Demonetizing

Demonetizing refers to the act of removing a currency's status as legal tender or the removal of the ability to generate revenue, typically from digital content, platforms, or services. This can involve governments invalidating existing banknotes or coins, rendering them unusable for transactions. In the digital sphere, demonetization involves removing the potential for income generation, for instance, by disabling advertising revenue on a YouTube channel due to policy violations or other infractions. It significantly affects the economic viability of content creators and businesses reliant on such income streams.

Demonetizing meaning with examples

• YouTube demonetized the creator's channel after repeated violations of its community guidelines, severely impacting their income. This caused them to have to find other ways to make money since they could no longer generate revenue using their YouTube channel.
• The government's decision to demonetize specific banknotes caused widespread chaos as people scrambled to exchange their old currency. This resulted in a lot of inconvenience for many people, including loss of earnings.
• Due to poor engagement and questionable content, the platform decided to demonetize the streamer's account, effectively ending their ability to earn from their broadcasts. This had a strong affect on the streamer, financially.
• Many news outlets are facing demonetization threats if they do not change their editorial content to be more politically correct. These outlets are having to balance journalistic integrity with the potential for being shut down.
• A blogger discovered their website had been demonetized due to copyright infringement issues, forcing them to remove copyrighted material or risk being blocked. They had to redo their whole website to make sure the correct copyrights were used.