A global currency may be powered by the blockchain

[Valer4ik]

 it’s very close to talk about the bitcoin rate after halving in 2020 ... As you know, the cue ball cost $ 200 in 2015, and now $ 6,500. Indeed, 3 years have passed and it has grown only 33 times)))))))))) / and you build a theory here that there will be the same price in 2020)) when in 2020 you will buy pieces of 0.001 bts at the rate of $ 100,000 for 1 bts, then let's talk about your sayings and predictions ...

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[GregH37]

Have you ever heard about the "One World Currency" that will be used in the New World Order? Well, it's believed that such currency may be powered by a blockchain which is in the hands of Banks and Governments worldwide. As this technology has been proven to provide borderless payments in a fast and cheap way, it's the perfect way to upgrade the existing monetary system into one that's highly efficient, transparent, and controllable by the world's authorities. In addition, blockchain not only works for tracking money, but also property, supply chains, and more.

As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.

What are your thoughts?

About banks and government i have a doubt since crypto currencies are volatile they'll not accept it. It might be global currency but only for internet users.

This is actually about seeing the banks and government creating one single currency to be used worldwide. Now, the question actually is that which bank will come up with this, and how are they going to be able to put up a framework or infrastructure to be able to let the whole world come to terms with the idea of using a single currency.

Apparently, this would just be a single centralized currency that would be controlled by maybe one world power by then, and in the case where the whole world is not under the same government, we have more independent countries these days that can as well just come up with their own currency on the blockchain, I see it hard to get something like this possible in the long run.

[Ucy]

payments in a fast and cheap way, it's the perfect way to upgrade the existing monetary system into one that's highly efficient, transparent, and controllable by the world's authorities.

The inconsistencies in your writeup is very obvious... I do not think Central Power and Transparency are compatible. Power in the Center normally weakens Transparency.
 This is not the way Blockchain works by the way. Government authorities controling a Blockchain will render it useless.

[Sadlife]

That would only happen if there are no borders, countries and nation. If the world has only one government then it could happen but let's not kid ourselves we all know that no sane government or country would angry to be controlled by one nation that's why wars always break out. Even now many countries are fighting through economic war trying to be the best currency of the stock market.

[HarmonyA]

Digitalization or the digital economy is the way of borderless delivery of services. Blockchain has provided the foundation for such technology. Blockchain needs to stabilize it policy and accepted by government and other agencies for the One world currency to be achieved.

[boled]

even though I have doubts about this project, but I still hope this really happens. this is really fresh news. I just heard it. I wonder what the results will be. Can you share source link about this news?

[BartS]

Have you ever heard about the "One World Currency" that will be used in the New World Order? Well, it's believed that such currency may be powered by a blockchain which is in the hands of Banks and Governments worldwide. As this technology has been proven to provide borderless payments in a fast and cheap way, it's the perfect way to upgrade the existing monetary system into one that's highly efficient, transparent, and controllable by the world's authorities. In addition, blockchain not only works for tracking money, but also property, supply chains, and more.

As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.

What are your thoughts?

Not going to happen, I know that is a very popular topic among many people that like conspiracy theories but countries are not going to give up the right to print their own currencies as easily as you think, just look at what it's happening in this market, bitcoin was created and then just a few years later we have thousands of coins, now anyone can create their own coin, so I really think that in the future we are not going to have a one world currency we are going to have tens of thousands of currencies.

[Abiky]

This is actually about seeing the banks and government creating one single currency to be used worldwide. Now, the question actually is that which bank will come up with this, and how are they going to be able to put up a framework or infrastructure to be able to let the whole world come to terms with the idea of using a single currency.

Apparently, this would just be a single centralized currency that would be controlled by maybe one world power by then, and in the case where the whole world is not under the same government, we have more independent countries these days that can as well just come up with their own currency on the blockchain, I see it hard to get something like this possible in the long run.

Speaking of banks and governments creating a single currency to be used worldwide, I believe that Ripple/XRP fits the bill quite nicely. It's centralized, regulatory-compliant, and a few banks have established partnerships with it. If successful, then banks worldwide could come up to an agreement (along with the Ripple company and governments worldwide) to launch a single currency living on the XPR blockchain which will be used by every nation on the world. As far as I can tell, it's possible to launch a digital asset or token on the XRP blockchain nowadays (read the documentation), making it a possibility for banks and governments to achieve said purpose.

Since everything is heading into the digital world, I believe that a One World Currency operating on blockchain tech is bound to happen within a few years from now. After all, blockchain enables transparency, trust, reliability, lower costs and higher security, which serves well the likes of banks and governments worldwide. They have realized this and have started to explore the tech more deeply. As such, it wouldn't be surprising when we see the world's major fiat currencies being transitioned into the blockchain within the future. Some countries have already launched their digital currencies operating on blockchain tech (like Venezuela's Petro currency) which means that there's huge interest from governments into acquiring and using this tech for their own benefit.

Now, all it's needed is for the Internet to gain widespread usage in every region of the world, and the creation of a One World Currency might become a reality. Just my thoughts

[Whosdaddy]

Have you ever heard about the "One World Currency" that will be used in the New World Order? Well, it's believed that such currency may be powered by a blockchain which is in the hands of Banks and Governments worldwide. As this technology has been proven to provide borderless payments in a fast and cheap way, it's the perfect way to upgrade the existing monetary system into one that's highly efficient, transparent, and controllable by the world's authorities. In addition, blockchain not only works for tracking money, but also property, supply chains, and more.

As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.

What are your thoughts?

Some people are just agents of foolishness why can’t you talk about things that are helpful than talk about things that will never happen till you die? Even if there is going to be such like you said, do you think that blockchain is going to be what they use? What makes Blockchain much better than fiat? Fiat is better cause it has a physical form and can also be used digitally like we do with cryptocurrencies. Apart from that, Bitcoin and the Blockchain are prone to cyber attacks. Uhhm… what do I know? Nothing.

[Janation]

Digitalization or the digital economy is the way of borderless delivery of services. Blockchain has provided the foundation for such technology. Blockchain needs to stabilize it policy and accepted by government and other agencies for the One world currency to be achieved.

This will be great since transactions will be better but I don't think I would be able to accept this to be applied. It is great since we will know that the government are not always focusing on the main problems of the country but also making their ways to improve or develop other things but as I said, I don't think I would be able to accept it.

Fiat may not be favorable to other people at some point but if you will be thinking of it, you can transact fiat more secretly than cryptocurrencies. The Blockchain would be able to track your transactions and government would be able to snoop on your transactions and I don't like that. I'd rather use Fiat in that case rather than use cryptos even if it is a development.

[CryptoAssasin]

That sounds interesting and might create a way for cryptocurrency to be regulated. That "One world currency" that will be powered by blockchain will be considered as cryptocurrency right? If that happens, they will surely make proper regulation for cryptocurrency and bitcoin will become the first fiat cryptocurrency. That will not be impossible once that "One world currency" becomes a real deal for the government and the banks. The next thing to happen will be more exciting.

[resty]

Have you ever heard about the "One World Currency" that will be used in the New World Order? Well, it's believed that such currency may be powered by a blockchain which is in the hands of Banks and Governments worldwide. As this technology has been proven to provide borderless payments in a fast and cheap way, it's the perfect way to upgrade the existing monetary system into one that's highly efficient, transparent, and controllable by the world's authorities. In addition, blockchain not only works for tracking money, but also property, supply chains, and more.

As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.

What are your thoughts?

More years to come climate is always changed their status  and because of continuously research for a better technology no doubt after several years Block chain technology is a leading operation throughout the world and Bitcoin is a primary Currency use I'm sure.

[Escf4]

That might be possible that global currency can be powered by blockchain technology , this is because this technology is very good kind of technology especially for digital business and investments so it can really make the business runs smoothly using this blockchain technology.

[Nila soru]

Have you ever heard about the "One World Currency" that will be used in the New World Order? Well, it's believed that such currency may be powered by a blockchain which is in the hands of Banks and Governments worldwide. As this technology has been proven to provide borderless payments in a fast and cheap way, it's the perfect way to upgrade the existing monetary system into one that's highly efficient, transparent, and controllable by the world's authorities. In addition, blockchain not only works for tracking money, but also property, supply chains, and more.

As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.

What are your thoughts?

Not going to happen, I know that is a very popular topic among many people that like conspiracy theories but countries are not going to give up the right to print their own currencies as easily as you think, just look at what it's happening in this market, bitcoin was created and then just a few years later we have thousands of coins, now anyone can create their own coin, so I really think that in the future we are not going to have a one world currency we are going to have tens of thousands of currencies.

Not only digital global currency but almost everything will be controlled by blockchain technology. That will be the new era of innovations. Blockchain technology is the latest controllable software for all our works, needs and information. One world currency will be soon applied throughout the world. Almost one forth has already accepted crypto as their regular currency.

[Yatsan]

Have you ever heard about the "One World Currency" that will be used in the New World Order? Well, it's believed that such currency may be powered by a blockchain which is in the hands of Banks and Governments worldwide. As this technology has been proven to provide borderless payments in a fast and cheap way, it's the perfect way to upgrade the existing monetary system into one that's highly efficient, transparent, and controllable by the world's authorities. In addition, blockchain not only works for tracking money, but also property, supply chains, and more.

As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.

What are your thoughts?

It is really difficult to unite ans provide a global currency since we do havw different government system. It impossible on many country such as the third ones because of low back up funds, aside there will be economy imbalance if a global currency would be implemented. Blockchain technology is a great system for financing however we will be needing a great, fast and wide network for the world.

[Kira_lapa]

I think this is a topic for good thinking and real for execution. Perhaps after a large amount of time it will happen, but now it is too early to think about it. To do this, all States must unite, but so far it is also impossible to implement.

[shield132]

There was and probably is one global currency and it's Gold, in history silver and gold were used worldwide and also all currencies are backed by gold as for now. There is no need of another currency which will be called global currency. Every current currency is exchangeable so they are global for me but on another hand  many countries' economics depends on usd and there are many countries which doesn't need their own currency because they are economically very weak and big importers, so usd has great chance here. On another hand can't think why we need blockchain technology here.

[bitcoinrays]

This is actually about seeing the banks and government creating one single currency to be used worldwide. Now, the question actually is that which bank will come up with this, and how are they going to be able to put up a framework or infrastructure to be able to let the whole world come to terms with the idea of using a single currency.

Apparently, this would just be a single centralized currency that would be controlled by maybe one world power by then, and in the case where the whole world is not under the same government, we have more independent countries these days that can as well just come up with their own currency on the blockchain, I see it hard to get something like this possible in the long run.

Speaking of banks and governments creating a single currency to be used worldwide, I believe that Ripple/XRP fits the bill quite nicely. It's centralized, regulatory-compliant, and a few banks have established partnerships with it. If successful, then banks worldwide could come up to an agreement (along with the Ripple company and governments worldwide) to launch a single currency living on the XPR blockchain which will be used by every nation on the world. As far as I can tell, it's possible to launch a digital asset or token on the XRP blockchain nowadays (read the documentation), making it a possibility for banks and governments to achieve said purpose.

Since everything is heading into the digital world, I believe that a One World Currency operating on blockchain tech is bound to happen within a few years from now. After all, blockchain enables transparency, trust, reliability, lower costs and higher security, which serves well the likes of banks and governments worldwide. They have realized this and have started to explore the tech more deeply. As such, it wouldn't be surprising when we see the world's major fiat currencies being transitioned into the blockchain within the future. Some countries have already launched their digital currencies operating on blockchain tech (like Venezuela's Petro currency) which means that there's huge interest from governments into acquiring and using this tech for their own benefit.

Now, all it's needed is for the Internet to gain widespread usage in every region of the world, and the creation of a One World Currency might become a reality. Just my thoughts

Blockchain is something unbelievable. Its features, benefits and advantages are hard to understand. When blockchain applies in the world there would be no need for banks and any other financial institutions. Blockchain will do everything and humans will feel ease in their lives. Blockchain will also have some disadvantaged but that could not be discussed yet.

[rickadone]

Not only digital global currency but almost everything will be controlled by blockchain technology. That will be the new era of innovations. Blockchain technology is the latest controllable software for all our works, needs and information. One world currency will be soon applied throughout the world. Almost one forth has already accepted crypto as their regular currency.

There is no doubt that blockchain technology is taking every sector by storm and it is just about time before we started seeing it spread widely in usage and implementation. However, when it comes to having a global currency powered by blockchain which in this case we are talking about something created by the government, which obviously would be centralized, I really do not see how that would be plausible.

If we have to even consider a global currency powered by blockchain, I think bitcoin has already taken that spot as far as I am concerned, and every government worldwide, would practically just come up with the idea of integrating the blockchain technology into their system which would still be centralized and regulated as usual.

[magneto]

It could. And bitcoin is already doing it, as it exists without any borders or sovereign 'issuer'.

But I think what you're trying to explore here is something like a centrally issued, one world currency, like the Phoenix which is mentioned by the economist article many many years ago. In that case, yes, it could happen with blockchain as well, but it wouldn't really pose any benefits in my opinion.

If a crypto is not decentralised then there is really no point in using it instead of any other form of electronic banking with fiat. There could be benefits for the authority in terms of ease of management and control over the entire currency supply, as well as tracking, but these benefits are limited to them. I'd much rather use bitcoin and other decentralised cryptocurrencies which are already quite globally accepted.