Money used to be made of paper, but now we have phones and apps for paying. So why do we still use paper money? Paper money is like a magic note that can buy you candy or toys, it doesn’t change shape, and everyone knows how much it’s worth. Even though we have digital ways of paying, paper money feels familiar, safe, and simple.
Why Paper Still Works
Sometimes, people don’t have internet or phones to use for payments. That’s when paper money is really useful, you can just hand someone a bill instead of waiting for your phone to load up.
Examples
- You hand a $10 bill to buy candy at the store.
- Your grandma uses paper money because she doesn’t have a phone.
- You give your friend $2 for a pencil.
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See also
- Why Do We Use ‘Coins’ in Modern Currency?
- Why Do We Use ‘Coins’ in Some Countries But ‘Notes’ in Others?
- How Did the Idea of ‘Money’ Evolve From Barter to Coins and Paper?
- How Did Paper Money Change Economic Systems?
- How Did Paper Money Come to Be?
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