Demonetization (or Dematerialization) - Deepstash
Demonetization (or Dematerialization)

Demonetization (or Dematerialization)

The term coined by futurist Peter Diamandis is a process by which technology is rendering previously expensive products or services much cheaper — or even free.

It's mainly happening because we are moving hardware products to software. For example, the phone today has about $1M of applications from a decade ago.

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