New forms of money are becoming extremely popular nowadays. Is this a positive development or adding risk to the system? Should new money technology face greater regulation and scrutiny? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

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Crypto

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money

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has been promoted and extremely popular for a few decades.

This

Linking Words

tendency would have the biggest impact on financial development as numerous

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gyber

Correct your spelling

cyber

frauds are present these days. I strongly believe that

this

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trend will affect society and the federal

government

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should play a role in regulating

Change preposition

apply

show examples

Crypto

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money

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This

Linking Words

essay will expound on my views and conclude the topic. To commence,

Crypto

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money

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, like Bitcoin, is a decentralised digital currency

money

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that operates without a financial system or

government

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authorities.

This

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new form of

money

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utilisers whose peer- to- peer transfers on a digital network that all records all cryptocurrency transactions.

For

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this

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reason, it is a fact that

this

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leads to numerous

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gyber

Correct your spelling

cyber

frauds that have been experienced nowadays.

In addition

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, many

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gyber

Correct your spelling

cyber

users

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have met these

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gyber

Correct your spelling

cyber

traps when they use Bitcoin for investments and transactions.

Consequently

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this

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has a negative issue on financial development.

However

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, the above issues, the federal

government

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should play the right role in addressing

them

Correct your spelling

the

show examples

First,

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the

government

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authorities would promote some online platforms for funders' running or

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gyber

Correct your spelling

cyber

users

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' checking the new forms of

money

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and current statutes on financial development.

Secondly

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, the new forms of

money

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can be checked by the authorities when the funders and

users

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apply online. By doing

this

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, we can mitigate many current cyber frauds in society. In conclusion, based on the statement above, I firmly believe that the new forms of

money

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are the highest risk and have to be monitored and managed by the internet

users

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who experience

this

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crypto

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money

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This

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would benefit human nature.

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coherence cohesion

Ensure that your essay has a clear introduction, body, and conclusion. The introduction should present the topic and your thesis statement, the body should contain distinct paragraphs each covering a single idea that supports your argument, and the conclusion should effectively summarise your points and restate your position.

coherence cohesion

Work on the logical flow of ideas. Try to make sure that each paragraph connects smoothly to the next with appropriate use of linking words and phrases. Additionally, ensure that sentences within paragraphs are also connected logically and clearly.

task achievement

Develop supporting points more fully. Each central idea should be fleshed out with adequate explanations, arguments, and specific examples. This will make your essay more convincing and your ideas more comprehensive.

task achievement

Avoid using the wrong term, such as 'gyber' instead of 'cyber'. Ensure that task response directly addresses the question, including both aspects of whether it is a positive development or adds risk and if greater regulation and scrutiny should be applied.

Support ideas with relevant, specific examples

Examples make your writing easier to understand by illustrating points more effectively.

Examples, if used properly, not only help you get higher marks for ‘Task Response’ but also for ‘Coherence’.

When giving examples it is best to put them after your main idea or topic sentence. They can be used in the middle of supporting sentences or they can be used to start a new sentence. There is no rule for where exactly to give examples in essays, logically they would come after your main idea/topic sentence or just after a supporting sentence.

Linking words for giving examples:

for example
for instance
to illustrate this
to give a clear example
such as
namely
to illustrate
take, for example

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7
Linking words
meeting the goal of 7 or more
5
Word repetition
meeting the goal of 3 or fewer
7
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: 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

265 words

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Topic Vocabulary:

Cryptocurrencies
Digital payment platforms
Blockchain
Transaction costs
Financial services
Volatility
Consumer protection
Fraud
Financial stability
Regulation
Scrutiny
Innovation
Decentralized finance (DeFi)
Economic landscape
Cybersecurity
Money laundering
Central bank digital currency (CBDC)

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New forms of money are becoming extremely popular nowadays. Is this a positive development or adding risk to the system? Should new money technology face greater regulation and scrutiny? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

Support ideas with relevant, specific examples

At the present time, the population of some countries includes a relatively large number of young adults, compared with the number of older people. Do the advantages of this situation outweigh the disadvantages?

The working week should be shorter and workers should have a longer weekends. Do you agree or disagree?

As countries develop, their populations tend to live individually or in small family units. What are the causes of this trend and what are the effects on society？

Private car ownership has been increasing over the past few decades. This has given ordinary people greater mobility, but has also led to concerns about traffic congestion and air pollution. Do the advantages of private car ownership outweigh the disadvantages?

Many people feel that most of the urgent problems can only be solved by international cooperation. To what extent do you agree or disagree?