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A career is a journey which must be carefully plotted, reviewed, and adjusted throughout a lifetime. Have you given any thought to your future career, or are you leaving it to chance? What can you do now to begin plotting your course to future financial success and security? Write your predictions here. In the next chapter, find out if you're right! __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ Virtual currencies are a new technological innovation — purely digital money used for online transactions. Proponents of the use of virtual currencies say they are superior to traditional forms of money for several reasons: they are not controlled by governments or banks, they are fully integrated into the Internet, and they can be used in any country regardless of that country’s currency. Others are more skeptical. Opponents of virtual currencies claim that they are prone to dramatic shifts in value which make it easy to suffer losses, and that they are often used by criminals and hackers, while being too difficult for most consumers to use, limiting their future growth. Your job: Research virtual currencies and choose a side in the debate. Be prepared to explain in a short speech to the class why virtual currencies should or should not be used, and to answer objections of those who disagree. Be able to support your argument with sourced facts. Consider requiring students to prepare for the debate using Padlet (padlet.com) , an online corkboard where they can collaborate, share notes, pictures, files and links. __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ PRODUCT PREVIEW DEBATE, PERSUADE, INFORM Virtual Currency: Virtuous or Not?
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Chapter 2 | Battler of the Banks
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