- How important is it to invest?
- In what kind of things would you like to invest?
- repeat /ri-PEET/
- debit card /DEB-it kahrd/
- affordable /uh-FAWR-duh-buhl/
- freeze /freez/
- rapidly /RAP-id-lee/
[noun] – a situation in which something happens or is done more than once
There will be a repeat of this event next year.
[noun] – a small plastic card that can be used as a method of payment, the money being taken from your bank account automatically
I would like to pay with my debit card, please.
[adjective] – not expensive
The 1LDK rent in this apartment is quite affordable.
[verb] – if a government or court freezes someone’s bank account, money, assets etc., it legally prevents them from using any of it
The government has announced its plans to freeze 120 local bank accounts.
[adverb] – in a fast or sudden way
The disease spread rapidly.
With an annual rate of more than 50 percent, Argentina’s inflation has been an ongoing source of concern. The severe financial crisis in the country began at the end of the 1990s when bank accounts were frozen and people’s savings vanished suddenly. So far, the government has taken a laid-back approach toward the Bitcoin boom. But the Central Bank has issued warnings against crypto-based scams. Although cryptocurrency use is not yet widespread, it is rapidly growing, which is cause for concern.
- According to the article, how many Argentine start-ups currently offer crypto-based transaction debit cards?
- Which town in Argentina has 40 percent of businesses that accept Bitcoin?
- Based on the article, why is it more affordable to run an energy-intensive Bitcoin mining operation?
- What is Argentina’s annual inflation rate?
- When did the country’s severe financial crisis begin?
- Kindly share your money-saving tips.
- What do you believe are good investments?
- Would you try cryptocurrency? Why or why not?
- Do you think the government of Argentina can gain back the trust of its citizens?
- In your opinion, what can the Argentine president do to combat inflation?