: Some people think that paper money and coins will be replaced completely by credit cards and online methods of payment in the future. Do you agree or disagree?

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With the technological advancements in the banking system, nowadays people are presented with numerous ways of paying for purchases. It is often said that electronically operated banking cards will displace the use of
paper
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money
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and coins.
However
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, I don’t believe that modern payment methods will take over completely from traditional banknotes and coins. There are various advantages of modern monetary
exchange
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.
Firstly
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, it is now increasingly common for people to shop online where they cannot use
paper
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money
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and coins to pay.
Thus
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, people eventually embrace the modern method of payment to be able to participate in online commerce.
Secondly
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, the security features of credit cards and online method of monetary
exchange
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give authorities the capability of tracing the use of the cards.
However
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, if the person carrying
money
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is robbed
then
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it is difficult to find out where the stolen
money
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is used.
Furthermore
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, the safety features of modern monetary
exchange
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will be invaluable for people who want to keep their hard-earned
money
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safe. Even though electronic cards have brought tremendous comforts and convenience to people, these cannot entirely replace the traditional
money
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exchange
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.
Paper
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money
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and metal coins have long been used as a medium of
exchange
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and a standard of value in almost all societies.
Thus
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, the traditional monetary system has a cultural, historical and social background which
are
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is
impossible to change. Internet banking is not always fully secured. There is ample evidence of computer viruses, hackers and crimes. Humans have developed a certain emotional bonding with
paper
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money
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and coins. Coin collectors,
for example
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, will inevitably get hurt
after entire
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after an entire
replacement of traditional
money
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and coins. In conclusion, the modern monetary
exchange
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has certainly benefited people by bringing convenience and avoiding certain problems from using
paper
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money
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and coins.
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    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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