One nation one currency...

[eaLiTy]

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?

So you want to change history and create a new one, whatever you do it will not change anything because basically humans has a herd mentality and it is not going to change as long as humans are alive.

The prime example regarding the herd mentality in the cryptocurrency space is, we started with BTCitcoin and what happens if everyone follows a single currency and not thousands of currencies. That was not the case here, even in BTCitcoin we have separated into different herds of big blocks and small blocks.

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 is a dream scenario which is impossible to achieve. If you are able to convince a small group about one ideology then try with a bigger group and you will understand it is basically impossible to convince everyone .

[1715485533]

1715485533

[Silberman]

We have a first step in that direction: the Eurozone. Although there are many problems, it has lasted more than 20 years already. A monetary union that was not imposed by wars but by agreements.

It is just an attempt to do something similar to the US (United European States), but with the difference that this is about different nations in every respect (linguistic, economic, political, cultural ...), some of which refuse to use the Euro as a common currency (Czech Republic, Denmark, Hungary, Poland, Sweden). For me personally, it is a bad monetary union in which the ECB has too many control mechanisms, and all eurozone members obey its decisions.

The UK's decision to never join the eurozone proved to be a positive example, not only in terms of Brexit - but also in the fact that the UK began implementing its own economic recovery measures after 2008, and eurozone members did not do so until 2015. I have always been for individual responsibility and decisions, but that is still just my opinion.

To this I will add that any attempt to try to do something to unite all countries in a single political union will have to disregard democracy, whether the union is achieved though war or by political means whoever is on top of that union is someone that will not be elected by the people, so they do not really have any legitimacy as they do not really have the support of the population to take any decision in their, which is something that we see in the European Union and it is one of the most important complains against it.

[dbc23]

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?

If the one world currency ever comes to existence and it's centralized then it will be a call for another world war. Why do I sound this way my point is favouritism and marginalization would set in. The only way a one world currency would definitely work out without having to cause choas amongst nations is to embrace the decentralized technology. Where trust and security is built upon a network of p2p computers anything outside this could be disastrous

[freedomgo]

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?

This is definitely will not happen. Given the fact that there are countries who are underdeveloped, developing, and developed countries, the variance among their respective treasuries and value of currency would be against the these poor countries. The rich will only become richer, and the poor will become poorer as they will be deeply prejudiced with this kind of setup.

Though having one universal currency may sound a good idea that could potentially solve issues with regards to transaction, I honestly believe that it would bring more harm than good.

This idea of one nation, one currency is not something new. It has been tackled ever since, but it didn't worked out. Although it has its own advantage like having a free trade since there will be no additional charges that will be added, but knowing each country has different economic conditions, then its hard to adopt a single currency that will be most benefited by all.

[Silberman]

This may be impossible, because one world has many countries and there are also various currencies in every corner of the world.  The possibility to achieve one currency in one world is impossible except with the exchange rate and national unity.

Personally I have never been able to understand why people want something like this, if there was a single government then they will be incredibly authoritative, if we think that things are bad as they are right now a world in which there was only one country would be terrible as there will be no other options, right now if the country where you live is too oppressive you can always leave and never come back, something impossible to do with only one government.

[Pik2]

If you are religious then you better hope it never becomes one currency lol

[Vaskiy]

This may be impossible, because one world has many countries and there are also various currencies in every corner of the world.  The possibility to achieve one currency in one world is impossible except with the exchange rate and national unity.

Personally I have never been able to understand why people want something like this, if there was a single government then they will be incredibly authoritative, if we think that things are bad as they are right now a world in which there was only one country would be terrible as there will be no other options, right now if the country where you live is too oppressive you can always leave and never come back, something impossible to do with only one government.

Finally what the single country decide will turn to be a disaster and it serves to be the central authority for everything. This doesn't happen and it is against the democracy. Another important thing is the State's control gets missed. Right now the lower body is the State authority. Central powers make decisions to some level and the rest is taken care by the State authority. With one nation one currency the lifestyle and the culture being followed will gets hidden.

[ultrloa]

This may be impossible, because one world has many countries and there are also various currencies in every corner of the world.  The possibility to achieve one currency in one world is impossible except with the exchange rate and national unity.

Personally I have never been able to understand why people want something like this, if there was a single government then they will be incredibly authoritative, if we think that things are bad as they are right now a world in which there was only one country would be terrible as there will be no other options, right now if the country where you live is too oppressive you can always leave and never come back, something impossible to do with only one government.

Only supper power countries would want to see this to happen since they want to control the economic state of all country and want to dominate it. But in reality this will never happen since we know many country will not agree this to happen and its against to their democracy also this will put their country in danger since they possibly get control on the country who's top on this plan. Hopefully this will never happen since we might face the worse scenario if someone succeed this to happen.

[redwine49]

In history only us, the human species has killed each other more than any other species.
Because we are at the top one of the food chain, there is no enemy who can challange us more than our own species.
We struggle to dominate each other, kill others if they think it's necessary
Who knows in the future maybe another species will come to earth and dominate us so that circumstances will bring us together as one

The conversation goes further by talking about another species? do you mean the alien who will unite all? one world one currency? The world will still be in a different financial system but Bitcoin can be an alternative for everyone to use without being discredited with other currencies. What is certain is that the hope is that Bitcoin can enter all countries' financial systems without any more conflicts that we often encounter by institutions that do not like decentralization.

What i mean is we can't be one world one currency without conflict.
There will be somebody who want to fight for it.
There will be more conflicts because our difference.
Who won and who lose becase in the end it should be the one who will win above everything else.
Even bitcoin will be the one, it will require altcoins for bitcoin to exist.

[Zlantann]

Humans are naturally selfish and greedy. The rich wants to get richer regardless of the consequences on others. The source of wealth of rich nations mainly comes from the exploitation of poor nations. There will never be a time when nations will open its borders for free flow of goods and services. There would always be trade barriers to undermine other countries efforts to get rich.

Developed nations sabotage the efforts of developing ones so that they can sell their goods to them. How would China not sabotage the efforts of African Nations to achieve constant power supply when China's biggest generator market is Africa?

The UK refused to us the Euro and recently left the EU,  European nations are secretly nursing the same ambitions. How would there be ever a one currency when one of the greatest economic tools of exploitation is currency?

[michellee]

The conversation goes further by talking about another species? do you mean the alien who will unite all? one world one currency? The world will still be in a different financial system but Bitcoin can be an alternative for everyone to use without being discredited with other currencies. What is certain is that the hope is that Bitcoin can enter all countries' financial systems without any more conflicts that we often encounter by institutions that do not like decentralization.

What i mean is we can't be one world one currency without conflict.
There will be somebody who want to fight for it.
There will be more conflicts because our difference.
Who won and who lose becase in the end it should be the one who will win above everything else.
Even bitcoin will be the one, it will require altcoins for bitcoin to exist.

Maybe we will see bitcoin is adopted in all countries but as an alternative, so there will be no one currency but bitcoin existence supports the fiat and gives people more options to pay. It is not easy to adopt bitcoin in all countries without any conflicts happening to that countries as they have their own government and have their own reason why they still use their fiat. Bitcoin is not about forcing all countries to adopt but bitcoin gives the opportunity all of them and if they do not want to use bitcoin, then we can let them like that.

[noormcs5]

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?

This is definitely will not happen. Given the fact that there are countries who are underdeveloped, developing, and developed countries, the variance among their respective treasuries and value of currency would be against the these poor countries. The rich will only become richer, and the poor will become poorer as they will be deeply prejudiced with this kind of setup.

Though having one universal currency may sound a good idea that could potentially solve issues with regards to transaction, I honestly believe that it would bring more harm than good.

This idea of one nation, one currency is not something new. It has been tackled ever since, but it didn't worked out. Although it has its own advantage like having a free trade since there will be no additional charges that will be added, but knowing each country has different economic conditions, then its hard to adopt a single currency that will be most benefited by all.

Are we talking about one currecnty for one nation or one currecny for all the nations. In the later one, one currecny for all the nation, i can only think of bitcoin to be used as a global currecny. But it is hard to make a concenses among al the countires to align them to use a single currecny.
If we say that every nation should have its own currecny, then i don't think people will be willing to invest in these digital coins where the government would have complete control over its distribution and supply.

[davis196]

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?

There's no way that the entire human population can become one nation.
A nation is being formed for centuries.Every nation has it's own language and culture.
Do you really think that all the nations in the world would just decide to unite into one nation?
The idea of one global currency has been shared multiple times across the human history,but I don't think that most of the countries in the world would agree to abandon their monetary independence and to adopt a currency,over which they have zero control.
Gold and silver were the true global currencies,before the adoption of paper money.The world will never return to using gold and silver coins for every day transactions.

[macson]

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?

under the command of one leader and under one currency it sounds good but to be able to make it happen takes a lot of work.  The world has so many different mindsets, traits, education, climates and experiences, so it's hard to put them together.  other than that the cost of needs in each country is different ^{(we will not be able to equate the cost of living in las vegas with zimbabwe)} so i think "one nation and one currency" is not so good.

[Zanab247]

It will be difficult for the world to have one currency because many countries are used to their fiat currency and they seem their currency as the best currency in the world. Even cryptocurrency that Satoshi created to unit the world,  many countries don't accept it in their country and those that accepted it before are now banning it because many citizens who understood decentralized currency no longer show interest on their currency.
I don't think it will happen to the world, to start using one currency all over the world because no country will allow other to control their currency . There will be always Miss understanding in the pumping and dumping between two countries who don't have good ideas on cryptocurrency.

[coinmanhere]

Well in a world where there is still so much racism, humans will remain divided no matter what, if racism become irrelevant in future humans will give some other way to discriminate each other. And such species agree to one currency well it is positive thinking but not gonna agree. I mean even so called European union is failing slowly, uk is out other will follow. So yeah good thinking but not gonna happen I mean people will start punching each other if given chance even here over your question.

[Smartvirus]

~snipe~

There is no way there would be a world of nations without boundaries. Of course, its sure to remain in your imaginations as its never going to have some realistic form to it. Nations of the world are even sick of themselves and always after what they could gain. Having variant resources for which they claim ownership and exchange as they please.
Imagine you having a land and then, some one comes to explore the resources there in. That's what the world with nations not having boundaries would seem like and in turn, conflicts/wars. Its never going to be possible!

[redwine49]

What i mean is we can't be one world one currency without conflict.
There will be somebody who want to fight for it.
There will be more conflicts because our difference.
Who won and who lose becase in the end it should be the one who will win above everything else.
Even bitcoin will be the one, it will require altcoins for bitcoin to exist.

Maybe we will see bitcoin is adopted in all countries but as an alternative, so there will be no one currency but bitcoin existence supports the fiat and gives people more options to pay. It is not easy to adopt bitcoin in all countries without any conflicts happening to that countries as they have their own government and have their own reason why they still use their fiat. Bitcoin is not about forcing all countries to adopt but bitcoin gives the opportunity all of them and if they do not want to use bitcoin, then we can let them like that.

It's good to see some countries allow bitcoin as a payment option and moreover some recognize Bitcoin as an official national currency. We love to see that.
But most countries see bitcoin as an asset not money, This means they will ask for taxes just like your home and your car.
Bitcoin is also about freedom, so we don't have to react if some countries ban bitcoin unless it's in our personal interest.

~snipe~

There is no way there would be a world of nations without boundaries. Of course, its sure to remain in your imaginations as its never going to have some realistic form to it. Nations of the world are even sick of themselves and always after what they could gain. Having variant resources for which they claim ownership and exchange as they please.
Imagine you having a land and then, some one comes to explore the resources there in. That's what the world with nations not having boundaries would seem like and in turn, conflicts/wars. Its never going to be possible!

Hahaha that was @OP's idea to discuss this. I know it's unrealistic

[bakasabo]

If two neighbors are arguing and fighting for a parking place, or can agree about the height of the fence between two houses, the how is will be possible to make "one nation and one currency" ? There will be always who disagrees or have different point of view. Everyone will try to get maximum benefits only for himself, that is why it is impossible to get single or average one for everyone.

P.S. Actually there is a way to create one and only nation or currency - kill everyone except one girl and one boy, destroy everything. Let them repopulate the earth and build everything back. But this plan might fail if these two would be lazy or stupid.

[marilynmanson21]

has become the nature of 1 country 1 currency, from the time of our ancestors, maybe you hope that bitcoin also becomes your country's currency? difficult to answer if the problem of your desire,
I can't understand if 1 country has 2 or more currencies, it is possible that 1 country has several parts if each part has its own currency then each part will definitely claim that its currency is the national currency of its country (complicated to think about if it's too deep )