Some people feel that physical money no longer be used in the future. Others feel it will still have some uses. Discuss both sides and give your opinion?

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Undoubtedly, E-transaction is the most innovative development in the
economical
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economic
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field. There is a belief that coins and notes will be completely replaced in the future,
while
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some
people
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still argue that physical
money
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will
be existed
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exist
have existed
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. I opine with the first statement that paper currency will be no longer available in the coming era. The first and foremost
for
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apply
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the
Correct article usage
apply
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argument to support the cash form
that
Add a missing verb
is that
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there is no need
of
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for
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equipment to use in order to pay the bill. Some
people
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especially older
people
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have a challenge
to use
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using
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the
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apply
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payment cards or mobile phones to pay the bill.
Secondly
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, it is essential to have
proper
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a proper
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internet connection to do online transaction,
whereas
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in many rural areas, there
is
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are
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no facilities for internet usage, so in
such
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places, physical
money
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is the only option for
transactions
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.
On the other hand
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, I often believe that currency will be faded out
due to
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immense reasons. Nowadays, online transaction is very convenient, because
money
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is not needed to carry by hand.
People
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can transfer
the
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apply
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money
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by swapping a single card or by using mobile phones. Definitely, it is not a complex process and
variety
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a variety
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of options are available
due to
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the advancement in technology.
For example
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, applications like Google
pay
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Pay
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,
revoult
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revolt
etc. enable
the
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apply
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customers to do
the
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apply
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transactions
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through their mobile phones.
Furthermore
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, online
transactions
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figure out
the
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apply
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illegal activities like corruption, black
money
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and the use of illegal notes. Online
transaction
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transactions
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should need proof.
Such
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facility
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a facility
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increases the chance of the extinction of notes in the future. In conclusion,
eventhough
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even though
physical cash has its own advantages, technological advancements in the field of
money
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transactions
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will replace it
due to
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convenient and legal
e
Add a hyphen
e-transactions
show examples
transactions
Use synonyms
.
Submitted by anildeepthy1982 on

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Topic Vocabulary:
  • financial security
  • safety net
  • unforeseen circumstances
  • emergencies
  • future investments
  • retirement planning
  • financial discipline
  • habit of saving
  • amassing wealth
  • substantial fund
  • opportunity cost
  • additional income
  • inflation
  • purchasing power
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