In this world money is most an important thing to focus, because money is last stage of transaction. There are two types of money like (cash and card). Current world, most people are getting into card payments. In my view I partially agree with the opinion that mentioned. In this essay I will reveal my perspective of this opinion.
Firstly, nowadays world converted into cashless money systems because when we forward to the system changes, we have to change our actions. In this scenario cashless money will be very easy to do the transactions, easy to the carrying and very safety better than cash money. When people using card payments like debit and credit, that will help government to calculate real income and expenses in each person then government can charge their taxes charges. Card payments can be very easy to the run all transactions and very easy to use.
In other hand, there are many developing countries can’t strict with the new changes. In developing countries most usage of currency is cash because some people have no knowledge about the card payments, not much an idea advantage of using credit card or debit cards. Basically, people need to know about the new changes and should adapt to the new systems. That is the only point I can mention about the replacing money is not suitable for every environment and leaders have to change people’s minds, update them to the current world.