Core Viewpoint - The increasing prevalence of mobile payments in China suggests a potential decline in cash usage, with experts predicting that cash payments may disappear entirely in the next decade. However, industry insiders argue that cash will continue to coexist with mobile payments due to various practical reasons. Group 1: Reasons for Maintaining Cash Payments - Cash payments are more stable compared to mobile payments, which can be hindered by weak network signals, dead batteries, or system failures [3][5]. - Using cash can help individuals better control their spending, as seeing physical money decrease can prompt more mindful financial behavior [7]. - Cash payments enhance privacy, as they do not leave a digital footprint that can be tracked by payment platforms, thus avoiding targeted advertising [9]. Group 2: Emergency Situations and Special Scenarios - In emergencies, such as natural disasters or medical emergencies, having cash on hand can be crucial when electronic payment systems are down [11]. - Certain social customs and rural markets still require cash, such as giving cash gifts at weddings or during holidays, and purchasing goods from local vendors who may not accept digital payments [14].