首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
Giving millions of existing PayPal customers the ability to buy at the click of a button has enormous potential for increasing
Giving millions of existing PayPal customers the ability to buy at the click of a button has enormous potential for increasing
admin
2022-02-15
59
问题
Giving millions of existing PayPal customers the ability to buy at the click of a button has enormous potential for increasing those numbers, but access to the currency isn’t the only limiting factor. People need a way to spend it.
A handful of large companies, such as Microsoft, have begun accepting bitcoin as payment, and others such as electric car company Tesla have done so at times too.【F1】
And while several other retailers, including grocery stores, coffee shops and hardware stores, have systems to accept cryptocurrency in some countries, using only this form of payment day-to-day would be no easy task.
PayPal users in the UK won’t be able to use cryptocurrency to buy goods or services—they can only buy, hold and sell the currency. But in the US, the company offers the ability to use balances for payments anywhere that accepts PayPal.【F2】
This effectively allows hundreds of thousands of retailers to accept cryptocurrencies without having to make any changes or accept any risk, and receive US dollars from PayPal as normal.
This is vital, as the risk for businesses is high, says Carol Alexander at the University of Sussex, UK. Cryptocurrencies are "dominated by huge speculation and rampant manipulation" , she says.
【F3】
Organized groups are able to cause swings in cryptocurrency values with coordinated buying or selling and, unlike the traditional financial services sector, there is little regulation to stop it.
So, if you take bitcoin as payment directly, it may plummet in value before you convert it.
"I can’t see this as the moment crypto goes mainstream. The widespread market abuse needs addressing first," says Alexander.
Cryptocurrencies are decentralised systems with no official oversight, so regulation is difficult. Registered companies that deal in them are finding themselves under increasing scrutiny. In June, the UK’s Financial Conduct Authority ruled that Binance Markets Limited, one of the world’s largest cryptocurrency exchanges, had to cease regulated trading in the UK.
There are still hurdles to overcome before cryptocurrency can truly break into the mainstream, including its exorbitant energy use, volatility and complexity.
【F4】
But some are still confident that the technology offers enough benefits, such as protection from inflation, a degree of anonymity and low fees for large payments, that widespread adoption is inevitable.
【F5】
Nigel Green at financial services firm deVere Group is confident that cryptocurrencies will replace traditional money and, although that moment is still some way off, he says PayPal’s announcement is " yet another example that exposes cryptocurrency deniers as being on the wrong side of history".
"This is a major step forward towards the mass adoption of digital currencies," he says. "More and more payment companies will naturally follow their lead. "
【F3】
选项
答案
有组织的团体能够通过协调买卖来引起加密货币价值的波动,并且与传统的金融服务行业不同,几乎没有监管可以阻止它。
解析
本句是并列句。and连接前后两个并列分句。unlike the traditional financial services sector为插入语。注意little表示“否定,不”,a little表示“一点,一些”。
转载请注明原文地址:https://kaotiyun.com/show/6ImZ777K
0
考研英语一
相关试题推荐
Researchhasshownthat—inbothsexesandacrossnumerouscultures—attractivepeoplearejudgedtobesmarter,kinder,morehone
Researchhasshownthat—inbothsexesandacrossnumerouscultures—attractivepeoplearejudgedtobesmarter,kinder,morehone
AwaronsugarhasbegunintheUKthatechoesthenation’ssuccessfulcampaignagainstsalt.Theeffortis【C1】______becauseit
AwaronsugarhasbegunintheUKthatechoesthenation’ssuccessfulcampaignagainstsalt.Theeffortis【C1】______becauseit
Asapublicrelationsofficer,heissaid______someveryinfluentialpeople.
Inrecentdecades,scientistshavebecomeincreasinglyawareoftheparttheobserver【C1】______inthescientificprocess.Inthe
Inrecentdecades,scientistshavebecomeincreasinglyawareoftheparttheobserver【C1】______inthescientificprocess.Inthe
TheEconomistcalculatesthataroundtheworldalmost290million15-to24-year-oldsareneitherworkingnorstudying:almosta
InSeptember,morethanadozenwhalesbeachedthemselvesintheCanaryIslands.Rescuerstriedtowaterdownthewhalesandkee
随机试题
骨折后,反复整复的最严重的并发症是()
下列除哪项外,均是缺铁性贫血脾气虚弱证的临床表现
某学龄儿童采用0.05%NAF、漱口水预防龋齿,其使用方法应为
自重内力计算必须考虑施工(形式)过程的有( )。
某产品本月成本资料如下:(1)单位产品标准成本:本企业该产品预算产量下标准工时为1000小时。(2)本月实际产量20件,实际耗用材料900千克,实际人工工时950小时,实际成本如下:要求:计算变动制造费用耗费差异和效率差异。
下列各项中,属于会计估计变更的有()。下列关于A公司就其会计政策和会计估计变更后有关所得税会计处理的表述中,正确的有()。
地接社没有安排旅游团人住协议书规定星级的酒店,游客不满,地陪应及时采取有效措施消除游客不满,即采用()。
Imagineyou’reatapartyfullofstrangers.You’renervous.Whoarethesepeople?Howdoyoustartaconversation?Fortunately,
()收益人()到期()外汇风险()国际交易
25yearsago,RayAnderson,asingleparentwithaone-year-oldson【B1】______aterribleaccidentwhichtookplacewhenthedrive
最新回复
(
0
)