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DOH!
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May 02, 2022, 11:24:43 AM
 #141

We can actually consider USD as global currency since as we see this one used by many country especially when they are dealing some product overseas or even online.

USD - I think contradictory too much.

This is also the reason the US holds the majority of debt bonds, the US owns more bonds than all other international banks combined.  Unfortunately, this is not a common or global reserve currency standard.  In my opinion, this is also the reason that countries like China, Russia, India expect to use their currencies for international trade (energy, oil and gas...), as a result they have difficulties.  .  .  try to prevent with economic sanctions, trade disputes to increase dependence on the US dollar.  It seems so simple

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May 02, 2022, 11:49:24 AM
 #142

USD has in the past years proven strong resistant over inflation and many countries cant neglect it role in currency exchange to the own local currency, the economy need stability but because of the little recent discrepancies in market supply as a result of the corona pandemic and Russia invassion has led many businesses go down but it will be a good thing if the standard of USD is maintained as still the universal or global most accepted currency alongside with bitcoin.



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May 02, 2022, 11:53:28 AM
 #143

There is a say that variety is the spice of life, so if human in their own wisdom is trying to create a system where we're going to have

i.One Government

ii.One currency and

iii.One religion

Which I have heard most people talked about , I think that is the beginning of the end,
Because trying to unify the whole world and financial system will be destruction at the end.

R


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May 04, 2022, 08:32:35 AM
 #144

USD has in the past years proven strong resistant over inflation and many countries cant neglect it role in currency exchange to the own local currency, the economy need stability but because of the little recent discrepancies in market supply as a result of the corona pandemic and Russia invassion has led many businesses go down but it will be a good thing if the standard of USD is maintained as still the universal or global most accepted currency alongside with bitcoin.

USD PPP is going down every year and its influence as a global currency reduce to 40%. There are other currencies that are also being used for global trade and their influence is getting stronger every year. I am not sure for how long USD could hold its position because due to inflation many countries are thinking about replacing the USD for global trade. Russia's action to pay bills for oil and gas in ruble could encourage countries like china to do the similar too.
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May 04, 2022, 09:37:01 AM
 #145

The state must certainly have strong control over the economy, if in a country there is a lot of money circulating for transactions it will cause serious problems, namely legal money will be defeated, because not necessarily other countries want to use National Currency so that with one nation one money is the right step to control problems and of course easy for solutions.
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May 04, 2022, 11:52:11 AM
 #146

There is a say that variety is the spice of life, so if human in their own wisdom is trying to create a system where we're going to have

i.One Government

ii.One currency and

iii.One religion

Which I have heard most people talked about , I think that is the beginning of the end,
Because trying to unify the whole world and financial system will be destruction at the end.

You can create a single state and a single people, but at the same time give people the opportunity to show their individuality.  

In the future, people will be able to create their own experimental states (country), but these states will have a certain limited duration of their existence.  It will be possible to create an experimental state (country) with a certain social system - capitalism, socialism, communism, a monarchy, a republic, etc. Such temporary states will be created for scientific purposes.  They will allow you to test certain scientific hypotheses.  

People will also be able to freely change their citizenship.  Today I can declare myself an elf (citizen of Gondolin), and tomorrow a goblin or a hobbit, and the day after tomorrow I will come up with something of my own.  

But all this can be done within the framework of one nation and state.

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May 04, 2022, 03:00:47 PM
 #147

There is a say that variety is the spice of life, so if human in their own wisdom is trying to create a system where we're going to have

i.One Government

ii.One currency and

iii.One religion

Which I have heard most people talked about , I think that is the beginning of the end,
Because trying to unify the whole world and financial system will be destruction at the end.
if it's about unifying the world then I believe it's impossible, people live with different mindsets and traits but if you unite finances I still believe it can, Bitcoin was created to unite differences in finance, 1 bitcoin is 1 bitcoin in the whole world, that's do not change.

R


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May 04, 2022, 06:13:44 PM
 #148

From the beginning of humans, we have created boundaries between ourselves by lots of conflict over the century. Our greediness and eagerness for more power make us intelligent animals. Humans are capable of their own destruction. But what if those never happen? what will be the scenario of the current world if there is only one nation and one currency and humans invest their full strength for human resource development and the development of science and technology? What do you think is that even possible in the future and what will be the benefits and inconvenience of it?

It would be very interesting. But I think it's too unrealistic. I want everyone to live in peace, but it is impossible to unite all countries into one. I think the main reason is religion. She brings people together. All countries are in different conditions and they have their own level of development. It is impossible to make all countries the same. But I really like this idea.
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May 05, 2022, 02:24:20 AM
 #149

It is time for the state to give freedom to the public to use anything for transactions, the task of the state is to regulate and impose strict taxes on every transaction that occurs so that the slogan of one nation one currency is currently irrelevant.
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