Post
Topic
Board Economics
Re: What will happen if we use a one currency only?
by
stellgod
on 05/10/2017, 12:25:58 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

    In my opinion, I do not think it will help if all nation used one currency. For me, There is a reason why every country have their own currency, is it because of there economy. I think if we have one currency there is no balance will happen in our market or in an economy of every country. So it is impossible to implement one currency in our nation.
That will be a great idea to use one currency across the globe and that must be some digital currency paper money have some limitations. And many regions will not accept foreign paper money as global so bitcoin is the smartest option to make It as global currency so that trading must be done with it across the globe and the people have no objection in accepting it.
I am also highly in favor of using one currency because we are already living in global village then why not we should make our currency one. It would make things damn easier in order to let us deal with each other very effectively. I am pretty optimistic regarding this idea because the pace at which people are increasing as bitcoin users, bitcoin will soon become the only currency of the world.