What if the world used one currency? | Kavita Gupta | TED Institute

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  • เผยแพร่เมื่อ 17 พ.ย. 2019
  • Could cryptocurrencies and blockchain make the world more stable? Currency globalist Kavita Gupta shares how a decentralized global currency could lead to true economic inclusivity, where everyone has the same financial choice, dignity and opportunity.
    About the TED Institute: We know that innovative ideas and fresh approaches to challenging problems can be discovered inside visionary companies around the world. The TED Institute helps surface and share these insights. Every year, TED works with a group of select companies and foundations to identify internal ideators, inventors, connectors, and creators. Drawing on the same rigorous regimen that has prepared speakers for the TED main stage, TED Institute works closely with each partner, overseeing curation and providing intensive one-on-one talk development to sharpen and fine tune ideas.
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ความคิดเห็น • 59

  • @robhingston
    @robhingston 4 ปีที่แล้ว +18

    To have a single decentralised currency you would have to get rid of banks and governments to be truly decentralised

  • @zeph6439
    @zeph6439 2 ปีที่แล้ว +7

    If you take away the negative hype surrounding the idea, it makes perfect sense.

    • @calvinospina7307
      @calvinospina7307 ปีที่แล้ว +1

      You cannot make darkness appear good, then you will be part of the problem.

    • @calvinospina7307
      @calvinospina7307 ปีที่แล้ว

      Revelation 13:16‭-‬18
      He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name. Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666.
      Repent and believe the Gospels, believe FROM YOUR HEART that Jesus took the punishment of your sins and resurrected on the third day and you will have eternal life and will not perish into the lake of fire. We are in the last days.

    • @zeph6439
      @zeph6439 ปีที่แล้ว

      @@calvinospina7307 But it's OK to love everyone and treat everyone in the world as yourself, right?

    • @zeph6439
      @zeph6439 ปีที่แล้ว

      @@calvinospina7307 At night we usually switch the lights on, then one can see easily without any problems :)

    • @sgtigerj
      @sgtigerj ปีที่แล้ว

      @@calvinospina7307 victim of cloud ten pictures I see

  • @mysteriouschiu5484
    @mysteriouschiu5484 ปีที่แล้ว +1

    Sorry how do you control the boom busy cycle of economy if money supply is fixed?

  • @goonie79
    @goonie79 4 ปีที่แล้ว +3

    The only way I would trust a global currency if it's backed by a bill of rights that's similar to positive rights in Norway, but in the US or Canada.

  • @afsalmoosa7881
    @afsalmoosa7881 4 ปีที่แล้ว +28

    There is no way that I'm going to use a payment system owned by Facebook.

  • @bdwwe2462
    @bdwwe2462 2 ปีที่แล้ว +3

    Superb video..keep it up❤️🥀

  • @jish55
    @jish55 10 หลายเดือนก่อน

    Honestly, this could lead to a very simple solution to such a major problem around the world, fixing poverty. Right now, because of how the world economy works with so many different currencies, it causes major issues as each country controls their own currency and in turn can change prices for other countries. Have everything under a unified currency, that means that now, all countries have a say in prices and could put everything onto a fixed rate. Now, this isn't as much of a problem as people will think as the fixed rate will be low enough to be affordable, but not so low that people can just buy it all up with ease. This then leads to the other caveat, a UBI, where we're all provided a certain amount each month which would be enough to live comfortably on, but not so much that you can buy out a store. As long as we can figure out that balance, where people can have a roof over their head, enough food to never go hungry, and a little extra on the side to pay bills and enjoy life, it would allow for us to fix the biggest problems the world over and finally end things like poverty and homelessness.

  • @boneman538
    @boneman538 4 ปีที่แล้ว +1

    1 to 2k+ bolivars / coffee from 2018-2019
    Lol. Fiat is gonna get vayyy verse
    1:03
    ^Wanna know Vhy?

  • @AndreiSimon91
    @AndreiSimon91 4 ปีที่แล้ว +12

    Talks about decentralised currency and then shills centralised coins such as libra and jp morgan coin.

  • @mitrwebb
    @mitrwebb 4 ปีที่แล้ว +8

    Her mistake was starting the talk with "A single world currency" - then into mentioning cryptos and that there are over 16,000 of them however it is a step towards one currency. It's actually a step backwards in the way she describes it.

    • @anthonygruver3932
      @anthonygruver3932 3 ปีที่แล้ว

      1600

    • @mitrwebb
      @mitrwebb 3 ปีที่แล้ว +1

      @@anthonygruver3932 thanks, doesn't change anything though 😂

    • @mikeymike621
      @mikeymike621 2 ปีที่แล้ว

      Yeh they would have to create a completely new one and convert every countries currency into the new one based on a global average i.e. pesos to dollar to gbp average

  • @karuri6267
    @karuri6267 4 ปีที่แล้ว +1

    Stellar Lumens...not Libra. Ash to ash, Dust to Dust...it will rise as it is the only cryptocurrency which is Shiara certified. Libra works on Stellar network.

  • @ericphantri96734
    @ericphantri96734 ปีที่แล้ว

    ID and GDP could be replacing money ?

  • @ericphantri96734
    @ericphantri96734 ปีที่แล้ว +1

    It is not about wealth but about mercy and compassion to less advantage people whose life is depending on survival salary with dignity

  • @ericphantri96734
    @ericphantri96734 ปีที่แล้ว

    Another important factor in business is international time of synchrony single time and forced time stamp so no extra interest earn by delay time posting of payment benefit third party hugely because money growth is in second not day or year

  • @testingk410
    @testingk410 ปีที่แล้ว +3

    All countries should have same currency and printing rights with global monitoring.

  • @trungkpa8152
    @trungkpa8152 4 ปีที่แล้ว +1

    Hay quá🔔🔔👈👌👏👍👈👌💓🌷🌷🎤😁💚💚

  • @Hybzy
    @Hybzy 3 ปีที่แล้ว +5

    Let's have a globalised currency so that nations lose their economic sovereignty and no longer have control over interest rates, exchange rates, inflation and other financial mechanisms they can use to control their economy. The Euro worked out really well for Greece, Portugal, Italy, Spain, etc.

    • @prakharshukla7710
      @prakharshukla7710 2 ปีที่แล้ว

      Aa if right now people have any sovereignty over economy On a global level. USA plays with rest of the world..they keep on consuming and consuming and printing more money , keep borrowing no check what so ever. Why ? Because big 4 wants dollar to remain the global currency. USA's hegemony must end.

  • @globalview6969
    @globalview6969 3 ปีที่แล้ว +2

    crypto are black market goods inflation-gamble and some money people going to pubs enjoy model-as it looks-CURRENCY IS BACKED BY GOVT LEGAL PRINTED ACCORDING TO NEED /GROWTH OF ECONOMY OF A NATION/DOMESTIC,CENTRALIZED -CRYPTO IS LIKE TOKENS USED IN CASINOS

  • @xelahooper2176
    @xelahooper2176 4 ปีที่แล้ว +2

    #BuyBitcoin

  • @misterrighteous1896
    @misterrighteous1896 ปีที่แล้ว

    I agree with her.

  • @parler8698
    @parler8698 2 ปีที่แล้ว +1

    Gold

  • @roberttimmothy
    @roberttimmothy 3 ปีที่แล้ว +2

    Buy xrp

  • @nofightIQ1
    @nofightIQ1 4 หลายเดือนก่อน

    XRP?

  • @calvinospina7307
    @calvinospina7307 ปีที่แล้ว +3

    ⚠️WARNING⚠️
    Revelation 13:16‭-‬18
    He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name. Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666.
    Repent and believe the Gospels, believe FROM YOUR HEART that Jesus took the punishment of your sins and resurrected on the third day and you will have eternal life and will not perish into the lake of fire. We are in the last days.

    • @lowinahlouw9996
      @lowinahlouw9996 4 หลายเดือนก่อน

      True they are hiding the real reason behind all this.one currency one chip (the mark of the beast).no one will be able to buy or sell without the chip.Read your by Byble please people book of revelation

  • @mikerobles2946
    @mikerobles2946 2 ปีที่แล้ว

    😂

  • @ericphantri96734
    @ericphantri96734 ปีที่แล้ว

    Strong money would suck all technical and girls to slaves to powerful country or weak dollars is reverse

  • @jankibisht2906
    @jankibisht2906 3 ปีที่แล้ว

    Le john meynard Keynes
    Ha ha ha kids

  • @andrewmcandrew7642
    @andrewmcandrew7642 ปีที่แล้ว

    Rapture soundtrack intensifies

  • @magacop5180
    @magacop5180 2 ปีที่แล้ว +1

    Bitcoin.

    • @bigbooger938
      @bigbooger938 2 ปีที่แล้ว

      Wrong lol it’s XRP

  • @kasimirb5155
    @kasimirb5155 2 ปีที่แล้ว

    Libra is dead. So is the idea of a world currency. I am all for it, but it won't happen. Especially the powerful countries like USA, China or the EU won't give up their currencies. In China trading krypto currency is forbidden. Besides it's all too volatile. Where is the improvement to the actual situation? Who decides about the worth of the digital currency? About the amount? All depends on the willingness of 200 countries to work together and give up privileges. You see the flaw?

  • @antiwar8859
    @antiwar8859 4 ปีที่แล้ว +3

    One world currency 100% a fair way to go.

    • @x50nathan
      @x50nathan 4 ปีที่แล้ว +3

      You'd like all of your purchases to be tracked?

  • @randomVlog555
    @randomVlog555 4 ปีที่แล้ว

    It's coming soon "Libra".

  • @mandystop1077
    @mandystop1077 4 ปีที่แล้ว

    Bitcoin
    Bitcoin
    Bitcoin