Critique of Universal Currency

Well finding an article to critique took a bit longer than normal tonight. Not to many caught my eye with the exception of Unique's Blog about Universal Currency. I found this article very interesting and i definitely agree with Unique's stance on doing away with the idea of having a Universal Currency. Considering our current financial situation I feel that we would be at even more of a disadvantage in terms of trade if we used a single currency. Currently, companies can hedge and sometimes receive favorable returns due to currency risk. I think that by changing our current currency system we would put ourselves at a further disadvantage globally.