🔥 Today Only: Save 30% on Premium — Offer Ends Soon! - Upgrade Now!
Positive And Negative

Band 4+: Online currencies have become common in recent years . Why is this? Is this positive or negative development?

Note: Both the topic and the essay were created by one of our users.

It is true that electronic currencies have become more ordinary in existing years. While there are a variety of factors responsible for it , I believe it is a positive development.

To begin with, there are a number of reasons to why digital currencies are more easier. One possible reason is that general transactions are faced people it has numerous problematic situations like go to bank, cheque must be written, have to stand in line and so on, which is time-consuming. Moreover, if utilizing digital transactions by mobile banking it is considerably convenient for consumers, they are independently transactions money anywhere in the world. By using electronic translations, people can check their bank account and instant mobile SMS from banks. Another reason is that consumer distrust of all traditional banks because sometimes has to fall into the fraud circle. For example, when people huge amount carry with go outside, they can be a victim of robbery and hijacking.

Online transactions is a positive change for several reasons. Firstly, if anything purchase from shop, they can faster payment by digital card or mobile banking. Without electronic transactions, it would be impossible to connect with e-commerce site. Besides, if people migrate to the abroad, they can utilize online currencies for shopping, traveling and in other works. Further, parents can send tuition fees for their kids rapidly from anywhere. For instance, consumer can transactions in online banking without any extra bank fee.

In conclusion, Although people using online transactions for various purposes, In my opinion, this tendency will effective and completely de-stress individuals and time-efficient.

Word Count: 262

Essays On The Same Topic:

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

Recently, online currencies have gained huge popularity on the grounds of convenience and transparency. Although online currencies have made the people’s lives easier, I strongly believe that it is a negative development as it may lead to financial fraud and risk of cybercrime. One primary reason why online payments have become common is the convenience […]

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

Over the last couple of years online currencies have become more popular. Perhaps this is because it is more comfortable for people to pay something with mobile phone. On my opinion it has a positive development. I think that online currencies have become more popular because this is more conveniently to pay for anything from […]

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

It is true that electronic currencies have become more ordinary in existing years. While there are a variety of factors responsible for it , I believe it is a positive development. To begin with, there are a number of reasons to why digital currencies are more easier. Firstly, digital currencies make financial transactions faster and […]

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

Due to the advancement of technology, using online platforms or credit card in order to pay bills have become popular. They are easy to use and also more reliable than physical money. I hold the view that this has brought about significant benefits. Reasons for its popularity and my point of view will be illustrated […]

See All

Other Topics:

What are the advantages and disadvantages of working from home, and how can it affect employees' productivity and well-being?

Nowadays, It is contentious issue whether working remotely is advantageous for staff members or it causes more problems. While Some individuals strongly support that working from home is better option, others believe it may ascribes this matter to serious concern In this essay, I will examine both views ,and explain why I feel that off-site […]

Some people think that spending a lot of money on wedding parties and other celebrations is just a waste. Others, however, think that such events are necessary, so spending money on them is acceptable. Discuss both the views and give your opinion.

Nowadays, many people spend a large amount of money on weddings and other celebrations. Some people believe that this is a waste of money, while others think that these events are important and spending money on them is acceptable. This essay will discuss both views and explain why I believe that people should celebrate, but […]

Some people say social media makes us more connected, others argue it makes us more isolated.

The role of social media in our daily lives has long been a subject of debate among people. While some argue that it enhances connection between users, others contend that it causes isolation. In my opinion, social media has a crucial role in improving human relations, altough excessive usage might lead to some problems it […]

Modern children are suffering from the diseases that were once considere to be meant for adults only. Obesity is a major disease prevalent among children .What are its causes and what solutions can be offered

Nowadays, childhood obesity has become a serious problem in many countries such as, in Europe and America. There are several factors which cause children to become overweight, including unhealthy diets, busy lifestyle, and lack of exercise. In modern times, teenagers consume too much fast food, sugary drinks, and desserts. These products contain high amounts of […]

More people get news online than via TV or newspapers. Is this positive or negative development?

In today’s globalised world, where technology is well developed, people prioritise watching news from the internet over newspapers. This development effects in positive ways as several factors. One of the main reason is that getting news by using internet saves time. This is because, it is a quicker way to get the information rather than […]

Today, more and more people prefer travelling to untouched and unexplored natural areas. What are the advantages and disadvantages for individuals and the country?

Many tourists are visiting remote natural areas such as mountains and rainforest. This gives an invitation to tourists to invest and develop the place and provides an additional revenue to the government authorities. On the other hand, developing the area results in cutting of trees and it requires management of people’s waste. Tourists who visit […]

See All
We have detected unusual activity on your device.
Please verify your identity to continue.
Note: This verification step won't sign you in. If you have a premium account, please log in to access the service as usual.
Google/Gmail Verification
Or verify using Email/Code
We've sent a verification code to:
youremail@gmail.com (Not your email?)
Enter it below to complete the verification process.
Ensure your email address is correct, your inbox is not full, and you check your spam folder. If no email arrives, consider using an alternative email.
You will need a Premium plan to perform your action!
Note: If you already have a premium account, please log in to access our services as usual.

Plans & Pricing

Our mission is to make quality education accessible for everyone.
However, to keep our hardworking team running and this service alive, we genuinely need your support!
By opting for a premium plan, not only do you sustain us in achieving the mission, but you also unlock advanced features to enrich your learning experience.

Free

For learners who aren't pressed for time

What's included on Free
100+ Cambridge IELTS Tests
Instant IELTS Writing Task 1 & 2 Evaluation (2 times/month)
Instant IELTS Speaking Part 1, 2, & 3 Evaluation (2 times/month)
Instant IELTS Writing Task 1 & 2 Essay Generator (2 times/month)
500+ Dictation & Shadowing Exercises
100+ Pronunciation Exercises
Flashcards
Other Advanced Tools

Premium

For those serious about advancing their English proficiency, and for IELTS candidates aspiring to boost their band score by 1-2 points (especially in writing & speaking) in just 30 days or less

What's included on Premium
Save Your IELTS Test Progress & Analyze Mistakes By Question Type
Save Your Own Flashcard Sets & Use Them On Any Device
Unlock All Courses, IELTS Tests, Section & Part Practice
Unlimited AI Conversations
Unlimited AI Writing Enhancement Exercises
Unlimited IELTS Writing Task 1 & 2 Evaluation
Unlimited IELTS Speaking Part 1, 2, & 3 Evaluation
Checked Answers Will Not Be Published
Unlimited IELTS Writing Task 1 & 2 Essay Generator
Unlimited IELTS Speaking Part 1, 2, & 3 Sample Generator
Unlimited Usage Of Advanced Tools & AI Features
Priority Support within 24h (12-month plan only)

Due to the nature of our service and the provided free trials, payments are non-refundable.