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Keep Learning/English

2021 English Debate Club - 20

by Melissa Levasseur 2021. 10. 6.

1. El Salvador buys bitcoin as the digital currency becomes legal tender

https://edition.cnn.com/2021/09/06/business/bitcoin-price-el-salvador-intl-hnk/index.html

 

El Salvador buys bitcoin as the digital currency becomes legal tender

El Salvador became the first country to adopt bitcoin as a national currency on Tuesday, kicking off a radical monetary experiment that could pose risks to the fragile economy.

www.cnn.com

 

1. Have you heard about cryptocurrency such as bitcoin?  Have you experienced to invest in cryptocurrency? 
Please share your knowledge or experience on it. 

 digging money by solving programming question. / the purpose was decentralization financial system / each coin has special character like he

2. How do you think about crypto currency's safety? Is it safe enough to be selected as a national currency like the case of El Salvador? 

value of currency should be stable. how they handle it. We invented the money for having stable currency at the first time. We don't have to exchange money if the bitcoin used in the worldwide. Traditional money are issued by each government but bitcoin could be issued by personally and value are very fluctuated. The bank could control the amount of money. The money supposed to exchange the 

3. What could be the pros and cons?
And do we need a government's regulation for this cryptocurrency?

Isn't it make the people could be confused?

When we invest the Stock, we are cheering for the company whick are willing to earn the money. but bitcoin isn't.

how it works to the people who cannot be reached by IT infra.

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