PHOTOS SPARK CONVERSATIONS
What do you think attracts people to use virtual currencies?
LET'S LEARN!
Useful Words/Phrases
- virtual currency
- cryptocurrency
- blockchain
- decentralization
- ICO (Initial Coin Offering)
SPEAK MORE!
Direction: Discuss the following questions with your mentor and share about yourself. Make sure to answer in complete sentences.
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How do you see the rise of virtual currencies impacting traditional banking systems?
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What are some benefits and drawbacks of regulating virtual currencies?
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In your opinion, how can blockchain technology change the way we handle financial transactions?
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What role do you think governments should play in regulating virtual currencies?
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How can individuals ensure their safety when investing in cryptocurrencies?
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What future trends do you predict for virtual currencies and financial regulation?
Let's Practice!
Direction: Create a question using the vocabulary discussed.
Situation:
1.Using regulation, ask about its importance in the cryptocurrency market.
Situation:
2. With blockchain, create a question about its applications beyond currency.
Situation:
3. Using decentralization, ask about its implications for traditional financial systems.