some people believe that carrying cash should not be necessary and all payments ought to be digital. Others argue that having paper money still has benefits. What do you believe and why? Give reason for your answer, and include relevant examples from your own knowledge or experience.

The wave of digitization in the world, over recent few years has changed the mode of capital from

cash

to digital wallets i.e. the virtual note or amount saved in different e-wallets.

cash

is the basic need for an individual to fulfil his basic needs of everyday chores. And

this

transition from hard

cash

to digital wallets has divided the society into two parts. In spite of having benefits of digital currency like no chance of

money

laundering but still

Add a comma

,

show examples

the primary is accessibility and acceptance in the market. So, In my opinion, demerits outweigh the benefits, and people still carry currency despite having many e-wallets. Hard-

Cash

is prefered over digital

money

, as it is easily accessible for all age group people. No dependency on the

internet

or expensive mobiles.There are many benefits like exchanging capital in a digital form is faster, no hassle of looking for a change.

However

, the biggest disadvantage that outweighs all merits is the dependency on expensive smartphones and good understanding about using different apps.

In addition

,even after learning all these new trends, still, if you have a poor

internet

connection

then

it is nearly impossible.

For instance

, I went to refill my CO2 cylinder in the remote area of the town, having no connectivity of the

internet

. I tried to pay using e-media but failed. Fortunately, I always carry currency but,

this

taught me a lesson to not depend completely on these latest means of digital

cash

.

Moreover

, hard

cash

is acceptable everywhere by everyone. It doesn’t matter whether the person is educated or not.

On the other hand

, to use digital methods to exchange

money

need the person to educated in order to follow the instructions. My mother faced a lot of challenge to learn using mobile to even make a call. It is hard for me to ask her to learn other apps to pay bills. In conclusion, I believe

this

modern world of

internet

can introduce different modes to exchange wealth but still the ease to access and acceptance by all age group people are the primary reason for

cash

to still rotate in the market. As there is saying old is gold, people can add the new modes of

money

exchange along with

cash

.