Post
Topic
Board Economics
Re: What will happen if we use a one currency only?
by
kimpena
on 04/10/2017, 15:11:34 UTC
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion. Cheesy
As far as I understand your question, you are pointing out is that if one day we use only one currency which is bitcoin there will be no exchange/converting rate, meaning no need to convert your money into other money like peso to dollar. Well, if that's the case it'll be great, cause this will lessen the effort of those people working outside their country in converting money. Converting money into other also lessen the value of it, therefore if we only have one currency we'll all have the same value of money.