, but in the other it will cost 0.0001 "unite currency". It wont be a problem with banknotes, but what kind of coins then there must be? from 0.0001 to 0.5? People would carry bags of coins to exchange it to one banknote. In one nation the prices and salaries must be also identical for every country. But why should people then work for less, while others will work for a bigger salary. It is impossible to balance on price in every country and set everything unified.

Sad to say there is no perfect world, and since time immemorial, there is conflicts in human history. So I doubt that there will be singularity in the world, and that one nation, one currency wouldn't happen unless there is some high being intervention (but this is from the realm of imagination). So to answer your questions, NO, it is not possible, and obviously there will be no benefits whatsoever.

I do not think that can happen because humans will not explore other places, giving them more knowledge to create or invent many things. Humans will stay in one place, trying to survive and create things from whatever they can get from that place. Sooner or later, when the resources are gone, they will move to the other place and not try to go to other places.

If you think we will become like what you saw in Star Trek or something similar to that movie, I do not think it will happen. Maybe if there is a big crash to the earth and force many humans to die and only have some colony, that can have one currency because they are united in one place.

And now, we are separated from many places, make us want to have one thing that will be different from the other such as currency, language, geography, culture, or other and that will show our identity to the other.

It is just an attempt to do something similar to the US (United European States), but with the difference that this is about different nations in every respect (linguistic, economic, political, cultural ...), some of which refuse to use the Euro as a common currency (Czech Republic, Denmark, Hungary, Poland, Sweden). For me personally, it is a bad monetary union in which the ECB has too many control mechanisms, and all eurozone members obey its decisions.

The UK's decision to never join the eurozone proved to be a positive example, not only in terms of Brexit - but also in the fact that the UK began implementing its own economic recovery measures after 2008, and eurozone members did not do so until 2015. I have always been for individual responsibility and decisions, but that is still just my opinion.

We do not need to become one country and have one currency before we can start working towards having a better world and invest in resource development. We can have one everything and the world would still continue to be a very weird place and even get worse.

So, it’s not really about having one currency and one country. We can do better even as we are right now. Our problem is pride and lack of unity, and greediness. Maybe if our leaders can come together for the good of humanity and without even forming a one government, they can start working towards a better world by collaborating with each other, it’s possible.

I do think that this is possible and hope humanity can reach to have only one country with one currency. This would also mean to have only one government that takes care of all the people in the world. As long as that one country is based upon freedom and equality it should be the goal. The biggest hurdle to reach that a world is religion in my opinion. Religions are different all around the world, people pray differently and have different customs, and every religious person says that his god is the real one. Too many wars have been fought in the name of God. We need equality for the world to work together. The more technology advances the less religious people there will be. In a few hundred years we could have only one country on earth with one currency.

With all the conflicts around the globe right now? may it be political, or religion I doubt that we will have hope on humanity to reach an agreement and have one country with one currency. It will take a great deal on the leaders around the world to unite and form this one. Even in the UN and other governing bodies, like G7 there is already conflict and back stabbing, so this is not a viable proposal in my opinion.

Your point of view has made it clear that we all don't want conflict who end up killing each other. That's why our politicians & leaders don't have as much power as kings in our history book. Actually if you compare in the past, our world is more peacefull than before. Thanks to the internet & technology so we can connect each other and can read the world news

even though we can't be one nation, we already have the United Nations :D
there will never be a single currency in this world as cryptocurrency is not just bitcoin

Do you know why the world is more peaceful now? In the past, all the power was consolidated to the king and the king can do anything they wants to. But now in a democratic country, you can not do that so easily. Also, nuclear power gives some balance to the world power and that is why North Korea can threaten the USA but fear to do any military conflict. In the past biggest and more trained army win the battle but now one single nuclear strike could turn the tide no matter what's your army size is. The nuclear weapon is the most dangerous weapon in the human's arsenal and this is the reason we haven't seen any world war till now. World leaders understand mind your own business is good for everybody.

This is the type of thing that I have thought about over the years, wishing that we could just all get along in harmony, work toward one common good etc.. but the problem is that were are too divided by our beliefs, one group believing one thing is right and the other believing the opposite.  This is why I don't foresee this as possible any time soon, but it's a great thought!

No conflict? only enough to eliminate the nature of lust and greed that exist in humans. Unfortunately, the world is designed to balance Yin and Yang, however, we live in a world full of question marks, between yes and no. So if ideally, harmony occurs, the first to second world wars will not be created and will not cause an economic crisis anywhere. The greed of mankind has made the world unbalanced.

The greediness is not even the problem, the wealthy are select few and they do not have enough power to change things. The main problem is the poor that supports the rich people. How many millionaires are there in the USA? Around 20 million, what is their population? 330 million, how many can vote? Basically more than half of that, near to 200 levels but we know that won't happen.

So, what we can see here is that there are nearly 150 million people who could vote to get someone elected who would close the wealth gap, and use all of that money to make the nation a better place for everyone equally.

But, there will always be people who will say things like "but they work hard for it and you want free stuff!!!!". Well everyone works, the doctor works as hard as the nurse and they work as hard as the teacher and the mechanic but some people have 300 billion dollars whereas there are people with less than 300 dollars. I am fine, I would be one of the people who would have to pay up, not get money, and I still want this.

One nation, one currency. But dont forget, this also comes with one leader.

Decentralization is the way to go.
Centralization of power and decisions will hardly be good for individuals

People obviously do not understand that part when we talk about the EU and the fact that 70% of all decisions are made in the EU parliament - and then only formally confirmed in national parliaments. States that defend their national interests are fighting against it, but there are many who accept whatever is asked of them, even to the detriment of their own people.

Some people mistakenly compare Bitcoin to the EUR or US dollar when they talk about some common currency, and these are completely different things. The euro has centralized the monetary policy of the eurozone to the extent that the ECB decides how each member state will manage its wealth. One should remember the example of Italy, which has major problems with external debt, which currently stands at over 150% of GDP - and the fact that it is a country with the third-largest gold reserve in the world, but the idea itself was initially cut short by the ECB (you cannot sell gold to pay debts) - which is absurd, to have so much wealth and not be able to use it for your own country.

I do applaud your thinking and, the unification idea is something I do hope for, but if that tends to happen it can only come in the far future. Crypto is a good example that one currency at this point is not even an option, because if we really, truly, were ready to evolve, then BTC would be a great starting point and we would stick with that, but we didn't and we have diversity. However, in crypto, unlike FIAT, diversity (at least on some levels) comes from technological, and not cultural diversity, and if anything, that's a step in the right direction.

Probably, each of us thought about what would happen if there were no wars and other conflicts between states in our world and there was only one state on our planet without language differences. We know that in practice there is not even a single year in us that there are no wars on the planet, and yet they lead to great destruction and great material and human losses.
In this regard, it can be stated unequivocally that then both the material and mental efforts of mankind would be directed to the development of science and technology, the knowledge of our capabilities and the world around us, including the exploration of near and far space. By this time, we would have a completely different society, with the highest technology and amenities for people.
But we are not the first human civilization on this planet. There is an opinion that it was technological development that ultimately led to the destruction of mankind.

Yep, that's what happen in our world right now.

In history only us, the human species has killed each other more than any other species.
Because we are at the top one of the food chain, there is no enemy who can challange us more than our own species.
We struggle to dominate each other, kill others if they think it's necessary
Who knows in the future maybe another species will come to earth and dominate us so that circumstances will bring us together as one

The conversation goes further by talking about another species? do you mean the alien who will unite all? one world one currency? The world will still be in a different financial system but Bitcoin can be an alternative for everyone to use without being discredited with other currencies. What is certain is that the hope is that Bitcoin can enter all countries' financial systems without any more conflicts that we often encounter by institutions that do not like decentralization.

I think we humans have never created boundaries for us, boundaries are actually created by our circumstances and our limitations, for example in the past boundaries were created due to limitations of travel and communications, this was the reason why states or kingdoms were built. Gradually kingdoms turned into large countries. Now as mobility has increased so much we are thinking of just one nation. I think it's just a matter of time and eventually we will become one world one country one currency.

This is definitely will not happen. Given the fact that there are countries who are underdeveloped, developing, and developed countries, the variance among their respective treasuries and value of currency would be against the these poor countries. The rich will only become richer, and the poor will become poorer as they will be deeply prejudiced with this kind of setup.

Though having one universal currency may sound a good idea that could potentially solve issues with regards to transaction, I honestly believe that it would bring more harm than good.

So you want to change history and create a new one, whatever you do it will not change anything because basically humans has a herd mentality and it is not going to change as long as humans are alive.

The prime example regarding the herd mentality in the cryptocurrency space is, we started with BTCitcoin and what happens if everyone follows a single currency and not thousands of currencies. That was not the case here, even in BTCitcoin we have separated into different herds of big blocks and small blocks.

It is a dream scenario which is impossible to achieve. If you are able to convince a small group about one ideology then try with a bigger group and you will understand it is basically impossible to convince everyone ;).

To this I will add that any attempt to try to do something to unite all countries in a single political union will have to disregard democracy, whether the union is achieved though war or by political means whoever is on top of that union is someone that will not be elected by the people, so they do not really have any legitimacy as they do not really have the support of the population to take any decision in their, which is something that we see in the European Union and it is one of the most important complains against it.

If the one world currency ever comes to existence and it's centralized then it will be a call for another world war. Why do I sound this way my point is favouritism and marginalization would set in. The only way a one world currency would definitely work out without having to cause choas amongst nations is to embrace the decentralized technology. Where trust and security is built upon a network of p2p computers anything outside this could be disastrous

This idea of one nation, one currency is not something new. It has been tackled ever since, but it didn't worked out. Although it has its own advantage like having a free trade since there will be no additional charges that will be added, but knowing each country has different economic conditions, then its hard to adopt a single currency that will be most benefited by all.

Personally I have never been able to understand why people want something like this, if there was a single government then they will be incredibly authoritative, if we think that things are bad as they are right now a world in which there was only one country would be terrible as there will be no other options, right now if the country where you live is too oppressive you can always leave and never come back, something impossible to do with only one government.

If you are religious then you better hope it never becomes one currency lol

Finally what the single country decide will turn to be a disaster and it serves to be the central authority for everything. This doesn't happen and it is against the democracy. Another important thing is the State's control gets missed. Right now the lower body is the State authority. Central powers make decisions to some level and the rest is taken care by the State authority. With one nation one currency the lifestyle and the culture being followed will gets hidden.

Only supper power countries would want to see this to happen since they want to control the economic state of all country and want to dominate it. But in reality this will never happen since we know many country will not agree this to happen and its against to their democracy also this will put their country in danger since they possibly get control on the country who's top on this plan. Hopefully this will never happen since we might face the worse scenario if someone succeed this to happen.

What i mean is we can't be one world one currency without conflict.
There will be somebody who want to fight for it.
There will be more conflicts because our difference.
Who won and who lose becase in the end it should be the one who will win above everything else.
Even bitcoin will be the one, it will require altcoins for bitcoin to exist.

Humans are naturally selfish and greedy. The rich wants to get richer regardless of the consequences on others. The source of wealth of rich nations mainly comes from the exploitation of poor nations. There will never be a time when nations will open its borders for free flow of goods and services. There would always be trade barriers to undermine other countries efforts to get rich.

Developed nations sabotage the efforts of developing ones so that they can sell their goods to them. How would China not sabotage the efforts of African Nations to achieve constant power supply when China's biggest generator market is Africa?

The UK refused to us the Euro and recently left the EU,  European nations are secretly nursing the same ambitions. How would there be ever a one currency when one of the greatest economic tools of exploitation is currency?

Maybe we will see bitcoin is adopted in all countries but as an alternative, so there will be no one currency but bitcoin existence supports the fiat and gives people more options to pay. It is not easy to adopt bitcoin in all countries without any conflicts happening to that countries as they have their own government and have their own reason why they still use their fiat. Bitcoin is not about forcing all countries to adopt but bitcoin gives the opportunity all of them and if they do not want to use bitcoin, then we can let them like that.

Are we talking about one currecnty for one nation or one currecny for all the nations. In the later one, one currecny for all the nation, i can only think of bitcoin to be used as a global currecny. But it is hard to make a concenses among al the countires to align them to use a single currecny.
If we say that every nation should have its own currecny, then i don't think people will be willing to invest in these digital coins where the government would have complete control over its distribution and supply.

There's no way that the entire human population can become one nation.
A nation is being formed for centuries.Every nation has it's own language and culture.
Do you really think that all the nations in the world would just decide to unite into one nation?
The idea of one global currency has been shared multiple times across the human history,but I don't think that most of the countries in the world would agree to abandon their monetary independence and to adopt a currency,over which they have zero control.
Gold and silver were the true global currencies,before the adoption of paper money.The world will never return to using gold and silver coins for every day transactions.

under the command of one leader and under one currency it sounds good but to be able to make it happen takes a lot of work.  The world has so many different mindsets, traits, education, climates and experiences, so it's hard to put them together.  other than that the cost of needs in each country is different ^{(we will not be able to equate the cost of living in las vegas with zimbabwe)} so i think "one nation and one currency" is not so good.

It will be difficult for the world to have one currency because many countries are used to their fiat currency and they seem their currency as the best currency in the world. Even cryptocurrency that Satoshi created to unit the world,  many countries don't accept it in their country and those that accepted it before are now banning it because many citizens who understood decentralized currency no longer show interest on their currency.
I don't think it will happen to the world, to start using one currency all over the world because no country will allow other to control their currency . There will be always Miss understanding in the pumping and dumping between two countries who don't have good ideas on cryptocurrency.

Well in a world where there is still so much racism, humans will remain divided no matter what, if racism become irrelevant in future humans will give some other way to discriminate each other. And such species agree to one currency well it is positive thinking but not gonna agree. I mean even so called European union is failing slowly, uk is out other will follow. So yeah good thinking but not gonna happen I mean people will start punching each other if given chance even here over your question.

There is no way there would be a world of nations without boundaries. Of course, its sure to remain in your imaginations as its never going to have some realistic form to it. Nations of the world are even sick of themselves and always after what they could gain. Having variant resources for which they claim ownership and exchange as they please.
Imagine you having a land and then, some one comes to explore the resources there in. That's what the world with nations not having boundaries would seem like and in turn, conflicts/wars. Its never going to be possible!

It's good to see some countries allow bitcoin as a payment option and moreover some recognize Bitcoin as an official national currency. We love to see that.
But most countries see bitcoin as an asset not money, This means they will ask for taxes just like your home and your car.
Bitcoin is also about freedom, so we don't have to react if some countries ban bitcoin unless it's in our personal interest.

Hahaha that was @OP's idea to discuss this. I know it's unrealistic

If two neighbors are arguing and fighting for a parking place, or can agree about the height of the fence between two houses, the how is will be possible to make "one nation and one currency" ? There will be always who disagrees or have different point of view. Everyone will try to get maximum benefits only for himself, that is why it is impossible to get single or average one for everyone.

P.S. Actually there is a way to create one and only nation or currency - kill everyone except one girl and one boy, destroy everything. Let them repopulate the earth and build everything back. But this plan might fail if these two would be lazy or stupid.

has become the nature of 1 country 1 currency, from the time of our ancestors, maybe you hope that bitcoin also becomes your country's currency? difficult to answer if the problem of your desire,
I can't understand if 1 country has 2 or more currencies, it is possible that 1 country has several parts if each part has its own currency then each part will definitely claim that its currency is the national currency of its country (complicated to think about if it's too deep )

Agreed, even if back in the day each country had their own currency since all of them were based on gold and silver the only thing you needed to do was to know the weight of the coin and the purity of the metal to know what was the exchange rate of each coin, so while not a perfect system gold and silver have been the only true forms of money in which we could say there was a global agreement over their usage, however even if we could go back to those days it will be impossible to unite every single person under a single country.

I can't say it is impossible, but it is unlikely to happen for me. Since each country has its own goal and characteristics, even they have a different perception about the future, there is no way to unite all the countries. So, it is only a dream to expect having '1 nation and 1 currency'. Talking about the advantage, I'm even afraid that idea to harm all people in the world. I imagine if we have 1 nation (country), how if the king/president is corrupt? I suspect all human life will be threatened, without any other major institution to help. In conclusion, having varied countries aims to maintain stability/balance in the world.

#One source that tells us the advantage-disadvantage of having 1 country/1 nation: https://insh.world/science/what-if-the-world-was-a-single-country/

Every country in the world wants to launch their own currency but no country like Bitcoin will be able to create their own currency. The task is done by converting the currency of one country into the currency of another if other currencies are more established and widely used then perhaps this currency will become quite stable. This is the reason why most developing countries rely so heavily on the currencies of the first world powers the us dollar bitcoin is so popular because it is not stable.

My views and opinions are the same. One Nation One Currency! This is possible only in the world of fantasy, Not in the real world.

Because people are just crazy about their own interests, no one cares for the larger population. So, there will be only one nation and everyone in that nation is investing all their money and resources thinking of science and technology development is nothing but a fantasy.

And there are still many underdeveloped countries in the world.  Expenditure is more than income. Why would the developed countries want to be united with them?

We need an ecosystem! We need diversity! One nation, one currency simply can't work! And why would we go that way anyway when we have crypto?! It's an ecosystem we need, all coins and tokens can work together, every little company can have their smart contract... it is diversity much beyond what national (fiat) currencies can offer! Take all of them for example, being developed for centuries, worked on, and yet crypto managed to outshine it in just 10 years, in all fields... of course, technology now allows something like that!
The world should be open and free for all, I don't think there's a way to describe a global situation in a few lines, it's a circus, kindly spoken, but I guess we are far from a free and open world for all the people despite the color of their eyes...and the colors of their flag or religion or I don't know what! Simply there are too many "burning situations" in the world, and there's no way that some of them can be solved in the near future!

You have a nice vision OP about one nation, one currency but its more likely to be impossible than expecting it to turn into reality. This has been introduced already during our ancestors years but still did not make it. So probably, much more today that it won't definitely happen. Individual countries have their own special needs to address so there is a need of economic strategic plans that will fit in each country. And each country may have its own personal interests that other country don't find it interesting either. So there is really conflict by then, that makes it very impossible to agreed on a single currency for all the nation.

One Nation one currency This is not possible for another reason.  That is, each country is an independent sovereign in its own position.  And you know, most of the countries have had to gain this freedom through a bloody war. If this concept of "one nation one currency" will be proposed to them no one will accept that. No one wants to give up their freedom to others.

I don't comprehend you, are we not making use of one nation one currency, many countries is making use of different currencies, like African countries has varieties of currencies in their geographical environments,  so what are we arguing for? I thought we are making an emphasise tthat every country will assemble and start making use of one currency, i know it will be impossible because some countries wont indulge in such concept or ideology, and again nation currency is valuable according to their economic generation and that's makes every Nations independent of their revenue, the only currency that is national and worldwide currency today is all the digital currencies.

There are many things that will stop  the dream of 'one nation one currency' that OP is talking about, here is my thoughts

1. What about different cultures and tribes? Its certain that they won't get along very well
2. Humans will always fight for power, there will be some who will want to be above others by all means
3. Since Adam and Eve ate the forbidden fruit humans are already cursed, we are full of sins so jealous will erupt, war will take place
4. There will be law isn't it? There will be rulers, kings or government, even North Korea maltreats their own people, you heard me? Their own people.

The truth is humans will always be humans.

There will be nothing happen in the world like this what are you thinking .The whole won't want take make one as you said we have created the boundaries and the greediness makes us always separate .One more thing here is the powers and also the separation of rich and poor .How could the rich countries can dominate to the world if there not become separate .So we can't expect it on the world without having on the dream .However the reality is we can use a currency on regionally with few or more countries like Europe are doing .It could easily done .You can think more about on one nation and one currency but in reality it will not be possible .So better to spread the knowledge about technology and developed individually and after that we can really make our own nation to up on the whole world .

One country one currency is possible, one country two currencies is possible, but all countries for that one currency is not possible.
OP, you can imagine for yourself whether you can or not, but so far many countries have never legalized foreign currency in circulation legally as a means of payment.

I know you want bitcoin to be a global currency that can be used as legal tender in all countries of the world, but believe me, governments will never like bitcoin because it is not a currency they can control. The decentralization of bitcoin is something that goes against the government's idea of ​​a currency. This will not happen. In addition, there are many other centralized currencies such as fiat which also cannot be used as legal tender in countries that do not legalize it.

Theoretically and even from a practical point of view, it is possible to create one nation and one currency on our entire planet. Yes, so far in the history of mankind we do not know this. It is very rare on the planet when you can name a year or even a day without wars. Something grandiose must happen for humanity to unite in the face of a common threat and unite. It can be a giant natural disaster or, for example, an alien attack. After a significant drop in the population of the planet, such a solution is quite possible.
Of course, if there is one nation, common efforts can be directed towards solving universal problems, for example, creating ideal conditions for life on Earth or space exploration. This is much better than wasting energy and material wealth on eternal wars among themselves.

Well, for such a future to come, someone will need to destroy all other nations, and then it is possible that there will be one nation and one currency in the world. However, as history shows, such cases have already been and in the end they ended in failure. From this we can conclude that in the future, at least in the near future, this cannot be, although there are those forces that would very much like this. But even if we assume that this will happen, then you need to understand that those who survive will be under complete total control and it is unlikely that something good will come of it.

Your statements are somehow confusing- one currency across all countries may seem impossible due to the fact that it would be prejudicial to all countries.

Imagine, the value of such currency would depend upon so many factors that a hegemonic country would be the total basis of such. Third-world countries would be heavily prejudiced in this kind of system especially if developed countries can somehow manipulate the price as they will be considered 'whales.'

As per BTC, it cannot become a currency due to its inflationary value and nature. Imagine that gold were to be come the currency of the world- a non-renewable resources; so its prices would obviously skyrocket.

'one country one currency' is just a utopia..very beautiful if we imagine but it can't happen

as long as there are people who are racist, too nationalist, intolerant then 'one world' will never happen. it is impossible to brainwash, reset the minds of billions of people who are already attached to difference LOL

Humans can invest all their potential and strength in technological and scientifical development without being necessary to have an one world currency or nation.

There isn't actually a good reason to make the whole world a single and plain nation, because what makes the world interesting and exciting is the fact there are many different people, cultures and ways of life.

Meanwhile, different national currencies guarantee sovereight to the people and the rulers of a country. It's also a tool to protect local economies against foreigner financial manipulation.

One nation is literally not possible, if some country is proposing this idea then it will end in a war and probably it may end the human civilization as well because many governments have nuclear weapons so of they don't have any other choice then they will go for the extreme and the consequences will be there forever.

And also it is not going to benefit anyone unless we give every people the equal amount of stash and make them financially equal.

The desire of a country that forces to implement one type of currency in the world, of course, will get pressure from other countries who may also have their own thoughts later, I think if that happens of course division and war will eventually become one of the tools to Forcing that will, I think with the various differences that exist today actually make the world quite beautiful, but it's the people you mentioned who actually make a difference like a very scary thing and ultimately make the world worse today.

War immediately? How about they relax and talk calmly. It is just a proposal anyway and they are not forcing the other country to agree with this idea. To me, this can bring great benefits because people can focus their energy on improving their lives and not on how to become stronger than the other where there is no real benefits with that but it can only risk their lives and the people living on their country. If that happens now one will be poor or richer but all are equal.

Being equal is a long time wish of most people because they are already sick being poor. When there's one nation, there's also no need for other currency but bitcoin is already enough for all

very insightful and easy to understand. Of course the difference makes the more beautiful. The diversity of cultures, ethnicities and ways of life in each country will give a different nuance. If all in one sovereign nation and with the same 1 currency, of course it will not be good and life will be monotonous and uninteresting.
1 country with 1 currency is something that doesn't need to be debated, even if bitcoin is adopted, bitcoin remains an optional asset that can be chosen or not and Fiat remains the main currency

This is actually a kind of radical globalism I suppose? Yeah sure, it will work, we are presented with lots of enemies as human species be it climate conditions or any other forms of dangers as well, we need to keep this planet safe, the thing is we have to understand that this planet is like a ship and if there is hole in one part, it will slowly but surely engulf the whole of the planet, and hopefully one day we will understand it and use the most important resource that we have which is human resources thanks to our population, we will need to collectively work without any boundaries in future :)

Human kind has never been a one nation which is something positive. If we were one nation and had one currency, it would have also meant that all other nations and cultures did not exist or had been eradicted from mother earth.

This is called globalization and it's steadily progressing, just over 20 years ago the European Union did not exist as it does today with a single currency. However while it is nice to think that all people can and should be able to work together, there are a lot of leaderships in countries who enjoy the power they wield too much to ever relinquish it. There is also the thought that a single unified government is not a great idea, because it would be able to, if not required to, suppress small rebellions with force in order to maintain unity. This means that anyone who disagrees with the status quo, who likely wouldn't have the power to change anything, could never meaningfully protest or progress change, so be careful what you wish for. With great power comes great responsibility, but history has shown us it is often abused by one leader eventually.

yes, it's possible by only decentralizing the system otherwise it's not possible cause only Bitcoin or ETH or another nice coin can make it.

I think that in the current situation it is not possible for everyone to live together under one roof or, as you say, to be one nation. There are a lot of contradictions between nations now, and this is shown by the policy pursued by some countries. Moreover, in addition to contradictions, wars are being waged, both real and political and economic. As you can see, there are a lot of problems now and without their solution there is no way to start living together as one nation. But it is certainly a very good and correct idea. Personally, I would be very happy to have one nation, one currency. I think this would contribute to better development and greater success in all spheres of human activity.

In context to what is contained in OP, there is never a way inwhich, the world could be united in a sole government umbrella. Nature have so well created boundaries in the way humans think, behave and what bonds one group of people from the other, as well as there differences.

Thinking of a sole world we're everyone share there human and capital resources is thinking of the impossible. Even cryptos preachs a unification as it comes without boundaries and has a general acceptance nature to those who knows and tries to explore its values but there isn't a way the nation of the world could agree together.

The best we could have is to better what we have now and that is, an established exchange market to determine value and share our resources for the development of our various worlds. Being so knowledgeable as the big brains comes with some disadvantages too!

No, it  wont happen even on my wildest dreams considering that we do have different type of government which its impossible that everything would be ending up on a one currency kind of nation
which is something that cant be possible no matter what.Interest and plans would really be in conflict in between which do simply signifies that this one cant really be that possible.
Yeah, we know on what would be its pro's if it does happen but it would surely just remain as a dream.So better not to mind nor stress out yourself about this one because it
wont really be happening anytime soon.

until now, for me "one currency, one nation" is impossible...

I say this because what I have noticed, in this world there are still many adherents of supremacy who consider their ethnicity, skin color, nation, language and currency to be the highest compared to others. if they still dominate then it will be difficult to realize the dream of "one currency, one nation"

and also there are thousands of languages, nations and customs that have been created in this world, to eliminate them is almost impossible.

So honestly speaking, this one nation, one currency is very impossible to happen. Even if we know that there is bitcoin who can bind us together and gives us freedom away from the national government, but in reality this is not the case. Bitcoin is just a tool, and what hurt us more is that it can never be a global currency like we always used to dream of. Bitcoin can't stop war and chaos, and there's always supremacy all over, so bitcoin won't be able to change what has been there since from the start.

OP, it seems to me to realize your dream is very unlikely now and in the future especially if to see all countries have only one currency (bitcoin or other). I don't think it could happen in the future either in the next 50-100 years or more, but it is still possible to feel the growing adoption of crypto as an alternative means of payment to fiat.

The government wants centralization for its financial system and so far almost all countries in the world have their own currency. It's not easy to expect the world to adopt a single currency, so it should be a dream that won't come true.

Government doesnt really like on things which are decentralized or cant really be controlled thats why thinking for Bitcoin to be one main currency then this wont really happen even in our lifetime.
Its true that most likely it would be ending up to be a side currency on which people could really deal off with or would be having some options.So its better not to mind off about
the possibilities and just like what most people been saying on here that its really that impossible for it to happen.

Of course the state must be able to control the state finance system so that the state only allows 1 currency, even in my country there is a prohibition on using foreign currencies for transactions, if transactions use foreign currencies, it is certain that many problems can occur and economic control can only be done if Seeing the performance of Legal Currency.

That will never happen, the countries that are the leading powers in the world have no reason to integrate and live in the same house with poor countries.
This is too farfetched, all governments have different crazy dreams they will never lose their power or share it with anyone. The wars happen mostly because they crave power rather than building a peaceful world, that's how the world works.

"One nation one currency" debates will end when everyone starts to discuss which currency will this one and what nation will be selected as a starting point. In fact, this will lead to a more fragmented society. Nobody will want to loose their individuality. Every single person is unique, and that is why "One nation one currency" will never happen. This can be possible only in movie, where is only one tyrant leader. And we all know how this movies usually ends.

Really, well I have known some countries who prohibited using foreign currencies in their local economy and with that the main reason why it is prohibited is the thing we don't know. Here in our country we are still centralised using our own fiat currency and even though we are not prohibited using foreign currencies but we can't use it either so we still need to go on a money changer and exchange it to our used fiat. Regarding on the statement of one nation one currency was and always the main concern of each nation.

Yes, I believe that in the future Mankind will be one big nation. 

This will be facilitated by neurointerface technologies.  People will be able to feel emotions and experiences of each other.  Enmity and misunderstanding between people will disappear.  On the one hand, people will retain their individuality, on the other hand, they will be able to unite their consciousnesses into a single supermind. 

Such Mankind is described in the fantastic novels of the humanist writer Ivan Efremov "The Andromeda Nebula" and "The Hour of the Bull". 

Will such a Humanity have a single currency? 

With this level of development of people, they no longer need currency. 

There will probably be reputation tokens that will evaluate the contribution of each individual to the roadmap for the development of Humanity.

Well I don't recall such prohibition in our place, especially where the foreigner goes or spend their time like resorts and other sorts of places. I remember one time on a known beach resort they accept dollars for payment of their services, so it just depends on the country and their rules. I think there are advantages too, because the people who received foreign currencies exchange it to people who are paying taxes so the government could get profits from it, or maybe not.

This idea will never be a possibility because of nationalism. As long as people do not divide themselves on the basis of their nationality, skill color, or language then it will remain a dream forever. We need to think we all are equal as human beings and white is not above black or an English man is not above the class of an Asian guy. If we can not put equality among all the people of the world there won't be tolerance among people for each other for their difference.

This can never be possible mate, because even from the beginning, (I mean from the creation of heaven and earth) it wasn't so, God almighty Himself created the world, and people and separated them by nations, in the days of the old testament, there were several nations in tht world, but God choose Israelite as His own, why did he choose only Israelite as His own? Why not the entire nations of the world? He even destroyed the nation of Egypt just to make sure that Israelite is set free from captivity.
This is something God had ordained right from creation, if God wanted the entire nations of the world to be one, He would have made it to be one right from the beginning of creation.

I hope there is 1 or 2 global currencies so that it can be a global price standard, and in my opinion crypto is a better thing than fiat so it is worthy of being a global currency that is recognized by the state, and I hope the state can accept crypto because of more benefits, whereas if if if Only depending on single currency certainly makes the economy vulnerable from problems such as inflation.

We can actually consider USD as global currency since as we see this one used by many country especially when they are dealing some product overseas or even online. Also bitcoin can be consider as that also but unfortunately majority of the country is not supporting it and most of them prefer fiat over digital currency this is why it will take time before bitcoin will be recognize as a global currency.

This is like a fantasy novel where things are as simple as you saying.
But we live in a real world with 8 billion peoples with different races and different cultures to follow. To engage with that many peoples, it not possible for a single nation to hold same type of rules as the whole world geographically not the same then how can peoples living in it could be same.
With this in mind we only can think of a  common goal to follow where each and every human beings toward a better living place for coming generations and for those who are still living here.
 

USD is very popular and one of the strongest currencies in the world. Even if it can be said that USD is one of the global currencies, it cannot be the only currency of the world. The power of one currency is determined by the weakness of another currency. So, there can't be one global currency.
If there is one global currency and inflation hits the currency, the whole world will suffer.
If bitcoin becomes the only world currency and during crash the world will bleed also.

Currency cannot be unified because it lies within the borders of each country's interests.  Previously, the "Bretton Woods" meeting had suggested that the dollar should be linked to gold, the currency for the rest of the countries to be linked to the dollar, in which the United States plays a leading role and this leads to profits great benefit and it has been overused to increase the dominant interest of "money".  This is one of the reasons, to unify currencies to a common standard, there is no need for any leader or middleman – yes, bitcoin can.

One nation one currency is something that makes it easy for the country to be able to control the value of money, if it is in circulation and there are many currencies, of course it will make things unexpected, and of course will make the use of legal currency abandoned.

if in this world there is only one nation, of course this can be bad, because with the existence of various nations this occurs due to differences in views by the leaders of each nation, and that is where the main attraction is, so that we can respect and need each other, because Every nation has its own advantages. and with the current situation it is still difficult to use a currency that can be accepted anywhere. therefore we will not know what will happen in the future, about the changes in the times that will occur

So there's a metaverse game that's on one of the longest Bitcointalk.org forum altcoin creators and he created an interstellar game where each planet has a nation and that nation has a currency that either he created on a blockchain and moved off to Open-Transactions contracts then to STELLAR and Horizon (yes the NXT clone with HZ currency) as assets/tokens representing each of the nations blockchain born currencies. You'll find some you recognize and some if you weren't around in 2011 that you gotta do a little historical research on. But I was thinking about this meta game and its last 11.5 years. It even existed before Bitcoin blockchain currencies. Why DO we allow ourselves to have more than one national currency these days? That is fiat issued debt money by central banks? In the end its all about closed circuit systems, CB to Bank, Bank to CB. Customers withdrawing cash merely get IOUs from the Central Bank (in our case "Federal Reserve Notes" accepted everywhere by mandate and false trust in a system that burned us all at least once in our adult livelihood - as a millennial the 2008-today period has been a real kick in the sack.

I think the game teaches a lot though. Even though each nation or "civilisation" of planets has their own national blockchain currencies (7 were private made from early 2010 bitcoin client modifications to the conf file/testnets and the rest were publicly released outside this game here on this forum) - the treasuries work that every currency and every share of the corps within these planets in this game back each currency in the treasuries system. So everything that backs one particular coin in the treasury has a value for each coin per unit. To get the price per coin you take the treasuries value back each coin and divide it by the amount of blockchain coins minted per that unit. To do this he runs a script over and over looped until every value backing every chose coin in the system works in all directions. It's some pretty advanced computational cycled math. If there was a worldwide treasury backing a total of under say, 42 national currencies and it worked like that, that would make sense to me and also encourage everyone with a national currency to be as responsible and honest with its issuance/rates. In that system the only one who screws up their currency with everyone else backing it is the issuer imo.

Here's a bitcointalk post by 'markm' explaining the treasuries system from recently in early 2022:

https://bitcointalk.org/index.php?topic=3015517.msg59411967#msg59411967


To me the game really is a big simulation on what a one world treasury might bring about in the end...

More info on the metaverse/metagame Galactic Milieu (economics): https://www.devtome.com/galactic_milieu

Here's a calculator with every treasuries currency from the game that can help you get values for any coin against another one of our Devcoin developers did to speed up rates based on the last time the currencies script was run (markm runs maybe 1-2 times a month based on his game): https://latestrates.traxo.me/?from=DVC&to=USD

Here's the best update he's given in 2022 as well with ELI5 type talk and how the in-game economics really do cross over to the real world since blockchain has made real money from what began as valueless or game currencies (remember Bitcoin was bootstrapped in a big way by VirWoX + Second Life. A writer who covered it in 2013 during Bitcoin's bull run mentioned he had L$ from simply logging into Second Life daily from an early time in the 2000's and used that money to buy a good amount of Bitcoin (BTC) off VirWoX!

2022 Update (Freeciv, Galactic Milieu treasuries): http://forum.freeciv.org/f/viewtopic.php?f=16&t=92170&p=104907#p104907

Sometimes the best way to create a working system in the real world is to test it with the world of real people connected to the internet inside of a simulation/game...

The fact that each country has its own legal currency, its own rules and policies, so its really hard for all the countries to end up having a single currency, especially if its bitcoin since majority of the government are against in it. Though its quite possible for a single country to adopt bitcoin as a legal tender like El Salvador, but you can't expect for other countries to have the same views and perceptions too like El Salvador sees bitcoin.

Humans are inherently greedy by nature. Acting within one's self interest is how humans were able to evolutionarily survive and become the dominant species on the planet over some hundreds of thousands of years. There can't be one nation, there are too many culturally divergent societies with different value systems. For that reason, there would not be a single currency either but for a decentralized currency system like Bitcoin. Bitcoin could take the place of USD as the world's reserve currency because it acts independently of politics and culture and I anticipate that process happening over the next decades as countries act negligently with their own currencies.

I would say, humans could get a lot done if they put down the weapons of war and worked together to innovate for the betterment of mankind,. Unfortunately that's rather a fanciful hope.

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.

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.

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.

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.

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.

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.

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!

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.

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.

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.

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.

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

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.

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 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.

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.

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.

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.

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.

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.