Online currencies have become more common in recent years. Why is this? Is this a positive or negative development?

#currencies #years #development

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Nowadays, the usage of digital

currencies

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is growing because they are easy to use and more reliable than physical money.

Although

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they have a few disadvantages, I think the benefits outweigh the drawbacks. One of the main reasons online

currencies

Use synonyms

become more popular is that they are more user-friendly to individuals. With the development of technology, smartphones are becoming more accessible in people’s daily lives,

this

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contributes to the foundation of

wide

Correct article usage

the wide

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usage of

currencies

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. Individuals can easily make

Add an article

the

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scan

Change preposition

apply

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the payment QR code and pay the bill with just a few clicks. Not to mention the inconvenience of counting coins and paper money, digital

currencies

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never have a problem with that. Another important reason is the reliability of online

currencies

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, while paper

currencies

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may be damaged by physical activities, online

currencies

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will not be affected by these.

Although

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some individuals worry about their online accounts may not be safe because they will probably be hacked by some criminals, I believe measures would be taken to prevent

this

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from happening.

For example

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, large companies like Tencent and Alipay in China, have put huge resources into protecting the security of network banks, and thousands of computer elites

who

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apply

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are hired with very high salaries to deal with the potential damages from outside criminals.

Besides

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, the government forces the companies to put compulsory insurance on online

currencies

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, so even if the individuals’ money were stolen online, they will be paid back without any loss. In conclusion, with the development of rules and security systems, online

currencies

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will play a more dominant role in the near future.

Submitted by walkonsu on Mon Dec 26 2022

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For we to consider an essay structure a great one, it should be looking like this:

Paragraph 1 - Introduction

Sentence 1 - Background statement
Sentence 2 - Detailed background statement
Sentence 3 - Thesis
Sentence 4 - Outline sentence

Paragraph 2 - First supporting paragraph

Sentence 1 - Topic sentence
Sentence 2 - Example
Sentence 3 - Discussion
Sentence 4 - Conclusion

Paragraph 3 - Second supporting paragraph

Sentence 1 - Topic sentence
Sentence 2 - Example
Sentence 3 - Discussion
Sentence 4 - Conclusion

Paragraph 4 - Conclusion

Sentence 1 - Summary
Sentence 2 - Restatement of thesis
Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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4
Linking words
meeting the goal of 7 or more
1
Word repetition
meeting the goal of 3 or fewer
4
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 6.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 6.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.5

Complete response

5.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

265 words

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Topic Vocabulary:

Digital wallet
Decentralization
Cryptocurrency
Blockchain
E-commerce
Fiat currency
Financial inclusion
Cross-border transactions
Volatility
Smart contracts
Decentralized Finance (DeFi)
Mining
Energy consumption
Pseudo-anonymous
Regulatory challenges
Financial privacy

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Online currencies have become more common in recent years. Why is this? Is this a positive or negative development?

Fully explain your ideas

Government investment in the arts, such as music and theatre, is a waste of money. Governments must invest this money in public services instead. To what extent do you agree or disagree with this statement?

Sending people to prison is not effective, and other methods, such as community work, should be supported instead. To what extent do you agree or disagree with this view?

Some people think that employers should not be concerned about how employees dress at work, but the quality of work only. To what extent do you agree or disagree?

Some people think that hard working and determination are the key factors for being successful in the life, other people feel that other factors are important. Discuss both sides, what is your opinion?

Nowadays, a growing number of people with health problems are trying alternative medicines and treatments instead of visiting their usual doctor. Do you think this is a positive or a negative development?