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Author Topic: What will happen if we use a one currency only?  (Read 19061 times)
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September 30, 2017, 03:10:52 AM
 #421

[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. Cheesy

for this to happen one world currency
there is going to be one leader worldwide
or else it would war and chaos
but its frightening to see that one world currency and one leader above all


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October 02, 2017, 11:32:34 PM
 #422

[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. Cheesy
At first, it will be hard to have one currency only and what currency will that be. It will be a total chaos before that happen. But somewhere in the future if it was declared then, then the transaction will be easy and other deals because we dont need to exchange it with our own currency so no time consuming

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October 03, 2017, 12:06:58 AM
 #423

[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. Cheesy

for this to happen one world currency
there is going to be one leader worldwide
or else it would war and chaos
but its frightening to see that one world currency and one leader above all

I guess that will somewhat signal the beginning of the end of the world and so I hope Bitcoin will not turn out to be that one currency per the current global acceptance rate.
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October 03, 2017, 12:31:12 AM
 #424

[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. Cheesy

for this to happen one world currency
there is going to be one leader worldwide
or else it would war and chaos
but its frightening to see that one world currency and one leader above all

I guess that will somewhat signal the beginning of the end of the world and so I hope Bitcoin will not turn out to be that one currency per the current global acceptance rate.
For sure no one would accept this kind of thing because we come from different cultures and we have different beliefs. For sure, as humans, we tend to believe who we are closely related to like, for example, the religion. That could divide us already, so not expecting to be united in a way that we all have one leader all over the world.



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October 03, 2017, 12:45:15 AM
 #425

If this happen there will be no more countries all over the world. Every countries will be at one. So no more singles goverments, we all combine in one country , i think it's a great ideal but sometime when you give too much power in some guys ,who manage the goverments, they will be come evil . Only one currency is really good cause there is no need to exchange from this to that but it's impossible to do that at all cause the politics are that simple.
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October 03, 2017, 12:48:06 AM
 #426

[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. Cheesy
For me, it will be easier for us to communicate with other people in other countries. It will be easier for us to pay and send money to someone because it will not be converted first in any other currency. It will have a stable amount and can also unite countries.

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October 03, 2017, 02:29:00 AM
 #427

[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. Cheesy
this idea might be disastrous to the community, it will be the root cause of greed and poverty. the rich will become more rich and the poor will be poorer. the class of society will persist, everyone will be power greed and most likely to happen there will be only one government and a leader.

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October 03, 2017, 02:50:26 AM
 #428

[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. Cheesy
this idea might be disastrous to the community, it will be the root cause of greed and poverty. the rich will become more rich and the poor will be poorer. the class of society will persist, everyone will be power greed and most likely to happen there will be only one government and a leader.

I guess it will also be leading to the end of the world and the rule of wickedness as the Bible makes it clear apart from that I don't know what will happen.
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October 03, 2017, 03:38:27 AM
 #429

There is an advantage and disadvantages if there is only one currency for all. For advantage it is good to have one currency as we became a union. Easy transactions and such is one. For disadvantage, if this will be implemented, it is very difficult to change our current currency as of now. That is why i think this will not come true.

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October 03, 2017, 03:56:27 AM
 #430

Using a single currency will be a disaster if we talk only about Fiat because how could anyone supervise it, i mean a country could print an extra amount so...
But if you talk about cryptocurrencies including bitcoin then yea it is a good idea.
Aren't we using the same money (BTC) while we are from different countries?  Wink
It is true that the result of a sine currency depends on what type of currency we will consider to used. Becasue it depends on the system on transaction on every currency you will used. And the best example is fiat where it much needed a depending currency for it to develop and experience growth becasue it is an example of direct transaction currency with a fix value and rate in contrary to bitcoin which is a form of crypto-currency that is a form of crypto-currency that it's price is so volatile that it can be used in investments becasue its price can experience development and growth.


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October 03, 2017, 04:56:14 AM
 #431

[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. Cheesy

for this to happen one world currency
there is going to be one leader worldwide
or else it would war and chaos
but its frightening to see that one world currency and one leader above all

I guess that will somewhat signal the beginning of the end of the world and so I hope Bitcoin will not turn out to be that one currency per the current global acceptance rate.
For sure no one would accept this kind of thing because we come from different cultures and we have different beliefs. For sure, as humans, we tend to believe who we are closely related to like, for example, the religion. That could divide us already, so not expecting to be united in a way that we all have one leader all over the world.
So, if you want to have a currency for international, you only can use the most popular currency because no country wants to apply a currency from other countries or a currency like crypto to the country's economy.
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October 03, 2017, 05:18:00 AM
 #432

[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. Cheesy

for this to happen one world currency
there is going to be one leader worldwide
or else it would war and chaos
but its frightening to see that one world currency and one leader above all

I guess that will somewhat signal the beginning of the end of the world and so I hope Bitcoin will not turn out to be that one currency per the current global acceptance rate.
For sure no one would accept this kind of thing because we come from different cultures and we have different beliefs. For sure, as humans, we tend to believe who we are closely related to like, for example, the religion. That could divide us already, so not expecting to be united in a way that we all have one leader all over the world.
So, if you want to have a currency for international, you only can use the most popular currency because no country wants to apply a currency from other countries or a currency like crypto to the country's economy.

Yes, right most of the people doing it no for the bitcoin how to use. But bitcoin is easy to change for the cash and you will use all counters, but before use bitcoin you will check and after use. Most of Canute is not using bitcoin so that the reason for most of people using the currency.














 

 

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October 03, 2017, 05:35:06 AM
 #433

[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. Cheesy

for this to happen one world currency
there is going to be one leader worldwide
or else it would war and chaos
but its frightening to see that one world currency and one leader above all

I guess that will somewhat signal the beginning of the end of the world and so I hope Bitcoin will not turn out to be that one currency per the current global acceptance rate.
For sure no one would accept this kind of thing because we come from different cultures and we have different beliefs. For sure, as humans, we tend to believe who we are closely related to like, for example, the religion. That could divide us already, so not expecting to be united in a way that we all have one leader all over the world.
So, if you want to have a currency for international, you only can use the most popular currency because no country wants to apply a currency from other countries or a currency like crypto to the country's economy.
Bitcoin have possibility to be international currency that we can used in any country which bitcoin is legally adopted but it can not replace the local currency of one country, because the good economy of a country will reflect on the value of their currency, as we can see that all currency has a different value but the basis is USD, because USD is much powerful currency nowadays.
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October 03, 2017, 06:07:13 AM
 #434

[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. Cheesy
I don't really understand the incident, which certainly the countries or governments in each country have different regulations, as china banned the bitcoin exchanges while in japan now bitcoin 100% legal, if they are placed in the same place will lead to disputes, I think there will be many problems if we only use one currency only.

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October 03, 2017, 06:30:41 AM
 #435

A time is coming when the whole world is going  to used one currency and blockchain technology is already preparing ground for that to happen. Though it is also a fulfilment of Bible prophecy of the end times that is the whole world will using a single currency. I also think this may lead to serious war as politicians will fight to control the currency.

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October 03, 2017, 06:37:02 AM
 #436

Economically having different currencies is a good way to balance out different productivity levels of different countries. For example if one country produces a lot of goods that the rest of the world wants to buy using the currency of the producing country then that currency goes up in value because you need to buy it in order to buy the goods. Eventually the currency could rise to a level where the product is no longer price competitive and then that allows another country to compete.
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October 03, 2017, 12:06:05 PM
 #437

[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. Cheesy

for this to happen one world currency
there is going to be one leader worldwide
or else it would war and chaos
but its frightening to see that one world currency and one leader above all

I guess that will somewhat signal the beginning of the end of the world and so I hope Bitcoin will not turn out to be that one currency per the current global acceptance rate.

If only bitcoin is the only one coin that exist in this world, people will try to avoid this and try to gather so much coin as they can. But this thing will make such world into chaos and I do not think that many of them want to get this kind of world. People tend to need more money but this is no the only way to get more income. They should not merge it into one coin

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October 04, 2017, 03:11:34 PM
 #438

[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. Cheesy
As far as I understand your question, you are pointing out is that if one day we use only one currency which is bitcoin there will be no exchange/converting rate, meaning no need to convert your money into other money like peso to dollar. Well, if that's the case it'll be great, cause this will lessen the effort of those people working outside their country in converting money. Converting money into other also lessen the value of it, therefore if we only have one currency we'll all have the same value of money.

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October 05, 2017, 06:10:41 AM
 #439

Economically having different currencies is a good way to balance out different productivity levels of different countries. For example if one country produces a lot of goods that the rest of the world wants to buy using the currency of the producing country then that currency goes up in value because you need to buy it in order to buy the goods. Eventually the currency could rise to a level where the product is no longer price competitive and then that allows another country to compete

I agree in general with the point you made

But it works only if the goods that this advanced country sells are actually sold for its national currency. But why would they want that if they could sell their goods, say, for dollars if they want to remain competitive (which is what everyone and his grandma want)? I don't think that any government is dumb to lose the advantage of being ahead of the pack just because of some "balancing out". You see, it doesn't happen anywhere in the real world since it is like wasting your competitive edge for the reason of the national currency going up. They will just print more paper, and that's pretty much all there's to it



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October 05, 2017, 06:50:53 AM
 #440

If the world use the same global currency then all countries should be accepted equally
Which means one government and one currency throughout the world helps to spend and share without boundaries. There is no need to exchange currencies for travelling worldwide all the people can enjoy spending their money without having to think about changing their currency. I hope bitcoin will be accepted by all countries.

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