5. Match the underlined words with the correct meanings below.
a) VHS tapes have been relics for almost 20 years as we moved to DVDs at the
beginning of this century.
b) Carrying huge amounts of cash is pretty cumbersome and almost nobody
does it any longer as a credit card is just much more convenient.
c) The only downside of working here is that it is so far from my home.
d) Nowadays, personal information is very often harvested from social networks.
e) When someone posts your photo without asking your permission, it is a
breach of your personal rights.
f) Fewer and fewer people used savings accounts, so the bank decided to phase
out this service at the end of this year.
g) Some older people are more vulnerable to cyber-attacks, because they don’t
know how the Internet works exactly.
MEANINGS
1) a disadvantage or problem
2) able to be easily hurt, influenced, or attacked
3) an object from the past that has no modern use
4) a failure to follow a law or rule
5) to remove or stop using something gradually
6) to collect large quantities of information
7) not simple, fast, or effective enough and difficult or annoying to use
6. Watch the video [https://youtu.be/-0ph-pvCSPc] and answer the following
questions.
a) Why is cash problematic for both banks and consumers?
……………………………………………………………………………………….
……………………………………………………………………………………….
b) What are the downsides of cashless payments?
….…………………………………………………………………………………….
………………………………………………………………………………………..
c) What does 80% refer to in the video?
….…………………………………………………………………………………….
………………………………………………………………………………………..
d) What are the potential problems caused by going cashless?
…….…………………………………………………………………………………..
…………………………………………………………………………………………
e) What do central banks do to control money?
….……………………………………………………………………………………..
…………………………………………………………………………………………
7. Discuss the questions.
• Do you think that cash is cumbersome? Why/Why not?
• Do you prefer cash or digital payments? Why?
• Would you miss cash once it’s gone?
• Do you think a cashless society is safer? What are its downsides?
• To what extent has your country already gone cashless?
• Is it inevitable that cash will phase out?
• How can we make sure that there are no people left behind when we go
completely cashless?
