The paper money in your wallet has some new friends. China has upgraded the fifth edition (版本) of the renminbi (RMB) . The new money has brighter colors and new security features (防伪特征) .
In fact, China was the first country to use paper money. It was used during the Northern Song Dynasty (960-1279) .
For about 1,000 years, paper money has played a big part in our lives. But things have changed in recent years. More people are paying for things with the WeChat Wallet and Alipay mobile apps.
Does this mean paper money will go away one day? Maybe. But not for now, according to The New York Times.
First of all, not every country is going cashless (不用现金的) . Paper money is still widely used in most countries. There is also the danger of hacking (黑客攻击) . If you pay for everything online, someone could hack into your phone and take your money.
So, you may still want to keep some paper money on hand, just in case.
On the road toward a cashless future, one country is farther ahead than others—Sweden. Sweden plans to become the world's first cashless country by March 2023. People will mostly use bankcards to pay for things. In fact, many banks in Sweden no longer have cash on hand already.
A. The earliest paper money was the jiaozi.
B. We are sure more and more people prefer to use paper money.
C. By then, people will no longer use cash.
D. Many countries use high tech to make online shopping not dangerous.
E. Making fake (伪造的) money will become even harder.
F. There are a few reasons for this.
G. In China, paper money is getting less popular.
