Do you think cashless society is realistic and why? What are the advantages and disadvantages?

The role of cashless society in spending money among people of the modern society is widely debated, with many people claiming that electronic transactions help people because of its convenience, security features and the development of technology. In my opinion, this notion merits serious consideration and I will explain why in this essay with relevant arguments and illustrations.

There are myriad arguments in favor of my stance. The most significant one is that it is easier to track all the transactions when you need, specially to catch illegal transactions. In addition, it improves the transparency of the day today activities. Apart from that, cashless transactions help not only to reduce the risk of carrying bulky cash but also to avoid the cash theft. For instance, underpinning the aforementioned discussion, an extensive study of Age states that after implementing this new method, crime rate in Australia has reduced from 70% to 40%. Needless to say, all these arguments justify why some people believe it has more positive outcomes to the society.

However, some people does not have full knowledge about digital transactions and cyber security which leads to face difficulties while using this method. For example, 60% of old generation are not aware about the new technology and this may cause so many problems related to their day to day transactions. Hence, it is apparent, why section of people think that it is not realistic.

In the view of arguments outlined above, one can conclude that benefits of cashless society are too great to ignore because the society needs to accept the technological changes.

Votes
Average: 9.7 (4 votes)
Essay Categories

Grammar and spelling errors:
Line 3, column 10, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...rguments and illustrations. There are myriad arguments in favor of my stance. ...
^^

Transition Words or Phrases used:
also, but, hence, however, if, may, so, while, apart from, for example, for instance, in addition, in my opinion

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 8.0 10.5418719212 76% => OK
Auxiliary verbs: 4.0 6.10837438424 65% => OK
Conjunction : 6.0 8.36945812808 72% => OK
Relative clauses : 8.0 5.94088669951 135% => OK
Pronoun: 23.0 20.9802955665 110% => OK
Preposition: 40.0 31.9359605911 125% => OK
Nominalization: 7.0 5.75862068966 122% => OK

Performance on vocabulary words:
No of characters: 1380.0 1207.87684729 114% => OK
No of words: 263.0 242.827586207 108% => OK
Chars per words: 5.24714828897 5.00649968141 105% => OK
Fourth root words length: 4.02706775958 3.92707691288 103% => OK
Word Length SD: 2.9463583672 2.71678728327 108% => OK
Unique words: 160.0 139.433497537 115% => OK
Unique words percentage: 0.608365019011 0.580463131201 105% => OK
syllable_count: 434.7 379.143842365 115% => OK
avg_syllables_per_word: 1.7 1.57093596059 108% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 3.0 4.6157635468 65% => OK
Article: 3.0 1.56157635468 192% => OK
Subordination: 0.0 1.71428571429 0% => More adverbial clause wanted.
Conjunction: 0.0 0.931034482759 0% => OK
Preposition: 5.0 3.65517241379 137% => OK

Performance on sentences:
How many sentences: 12.0 12.6551724138 95% => OK
Sentence length: 21.0 20.5024630542 102% => OK
Sentence length SD: 52.4687737823 50.4703680194 104% => OK
Chars per sentence: 115.0 104.977214359 110% => OK
Words per sentence: 21.9166666667 20.9669160288 105% => OK
Discourse Markers: 9.33333333333 7.25397266985 129% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 1.0 5.33497536946 19% => OK
Sentences with positive sentiment : 6.0 6.9802955665 86% => OK
Sentences with negative sentiment : 4.0 2.75862068966 145% => OK
Sentences with neutral sentiment: 2.0 2.91625615764 69% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.125884221914 0.242375264174 52% => OK
Sentence topic coherence: 0.0427495781595 0.0925447433944 46% => OK
Sentence topic coherence SD: 0.0465361233534 0.071462118173 65% => OK
Paragraph topic coherence: 0.0790364470815 0.151781067708 52% => OK
Paragraph topic coherence SD: 0.0293881492538 0.0609392437508 48% => Paragraphs are similar to each other. Some content may get duplicated or it is not exactly right on the topic.

Essay readability:
automated_readability_index: 14.3 12.6369458128 113% => OK
flesch_reading_ease: 41.7 53.1260098522 78% => OK
smog_index: 8.8 6.54236453202 135% => OK
flesch_kincaid_grade: 12.7 10.9458128079 116% => OK
coleman_liau_index: 13.17 11.5310837438 114% => OK
dale_chall_readability_score: 9.3 8.32886699507 112% => OK
difficult_words: 77.0 55.0591133005 140% => OK
linsear_write_formula: 12.0 9.94827586207 121% => OK
gunning_fog: 10.4 10.3980295567 100% => OK
text_standard: 13.0 10.5123152709 124% => OK
What are above readability scores?

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Rates: 88.8888888889 out of 100
Scores by essay e-grader: 80.0 Out of 90
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.