It is not a secret that nowadays it is getting less popular to pay for things with paper
money
. Use synonyms
Besides
, some individuals hold the view that Linking Words
bank
notes will disappear in the foreseeable future. From my perspective, it is highly likely that paper and copper currency will not be relevant anymore approximately in 50 years' time. Use synonyms
Moreover
, it will be completely replaced by plastic Linking Words
cards
or Use synonyms
technology
.
Use synonyms
First
of all, the usage of paper Linking Words
money
has decreased over the past decade. According to a study, paying for services and commodities by Use synonyms
cash
has shrunk up to 35% since 2011. Use synonyms
Moreover
, a recent survey demonstrates that Linking Words
this
trend will continue because notes and coins are not that convenient to use as Linking Words
bank
Use synonyms
cards
. Certainly, it is the case due to the development of Use synonyms
bank
systems and Use synonyms
technology
. Use synonyms
Therefore
, it may well be the truth that people will have given up using Linking Words
cash
Use synonyms
money
in a few decades or so.
Use synonyms
Secondly
, Linking Words
technology
is advancing extremely fast, and so are banks. Use synonyms
For example
, the Brasil Central Linking Words
bank
has created and released a platform called Pix that allows paying for purchases with one click using a smartphone and QR code. It is still a rare method of payment today but research has shown that the 'Pix' has a huge potential in the long run. Use synonyms
Subsequently
, it can be seen that consumers prefer paying with Linking Words
cards
and modern applications whereas Use synonyms
cash
Use synonyms
money
loses its relevance every day.
In conclusion, without a doubt, notes are getting less common in the modern world even though some individuals still continue to pay for things in Use synonyms
cash
. Predictably, plastic Use synonyms
cards
and Use synonyms
technology
will become a new currency in the long term.Use synonyms
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