B2 – Upper Intermediate
Cryptocurrencies such as Bitcoin provide people around the world new and innovative ways of engaging in legitimate commerce.The price of Bitcoin just passed $8,000 for the first time.
Click on the link to read the article and be ready to answer the questions that follow:
https://techcrunch.com/2017/11/20/bitcoin-just-passed-8000/
Discussion Questions:
- What is Bitcoin? What do you know about it?
2. Have you invested in Bitcoin? What are the advantages and disadvantages of Bitcoin currency?
3. Is Bitcoin the future or is just a gamble?
2 replies on “Bitcoin just passed $8,000”
1. What is Bitcoin? What do you know about it?
Bitcoin is a cruptocurrency. I´d say the most popular one and maybe, the first one launched to the market some years ago.
2. Have you invested in Bitcoin? What are the advantages and disadvantages of Bitcoin currency?
No, I´ve never invested in Bitcoins.
The main advantages are:
Benefit, there are araising their value since they were launched,
Safety, even if the crypto market seems unsecure, the way cryptos are defined is really safe.
A disadvantage for me is that you can´t use it in a regular, common way. There are still few shops where you can use them to pay for your grocery or daily staff.
3. Is Bitcoin the future or is just a gamble?
I don´t know if Bitcoin is the future, but, after some years after their birth, I´d say they are not the present of currency market yet.
You put a lot of efforts in practicing. Job well done so far!
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