What are the advantages and disadvantages of having a cashless society?

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Hitherto, currency notes and coins have been mere used for transactions worldwide.
However
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, after getting a breakthrough in the same field, cashless medium is in vogue
.
Accept space
.
The essay discusses
pros
Suggestion
the pros
and cons of having a cashless community. As far as benefits are concerned, the
first
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which I consider is various forms of electronic cash.
That is
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to say, modern generation has myriad type of methods
such
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as credit cards, debit cards, electronic banking, mobile banking
;
Accept space
;
they are utilised with ease where network is available.
Besides
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, they consume less time.
For instance
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, educated civilians of India use plastic
money
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to do shopping in most of the cases.
In addition
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, as
this
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mode of transaction does not require to carry cash anywhere, a robbery or a theft is out of the world
.
Accept space
.
So, it gives more safety masses
especially
Suggestion
Especially
children and senior citizens.
Last
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but not least, it is a curse for those who carry black
money
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and do corruptions.
Nonetheless
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, drawbacks can not be overlooked. By far the most common criticism is to big losses within
second
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in case of cyber crime or plastic
money
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loss. To elaborate, if either information associated with bank accounts
such
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as account number, IFSC code or a plastic
money
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is found by some hackers
,
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,
large sums of
money
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is
Suggestion
are
at stake.
For example
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, my friend, Janhvi, lost one lakh rupees while
purchasing
Suggestion
purchase
flower pots through Amazon
Moreover
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, hefty wealth to be spent setting up the needed infrastructure that
put
Suggestion
puts
additional burden on budgets of governments. Not to mention, it
si
have the quality of being; (copula, used with an adjective or a predicate noun)
is
not feasible for small
purchasing
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purchasing, such
such
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as chocolates from small stall keepers. To conclude, despite of a few shortcomings
such
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as cyber crime, cashless transactions need to be operated by every sort of person in order to get safe and face paced life.
Therefore
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,
instead
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of criticising, dwellers have to utilise
this
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advanced technological method.

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For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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