Is Global Currency a Reality?

India
November 8, 2015 7:24am CST
It could be a childish thought. But what is wrong to munch and debate whether "Global Currency" could become a reality. While (some of the) European countries could successfully achieve and sustain a single currency, I am dreaming what if just these 7 continents sit together and invent a single world currency called, say "Globar" or something mutually agreed to between them. Economists might bounce back and argue with hundreds of 'if's and 'but's. However, if some practical socio-economico-political leader will be born with such a thought in the near future, a global currency might perhaps be a reality soon.
1 person likes this
4 responses
@Bluedoll (17069)
• Canada
8 Nov 15
Someone thought bitcoin would be but I don't know. Perhaps coin and paper are becoming less popular?
1 person likes this
• India
8 Nov 15
Or, are we perhaps going back to the "Barter" era?
@Bluedoll (17069)
• Canada
8 Nov 15
@seenu97dxb was there ever a "barter" era? Coins have been around for a long time. Computers have and will change things. Must tell you I like your head.
1 person likes this
• India
8 Nov 15
@Bluedoll yes there was a 'barter' era in ancient India. I have heard my grandfather talking about it where currency (or coins for that matter) was nullified and people used to 'swap goods' to get something else. I guess Mesopotamia tribes practiced barter as early as 6000 BC.
@boiboing (12580)
• Northampton, England
8 Nov 15
I think the Euro proves that this would never work.
@owstalaga (4553)
• Philippines
8 Nov 15
Well I think that would be possible maybe in 50 years? Who knows?
@MALUSE (40229)
• Germany
8 Nov 15
A reality 'soon'? You ARE an optimist. I think NEVER is more likely.