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.
The form of
money
has always been changing since humans started to buy and sell their necessities. Even in Use synonyms
this
modernized world, these new styles are becoming prevalent among people. Undoubtedly, they add various positive values to the Linking Words
economy
, Use synonyms
however
, they would bring detrimental Linking Words
risks
to the monetary system if strict Use synonyms
regulations
are not imposed about Use synonyms
this
issue. In the subsequent paragraphs, I will discuss the importance Linking Words
along with
the Linking Words
risks
these new features might bring.
Use synonyms
To begin
with, new forms of cash can provide the Linking Words
economy
with a dynamic system. Use synonyms
Firstly
, they enable businesses to have more flexibility in terms of payment options and be more profitable. Linking Words
Also
, they create more freedom in society as people can decide which way to pay . Linking Words
For instance
, Amazon's sales have increased since its website began accepting various cryptocurrencies as a way of payment. Linking Words
Thus
, with these Linking Words
money
forms emerging, both the public and the Use synonyms
economy
would benefit as they drive to a more efficient and productive monetary system.
Use synonyms
Nonetheless
, Linking Words
regulations
are inseparable parts of a healthy Use synonyms
economy
. Imposing strict monetary policies is indispensable as they mitigate various security Use synonyms
risks
. To illustrate, cryptocurrency transactions might not have been Use synonyms
such
a treasure trove for hackers if it was under controlled by restrictive legislation. By and large, these evolving forms of Linking Words
money
can be dangerous if their Use synonyms
regulations
are not well-managed.
In conclusion, Use synonyms
although
there are dangerous Linking Words
risks
regarding new Use synonyms
money
, their significant impacts on society's satisfaction Use synonyms
along with
positive advantages outweigh the drawbacks. It is worth mentioning that imposing restrictive laws and Linking Words
regulations
on these new financial features are the factors that must not be forgotten.Use synonyms
Submitted by Reza Moravej
on
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task achievement
You should aim to fully address all parts of the task prompt, offering a balanced view on the topic at hand. Your essay tends to present an opinion without fully exploring opposing viewpoints or providing a more nuanced discussion. Expand on both the positive and negative implications of new money technologies to improve task achievement.
coherence cohesion
Your essay would benefit from more effective paragraphing, cohesive devices, and variety in sentence structures. Ensure each paragraph has a clear main idea and that your arguments follow logically from one to the next. The usage of cohesive devices should help establish these connections without being redundant.