TED Conversations

Edward Gonzalez

This conversation is closed.

Creating a global currency

Government currency as we know it today is a perceived value. We work and are paid based on the perceived value of our work. We pay for products on the perceived value of those products or services. When an economy or government experiences trouble the perceived value of their currency is impacted as well. This can be dissuaded by establishing a global currency. With the advent and growing use of Bitcoin, how long before currency comes in only one form. The Euro is a great example on how many countries can agree to work on one standardized form of currency. With the increase of trade among nations and the internet making it easier for consumers to buy products online developing a standard global currency makes sense.

Share:

Showing single comment thread. View the full conversation.

  • Aug 8 2013: The idea is good! But I think we have to think different. Not in one currency but to buy stuff more easier than now. At the moment if you will buy something in China you have to do a lot of things before you have it. Also to travel to a other country. I think we can make different countries and economics more closer to each other and in my opinion that is important but also very difficult.

Showing single comment thread. View the full conversation.