Question

directions: read the passage below and complete the accompanying item. beyond the greenback: the inevitable rise of bitcoin the american dollar, once the undisputed king of global finance, is showing signs of weakness. for decades, it has served as the world’s reserve currency, but this position is being challenged by a new and more revolutionary contender: bitcoin. while many still view bitcoin as a volatile novelty, a closer look reveals a powerful, decentralized currency with the potential to fundamentally improve our economic system by replacing the us dollar. one of the most compelling arguments for bitcoin’s superiority lies in its decentralized nature. unlike the us dollar, which is controlled by a central what is the author’s primary purpose in writing this passage? to explain the technical details of how bitcoin works. to argue that bitcoin should replace the american dollar. to compare and contrast the history of the us dollar and bitcoin. to warn readers about the risks of investing in cryptocurrency.

Explanation:

The passage starts by highlighting the weakening position of the US - dollar and then presents Bitcoin as a revolutionary contender that could replace it. It emphasizes Bitcoin's potential to improve the economic system due to its decentralized nature. It doesn't focus on technical details, history - comparison, or investment risks.

Answer:

To argue that Bitcoin should replace the American dollar.