Classical Argument Essay Example: Bitcoin and Cryptocurrency

Sample essay using the classical argument method. Argumentation is an artform that requires the knowledge of the fundamentals of debate, and putting theory into practice is where the going gets tough. This is especially true for the classical argument method for essays where students are expected to prove their point using a set of key pointers that form the backbone of the entire writeup. Here is an example of a classical argument essay that you can refer to as a guide using the topic of Bitcoin or cryptocurrency in general.

[INTRODUCTION]
“The financial world is evolving fast, and what counts as dubious today may well be the standard of the future. Like most innovations, cryptocurrency is at its infancy where it is yet to prove its worth to the entire world. Bitcoin, for instance, is yet to surge past the boundaries of most countries as an everyday financial conduit that the average person uses. However, as it stands today, people are beginning to realize the utility of Bitcoin, and the future looks bright. People should start adopting Bitcoin as a form of currency because it makes financial transactions secure and fast.”

[NARRATION]
“Just turning into a little more than a decade, Bitcoin finds its roots in the desire to introduce a shift in the financial world. Designed to settle transactions online and as a store of value, Bitcoin is fast emerging as a currency that can be used by people regardless of location and social status. In fact, many merchants in recent years have adopted Bitcoin as their preferred mode of payment. Today, developments are well underway to make the Bitcoin network even better than it has ever been.”

[CONFIRMATION]
“The primary reason for adopting Bitcoin as a form of currency is that it offers a secure alternative to the traditional paper money. With Bitcoin, people no longer need to carry paper bills and coins just to make purchases and other financial transactions. The Bitcoin network itself has never been hacked, and upgrades to the system continues to this day. This is apart from the fact that multitudes of cross-border transactions done over the Bitcoin network are succrssfully completed over relatively short periods of time.”

[REFUTATION]
“Nevertheless, not all people are sold over the Bitcoin idea. Majority of the disbelievers argue that Bitcoin is just a fad that will fade away sooner rather than later. But if that is the case, large multinational institutions would not have started to adopt the network into their system, let alone offer Bitcoin as an investment portfolio. Additionally, the network itself would not have been under continuous development from multiple organizations and highly-skilled individuals over the years.”

[CONCLUSION]
“In the end, Bitcoin is here to stay. There is no stopping the technology from gaining more momentum as more people and institutions begin to use it on a daily basis. The best thing to do at this point is for others to embrace it as part of their daily lives so that they can reap the benefits sooner than later.”

We have just provided an example of a classical argument essay divided into its specific components. This argumentation style is most useful as it is the basic form of proving your thesis statement. You can also hire us to write your classical argument essays for you.

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