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Author Topic: Can it be possible for the whole wide world use a single currency?  (Read 1231 times)
liseff3
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May 16, 2018, 12:00:08 AM
 #261

Each country has a product that they are proud of, one of them is fiat money because as we can see, in the pictures printed there they proudly write or describe, the name of the country, the name of the state bank and usually the name of the hero or the name of the star, it is clear whatever the pride of the country they appear into their product called money, For me, the money they publish almost the same as an ad, because on the money often show something that became the pride of the country.
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May 16, 2018, 01:07:11 AM
 #262

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?


I believe yes and cryptocurrency is the best currency to use since we already have the advanced technology. It would really just take time because a lot of people don't know anything about crypto yet but I believe that time will come where in people would accept it as a currency.
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May 16, 2018, 01:32:29 AM
 #263

It's not possible if the whole world uses a single currency because every country has its own currency and the eye is its own identity, but now there is a digital currency that is bitcoin which is a digital currency that can be used all over the world but unfortunately belim in received by most countries.
Thats the point. the local currency becomes the identity of a country and it describes their economy. if there is one currency it means there will be only one country. and that's impossible to happen but if you want to use the currency that is accepted worldwide internationally then dollar can you take anywhere
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May 16, 2018, 01:54:45 AM
 #264

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?

One uniform currency for the whole world is possible through cryptocurrency. It would be easier to trade globally especially in terms of paying products. By using block chain platform, transactions will be easier and even payment. However, the challenge is on acceptance of each country on the use of cryptocurrencies.
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May 16, 2018, 03:46:15 AM
 #265

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?
I dont think that bitcoin could be use as a global currency, it may lose the value as a cryptocurrency. which currency i can suggest to accept globally? i will prefer to USD , as it always be accepted for trade almost around the world and international transactions are familiar with USD.
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May 16, 2018, 06:45:36 AM
 #266

It's not possible if the whole world uses a single currency because every country has its own currency and the eye is its own identity, but now there is a digital currency that is bitcoin which is a digital currency that can be used all over the world but unfortunately belim in received by most countries.
Thats the point. the local currency becomes the identity of a country and it describes their economy. if there is one currency it means there will be only one country. and that's impossible to happen but if you want to use the currency that is accepted worldwide internationally then dollar can you take anywhere
It still depend in the future because who knows, maybe our world will become one and there will be no hate in any countries and then we can unite and that unity will result for a lot of positive things like having single currency that we can use anywhere we go and that is only possible if there will be no hate but just love.
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May 16, 2018, 10:25:58 AM
 #267

It's not possible if the whole world uses a single currency because every country has its own currency and the eye is its own identity, but now there is a digital currency that is bitcoin which is a digital currency that can be used all over the world but unfortunately belim in received by most countries.
Thats the point. the local currency becomes the identity of a country and it describes their economy. if there is one currency it means there will be only one country. and that's impossible to happen but if you want to use the currency that is accepted worldwide internationally then dollar can you take anywhere
It still depend in the future because who knows, maybe our world will become one and there will be no hate in any countries and then we can unite and that unity will result for a lot of positive things like having single currency that we can use anywhere we go and that is only possible if there will be no hate but just love.

and if it really happens, then we can have a better life in the future without any different and no hate in every country. we can walk together in one united with love and I think there will be no chaos in everywhere. every people will unite too without thinking about where he lives and in the different places then it could possible to have one currency only.

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BertoloyBTC
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May 16, 2018, 10:49:02 AM
 #268

It's not possible if the whole world uses a single currency because every country has its own currency and the eye is its own identity, but now there is a digital currency that is bitcoin which is a digital currency that can be used all over the world but unfortunately belim in received by most countries.
Thats the point. the local currency becomes the identity of a country and it describes their economy. if there is one currency it means there will be only one country. and that's impossible to happen but if you want to use the currency that is accepted worldwide internationally then dollar can you take anywhere
It still depend in the future because who knows, maybe our world will become one and there will be no hate in any countries and then we can unite and that unity will result for a lot of positive things like having single currency that we can use anywhere we go and that is only possible if there will be no hate but just love.

and if it really happens, then we can have a better life in the future without any different and no hate in every country. we can walk together in one united with love and I think there will be no chaos in everywhere. every people will unite too without thinking about where he lives and in the different places then it could possible to have one currency only.

This is what the whole world wants to have a single currency , so that whatever payments and transactions worldwide it will paid with one currency only, and whenever and whereevet you go around the world there will be no more exchanges of currency becausr only one currency is used worldwide so this could make payment and transactions so easy because of one currency.
agentx44
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May 16, 2018, 12:13:58 PM
 #269

In my own personal opinion, it is good because it will unite us as one country and currency, but i think it is not possible for the whole wide world use a single currency because governments will fight each other because of their own corruption and greed. I think if that happens dollar will be the currency.
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May 16, 2018, 01:17:53 PM
 #270

This Btc can be very popular in the world, but I really do not think that bitcoin can become the main global currency. Using a single currency will cause many economic problems. If that happens It will be very risky because individuals who own more Btc can dominate the market
kamilah147
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May 16, 2018, 02:20:26 PM
 #271

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?
the thinking in each country is different, sometimes there is allowing bitcoin to circulate and can be used for currency, and sometimes there is also not agree with all that. so we have to see progress in the future.

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May 16, 2018, 02:29:18 PM
 #272

It will be advisable to use a local currency for the domestic purpose of each country and parallel to that a currency which can be operational world wide like bitcoin for the international deal .Normally all countries have their own currencies controlled by the government or the reserve Bank of each country that will be convenient for the citizen to use for his daily need.The common single currency can be operated for the international usage. World wide a single currency usage will be inconvenient for most of the global community because of their inefficiency to use the internet
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May 16, 2018, 02:33:29 PM
 #273

Each country has a product that they are proud of, one of them is fiat money because as we can see, in the pictures printed there they proudly write or describe, the name of the country, the name of the state bank and usually the name of the hero or the name of the star, it is clear whatever the pride of the country they appear into their product called money, For me, the money they publish almost the same as an ad, because on the money often show something that became the pride of the country.
And when a product has become a pride, a national symbol, if someone wants them to change and use something that does not belong to them, replacing their pride, that would certainly be something very annoying and even humiliating them, they will never agree. Therefore, the story that the whole world uses a single currency is unrealistic, different countries with different economies, different development, using only one currency will be very easy to cause imbalances, even occurring no-stop debates then can attack each other, world peace will disappear, not good for the people

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May 16, 2018, 02:36:33 PM
 #274

In my own personal opinion, it is good because it will unite us as one country and currency, but i think it is not possible for the whole wide world use a single currency because governments will fight each other because of their own corruption and greed. I think if that happens dollar will be the currency.
Dollar is an international currency where you can use it everywhere as long as they support it. If dollar become an only one currency, dollar will be worthless cuz inflation and such. You can't do that, so government on certain country made their own currency to cover this.

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May 16, 2018, 03:24:33 PM
 #275

IMO it is possible but it is also possible that the government will oppose to that idea. To think that they are focused on centralization, and just a certain currency that isn't centralized will ruin their plans, nah i guess it will be troublesome.
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May 16, 2018, 03:52:43 PM
 #276

The euro is an example of a single currency being used in a region of the world. Therefore it can be possible for the whole wide world to use a single currency. However, this would require protocols/agreements between countries, regional block and international collaborations. Cyriptocurrencies has this possibility even though most governments are presently not decided yet I believe that the future of this topic holds an interesting discuss as national, regional and world economies evolve.
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May 16, 2018, 04:00:21 PM
 #277

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?
the thinking in each country is different, sometimes there is allowing bitcoin to circulate and can be used for currency, and sometimes there is also not agree with all that. so we have to see progress in the future.

We can't make a country accept Bitcoin, it is their decision and I think they have their own reasons why they don't accept Bitcoin. Bitcoin has a possibility of being accepted in the whole world but there are some countries that don't agree to it since it is decentralized and volatile, some are thinking that it might be used to create a transaction to terrorists. We don't need the whole world to accept Bitcoin, we just need the people who use it and people who wants to use it to keep on using it.
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May 16, 2018, 04:31:12 PM
 #278

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?
It is possible yet not that really possible as for now if we are just going to talk the usage of regular currencies to run as a gloabally used currency. We all know that every state or country do have already generated and launched their own currencies since then so if we will be putting up that one currency will stand to be globally used, it is really hard to take over it because it means that the currency chosen will be the dominant and it will serve to be the privilege that the certain country's currency is the most powerful among other currencies which is truly not acceptable because all countries are widely competitive such that they will not allow one country to stand higher than them. But if it will be in the basis of cryptocurrency, it can be possible because it is widely independent and decentralized and flexible to be used in global basis.

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May 16, 2018, 07:39:43 PM
 #279

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?

Everything has a possibility, especially in the onset of technology, but you must also consider that every country has a long history behind them, which is the very reason why they have their own and local currencies today. Therefore, it would be hard for them to just get rid of that to have a single currency. I think there are only a few possibilities of that to be realized such as the formation of a Union between all countries, similar to how the European Union was formed, but as we all know, that is next to impossible.
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May 16, 2018, 08:26:11 PM
 #280

At the moment - it's impossible. There are many reasons for this. I believe that in the future we will use crypto currency exactly as a means of payment, but to achieve that it was a single currency is not realistic.


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