Post
Topic
Board Economics
Re: Is there any chance of having one global currency?
by
ErmaburR
on 24/10/2018, 11:02:58 UTC
Could you see a future wherein the entire world shares one global currency, be it fiat or crypto? If I think it in a scifi kind of way, it would most probably be some digital currency that could all just use. It doesn't even have to be in this century. Maybe the next?
This could be difficult to control when we have different culture and economy every country as the standard is not the same. Policies every country had different and this can bring chaos and misunderstanding in every people. Maybe this could be possible if we have only one leader to decide for the whole world.
That will be a different experience while using one digital currency all over the world. No need to take money in your pocket. Cashless society will give a different idea. Some people are in favor of gullible currency and some are against it. They say it is not good for some countries like USA, because their dollars will lose importance and value in the world currency market.