Complete the text with the most logical and precise word.
Cevap:While some financial theorists argue that the rise of decentralized digital currencies will eventually 【obviate】 the necessity of central bank regulation, others contend that the inherent volatility of these assets will inevitably compel governments to intervene, thereby reinforcing traditional monetary oversight.
Cevap
The correct word must mean to make unnecessary or prevent, such as 'obviate' or 'eliminate'.
The sentence establishes a contrast between two views of digital currencies. While one side believes that digital currencies will make central bank regulation unnecessary, the other believes that volatility will compel intervention and reinforce oversight. The word 'obviate' (or synonyms like 'eliminate' and 'preclude') precisely means to make unnecessary or prevent, completing the contrast logically.
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Words in Context: High-Utility Vocabulary
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