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Author Topic: What will happen if we use a one currency only?  (Read 19049 times)
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October 05, 2017, 07:27:18 AM
 #441

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.
I guess so but if that one currency will be focused on to spend then that is somehow worth enough because exchanging currency is not limited for as long as there is a source of income to get. If there are many currencies then it makes complicated. We have to see to it that we are smart enough to use or spend the fiat money from bitcoin. We don't even know when will the source depreciates so as much as possible you have to coincide of using a particular currency.


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October 05, 2017, 12:25:58 PM
 #442

[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

    In my opinion, I do not think it will help if all nation used one currency. For me, There is a reason why every country have their own currency, is it because of there economy. I think if we have one currency there is no balance will happen in our market or in an economy of every country. So it is impossible to implement one currency in our nation.
That will be a great idea to use one currency across the globe and that must be some digital currency paper money have some limitations. And many regions will not accept foreign paper money as global so bitcoin is the smartest option to make It as global currency so that trading must be done with it across the globe and the people have no objection in accepting it.
I am also highly in favor of using one currency because we are already living in global village then why not we should make our currency one. It would make things damn easier in order to let us deal with each other very effectively. I am pretty optimistic regarding this idea because the pace at which people are increasing as bitcoin users, bitcoin will soon become the only currency of the world.

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October 05, 2017, 01:37:44 PM
 #443

[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
National economy of countries will be badly effected because not all the countries are on the same economy level. There will be no foreign exchange as there will be no other currency, the trade will fall down and so the worth of the global currency. There will be a war between countries for the central banking authority because there will be only a single banking authority which will print and supply the currency.
paul00
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October 05, 2017, 06:58:48 PM
 #444

Having only one currency will not unite all the country in the world. There are a lot of factor why the world is not united and this is part of our economy to have nations and rivalries. If we only have one currency, i think it will not help on the economic growth of each country. This is my opinion since each country is getting an income on trading with other countries. The diff. Of the values of our currencies have a great impact on the profitability of each trading. With this this factor of countries growth will be lost and the possibility to be a highrr class coubtry would be minimized.

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October 05, 2017, 08:03:06 PM
 #445

In order to adopt the same currency, the whole world's economy must be collided..Rules and regulations of different countries must be similar. War between different countries should stop.
Take the example of the European Union, they are doing well but some countries have difficulties such as Greece wich have a great impact on other countries so they have to help each other or just kick the weak ones out.

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October 05, 2017, 11:48:51 PM
 #446

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.
If there comes a time when there will be only one currency all over the globe and every country will be using that currency, then this will be the best thing which this world will experience. This will help the people to get tension free from keeping different currencies while travelling across the world. Moreover, you can easily trade with different countries without any difficulty.
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October 05, 2017, 11:58:00 PM
 #447

[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 is actually a long planned Illuminati set up wherein the goal is to create and place into a global circulation one common currency in order to have full control of the money system. This may cause some confusion in many nations if it were to happen since every current currency has its value depending on the economic status of a country. Question is, will the value of this currency be the same in all parts of the world  regardless of the country's status? We can only speculate at present..but it has been prophesised....

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October 06, 2017, 08:14:38 AM
 #448

It's a bad idea, because it will give the monopoly position to the people or countries that would emit this currency in the world financial system.
So, the whole world community would suffer
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October 07, 2017, 01:14:54 AM
 #449

It is extremely hard to have a single currency for all nations. The winner will be the a single who controls the currency. Quite typically to warmth up the economic system employing financial emission. How can this be attained if other international locations are not profitable.
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October 09, 2017, 06:38:25 AM
 #450

[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

    In my opinion, I do not think it will help if all nation used one currency. For me, There is a reason why every country have their own currency, is it because of there economy. I think if we have one currency there is no balance will happen in our market or in an economy of every country. So it is impossible to implement one currency in our nation.
That will be a great idea to use one currency across the globe and that must be some digital currency paper money have some limitations. And many regions will not accept foreign paper money as global so bitcoin is the smartest option to make It as global currency so that trading must be done with it across the globe and the people have no objection in accepting it.
I am also highly in favor of using one currency because we are already living in global village then why not we should make our currency one. It would make things damn easier in order to let us deal with each other very effectively. I am pretty optimistic regarding this idea because the pace at which people are increasing as bitcoin users, bitcoin will soon become the only currency of the world.
Indeed using single currency is going to solve many problems. This action is going to make people live in global village in real means.

There is so much movements and migrations among countries that we really need one currency in order to avoid the problem of converting currencies into one and then other and so on. Bitcoin is the only currency which can do this job perfectly because they are decentralized in nature.
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October 09, 2017, 06:44:30 AM
 #451

If we use only a single forex about the planet it would be quite excellent for a inadequate nation, but it would be very undesirable for abundant nations around the world, due to the fact rich nations around the world should share cash to stabilize the forex. Such as the euro, wealthy nations like the British isles do not want to use the euro simply because it would harm the British isles
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October 09, 2017, 06:44:35 AM
 #452

I think if we will be using one currency in the world the economy will grow more because anyone can now access other country and purchase everything right away I just don’t think different government will allow that because it only mans that the country will lose control over cash and that the supply may not cover all the demand.

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October 09, 2017, 07:36:30 AM
 #453

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.
I guess so but if that one currency will be focused on to spend then that is somehow worth enough because exchanging currency is not limited for as long as there is a source of income to get. If there are many currencies then it makes complicated. We have to see to it that we are smart enough to use or spend the fiat money from bitcoin. We don't even know when will the source depreciates so as much as possible you have to coincide of using a particular currency.
If the whole world use only one currency then maybe there is a lot of consequence because every nations currency has its own unique purpose and identity it defines the nations debt, economic status and how productive it is.  i cant imagine of what will happen beween the developing countries and the super power countries.


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October 10, 2017, 03:50:31 AM
 #454

If we use only one forex about the entire world it would be extremely great for a very poor region, but it would be very poor for rich nations around the world, due to the fact abundant countries must share money to stabilize the forex. This kind of as the euro, wealthy international locations like the United kingdom do not want to use the euro simply because it would harm the British isles
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October 10, 2017, 05:19:22 AM
 #455

If we use only one forex about the entire world it would be extremely great for a very poor region, but it would be very poor for rich nations around the world, due to the fact abundant countries must share money to stabilize the forex. This kind of as the euro, wealthy international locations like the United kingdom do not want to use the euro simply because it would harm the British isles
A lot of alternative is better, in fact now the world is better because of crypto currencies and now that it's decentralized and not controlled by the government we can have freedom to transact online. We have the right to spend what we have therefore we should not allow to be controlled by the government, they have the power but our support together will beat them. Seek for transparency and bitcoin can deliver that to us.

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YAMZU

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       eSports Tournaments on the Blockchain     
        Platform Already Active  10K Users  300% revenue  Established Swedish company

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  Yamzu
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[url=https://www.y
ongels
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October 10, 2017, 05:50:00 AM
 #456

In my own sights, all kingdom in continents are united, The economy will stabilized its status at the highest altitude, Country's would easily facilitate access on identification of individual, No more visa and pass port to go anywhere because we belong as one. And the future of having cashless society will be realized,
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October 10, 2017, 12:32:48 PM
 #457

This is a very good thing due to the fact there is no gap amongst the countries, equitable economics will turn out to be quicker and everybody will be effortless to Transact in the absence of domination to a distinct forex.
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October 11, 2017, 10:39:21 AM
 #458

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.
I guess so but if that one currency will be focused on to spend then that is somehow worth enough because exchanging currency is not limited for as long as there is a source of income to get. If there are many currencies then it makes complicated. We have to see to it that we are smart enough to use or spend the fiat money from bitcoin. We don't even know when will the source depreciates so as much as possible you have to coincide of using a particular currency.
If the whole world use only one currency then maybe there is a lot of consequence because every nations currency has its own unique purpose and identity it defines the nations debt, economic status and how productive it is.  i cant imagine of what will happen beween the developing countries and the super power countries.
Every country local currency is also a representation of that country but honestly if there would be only one of it all around the world, there would be no problems for common people. No conversions needed by travellers but the harsh truth is the powerful countries won't let this happen or else, they will lose their current position in the world. We cannot have one currency.

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October 12, 2017, 10:33:20 AM
 #459

In my own sights, all kingdom in continents are united, The economy will stabilized its status at the highest altitude, Country's would easily facilitate access on identification of individual, No more visa and pass port to go anywhere because we belong as one. And the future of having cashless society will be realized,
And that will not possible. There is nothing impossible in this world but for what you have said, this is somehow impossible. Chances are just of 0.000001% else there would not be any cashless society and all the nations are just united for being one. No, that doesn’t come in real things. Things will be fine with bitcoin but it will take more than 7 8 decades.




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October 15, 2017, 01:29:20 PM
 #460

There are good and bad consequences in using only one currency. First,the good thing is it strengthen our own currency, it will have the power to boost our economy and also it will enpower our buying powers. The negative thing we will not know how our currency can cope up with the foreign currency, it will not strengthen our buying powers to the currency of other nation.
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