https://www.wikifx.com/en/newsdetail/202209278494276679.html

Abstract：What would happen if the world imposed a single currency for all financial transactions? With the removal of MT4 and MT5 off Apple’s App Store, many are starting to wonder if this is the sign of a one-currency coming soon. Nevertheless, what is a one-currency world?



　　Before this, there was a widespread belief that cryptocurrency would replace the worlds foreign currency. This means that Japan will no longer use the Japanese Yen, and the United Kingdom will no longer use the Great Britain Pound (GBP). Instead, everyone in the world will be using cryptocurrency. That signals the end of the forex market as foreign currencies will no longer be needed in the world.

　　However, the massive decline in the cryptocurrency markets recently made the public realise that cryptocurrency has not reached a mature stage to act as a total replacement. Many also start to doubt if cryptos previous momentum was based on false promises. Simultaneously, precious metals such as gold also displayed weakness during a weak bear market, suggesting that it is no longer a commodity that could be trusted to fight inflation.



　　So, why not take a second and start considering the pros and cons of a one-currency world？ Like everything else, there are always two sides to a coin.

　　In terms of benefits, operating with a single universal currency could allow both parties to save on transaction and conversion fees, trade improvements as a currency could flow without many hurdles, and stable money that could prevent the occurrence of hyperinflation.

　　On the flip side, its implementation might not be suitable for every country because each country‘s economic condition is different. Consequently, this could also negatively impact a country’s monetary policy as it is difficult to benefit all countries equally.

　　In summary, despite many would fear the removal of MT4 and MT5 could imply the start of a worldwide currency revelation, the world might not be ready for such a radical change. It could come sometime in the future, but not instantaneously.

What's the relationship between removal of ordinary metaquotes app from apple store with global finance?

A one world currency is absolutely not feasible.

Currency or some form of exchange is as old as mankind with different ancient nations having different means...Even when they used gold as a means of exchange. Egyptian gold wss different from persian gold in terms of value, purchasing power e.t.c

Aside different economic & fiscal factors, Human greed, Quest for world domination, superiority will pose a big challenge.

that's one thing in the prophecy that's never happening