If the world uses a single currency

[tprabash]

If have a single currency we cannot trade it will be nothing to do forex or exchange and will be very easy to use

[roronoa zoro]

Tidak mungkin terjadi jika dunia menggunakan mata uang tunggal sebagai alat pembayaran.Apalagi setiap negara mempunyai kultur dan kebudayaan yang berbeda-beda mengenai mata uangnya.Jadi sangat sulit untuk disatukan seluruh mata uang pada setiap negara.

[onrise]

create a stable, of course, can, we could see examples such as Europe. they use one currency and it's very good for their economies. If every country in the world can use this system then price stability and the economy it's going to happen.

The world will never use a single currency because it means that country become the dominant among other as their currency is being used globally. Thus other countries would not like that to happen and they would like to retain their dominance as well on the world.

[bitcoinajax455]

Single currency in this world, I don't think it's happened and it is impossible. We have different countries, different currencies and different value. So therefore it is impossible to make or use one currencies.

[lelahkenabanned]

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 uses only one money it seems that it is very unlikely because money can be said a bit politically, which means it will be very difficult to use just one currency for use throughout the country because it requires a lot of supply.

[sicnarfkswiss]

It doesnt matter whether the country uses many currency because each of it is convertible, so having one currency doesnt affect our economics. It is impossible for our world to use only a single currency because we have our different traditions and beliefs.

[PeriKecilkitty]

Europe can agree to use one of the same currency but either if any other country could or not. Europeans tend to have a forward-thinking, but not necessarily the other coins have the same thoughts and thus wanted to be superior in terms of currencies.

[bambazamba]

I don't think that is possible as there will be a lot of confusion and world is divided by different hopes and views. Hence, cannot be club-ed under a single currency. But at-least we can support every currency and provide freedom of using any currency anywhere in the world.

[ibrar.noman]

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 uses a single currency then domestic production and export could effect

[Novemberboy]

Good idea but will be impossible. Economy of each country is not align. Currency value is different as well. If we dream of one currency, all country must unite.

[jcarlo]

Its almost impossible if our world using single currency but it could happen too. I said almost impossible because every country have different economic growth and product. Every country have their own size economic

[Alalex]

It could be if the world had only a single money, if the state is not separated and the continent is not split by the great oceans.

Continue there is no differentiating the other and the government for the whole world is only 1, it is surely the cash currency will also be singular ..

so because the worldininiterlaluluas for us to occupy and the great ocean separates the island and the continent, making people divided by different patterns of thought ..

So therefore the government is divided by a considerable amount to regulate a country.

The world is too big so can not be governed by one pemetintahan.Dan the state also competes with the state's income so it will not be strong if managed by a single government.

So also with cash can not be dwarfed because of competition between state administrations in charge of managing the country.

It's all that makes the difference happen not only government cash can not be pushed into one government for the whole world.

And cripto money also mem have some kind of cripto money that exists, because many of the competition in this world to each other to get the benefits of each other.

If there is a development of this world make a change for a successful government of the country will be very nice.

so the world needs each other, and the world can not be governed by one government alone.

[Semaj123]

Its almost impossible if our world using single currency but it could happen too. I said almost impossible because every country have different economic growth and product. Every country have their own size economic

Having one currency would be very difficult to imagine because it will only cause an imbalance to the economy imo. Also, there will be no competition that would happen in the market. Although, to think it is easy because we don't need to trade but we should have a balance in order for the economy to grow.

[freedomgo]

Its almost impossible if our world using single currency but it could happen too. I said almost impossible because every country have different economic growth and product. Every country have their own size economic

Having one currency would be very difficult to imagine because it will only cause an imbalance to the economy imo. Also, there will be no competition that would happen in the market. Although, to think it is easy because we don't need to trade but we should have a balance in order for the economy to grow.

That's correct, we have different leaders so it's going to be a different interest.
No county would allow that only once currency will be use, the current set up won't be change in the future but we will see
additional currency to fuel a faster transaction and that is the cryptocurrency.

[plaintiff77]

Then it would be of great idea if this is bitcoin. Although this is a virtual money. Before this happens many processes be fulfilled prior to the world using bitcoin currency. We all have gotten to the idea that it could be of great help if everyone uses bitcoin already. It could also be of perfect investment.

[BILGPS]

I think it is very difficult for the countries to follow only one currency and now the different countries prefer their own currency and if we just give only one currency then the fight will start among the countries that who will control it ultimate currency and where the central bank will be and which country will issue currency and then the problem of the people will rise and through this the currency value will be same every where.

[Just John]

If the world uses a single currency then things will be so much easier. People can carry out transactions in better and faster times with lower fees and not need to start worrying about exchange rates because the value of bitcoin remains the same all over the world. It would help foreign exchange immensely.

[chel0]

It think it will not happen. But if it occurs, it's a very good thing since there's no need for us to work abroad to earn enough money to support our families. Because of a standard or single currency, the value is one and the same with other countries.

[logicgate]

No, the economy will not become more stable.

A single currency causes a country to lose its independence in exchange rate and monetary policy, leading to the flow of elements to developed regions.

Neither the free flow nor the unified central finance is currently lacking among the countries of the world and cannot be owned. So if there is a genuine currency at present, the economy will undoubtedly become more unstable.

What I believe is that every country should use their currencies the way they are using them now but there should be one common currency and that should be digital one. There is no other currency that is virtual in nature and capable of doing this job at best other than bitcoin. Since bitcoin is already being used for world over transactions and deals, so there should be no problem in using it as a common currency.

[Barbarian]

No, the economy will not become more stable.

A single currency causes a country to lose its independence in exchange rate and monetary policy, leading to the flow of elements to developed regions.

Neither the free flow nor the unified central finance is currently lacking among the countries of the world and cannot be owned. So if there is a genuine currency at present, the economy will undoubtedly become more unstable.

This is correct if there was a single currency then countries around the world will be unable to adjust their monetary policy eventually this will hurt them and like always the richest country will be the ones that benefit the most out of it similar to what we are seeing with the European union.