If the world uses a single currency

[naidray]

If the world will use a single fiat or cryptocurrency, the econom wouldnt chnge at all. Economy rises on how productive a country is. Whether we use the same currency, that doesnt affect the growth of economy. Its just like an agreement that we do hve same currency yet our country's distribution wouldntbe the same.

It's quite impossible to happen for a system of currency to have one united currency to follow by all part or countries all over the world. Becayse most of the countries one to develop and to established their own currency to established a well developed country as a independent nation.

The OP must have thought about this assuming we are making use of only digital currency, but we have to understand that so many people are limited to technology and of course have no knowledge about how anything on the internet even works let alone making use of a digital currency. That is by the way, if we are going the physical cash way, where everyone decides to use the dollar for every transaction for instance, then what happens to the independence of those countries knowing that no one can be coerced and every independent country is free to do whatever they wish to do.

[batang_bitcoin]

iT would help in growing international trade in decentralized means and also tax free transactions overseas.

Your right it would help growing international trades and it will be easy to every country who'll participate to trades. But centralization is at finest and regarding the tax free transactions overseas isn't guaranteed.

This is impossible and will crash the economy, think about it. A single currency for the whole world is the worst thing that can happen.

Actually it's possible, have you ever heard the one world government, one currency?

[meliodas]

If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.

If the world will be using a single currency, I think market transactions would be easier. It would help international tradings better as it has. However, it will still be impossible fowr now because a single currency would be really hard for other countries to imply. It might also have negative effects in the society.

[shuvo999]

It is impossible because so many nation's are there each have their own currency and from place to place the value for money is different. Can't make decentralization of money that may create lot chaos in the economy of the world, practically speaking it very distant to imagination and not going to happen.

Those nation will never go against bitcoin because bitcoin is far better than cash money we are using it’s not like a piece of paper it is real profitable money is bitcoin and it will make world as global village. 

[Freddie Aguiluz]

If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.

I think it will be easier if the world has one currency in use. The trading will be easier, the payment will be easy even though your payment is overseas. For me I see that one world currency as a good thing for us, it will be the start of a good relationship one every nation in this world

[raven7886]

Everything can be possible  because, man has every power but, first we have to spread rapid awareness campaigns as KFC did.

Yes surely nothing is impossible, but there are somethings that are better not being assumed, knowing what could be the outcome. The possibility of having something like this does not really make a lot of sense, and unless we all just want to be under one government who is in control of the currency which we all know it is not possible, then this cannot happen. Moreover, this is not to be compared to KFC in anyway. We are talking global power here.

[MuffinMaster]

If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.

For me it would be amazing, cause nowadays we are just to poor to travel, move somewhere cause of the difference between income in diffrent parties of world cause of currency exchange, one currency will open more opportunities to start faster and better for young and even older people.

[Gabrieelle]

If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.

I think it will be easier if the world has one currency in use. The trading will be easier, the payment will be easy even though your payment is overseas. For me I see that one world currency as a good thing for us, it will be the start of a good relationship one every nation in this world

I guess having one currency also means equality around the world. Because there will be no specific classes in the society which are in the high, middle and low class. Having one currency can help to have a good trading transactions and I think you're right it is good for everyone of us especially those who loves to travel to another countries.

[migz28]

Its not possible when the world uses a single currency , because each country has own law and sovereignty. And it will affect the economy like the fuels, foods etc because of the prices its not the same in each country..

[Ulticon]

Btc itself is unreliable how can it provide reliability to the world?

[wuvdoll]

There will be more trouble than convenient, because one currency parctically means one state or nation, so it will be maasive nation and massive population, the main problem will be the gap between the rich and thepoor will be huge with one or two state become the rich and the others become the poor, just like what happen in europe nowadays.

In fact, the trouble will be huge and what we may have to start fighting for globally is who is going to be the world power. I do not see how this can happen anyway as it does not sound realistic. Every independent country can decide on which currency to choose and unless every of them then decide to choose only one currency, it is not something that sounds feasible at all and I totally love the analogy you made use of.

One thing about humans is that we love assuming things that we already know the possibility is close to none. There is really no point debating it, but rather than assuming what could happen, what if we just wait to see if the moment ever comes or not before we start thinking of where it could lead to. The first question is who is going to be in control? And unless it is Armageddon, I do not see how this wants to play out.

[Santaffic]

It'll sink the economy as there would be nothing to compare the rise or fall of value of currency and even one bug strike can affect global mine also

[millgates]

It will be good, especially if we are use gold only because gold will not experience inflation, gold is like bitcoin which is limited. But the price of gold is more stable stable than bitcoin. Gold is good daily transaction, if all people using one currency then the world economy will be better.

[@minajeryll]

If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.

I don't see it possible. It's very complicated. For example in my country when I convert our currency it is just a small amount in other countries. Some countries are also depending in other currencies because it is a big amount when they convert it to thier currency. Lot of things to be considered, it will take so long before it gets possible.

[Wolfwar]

If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.

I don't see it possible. It's very complicated. For example in my country when I convert our currency it is just a small amount in other countries. Some countries are also depending in other currencies because it is a big amount when they convert it to thier currency. Lot of things to be considered, it will take so long before it gets possible.

the only currency in the world will lead to the need to organize one state on the whole planet. This is impossible, since no one will want to give up their power in their country. We have become accustomed to the fact that many countries are ruled by clans and has its influence on the economy and on the national currency. Therefore it is not profitable for them to have one currency in the whole world.

[Ukaraki]

If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.

If the world can share a single currency, many things will be solved; for example, if you travel to other countries like the US to China today, you have to change from dollars to dollars. Chinese currency can buy Chinese goods, but if the world moves to a common currency, it could be Bitcoin.

[amzadabir]

There are many professors and breaks against one of the world's coin theory, many people think that this is a very good idea when some think that the single currency will not be a lot difficult. In fact, the more confused you think of this idea, the more you become confused. Most of the world's countries and countries have already taken a step forward in this direction. Latin America, Europe and Asia already have a regional currency for the promotion and promotion of business, as well as encouraging scale economics and its skills. Using a single world currency, it will use physical tendencies when it reduces the barrier of trading

[Stac]

If the world uses one single currency that would be without doubt bitcoins as bitcoin is the first crypto currency in the crypto market, and bitcoins have changed the revolutionary financial markets by making all the transactions easily without a third party situation and all the transactions are secure and transparent. Many developed countries have legalized bitcoin and block chain technology as this can uplift the economic conditions of the world by eliminating unemployment and poverty issues of the world. One world currency makes it easier for every one to travel all the world without having to worry of carrying huge amounts of money. The value of bitcoins will still keeps on shooting up due to increased number of user's and demand for bitcoins.

[danim1130]

If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.

No. absolutely not because there are some people that are so selfish and they only live for their own sake not for anybody and they don't care about anyone. if they have the power to control that one currency for sure it will not be good to economy.

[highquA1]

I think that will be impossible to make people understand the use of cryptoz all over the world, never