World Currency?

Hi Traders,

What do you thing about the rumor about implementing a world currency?
What are your views on the evolution of trading, I guess Forex exchange will dissapear?

Can't see that happening any time soon. Countries can't agree on the simplest of things so there's no chance they'll agree on a world currency!

Has anybody on the forum ever heard about the Davos World Economic Forum, The event 201, and the Great Reset?

well, if someone at the top of the food chain, as imagined, is making money FROM the forex trading availability

then it either won't happen, globally, or, Forex will be exempt in some form

Nice idea but it'll never ever happen! Who would control it, China, Russia, The US, The EU, The UK.... Controling currencies means power, and all the big boys want power. It's a bit like saying, World Peace or Stop Poverty. The rich always want power over the poor...................

Even if at some point it becomes a reality, I think that the market as such will not cease to exist, it will just take some new forms and we will all have to look for some new ways to study the market and work constantly. I think that in general, every year the market takes some new forms, and we adapt to it. I think that every trader, who has been working on the market at least for the last 3-4 years, moreover, the events of the last year have shown how sharply certain changes can happen in the market and what consequences it can lead to. But I don't see any problem in it, the trader's job is to constantly search, and if you cope with it - you will definitely be able to get stability and good profit.

It will not happen anytime soon, the big talk now is digital currency amongst the central banks. China is the first to launch

This is what crypto is for.

Exactly. No doubt cryptocurrency will be the solution in the long run.

Not really. Crypto is a decentralised asset, while the digital currency in China will be under control of China, thus, will be centralised and I'm not sure if this is going to be the "world currency" as you were talking above. But yeah, the overall idea is right and I agree that the future is behind digital currency, not today but someday at least...

well i think, Illuminati won't allow it to happen
they work so hard to unite all nations back then just to make sure their "Dollar" is the main currency

Yeah I 100% agree with you. No country will go for this, as it will not be profitable for it and it will lose control of the currency => of their citizens

I see no real chance for one currency even in the future.

It is just not our nature to share everything with everybody.

Some work harder/are smarter and make their own thing.

That’s not going to happen ever. It’s like the Mayan calendar theory. The world did not end, the currencies are going nowhere.