Will cash become obsolete in the near future?

Introduction

Read through the following text and look up any vocabulary you are not sure about before answering the questions.

Conversation Overview

With card payment being so common now and the introduction of cryptocurrencies like bitcoin, cash is becoming less common as a method of payment.

Some people say that in the near future cash will disappear completely as the use of other payment methods increase. Others argue that there are still many advantages to physical cash and it is here to stay.

Questions

  • How often do you use cash?
  • What other ways do you pay for things?
  • What are the advantages of paying by cash?
  • What negative effects would there be if cash no longer existed?

Key Vocabulary

  • Payment noun
  • Pay verb
  • Crypto-currency noun
  • Coins noun
  • Change noun
  • Cash noun
  • Card noun
  • Transaction noun

Question Details

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