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I grew up in Hastings, a small coastal town in East Sussex, famous for 1066 years of history and sea...
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I grew up in Hastings, a small coastal town in East Sussex, famous for 1066 years of history and seaside charm. I have a memory as a boy, saving my pocket money by placing it in a special drawer, the golden pound coins collecting into a neat pile. When I was 14 in 2007, I saved up money for a gap year, by working at a bingo hall, and I put the money into a savings account. I remember getting £70 ($91) interest rates one year, which made me feel very rich indeed.
Skip forward to 2018 and I was living and working in Beijing, China, as a journalist. All around me Beijing residents were paying for everything using just their smart phones. They would walk up to a counter of a restaurant, shop, or convenience store, and offer up a QR code(二维码)for the cashier to scan. Once scanned, the online system would immediately deduct(扣除) the exact amount owed from the payer’s e-wallet. No reaching for cash and waiting for change. The transaction would take seconds.
But I was a stubborn holdout. My friends, both Western and Chinese, would make fun of me for being so traditional – for sticking to ―dirty cash. But there were a couple of reasons why I kept using physical money and avoided getting into e-payments and e-wallets. Firstly, it felt safer. I wasn’t really aware of how electronic money would work on my smart phone and I feared it would somehow get easily taken away. Secondly, I feared that by moving to e-payments, I would end up spending more. I would lose all sense of how much, day by day, I would be spending.
Were these fears justified? As more and more people across the world escape cash, these are essential issues for me to consider.
1.Which of the following made the writer feel very rich?
A.Saving £70 ($91) by placing it in a special drawer.
B.Collecting £70 ($91) coins into a neat pile.
C.Putting £70 ($91) into a savings account in bank.
D.Getting £70 ($91) interest rates from a bank.
2.Which’s not the advantage of e-payments?
A.No reaching for cash. B.No waiting for change.
C.Taking only few seconds. D.Spending more money.
3.Why didn’t the writer like to accept the e- payments at first?
A.Because he was too traditional to save money.
B.Because he liked the sense of paying in cash.
C.Because he thought e-payments would deduct more.
D.Because he knew how e-payments work on smartphones.
4.What can we infer about the writer from the last paragraph?
A.He accepted the idea that money is abstract.
B.He eventually turned to using e-payments.
C.He thought the pain of e-payment is delayed.
D.He insisted that having physical cash is safer.
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