It mostly comes down to aggressive tribalism and disputes over national superiority. The fact that much of Europe was able to agree on a communal currency is fucking miraculous.
We do, it is energy.
The more you create yourself the better.
When you cant and have to buy it from other countries your currency falls. Look at euro and pound right now.
I think it's not only doable it would allow us to really straighten out who owes who what and hold the appropriate humans accountable for their own productivity that we find necessary to hold accountable AND it could be done by a group consisting of the entire World's Chosen Representatives for those particular announcements. We'd also finally have a good reason to announce flawless translation technology
Individual countries would have to give up their own ability to manage their currency. It also means you would have one interest rate. That’s a problem when different countries have different levels of creditworthiness.
That’s already a problem in the EU. Countries like Greece have the same interest rate as for Germany.
Imagine banks would have to give the same interest rate to all their customers… wouldn’t go well.
Countries with an incredibly low GDP would drag the average value of the currency down.
Cause 1 us dollar is 20 pesos.
Why don’t we just use apples as a form of currency
Because they decay over time and you dont want your money to just become dirt over time.
Just like real currency?
Well they do too,but not as fast.
Because it would lead to an economic crisis
Like the Euro?
maybe, or USD.
Or Euro, maybe.
Or perhaps, the usd
the Euro is an international currency, most of the EU uses it, around 20 countries.
It mostly comes down to aggressive tribalism and disputes over national superiority. The fact that much of Europe was able to agree on a communal currency is fucking miraculous.
We do, it is energy. The more you create yourself the better. When you cant and have to buy it from other countries your currency falls. Look at euro and pound right now.
Because not all counties want to give up their own monetary management ability
Would fight over what currency and the more involved the harder it is to organize.
People who are in charge of banking who live in a country where they'd have to have a new currency really don't want to give up their power
Its gold
Bitcoin could be it. It needs to be decentralized…
Wouldn't work unless every country was equally rich or poor
I think it's not only doable it would allow us to really straighten out who owes who what and hold the appropriate humans accountable for their own productivity that we find necessary to hold accountable AND it could be done by a group consisting of the entire World's Chosen Representatives for those particular announcements. We'd also finally have a good reason to announce flawless translation technology
Individual countries would have to give up their own ability to manage their currency. It also means you would have one interest rate. That’s a problem when different countries have different levels of creditworthiness. That’s already a problem in the EU. Countries like Greece have the same interest rate as for Germany. Imagine banks would have to give the same interest rate to all their customers… wouldn’t go well.