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

Nowadays, the usage of digital

currencies

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

Although

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

currencies

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

contributes to the foundation of

wide

Correct article usage

the wide

show examples

usage of

currencies

. Individuals can easily make

Add an article

the

show examples

scan

Change preposition

apply

show examples

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

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

currencies

, while paper

currencies

may be damaged by physical activities, online

currencies

will not be affected by these.

Although

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

from happening.

For example

, 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

Correct pronoun usage

apply

show examples

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

Besides

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

currencies

, 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

will play a more dominant role in the near future.

Submitted by walkonsu on Mon Dec 26 2022

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Fully explain your ideas

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

4 paragraphs

265 words

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

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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

large companies should provide sport and social facilities to community. To what extent do you argee or disagree?

In spite of many advance women have made in education and employement they will be disadvantage when it came to pay and promotion. What is the main causes and give a solution.

An increasing number of people choose to have cosmetic surgery in order to improve their appearance. Why do people want to change the way they look? Is it a positive or negative development?

Smoking not only harms the smoker, but also those who are nearby. Therefore, smoking should be bend in public place. Discuss both views and give your opinion.

Some people say that music is a good way of bringing people of different cultures and ages together. To what extent do you agree or disagree with this opinion?