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

Many hold the view that whether physical
money
should be removed or not in the long term.
While
I understand that there are several benefits of using
cash
, I believe other
cash
replacements would be far more advantageous.
To begin
with, physical
money
is beneficial
in
Change preposition
for
show examples
two main reasons.
Firstly
, it is believed that using
cash
perhaps be more
secured
Change the form of the verb
secure
show examples
than a bank card in the era of
digital
Add an article
the digital
show examples
world
nowadays
Rephrase
apply
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.
For example
, thieves can easily go shopping online if your credit card details are hacked. In
this
case, consumers would prefer physical
money
over digital
one
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money
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.
Secondly
, since a number of old coins or note editions launched by
government
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the government
show examples
are relatively rare and valuable for sale or exchange, collectors might have a strong desire
for possessing
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to possess
show examples
them.
As a result
, completely removing physical
money
seems not favourable.
However
, I believe
cash
should be replaced by electronic forms of
money
in the future. The first and very obvious reason is that
the
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its
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flexibility and convenience
of
Change preposition
apply
show examples
itself
Correct pronoun usage
apply
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offers
Correct subject-verb agreement
offer
show examples
a range of advantages.
For instance
, customers and businesses now can benefit from purchasing digitally thanks to online payment using credit or debit cards. Another advantage is that electronic payment
such
as Apple
pay
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Pay
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likely
encourage
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encourages
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consumers to use less
cash
, which is safer to some extent by reducing
a
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the
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number of robbers attempting to aim at vulnerable people
such
as the old. The second reason is that as notes or coins are made of physical materials, generating or
disposing
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disposing of
show examples
them is more likely to exert severe impacts on (pose a threat to)
environment
Correct article usage
the environment
show examples
.
Therefore
, getting rid of them should be taken into consideration in the future. In conclusion, it is believed that physical
money
has its own advantages.
However
, it should be replaced by other digital forms of
money
in the future because of
aforementioned
Correct article usage
the aforementioned
show examples
reasons.
Submitted by ledinhan168 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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