Bitcoin Forum
April 26, 2024, 06:09:43 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 [35] 36 37 38 39 40 41 42 43 44 »
  Print  
Author Topic: What will happen if we use a one currency only?  (Read 19477 times)
Criptomen@30
Newbie
*
Offline Offline

Activity: 55
Merit: 0


View Profile
December 18, 2017, 06:57:00 PM
 #681

Money dont unite People.  I dont see nothing good coming from one world currency
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714154983
Hero Member
*
Offline Offline

Posts: 1714154983

View Profile Personal Message (Offline)

Ignore
1714154983
Reply with quote  #2

1714154983
Report to moderator
florentis
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
December 18, 2017, 07:03:44 PM
 #682

It will create a huge disaster. You can use the same currency in the whole world so you don't have to change it every time in another currency, but the price of that currency will fall down and it can make new wars about whom will control the currency.
joebrook
Sr. Member
****
Offline Offline

Activity: 644
Merit: 259

CryptoTalk.Org - Get Paid for every Post!


View Profile
December 18, 2017, 07:05:17 PM
 #683

This will never happen, Currency in every country symbolizes the value of their individual economies.
The individual economies of the world would have to merge before we are able to have a single currency, but that is no ever going to happen unless one country conquers the rest for that to happen and if there is a war, no one sis going to survive.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
YoBit AirDrop $|
Get 700 YoDollars for Free!
🏆
dvillier
Member
**
Offline Offline

Activity: 238
Merit: 57


View Profile
December 18, 2017, 07:13:44 PM
 #684

Each country will then have the sane economy and the global market would be totally disturbed giving huge looses to the share holders. I don't think it is a good idea to make a single currency worldwide as it will than affect in a lot of counterfield currency, giving rise to several illegal activities. It is good that we have different currency for each nation which is centralised.

If we use one currency there will be no need to convert currency into another currency while traveling to other countries. Because most time we spent our money on the converting of the currency from on to another. In this way the exchanges get a good income from us. If their will only one currency then the traveling around the world will be very simple.
Bonakid
Full Member
***
Offline Offline

Activity: 224
Merit: 121


View Profile
December 19, 2017, 05:18:16 AM
 #685

I think it will not be good for the economy if we only use one currency there will be no competition in the value ,poverty is the main problem again in every country.A huge looses of profit of the investors ,and it is going to be war worldwide.
CHENIEN
Member
**
Offline Offline

Activity: 616
Merit: 11

Decentralized Ascending Auctions on Blockchain


View Profile
December 19, 2017, 05:55:55 AM
 #686

if the whole world unite and using only one currency maybe it comes from a very hard devates to different country's because every country's are different statistic income. If we unite and used one currency it also deals with equal wourth of money shall we say one bitcoin of america is equivalent to one bitcoin also in the philippines. And we knew that these two country's are not the same status of income. So it is hard to use only one currency because it is quite the same and the same price even we used to other country's.

iBid    ▐    Decentralized Auctions on Blockchain   (❪  ► About us   ► Telegram  ❫)
◾ ▬▬▬▬▬▬▬▬▬▬▬▬▬            AN  AUCTION    ❱    All auctions start at    $0
[   ◥   Google Play      ◥   App Store   ]  ██ SIGN UP ██  ❱   with no minimum reserve
GoodLuck2
Sr. Member
****
Offline Offline

Activity: 630
Merit: 251


View Profile
December 19, 2017, 06:17:06 PM
 #687

if the whole world unite and using only one currency maybe it comes from a very hard devates to different country's because every country's are different statistic income. If we unite and used one currency it also deals with equal wourth of money shall we say one bitcoin of america is equivalent to one bitcoin also in the philippines. And we knew that these two country's are not the same status of income. So it is hard to use only one currency because it is quite the same and the same price even we used to other country's.
in my opinion, using a single currency in the World is an ideal concept there will be no tensions regarding exchange rates, currency difference, buying and selling rates, money exchangers and so on, just consider the example of Bitcoin. This cryptocurrency can be used all over the world in a single form. It is even independent of different currencies and therefore can be considered a standard currency.
balakang00
Full Member
***
Offline Offline

Activity: 266
Merit: 100

Platform for Investing in Cryptocurrency and ICOs


View Profile
December 22, 2017, 11:17:33 AM
 #688

I think it is good because people would not need to exchange money everytime one go to different country every now and then. It will also unite people in different country, however, it can make it worse because each country has its own high and down value. People have different perspectives and having the same for all may cause many arguments for many different opinions so it is better to have a freedom for different currencies.

Naoko
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000



View Profile
December 23, 2017, 03:26:39 PM
 #689

if you don't think deeply, it would be convenient, but thinking a little is obvious that this is impossible, because there are many countries, peoples and cultures
CARrency
Sr. Member
****
Offline Offline

Activity: 546
Merit: 256



View Profile
December 23, 2017, 03:32:46 PM
 #690

Money dont unite People.  I dont see nothing good coming from one world currency


That makes sense. A lot of people comes from different countries and they have their own idealism to things, we do not have the same kind of thinking and might not be going with these idea. Bitcoin might be a good digital currency that can be use by the whole people of this world, but with it's current state, I don't see other people going with this currency.

▄▄█████████▄▄
▄█████████████████▄
▄████████████ ▀███████▄
▄█████████████   ▀██████▄
▄█████████ ▀████▄   ▀█████▄
██████████  ██████▄   █████
█████ ▀████▄ ▀██████▄ █████
█████   ▀████▄ ▀ ██████████
▀█████▄   ▀████▄ █████████▀
▀██████▄   █████████████▀
▀███████▄ ████████████▀
▀█████████████████▀
▀▀█████████▀▀
Emporium.
Finance
.
Decentralized Peer-to-Peer
Marketplace and DeFi
Liquidity Mining Platform
.
▄▄█▀▀██▀██▀▄▄
▄███▀██▀▀▀▀▀ ▄▄   
 ▀          ▄█▀▄█▄     
▄▄▄▄▄        ▀   ▀██▄███▄
▄██████▄          ▄▄██████▄
███████▌       ▄███████████
█████████▄  ▀█▄████████████
███████████▄▄▄▀▀▀▀▀████████
▀█████████████▀     ▀▀████▀
▀████████████▄        ██▀
▀████████████▌    ▄▄██▀
▀██████████▌  ▄███▀
▀▀██████ ▄█▀▀
Available
in +125
Countries
▄███▄
█████
▀███▀
▄▄▄     ▄█████▄     ▄▄▄
█████    ███████    █████
█████    ███████    █████
▄███▄               ▄███▄
███████     ███     ███████
███████ ██▄█████▄██ ███████
▀▀▀▀▀▀▀  ███▀ ▀███  ▀▀▀▀▀▀▀
███▄ ▄███
██▀█████▀██
███
Community
Governance
System
▄▄██████▄▄ ▄▀▄
      ▀▀▀ ▄██▄
          ▀██ ▄██▄       ▄█
        ▄██   ▀▀███▄   ▄███
       ▄██        ▀█▄   ███
      ▄██           ▀  ▄███
     ▄██        ▄▄     ▀███
    ▄██        ██▀      ███
   ▄██                ▄████
  ▄██         ▄█████████▄ █
  ▀▀      ▄▄▄█████ █▀  ████
      ▄▄██▀▀██▀  ███▄  ▄███
    ▄██████████████████████
Liquidity
Mining
Platform
.
████████████████████████████████████████████████████████
.
JOIN NOW
.
████████████████████████████████████████████████████████
taktik
Full Member
***
Offline Offline

Activity: 504
Merit: 100



View Profile
December 23, 2017, 06:43:19 PM
 #691

I think it is good because people would not need to exchange money everytime one go to different country every now and then. It will also unite people in different country, however, it can make it worse because each country has its own high and down value. People have different perspectives and having the same for all may cause many arguments for many different opinions so it is better to have a freedom for different currencies.
If today the dollar is considered to be an international currency, And, this very much unites, and therefore if there is one currency in the world, then maybe it will be even better. Who knows, maybe soon the whole world will become one big shipping.
negamus
Full Member
***
Offline Offline

Activity: 245
Merit: 100



View Profile WWW
December 23, 2017, 06:44:35 PM
 #692

Nothing is going to happen, we are using only one currency at the moment, and we are using different ones on our countries but it is backed on US dollar in most cases (not in mine)
But yes, nothing is going to happen, in fact, the price could be almost the same in all over the world.

   R A D I X   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬   The Decentralized Finance Protocol
█████████ GET TOKENS █████████    Facebook      Telegram      Twitter
The Radix DeFi Protocol is    SCALABLE SECURE COMMUNITY DRIVEN
Viscera
Sr. Member
****
Offline Offline

Activity: 660
Merit: 250



View Profile
December 23, 2017, 09:34:50 PM
 #693

It's a balance economy and no one will ever greed on its country. but it depends on the state issue. and if they use blockchain technology then their will no corrupt in the country. people will be stable after all trials.
pratapadityasi
Newbie
*
Offline Offline

Activity: 46
Merit: 0


View Profile
December 23, 2017, 09:35:57 PM
 #694

Different countries have different debts, unless the entire world debt gets extincted a unique value coin wont be possible
icanscript
Hero Member
*****
Offline Offline

Activity: 686
Merit: 502



View Profile
December 23, 2017, 09:47:39 PM
 #695

I believe that Block Chain technology will erase the borders in our world. Uniting people from different countries. It will become the precursor of a new society.
maaydin
Full Member
***
Offline Offline

Activity: 378
Merit: 100



View Profile
December 23, 2017, 10:01:51 PM
 #696

In my opinion if everyone would use the same currency the world would be more easily controlled and the people who own the most of that currency would own the world as well.
neite99
Sr. Member
****
Offline Offline

Activity: 560
Merit: 250



View Profile
December 23, 2017, 10:05:38 PM
 #697

We would have much more freedom in the world, imagine if you travel to a different country than you won`t need to go and exchange your money, you would just pay and walk.
Renampun
Sr. Member
****
Offline Offline

Activity: 2282
Merit: 362


#SWGT PRE-SALE IS LIVE


View Profile WWW
December 23, 2017, 10:29:00 PM
 #698

[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 think it will be very difficult because there will be a lot of work lost especially traders and there will be no more exchanges, this is what I think will happen if we only use one currency only , but i sure it can make people's united  Smiley


.SWG.io.













█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







``█████████████████▄▄
``````▄▄▄▄▄▄▄▄▄▄▄▄████▄
````````````````````▀██▄
```▀▀▀▀``▀▀▀▀▀▀▀▀▀▀▀▄███
``````▄▄▄▄▄▄▄▄▄▄▄▄``▄███
``▄▄▄▄▄▄▄```▄▄▄▄▄``▄███
``````````````````▄██▀
```````````████████████▄
````````````````````▀▀███
`````````▀▀▀▀▀▀▀▀▀▀▀▀▄████
```▄▄▄``▄▄▄▄▄▄▄▄▄▄`````███
`▄▄▄▄▄▄▄▄▄``▄▄▄▄▄▄`````███
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀████
```````````````````▄▄████
``▀▀▀▀▀``▀▀▀▀▀▀▀▀▀█████
██``███████████████▀▀

FIRST LISTING
CONFIRMED






AVAMONEY
Full Member
***
Offline Offline

Activity: 406
Merit: 100



View Profile
December 24, 2017, 09:15:23 AM
Last edit: December 24, 2017, 08:07:03 PM by AVAMONEY
 #699

If there is only one currency in this world, than it had to bear the burden of many under-developed economies.
Every country and regions have different cultures and condition, how example to sum up, in order to have different delicacies in global environment, generating capacity to pay the hard-workers and punish the weaker economies, together with giving rise to need of Smart Employees. So i think it is better to avoid using one currency only.
vaszel
Newbie
*
Offline Offline

Activity: 45
Merit: 0


View Profile
December 24, 2017, 10:59:48 AM
 #700

In my opinion, the transition to a single world currency without political unification in modern conditions will lead to a deep structural crisis. Economic growth in this case becomes a hostage to the desire to maintain a single currency zone. It is always necessary to take into account that the economic situation in countries is different and in different phases requires different monetary measures. Somewhere, the rate should be increased, somewhere lowered. Of course, in a single currency situation, this would not be possible.

in the case of a transition to a single world currency, can break out not with a couple, but with dozens of countries that are far more odious than Greece who will live beyond their means, guided by their own ideas about the dignified life of their citizens. After all, no one can indicate what to do with a sovereign state and what domestic economic policy it should lead.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 [35] 36 37 38 39 40 41 42 43 44 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!