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

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It is undoubtedly to say that society, throughout the latest years, has faced multiple innovations, one

such

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being digital currency.

This

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essay shall analyse some of the advantages of online money and what is the reason

Change preposition

for

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being used more frequently. On one hand, using online

currencies

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as a payment type is straightforward and worldwide accepted. Nowadays, most of the shopping platforms offer, as an incentive, discounts or in some cases, points that can be

further

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for other acquisitions on the website.

Although

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it may seem like a difficult process for seniors, most of the shopping platforms are user-friendly and very intuitive. People can pay from the comfort of their house in any country.

Nevertheless

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, in Romania

for example

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, even the local authorities have been implementing digital payments and it seems to be a favourable outcome.

On the other hand

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, using online currency allows people not to worry about being robbed or worrying about a counterfeit bill.

Furthermore

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, physical cash is subject to various white-collar crimes, including money laundering, fraud, and bribery because it is difficult for prosecutors to charge felons.

In addition

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, digital payment has not

subject

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been subject

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to counterfeit bills in the past few years, the United States, recorded several cases compared to countries where online

currencies

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are implemented. As well, tourists have encountered numerous incidents when they were deprived and scammed by foreign exchange offices.

To sum up

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, online

currencies

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are used more and more because they are effortless and secure. There have been registered some downsides,

however

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, in my

opinion

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opinion,

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the positive developments outweigh the negative ones as

the

Correct article usage

apply

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online

currencies

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are a safer,

efortless

Correct your spelling

effortless

and secure option for any of the moments of life.

iuliabubulica23Sat Oct 21 2023

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coherence cohesion

The introduction lacks clarity and conciseness. The conclusion also needs to be more impactful and summarize the main points effectively.

task achievement

The essay responds adequately to the task, but some points could be further developed and supported with more specific examples.

lexical resource

The essay demonstrates a good range of vocabulary but some terms are used imprecisely or inappropriately. Try to use academic vocabulary and avoid informal phrases.

grammatical range

The essay displays a mixture of simple and complex sentence structures. To improve, work on the accurate use of complex structures and pay attention to subject-verb agreement and article usage.

11
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meeting the goal of 7 or more
1
Word repetition
meeting the goal of 3 or fewer
5
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 5.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 5.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 5.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

278 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?

In many countries, the number of animals and plants is declining. Why do you think this is happening? How can this issue be solved?

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?

Some employers are giving more value on hiring people with good social skills apart from good qualifications. Do yiu agree or disagree that social skills are just as crucial as good qulification for success work?

Technology has made our lives easier, especially for education. What is your opinion?Give your views with proper explaination.