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.

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Technological
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The technological
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Technological
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advancements are shaping our
world
today and revolutionizing our day-to-day activities,
as a result
the
method
of payment is becoming more cashless.
While
, the major portion of
population
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the population
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today believes that
the
Correct article usage
apply
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traditional paper
notes
will lose their significance, citing the convenience and security alternatives
offers
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offered
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. Others think that physical money will remain in
use
by small businesses and rural
part
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parts
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of
nation
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the nation
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.
This
essay will discuss both views, before reaching a conclusion. On one hand, digital transactions are becoming the first preference for the businesses and public around the
world
. It provides great convenience of making or receiving
the
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apply
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payment
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payments
show examples
from digital devices, one can easily transfer any amount of money anywhere in
world
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the world
show examples
.
Moreover
, recording and auditing the digital
transaction
record is
easy
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an easy
show examples
and hassle-free process.
This
proved conducive for business activities and
provide
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provided
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a comprehensive solution.
Furthermore
, Digital payment is
secure
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a secure
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method
of
transaction
. Technology securing
the
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apply
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payments around the
world
is becoming more advanced and difficult to breach. One famous example would be blockchain technology.
On the other hand
, adopting
digital
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the digital
show examples
payments
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payment
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method
can be hard for small businesses, as
merchant
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merchants
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providing
the
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apply
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cashless
transaction
services charge some part of
transaction
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the transaction
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as platform fees. A small business owner who hardly makes any profit may
found
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find
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it challenging to pay additional platform fees.
For instance
, “only cash accepted” written can be observed in small shops. Another thing is people
of
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in
show examples
the countryside and backward part of the nation may find it difficult to
use
technology and would still prefer bank
notes
. From my point of view, as
world
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the world
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is becoming increasingly connected the
use
of digital currency will become a dominant
method
for exchanging money, but it would be unfair to say that it will replace the traditional currency. I found paper
notes
and coins will still be in
use
foreseeable future.
To conclude
,
traditional
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the traditional
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currency is losing its importance and value, as its alternative offers
huge
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a huge
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range of benefits. Despite
of
Change preposition
apply
show examples
the benefits
digital
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the digital
show examples
payments
Change the noun form
payment
show examples
method
serve
Correct subject-verb agreement
serves
show examples
, it cannot wipe out traditional 
notes
 
use
.
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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
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    • Sentence 1 - Summary
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    • Sentence 3 - Prediction or recommendation

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Essentional vocabulary list for IELTS Writing 7+

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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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