What will happen if we use a one currency only?

[Supercrypt]

This idea was embodied in the EU. when on the territory of several countries, one currency is introduced.

Oneness will be always good in my humble opinion. Because, the differences makes conflicts and difficulties.
When we are having a single government in this world there will not be any need of any restrictions and there will not be any chances of war too.

If there will be only one currency to use, I believe that will be solving many financial problems, but practically it will not be possible across different continent countries.

We, the people may bring that revolution by adopting bitcoins.

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[bitdumper]

the diffrence at everyones thinking and point of view results in partion of everything. like i love beer but you love mango juice. people also devided god in every country and continents . as followed the same they devided the money too so it can satisfy everyones wants and demands

[jossiel]

If we are going to get into this point then for sure we are into the one world government. And they will implement it so that they can manipulate.

But I think this is not going to happen today maybe that is possible to happen 10-20 years from now. I hope that it will be with bitcoins.

As the one currency that we'll use.

[Yakamoto]

If we are going to get into this point then for sure we are into the one world government. And they will implement it so that they can manipulate.

But I think this is not going to happen today maybe that is possible to happen 10-20 years from now. I hope that it will be with bitcoins.

As the one currency that we'll use.

It really, really depends on the election in the States before anyone can talk about the time until a one world government to be honest.

Trump, a nationalist candidate, would throw a wrench into this plan, globally. His election would cause a spur in nationalist parties throughout the world, and this would set back globalist plans a fairly long time. And, the thing is, nationalism is on the rise throughout Europe and North America. The only way to fix this, for the globalists, is to outbreed the native demographics. Which, entertainingly, is a plan already in place and you can see happening right now.

Clinton being elected would still require a demographic change, and might, to be honest, trigger a civil war. If things get bad enough, and in a decent amount of people's eyes they already are, a civil war could occur, becoming a global war quickly.

Minimum amount of time is 30 years, looking at 40-50 realistically.

[bitbunnny]

In real situation I don't think it's possible. The EU implemented Euro as their one single currency and look how many problems that has provoked and not al members have accepted it.
Globaly that just wouldn't work, there are too much countries with too much financial and economic interests.
But cryptocurrencies, especialy Bitcoin could be that one currency who could informaly unify ordinary people throughout the world.

[traderethereum]

then there is only strong country will survive and the small country will collapse with fast as each country is not the same for many aspect, there is still many different we can found in each country, like in economy, people society, money growth in that country, fluctuation and else and if we only use one currency, imagine what will be happen with the small and poor country. this can make big world war than we can not imagine.

[Zadicar]

[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.

I cant imagine   on what would  happen   if  this  situation  would  be  imposed. Many  would be affected and many things  would  be gone like  forex exchanges,  it would  wipe  out for sure  hence we are  using   one currency, Chaos would arrise   because  each  country would  definitely accumulate more money on  one currency  and they would surely think the  more  money a country  it has  it would  be the most powerful and  there are  lots of  more.

[hisuka]

Maybe this could lead to unity as one, as one main goal every country. 
But the point is everyone could not easily adopt its goal to use one
currency only. Everyone will experience difficulty if every government
will plan to use one currency. Because for how many years since century
the tradition is using its current currency.

[uname]

This idea was embodied in the EU. when on the territory of several countries, one currency is introduced.

yeah i think most of the European countries use the euro currency for their international transactions? but it was only for the European territory only, to the world may be known as an international currency

[harizen]

[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.

A certain country even a poor country can't ever be decide it's own monetary policy in their country since they have to comply with the financial policy that will be given by those authorities concern in the Central Bank.

This is not a good idea since every country has different economic status and obviously we have places below third world countries literally.

It can't make people unite as like I said countries are not different in terms of financial status.

[pooya87]

[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.

when was the last time you saw 20 people see eye to eye on some matter?
now make it bigger, when was the last time you saw people in one country or all countries agree on one thing? it can never happen because it means each country would have to give up his private control over their own currency and give it up to one place that prints the money for everyone.

[qiwoman2]

Th EURO was a bit of a problem to be honest, it has impoverished many people, but if we all had to use bitcoin it would be better lol then anyone holding bitcoin now would be millionaires as the demand would skyrocket, that would be a lovely thought.

[J Gambler]

[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.

I don't think so that this will gonna happen in the world wide web and if this will be globaly i can't really imagine that we are gonna use one currency only for whole world and what would be that currency ? isn't dollar? php? canadian? or what? or bitcoin well if bitcoin then i am agree with this is quite interesting a bit.

[icecube45]

[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.

I don't think so that this will gonna happen in the world wide web and if this will be globaly i can't really imagine that we are gonna use one currency only for whole world and what would be that currency ? isn't dollar? php? canadian? or what? or bitcoin well if bitcoin then i am agree with this is quite interesting a bit.

I think all the countries can not use the same currency. Because of amount of the currency is affected by the economies of some countries so clear that any country should have a different currency. In addition, if all countries use a single currency means the country's economy will be the same and it was not possible. The currency is also the country's identity and the uniqueness of each country because the currency has a history of each.

[Mastsetad]

then there is only strong country will survive and the small country will collapse with fast as each country is not the same for many aspect, there is still many different we can found in each country, like in economy, people society, money growth in that country, fluctuation and else and if we only use one currency, imagine what will be happen with the small and poor country. this can make big world war than we can not imagine.

There would probably be conflicts between countries as if there will only be one currency in the whole wide world, how will they decide if what country will control that currency? And how will it be used in each country? Not every country is the same nor all of them do the same trades with each other, this concept would simply create problems only.

[Carlsen]

This idea was embodied in the EU. when on the territory of several countries, one currency is introduced.

And it was not very well thought through.
Countries need the option to devalue a currency in order to stay in competition with other countries who might have a stronger economy or different legislative conditions.
If that option is not available, you can not export goods to aother countries because they will not be bought due to the high price. The already weak economy crumbles even more.
That's exactly what happened to the countries in the south of Europe compared to the northern countries.

[olubams]

One currency will mean that I wont bother about exchanges if I want to transact with people in different countries then its cool, however,the implication is what matters for the world powers, will they want to surrender their strength because their strength also lean on their currencies. And for the small countries how do they cope with such pressure coupled with what they are trying to grapple with in their respective countries...

[eternalgloom]

This idea was embodied in the EU. when on the territory of several countries, one currency is introduced.

That's true and one of the problems that came with it, was that individual nations could not devalue their own currency anymore.
That has a negative effect on the economy of those countries.

[Seansky]

When all of us begin to us only one currency, I think it would be easy to transact since everyone uses the same currency and we will not need an exchanger at all. It will cause some people to lose their jobs but it will ease everyone's spending even when buying online. If this will happen it might be because all of the countries are under one government. That happening I think is great.

[MingLee]

When all of us begin to us only one currency, I think it would be easy to transact since everyone uses the same currency and we will not need an exchanger at all. It will cause some people to lose their jobs but it will ease everyone's spending even when buying online. If this will happen it might be because all of the countries are under one government. That happening I think is great.

A single world currency would be beneficial in the meaning that no-one would have to exchange money to trade or buy stuff anywhere, yes, but there are a ton of bad things that would go along with that.

In fact, a single world currency would likely end up killing people even more when it comes to inflation, due to an increased labor market and presumably increased inflation, meaning only the third-world earns "more" and everyone gets shafted.