Demonetization
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Demonetization
Government withdrawal of a form of currency from circulation e.g. a particular note, coinage, or precious metal.
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As such, YouTube has certain guidelines for what constitutes appropriate content and can strip advertising from (demonetize) any video whose content violates those guidelines or is otherwise deemed "advertiser-unfriendly." This move has to be bad--it has demon right in the name.
As the central bank prepares to demonetize the old-designed banknotes and increase local production of "piso" bills, it is also readying to bid out its third superline banknotes printer this month, according to sources.
But even with the issuance of new generation coins, the BSP would not yet demonetize the existing ones, Guinigundo said.
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