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 Replies: 14 / Views: 1,999 |
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New Member
United States
19 Posts |
I hope this is okay to put here.
I'm interested in currency that doesn't exist yet, but might one day. Some examples of what I'm talking about would include:
1. Russia is actively floating the idea of a single currency for the newly born Eurasian Economic Union.
2.The member states of the East African Community (Kenya, Uganda, Rwanda, Tanzania,Burundi) have discussed a common currency there.
3.In Australia and New Zealand there is sometimes talk of a ''Tasman Dollar.''
Does anyone know of other proposed currencies? I guess the question really is, what do you think the world's next currency is most likely to be?
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Moderator
 United States
23507 Posts |
Wikipedia list 15 different proposed currencies and there have also been quite a number of coins produced to be alternative to the current US currency.
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Moderator
United States
188213 Posts |
Let us talk about the Amero.  |
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Bedrock of the Community
United States
20753 Posts |
I still predict that in the near future there will be only one type of currency. It is called plastic Credit or Debit Cards.
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Bedrock of the Community
 United States
12819 Posts |
Credit/debit cards are not currency, they are vehicles for its use. There will always be the underlying monetary instruments.
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Pillar of the Community
United States
589 Posts |
Bitcoin. Or some type of government digital currency.
They want to eliminate cash and track all transactions. That seems like the only way they could it at this point in time.
Of course...one little power outage, or one little solar flare or atmospheric detonation of a small yield nuclear device, and we're then a true 100% cashless society instantly. This is the future.
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Pillar of the Community
Canada
1747 Posts |
The North American Dollar (Canada/USA/Mexico)
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Pillar of the Community
Sweden
1078 Posts |
Greek Drachma... after Grexit.
But seriously, I don't know about Zimbabwe and their plans. Some day?
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Moderator
United States
188213 Posts |
Quote:
Of course...one little power outage, or one little solar flare or atmospheric detonation of a small yield nuclear device, and we're then a true 100% cashless society instantly. This is the future. Just as likely is one lucky asteroid strike sending us the way of dinosaur. I think you underestimate the redundancy of electronic systems and overestimate what the typical power outage can accomplish. No system is perfect, but certainly the benefits of electronic money outweigh the shortcomings. |
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Moderator
Australia
16826 Posts |
There was talk a few years ago about the former British West Africa countries resurrecting their old currency union, with the addition of Guinea and Liberia; they use the working name "eco" for their planned currency. Wikipedia. 2015 was the original proposed introduction date but, as might be expected for the region, none of the countries are meeting the criteria they set for joining it. The Caribbean Guilder is probably going to be the "next new currency", to replace the old Netherlands Antilles guilder currently still used on the two newly autonomous islands of Curacao and Dutch Saint Martin. They were supposed to have introduced it by now, but the two islands are still arguing about exactly how the unified Central Bank will operate. The three other former members of the Netherlands Antilles have all adopted the US dollar. Russia seems to fail to realise that it needs more of a carrot rather than stick when it comes to creating new currency unions with its neighbours. Russia and Belarus were negotiating to form a Union currency for ten years, until the Belarusians finally got fed up with economic bullying by Russia and pegged their ruble to the US dollar instead in 2008. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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New Member
 United States
19 Posts |
We could get new currencies from the newest batch of countries coming up too. For example, when Bougainville becomes independent as seems somewhat certain.
edit: or perhaps New Caledonia.
Edited by rundontwalk
06/03/2015 8:49 pm
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Pillar of the Community
Canada
2805 Posts |
If NAFTA ever gets a common currency I'll throw in my vote to name it the "borealis". "Amero" is silly and, although you hear the word every day of your life, "dollar" is equally silly.
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Moderator
Australia
16826 Posts |
New Caledonia already has its own currency. They might change the name upon independence, but I suspect they would change nothing else.
Whether or not a new independent country issues its own currency depends on several factors. Kosovo, for example, has never issued its own currency - they simply use the euro, unilaterally. Nauru became independent in 1968 but has never issued its own currency - it's simply too small.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
7375 Posts |
I'm not sure what form it will be in, but they will be devil dollars, our last currency.
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Pillar of the Community
921 Posts |
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Replies: 14 / Views: 1,999 |
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Posted 06/03/2015 10:30 am
