Introduction In the contemporary world of globalization and digitalization, people tend to use electronic money rather than paper ones. However, there is no one opinion about whether society is prepared for a complete switch to intangible payment systems or the standard method of exchange should be kept. This essay will examine numerous reasons supporting the claim that people still need paper money in detail, contrasting it to a few pieces of evidence proving the opposite. The refutation of arguments for the complete switch to digital payment systems and the conclusion will be provided. The Explanation of the Need for Keeping Paper Money Human Rights and Tradition It is possible to begin the discussion of the need for keeping paper currency from referring to the rights of any people. Forcing consumers to switch their preferences from cash to digital money is inappropriate and discriminatory (Kim, 2019; Rogoff, 2014). Some customers do not want anyone to have access to the list of their purchases or like to pay in cash. Moreover, there are young people who do not have established credit cards yet and, therefore, are deprived of a right to buy anything on a legal basis (Kim, 2019, p. 9). Even the term “unbanked” exists and refers to people who do not have bank or credit union access for any reason, and therefore, will not have an opportunity to pay without paper money. Therefore, it is vital not to exclude those who do not pay in cash. Another significant human right is privacy, which is frequently expressed through non-digital currency use. If someone wants to stay anonymous, they, for instance, donate money to charity in cash. It is not possible to keep spending conferential with electronic money, as they must be held by a third-party custodian (Rahn, 2014, para. 7). The other point for keeping paper money is a human right to stick to traditions. Some individuals prefer to conduct small payments using paper money, which also eliminates bookkeeping and tracking. If the mentioned-above issues are not respected, basic human rights are violated, which should be considered before switching to digital currency. Assistance in Crimes Prevention IIt is understandable that governments like electronic money, as they are easily monitored and “safe” while paper ones can be stolen. However, this perspective has an opposite perspective, which reveals non-digital currency as more useful with respect to the prevention of crimes. With the spread of electronic payments, people started to carry with themselves less paper money, which has always been a reason for thieves to commit a robbery. However, credit cards usually have more money on them than people tend to carry, which results in more significant losses if someone’s car is stolen. According to Mercadante (2020), “In certain financial transactions, perhaps even with certain businesses, the best protection against identity theft is the pay by cash” (Cash is the best remedy for identity theft section). In addition, using cash does not require giving aby personal information that might be used to someone taking false credit on use of digital currency’s name. Therefore, paper money is safer and more likely to prevent crimes than elect