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I don't get the point of a one-world currency. What benefit would it provide other than greater efficiency? Why do the people who say it's a sign of The End Times™ say the bad guys would even want that?
I don't get the point of a one-world currency. What benefit would it provide other than greater efficiency? Why do the people who say it's a sign of The End Times™ say the bad guys would even want that?
@levisan mostly because it would be under a single point of control. Modern digital currencies are not simply mediums of exchange, but also, regulation. Eg, you can only spend it on category X, but not category Y and Z. If you don't spend it by date, it evaporates. And of course, every transaction, globally, could be centrally monitored.
Those are important ingredients for hypothetical global totalitarianism.