Exponential growth is often driven by technology, using a model known as the 6 D's. These are digitization, deception, demonetization, dematerialization and democratization. Digitization refers to the adaptation of technology to eliminate inefficiencies and scale operations. Deception involves masks being removed from traditional practices that reveal misaligned incentives or hidden costs.Demonetisation involves removing the need for middlemen in industries such as finance or data exchange whilst plastic money like credit cards serves as a way of reducing hard cash usage which is more susceptible to frauds.Dematerialisation occurs when goods become software whereas Democratization enlarges accessibility of resources now accessible over internet with low thresholds for entry without restrictions previously reserved only for elites.The 6 D's are a powerful tool for understanding how technology drives disruption and helps build our world today.#bitcoin #technology
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