TUGAS 1 ADBI4201

(BAHASA INGGRIS NIAGA)

YANWAR ARIFIN

048384381

PRODI AKUNTANSI

UPBJJ UT BOGOR

TAHUN AJARAN 2023.1

Pertanyaan :

Please choose one of the topics below. Then, write an essay

consisting of 3 paragraph. Elaborate your own opinion with the
references related to the topic that you choose.

1. Given the rise in popularity of NFTs (Non-Fungible Tokens) and

digital art, many creators are now using auction-based platforms to
sell their work. Do you think auctions are an effective method for
selling digital art, considering the unique dynamics of the digital art
market and the behavior of collectors in this space? Explain your
reasoning.

Jawaban :

Paragraph 1

Auctions have become a popular method of selling digital art, especially

with the rise of NFTs. Through auctions, creators can exploit the unique
market dynamics in digital art. In auctions, the price of works of art is
determined by supply and demand, creating opportunities for digital works of
art to gain high value according to collectors’ interests.

Paragraph 2

The behavior of digital art collectors also supports the effectiveness of

auctions as a sales method. Digital art collectors often seek rare and unique
works, which can be found through auctions. With price transparency and
ownership history recorded on the blockchain, auctions provide certainty and
security for collectors in purchasing digital works of art.
Paragraph 3

Although auctions can be an effective method, it is important to

consider the risks and complexities involved. The rapid price fluctuations and
volatility of the digital art market can be challenging for creators and
collectors. Therefore, it is important for creators and collectors to have a good
understanding of the digital art market before engaging in auctions.

Conclusion

Auctions are an effective method for selling digital art because they
allow creators to take advantage of unique market dynamics and meet the
needs of digital art collectors seeking rare works. However, it is important to
take into account the risks and complexities associated with auctions in the
digital art market
Pertanyaan :

Please choose one of the topics below. Then, write an essay

consisting of 3 paragraph. Elaborate your own opinion with the
references related to the topic that you choose.

2. With the increasing interest in and adoption of cryptocurrencies,

some argue that the role of central banks could diminish in the
future. How might the rise of decentralized digital currencies impact
the traditional functions of central banks, such as controlling
inflation, regulating the banking sector, and ensuring financial
stability? Explain your reasoning

Jawaban :

Paragraph 1

Cryptocurrencies, such as Bitcoin, have given rise to discussions about

the future role of central banks. Developed in a decentralized manner, this
digital currency does not depend on a single authority, such as a central bank.
This raises questions about how central banks will remain relevant in
controlling inflation, regulating the banking sector, and maintaining financial
stability in an era where cryptocurrencies are increasingly popular.

Paragraph 2

One of the impacts of the emergence of decentralized digital currencies

is the potential to reduce the role of central banks in controlling inflation. Due
to their decentralized nature, cryptocurrencies are difficult for central banks to
regulate through traditional monetary policy. This could change the way
central banks operate in maintaining price stability and currency value.
 Paragraph 3

In addition, the adoption of cryptocurrencies may also affect the role of

central banks in regulating the banking sector. As more and more transactions
are conducted via digital currencies, central banks may need to adjust their
regulations and policies to remain relevant in overseeing the financial sector.
Therefore, central banks need to continue to adapt to developments in
financial technology to ensure overall financial stability.

Reference :

 Nakamoto, S. (2008). Bitcoin: A Peer-to-Peer Electronic Cash System.BIS (Bank

for International Settlements). (2020).
 Central bank digital currencies: foundational principles and core features.