should we get rid of paper money?

-

 

should we get rid of paper money😲


Here are some reasons we should get rid of paper money. Have you ever had the problem when you're in line and you only have cash and it takes forever to pay? Wouldn’t it be easier without paper money? Paper money can get ripped very easily and then you can’t use it anymore. You have to take out the cash slowly or it easily can rip.  


Another reason to get rid of paper money is you can’t really shop online with cash. You would have to shop credit or debit. For example, you have to buy are groceries during this time you are not really supposed to go out of the house and you would have to pay credit or debit, not cash.


I have a few more reasons why we should get rid of paper money. You can't really use it at gas stations or at certain food stores anymore. I like this place called Tripoli because they have great food there but you can only use cash if it is 5 dollars and below. Therefore, if you only have cash you can not buy a lot of stuff. 


Now for some of the cons. Without paper money, you have to depend on credit or debit cards. These have all of your information on them and if you lose it all your money is gone. It is called identity theft. People can also be easily hacked into and that is another reason your money can be gone. Credit cards and debit card are less easy to break which is good. But one pair of scissors can cut it right in half. People can also make fake money and use it but you can’t make a fake credit card. 


I think we should not get rid of paper money because I think it would be very hard to adjust to things without paper money. Also, people that are homeless on the street ask for money but without paper money you can’t give them anything to help them out. These are some reasons why we should and should not get rid of paper money.



https://scope.scholastic.com/issues/2020-21/020121/should-we-get-rid-of-paper-money.html



When will a third stimulus check go out? Here are the two potential timelines so far - CNET

Comments

  1. AnonymousFebruary 5, 2021 at 10:13 AM

    I believe in charity. That is why when I have $3.50 or less in my pocket, and there´s a charity volunteer nearby, I put the cash in the box. I think that we shouldn´t get rid of paper money.

    ReplyDelete

Post a Comment

Popular posts from this blog

Why was snowboarding invented?

-
Image
  Why the snowboard was invented!!!    If you want to know how people overcame the problem of snowboarding in the winter you’re in the right place! There was a man named Sherman Poppens who had a son that was in eighth grade and wanted to skate 365 days a year, even on cold winter days. To help his son, Poppens came up with the snurfer. His son loved playing outside with it. Poppens knew he had made is son happy and he was very proud of it!  A lot of people love to skateboard but one problem they face is they can’t figure out how to do it in the winter, especially if they live in a place where it snows. One solution was found by a boy named Tom Sims.  Tom took a trip to California and did a lot of skateboarding there. He started to get really good and he did it all the time. When winter came he could not skateboard because of the snow and the coldness. He came up with the idea for a new board that could be used on snow, the skiboard. He started to ...
Read more

Ida B Wells and her fight

-
Image
                                                                  Ida B Wells Ida B Wells was born in Holly Springs Mississippi. She was the oldest daughter of Lizzie and James Wells. In total she had 7 siblings. In no particular order, her  siblings were Eugenia, Annie, James, Lily, Stanley, and Eddie Wells. Wells was born in the middle of the civil war. Her parents were slaves at the time which means she was also a slave. When Wells was around the age of four her parents became politically active in Reconstruction Era politics. Her parents put their beliefs into Ida’s education. Wells wanted people of all skins to be treated equally. She wanted people to not give up their seats on trains or busses or any type of transportation, especially if you paid for it and had to move because of the color of your skin. Wells beli...
Read more