: Some people think that paper money and coins will be replaced completely by credit cards and online methods of payment in the future. Do you agree or disagree?

#people #paper #money #coins #credit #cards #methods #payment #future

With the technological advancements in the banking system, nowadays people are presented with numerous ways of paying for purchases. It is often said that electronically operated banking cards will displace the use of

paper

money

and coins.

However

, I don’t believe that modern payment methods will take over completely from traditional banknotes and coins. There are various advantages of modern monetary

exchange

Firstly

, it is now increasingly common for people to shop online where they cannot use

paper

money

and coins to pay.

Thus

, people eventually embrace the modern method of payment to be able to participate in online commerce.

Secondly

, the security features of credit cards and online method of monetary

exchange

give authorities the capability of tracing the use of the cards.

However

, if the person carrying

money

is robbed

then

it is difficult to find out where the stolen

money

is used.

Furthermore

, the safety features of modern monetary

exchange

will be invaluable for people who want to keep their hard-earned

money

safe. Even though electronic cards have brought tremendous comforts and convenience to people, these cannot entirely replace the traditional

money

exchange

Paper

money

and metal coins have long been used as a medium of

exchange

and a standard of value in almost all societies.

Thus

, the traditional monetary system has a cultural, historical and social background which

are

Suggestion

impossible to change. Internet banking is not always fully secured. There is ample evidence of computer viruses, hackers and crimes. Humans have developed a certain emotional bonding with

paper

money

and coins. Coin collectors,

for example

, will inevitably get hurt

after entire

Suggestion

after an entire

replacement of traditional

money

and coins. In conclusion, the modern monetary

exchange

has certainly benefited people by bringing convenience and avoiding certain problems from using

paper

money

and coins.

Submitted by officiallovely49290 on Sat Dec 07 2019

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: Some people think that paper money and coins will be replaced completely by credit cards and online methods of payment in the future. Do you agree or disagree?

Fully explain your ideas

Some people believe that it is a good idea to share as much information as possible in scientific research, business and the academic world. Others believe that some information is too important or too valuable to be shared freely. Discuss both these views and give your own opinion.

Computers are being used more and more in education. Some people say that this is a positive trend, while others argue that it is leading to negative consequences. Discuss both sides of this argument and then give your own opinion.

some people say that the only reason for learning a foreign language is in order to travel to or work in a foreign country. others say that these are not the only reasons why someone should learn a foreign language. discuss both these views and give your opinion.

Some people work for the same organisation for a lifetime. Others think it is better to work for different organisations. Discuss both views and give your own opinion.

Some people think reading stories in books is better than watching TV or playing computer games for children. To what extent do you agree or disagree?