RE: Single global currency? Is it possible?
Nice articles, but in my opinions i can hardly think so, just like you mentioned it will be difficult as the existing worlds had a lot of means to manipulate foreign exchange as a form of political power control between nations. Those political issue will not likely resolve unless there is a greater common goods. Yet the use of single currency world wide likely only benefits individuals like us in a much microscopic view compare to national wide decisions. Lastly, different development state of different countries and different living standards will lead to different value of the currency in different part of the world and this would likely create arbitrary value of the currency! But of course as a microscopic individual i would like to see single currency being use world wide!!
yeah i recogize it is very hard to have a single global currency in this stage. the political power will undoubtedly take action if they found there are something threatening their benefit. but in the long run, i think it would be no one can stop the cyptocurrencies. meanwhile, people will find it to be a solution of global trading. Governments need to recognise the future is yet to change.
I like the idea of every person having their own crypto currency. That way you can value it based on whatever the hell you want. Pump and dump it if you want on the open exchange, sell yourself out for anything you want! Ill sell you 1 sunshinecryptocoin, the possibilities are endless...