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Will digital money be replaced with paper money?

Will digital money be replaced with paper money? K09B1
Money has been the main source of currency since the first days of civilization. However, now times have changed, and many people use credit cards debit cards and other forms of cash to pay for the products they want to consume. Paper money has always been a ‘traditional way’ to pay but sudden rise of electronic usage has increased dramatically and also with recent events like COVID-19 has prompted the use of electronic money due to many factors like convenience. So, will paper money be substituted by electronic money, there are certain advantages and disadvantage in using electronic money, but one main issue couldn’t be resolved is security. You can’t really know the numbers on your screen is really real, unless you hold a note on your hand from the ATM. But what if we become a cashless society where there wouldn’t be an ATM, people would lose the sense of security of knowing that the money on their screen is really real unless money can be transfer into real notes. And can this change your life and everyone else, but personally, I don’t think that paper money will be replaced with electronic money, but rather both will co-exist since one cannot survive without the other. During COVID-19 times, it has now increasingly common for people to shop online where they cannot use paper money and coins to pay due to quarantines. Thus, people eventually embrace the modern method of payment to be able to participate in online commerce. 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 due to the fact that paper money is the real value behind the numbers on your bank account. 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 impossible to change. Internet banking is not always fully secured. There is ample evidence of computer viruses, hackers and crimes. And not many people have the same knowledge as others when it comes to technologies such as elderly. This is a downside to digital money where paper money could fill in the gap, but also to realise its benefits that paper money couldn’t do. In conclusion, usage of cards is dependent upon the knowledge of person whether its digital or paper money, both are play a part on our society. With recent events like COVID-19 has made us realise the convenience of digital money but no matter how you look at it, paper money will not be replaced by electronic money, but two continues to co-exist.
You use this word too often, consider replacing it with
Money
has been the main source of currency since the
first
days of civilization.
However
,
This phrase/word (depending on the context) can be potentially replaced with :
now
times have
This phrase/word (depending on the context) can be potentially replaced with :
changed
, and
This phrase/word is too simple and can be replaced with:
many
You use this word too often, consider replacing it with
people
This phrase/word (depending on the context) can be potentially replaced with :
use
credit
You use this word too often, consider replacing it with
cards
debit
You use this word too often, consider replacing it with
cards
and other forms of cash to pay for the products they want to consume. Paper
You use this word too often, consider replacing it with
money
has always been a
You use this word too often, consider replacing it with
‘traditional
way’ to pay
This phrase/word is too simple and can be replaced with:
but
sudden rise of
You use this word too often, consider replacing it with
electronic
usage has increased
dramatically
and
also
with recent
This phrase/word (depending on the context) can be potentially replaced with :
events
like COVID-19 has prompted the
This phrase/word (depending on the context) can be potentially replaced with :
use
of
You use this word too often, consider replacing it with
electronic
You use this word too often, consider replacing it with
money
due to
This phrase/word is too simple and can be replaced with:
many
factors like convenience.
This phrase/word is too simple and can be replaced with:
So
, will paper
You use this word too often, consider replacing it with
money
be substituted
by
You use this word too often, consider replacing it with
electronic
You use this word too often, consider replacing it with
money
, there are certain advantages and disadvantage in using
You use this word too often, consider replacing it with
electronic
You use this word too often, consider replacing it with
money
,
This phrase/word is too simple and can be replaced with:
but
one main issue couldn’t
be resolved
is security. You can’t
really
know the numbers on your screen is
really
You use this word too often, consider replacing it with
real
, unless you hold a note on your hand from the ATM.
This phrase/word is too simple and can be replaced with:
But
what if we become a cashless society where there wouldn’t be an ATM,
You use this word too often, consider replacing it with
people
would lose the sense of security of knowing that the
You use this word too often, consider replacing it with
money
on their screen is
really
You use this word too often, consider replacing it with
real
unless
You use this word too often, consider replacing it with
money
can be transfer into
You use this word too often, consider replacing it with
real
notes. And can this
This phrase/word (depending on the context) can be potentially replaced with :
change
your life and everyone else,
This phrase/word is too simple and can be replaced with:
but
personally
, I don’t
This phrase/word (depending on the context) can be potentially replaced with :
think
that paper
You use this word too often, consider replacing it with
money
will
be replaced
with
You use this word too often, consider replacing it with
electronic
You use this word too often, consider replacing it with
money
,
This phrase/word is too simple and can be replaced with:
but
rather
both will co-exist since one cannot survive without the other.

During COVID-19 times, it has
This phrase/word (depending on the context) can be potentially replaced with :
now
increasingly
common for
You use this word too often, consider replacing it with
people
to shop online where they cannot
This phrase/word (depending on the context) can be potentially replaced with :
use
paper
You use this word too often, consider replacing it with
money
and coins to pay due to quarantines.
Thus
,
You use this word too often, consider replacing it with
people
eventually
embrace the modern method of payment to be able to participate in online commerce. With the technological advancements in the banking system, nowadays
You use this word too often, consider replacing it with
people
are presented
with numerous ways of paying for
This phrase/word (depending on the context) can be potentially replaced with :
purchases
. It is
This phrase/word is too simple and can be replaced with:
often
said that
electronically
operated banking
You use this word too often, consider replacing it with
cards
will displace the
This phrase/word (depending on the context) can be potentially replaced with :
use
of paper
You use this word too often, consider replacing it with
money
and coins.
However
, I don’t believe that modern payment methods will take over completely from
You use this word too often, consider replacing it with
traditional
banknotes and coins due to the fact that paper
You use this word too often, consider replacing it with
money
is the
You use this word too often, consider replacing it with
real
value behind the numbers on your bank account.

Even though
You use this word too often, consider replacing it with
electronic
You use this word too often, consider replacing it with
cards
have brought tremendous comforts and convenience to
You use this word too often, consider replacing it with
people
, these cannot
entirely
replace the
You use this word too often, consider replacing it with
traditional
You use this word too often, consider replacing it with
money
exchange. Paper
You use this word too often, consider replacing it with
money
and metal coins have long been
This phrase/word (depending on the context) can be potentially replaced with :
used
as a medium of exchange and a standard of value in almost all societies.
Thus
, the
You use this word too often, consider replacing it with
traditional
monetary system has a cultural, historical and social background which are impossible to
This phrase/word (depending on the context) can be potentially replaced with :
change
. Internet banking is not always
fully
secured. There is ample evidence of computer viruses, hackers and crimes. And not
This phrase/word is too simple and can be replaced with:
many
You use this word too often, consider replacing it with
people
have the same knowledge as others when it
This phrase/word (depending on the context) can be potentially replaced with :
comes
to technologies such as elderly. This is a downside to digital
You use this word too often, consider replacing it with
money
where paper
You use this word too often, consider replacing it with
money
could fill in the gap,
This phrase/word is too simple and can be replaced with:
but
also
to
Possible spelling mistake. 'realise' is British English.
realise
its benefits that paper
You use this word too often, consider replacing it with
money
couldn’t do.

In conclusion
, usage of
You use this word too often, consider replacing it with
cards
is dependent upon the knowledge of person whether its digital or paper
You use this word too often, consider replacing it with
money
, both are play a part on our society. With recent
This phrase/word (depending on the context) can be potentially replaced with :
events
like COVID-19 has made us
Possible spelling mistake. 'realise' is British English.
realise
the convenience of digital
You use this word too often, consider replacing it with
money
This phrase/word is too simple and can be replaced with:
but
no matter how you look at it, paper
You use this word too often, consider replacing it with
money
will not
be replaced
by
You use this word too often, consider replacing it with
electronic
You use this word too often, consider replacing it with
money
,
This phrase/word is too simple and can be replaced with:
but
two continues to co-exist.
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IELTS essay Will digital money be replaced with paper money?

Essay
  American English
4 paragraphs
504 words
5.5
Overall Band Score
Coherence and Cohesion: 5.5
  • Structure your answers in logical paragraphs
  • ?
    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.0
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 6.5
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 5.5
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
Labels Descriptions
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    Currently is not available
  • Meet the criteria
  • Doesn't meet the criteria
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