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Cryptocurrencies have steadily increased in value and become more widely used since their creation. In particular Bitcoin price has more than doubled in 2020 and has received the endorsement of many important companies, like Elon Musk’s Tesla recent purchase of 1.5billion USD in bitcoin and MasterCard’s announcement that it will enable the use of cryptocurrencies in its network. For details see 1).

Governments have been a lot less enthusiastic about the adoption of Bitcoin and central banks have begun efforts to develop Central Bank-run cryptocurrencies to replace Bitcoin. Bitcoin’s supply is completely outside of government control at the moment, and hence central banks aren’t capable to use monetary policy through Bitcoin. If Bitcoin were to be widely adopted as a currency, this could greatly reduce the central bank’s capacity to influence economic activity. For details see 2),3) and 4).

Write an Op-Ed where you discuss the future of Bitcoin. Do you think Bitcoin is likely to become a widely used currency in economic transactions? Are you in favor or against this? Why? What should be the role of the government? Please, justify your reasoning with economic arguments.

References

1. https://www.forbes.com/sites/enriquedans/2021/02/13/bitcoin-its-not-if-its-now-just-a-matter-of-when/ (Links to an external site.)
2. https://www.investopedia.com/articles/forex/042015/why-governments-are-afraid-bitcoin.asp (Links to an external site.)
3. https://www.moneycrashers.com/bitcoin-history-how-it-works-pros-cons/ (Links to an external site.)
4. https://www.cnbc.com/2021/01/21/op-ed-a-new-global-arms-race-in-digital-finance-is-heating-up.html (Links to an external site.)

 

Sample Solution

Generally, op-eds are supposed to reflect an author’s opinions or group. They are usually longer than a regular letter to the editor, often being written by a subject matter expert or otherwise notable person with the qualifications to have an opinion (or written by someone else for them).A freelancer will sometimes be used as a ghostwriter—writing using someone else’s byline. Additionally, public relations firms often write these articles, in attempts to forward an agenda. The op-ed is then published in a spot where it will be noticed, either in the traditional spot opposite the editorial in printed media, or somewhere on a website where viewers will see it.

 

 

 

 

 

Vengeance

Vengeance of the show “Hamlet” [Title] [Original] I will disclose how to utilize foil in the play. The four foils I use are as per the following. [As brought up in this class, the foil is a letter, not “between letters”. Foil is a little character supporting the fundamental character. [Frag – 1] is an individual who is comparable or not the same as the fundamental character. [The foils ought to be diverse regardless of whether they are comparative. Laertes and Gertrude are only a couple of the individuals you are attempting to help.

The awfulness of vengeance (once in a while called retribution dramatization, retribution show or bleeding misfortune) is a sort of hypothesis whose fundamental subject is the lethal aftereffect of vengeance and vengeance. American instructor Ashley H. Thorndiek formally reported the awfulness of vengeance in the 1902 article “Connection among Hamlet and contemporary retribution dramatization”, recorded the advancement of the hero’s retribution plan, and regularly killers and Avengers Brought about his own passing. This sort previously showed up in the early current British distributed by Thomas Kid’s “Misfortune of Spain” in the second 50% of the sixteenth century. Early works, for example, Jasper Heywood ‘s Seneca (1560’ s), Thomas Norton and Thomas Sackville ‘s play Gorbuduc (1561) were likewise viewed as a misfortune of vengeance. Different misfortunes of well known vengeance incorporate the awfulness of William Shakespeare’s Hamlet (1599-1602), Titus Andronics (1588-1593), Thomas Middleton’s Avengers (around 1606).

In this investigation of vengeance and retribution of Elizabeth ‘s retribution, the two plays I see are the “Hamlet” of William Shakespeare and “The Tragedy of Avengers” of Thomas Middleton. After first observing the treatment of the writer ‘s Avengers’ character, different characters in the play will deal with the Avengers. Their fundamental subject is like adhering to the competition, however the two dramatizations present a differentiating picture … Hamlet – a misfortune of vengeance? Shakespeare’s misfortune A puzzling arrangement of contemplations identified with vengeance of Hamlet makes this article an intriguing encounter. Ruth Nevo clarifies the vulnerability involved by the hero’s most renowned monolog in Acts 3 and 4 in vengeance. I can not peruse the talk

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