One nation one currency...

[bakasabo]

The problem with currency is inequality of prices and salaries. If the world has one currency, then it will turn that in one country you must spend  10 "unite currency" to buy a bottle of water, but in the other it will cost 0.0001 "unite currency". It wont be a problem with banknotes, but what kind of coins then there must be? from 0.0001 to 0.5? People would carry bags of coins to exchange it to one banknote. In one nation the prices and salaries must be also identical for every country. But why should people then work for less, while others will work for a bigger salary. It is impossible to balance on price in every country and set everything unified.

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[Yaunfitda]

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?

Sad to say there is no perfect world, and since time immemorial, there is conflicts in human history. So I doubt that there will be singularity in the world, and that one nation, one currency wouldn't happen unless there is some high being intervention (but this is from the realm of imagination). So to answer your questions, NO, it is not possible, and obviously there will be no benefits whatsoever.

[michellee]

I do not think that can happen because humans will not explore other places, giving them more knowledge to create or invent many things. Humans will stay in one place, trying to survive and create things from whatever they can get from that place. Sooner or later, when the resources are gone, they will move to the other place and not try to go to other places.

If you think we will become like what you saw in Star Trek or something similar to that movie, I do not think it will happen. Maybe if there is a big crash to the earth and force many humans to die and only have some colony, that can have one currency because they are united in one place.

And now, we are separated from many places, make us want to have one thing that will be different from the other such as currency, language, geography, culture, or other and that will show our identity to the other.

[Lucius]

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.

[jaberwock]

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?

We do not need to become one country and have one currency before we can start working towards having a better world and invest in resource development. We can have one everything and the world would still continue to be a very weird place and even get worse.

So, it’s not really about having one currency and one country. We can do better even as we are right now. Our problem is pride and lack of unity, and greediness. Maybe if our leaders can come together for the good of humanity and without even forming a one government, they can start working towards a better world by collaborating with each other, it’s possible.

[Mauser]

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?

I do think that this is possible and hope humanity can reach to have only one country with one currency. This would also mean to have only one government that takes care of all the people in the world. As long as that one country is based upon freedom and equality it should be the goal. The biggest hurdle to reach that a world is religion in my opinion. Religions are different all around the world, people pray differently and have different customs, and every religious person says that his god is the real one. Too many wars have been fought in the name of God. We need equality for the world to work together. The more technology advances the less religious people there will be. In a few hundred years we could have only one country on earth with one currency.

[Baofeng]

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?

I do think that this is possible and hope humanity can reach to have only one country with one currency. This would also mean to have only one government that takes care of all the people in the world. As long as that one country is based upon freedom and equality it should be the goal. The biggest hurdle to reach that a world is religion in my opinion. Religions are different all around the world, people pray differently and have different customs, and every religious person says that his god is the real one. Too many wars have been fought in the name of God. We need equality for the world to work together. The more technology advances the less religious people there will be. In a few hundred years we could have only one country on earth with one currency.

With all the conflicts around the globe right now? may it be political, or religion I doubt that we will have hope on humanity to reach an agreement and have one country with one currency. It will take a great deal on the leaders around the world to unite and form this one. Even in the UN and other governing bodies, like G7 there is already conflict and back stabbing, so this is not a viable proposal in my opinion.

[redwine49]

If you look at some sci-fi series like Star Trek, there's a united nation on Earth

maybe all humans on this earth should have the same goal the same enemy to ignore our personal interests

Then it wouldn’t be called science fiction

It would be really strange that human attitudes can change in the sense that people should not be enemies to each other - but the problem is not ordinary people who just want to live normally, but those who have the power to control all these people. Is the average Russian eager for war with Ukraine or is the average American interested in imposing sanctions on China or Iran? Of course, this is never the case - corrupt politicians constantly want to keep nations in some sort of quarrel so that they can still enjoy the power that comes from all the chaos they produce.

Your point of view has made it clear that we all don't want conflict who end up killing each other. That's why our politicians & leaders don't have as much power as kings in our history book. Actually if you compare in the past, our world is more peacefull than before. Thanks to the internet & technology so we can connect each other and can read the world news

even though we can't be one nation, we already have the United Nations
there will never be a single currency in this world as cryptocurrency is not just bitcoin

[laredo7mm]

If you look at some sci-fi series like Star Trek, there's a united nation on Earth

maybe all humans on this earth should have the same goal the same enemy to ignore our personal interests

Then it wouldn’t be called science fiction

It would be really strange that human attitudes can change in the sense that people should not be enemies to each other - but the problem is not ordinary people who just want to live normally, but those who have the power to control all these people. Is the average Russian eager for war with Ukraine or is the average American interested in imposing sanctions on China or Iran? Of course, this is never the case - corrupt politicians constantly want to keep nations in some sort of quarrel so that they can still enjoy the power that comes from all the chaos they produce.

Your point of view has made it clear that we all don't want conflict who end up killing each other. That's why our politicians & leaders don't have as much power as kings in our history book. Actually if you compare in the past, our world is more peacefull than before. Thanks to the internet & technology so we can connect each other and can read the world news

even though we can't be one nation, we already have the United Nations
there will never be a single currency in this world as cryptocurrency is not just bitcoin

Do you know why the world is more peaceful now? In the past, all the power was consolidated to the king and the king can do anything they wants to. But now in a democratic country, you can not do that so easily. Also, nuclear power gives some balance to the world power and that is why North Korea can threaten the USA but fear to do any military conflict. In the past biggest and more trained army win the battle but now one single nuclear strike could turn the tide no matter what's your army size is. The nuclear weapon is the most dangerous weapon in the human's arsenal and this is the reason we haven't seen any world war till now. World leaders understand mind your own business is good for everybody.

[ChiBitCTy]

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 the type of thing that I have thought about over the years, wishing that we could just all get along in harmony, work toward one common good etc.. but the problem is that were are too divided by our beliefs, one group believing one thing is right and the other believing the opposite.  This is why I don't foresee this as possible any time soon, but it's a great thought!

[hyudien]

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 the type of thing that I have thought about over the years, wishing that we could just all get along in harmony, work toward one common good etc.. but the problem is that were are too divided by our beliefs, one group believing one thing is right and the other believing the opposite.  This is why I don't foresee this as possible any time soon, but it's a great thought!

No conflict? only enough to eliminate the nature of lust and greed that exist in humans. Unfortunately, the world is designed to balance Yin and Yang, however, we live in a world full of question marks, between yes and no. So if ideally, harmony occurs, the first to second world wars will not be created and will not cause an economic crisis anywhere. The greed of mankind has made the world unbalanced.

[bitgolden]

We do not need to become one country and have one currency before we can start working towards having a better world and invest in resource development. We can have one everything and the world would still continue to be a very weird place and even get worse.

So, it’s not really about having one currency and one country. We can do better even as we are right now. Our problem is pride and lack of unity, and greediness. Maybe if our leaders can come together for the good of humanity and without even forming a one government, they can start working towards a better world by collaborating with each other, it’s possible.

The greediness is not even the problem, the wealthy are select few and they do not have enough power to change things. The main problem is the poor that supports the rich people. How many millionaires are there in the USA? Around 20 million, what is their population? 330 million, how many can vote? Basically more than half of that, near to 200 levels but we know that won't happen.

So, what we can see here is that there are nearly 150 million people who could vote to get someone elected who would close the wealth gap, and use all of that money to make the nation a better place for everyone equally.

But, there will always be people who will say things like "but they work hard for it and you want free stuff!!!!". Well everyone works, the doctor works as hard as the nurse and they work as hard as the teacher and the mechanic but some people have 300 billion dollars whereas there are people with less than 300 dollars. I am fine, I would be one of the people who would have to pay up, not get money, and I still want this.

[bitmover]

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.

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.

One nation, one currency. But dont forget, this also comes with one leader.

Decentralization is the way to go.
Centralization of power and decisions will hardly be good for individuals

[Lucius]

One nation, one currency. But dont forget, this also comes with one leader.
Decentralization is the way to go.
Centralization of power and decisions will hardly be good for individuals

People obviously do not understand that part when we talk about the EU and the fact that 70% of all decisions are made in the EU parliament - and then only formally confirmed in national parliaments. States that defend their national interests are fighting against it, but there are many who accept whatever is asked of them, even to the detriment of their own people.

Some people mistakenly compare Bitcoin to the EUR or US dollar when they talk about some common currency, and these are completely different things. The euro has centralized the monetary policy of the eurozone to the extent that the ECB decides how each member state will manage its wealth. One should remember the example of Italy, which has major problems with external debt, which currently stands at over 150% of GDP - and the fact that it is a country with the third-largest gold reserve in the world, but the idea itself was initially cut short by the ECB (you cannot sell gold to pay debts) - which is absurd, to have so much wealth and not be able to use it for your own country.

[TheNineClub]

I do applaud your thinking and, the unification idea is something I do hope for, but if that tends to happen it can only come in the far future. Crypto is a good example that one currency at this point is not even an option, because if we really, truly, were ready to evolve, then BTC would be a great starting point and we would stick with that, but we didn't and we have diversity. However, in crypto, unlike FIAT, diversity (at least on some levels) comes from technological, and not cultural diversity, and if anything, that's a step in the right direction.

[Ozero]

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?

Probably, each of us thought about what would happen if there were no wars and other conflicts between states in our world and there was only one state on our planet without language differences. We know that in practice there is not even a single year in us that there are no wars on the planet, and yet they lead to great destruction and great material and human losses.
In this regard, it can be stated unequivocally that then both the material and mental efforts of mankind would be directed to the development of science and technology, the knowledge of our capabilities and the world around us, including the exploration of near and far space. By this time, we would have a completely different society, with the highest technology and amenities for people.
But we are not the first human civilization on this planet. There is an opinion that it was technological development that ultimately led to the destruction of mankind.

[redwine49]

Do you know why the world is more peaceful now? In the past, all the power was consolidated to the king and the king can do anything they wants to. But now in a democratic country, you can not do that so easily. Also, nuclear power gives some balance to the world power and that is why North Korea can threaten the USA but fear to do any military conflict. In the past biggest and more trained army win the battle but now one single nuclear strike could turn the tide no matter what's your army size is. The nuclear weapon is the most dangerous weapon in the human's arsenal and this is the reason we haven't seen any world war till now. World leaders understand mind your own business is good for everybody.

Yep, that's what happen in our world right now.

No conflict? only enough to eliminate the nature of lust and greed that exist in humans. Unfortunately, the world is designed to balance Yin and Yang, however, we live in a world full of question marks, between yes and no. So if ideally, harmony occurs, the first to second world wars will not be created and will not cause an economic crisis anywhere. The greed of mankind has made the world unbalanced.

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

[hyudien]

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.

[teosanru]

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?

I think we humans have never created boundaries for us, boundaries are actually created by our circumstances and our limitations, for example in the past boundaries were created due to limitations of travel and communications, this was the reason why states or kingdoms were built. Gradually kingdoms turned into large countries. Now as mobility has increased so much we are thinking of just one nation. I think it's just a matter of time and eventually we will become one world one country one currency.

[qwertyup23]

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.