kaal:claim:3808852-021
The digitization of content is the most lasting contribution to market decentralization, because the physical location of assets matters less as content is digitized and virtual products emerge, so markets are becoming increasingly decentralized.
Source quote, verbatim
The physical location of assets becomes less important when more content is digitized and online and virtual products emerge. As a result, markets are becoming increasingly decentralized.
From
Wulf A. Kaal, Decentralization and Feedback Effects (2021), IV. Market Decentralization, p. 14
https://ssrn.com/abstract=3808852 · source PDF
Cite as
Wulf A. Kaal, Decentralization and Feedback Effects (2021). SSRN: https://ssrn.com/abstract=3808852
Classification
mechanismsupport: argueddecentralizationeconomics
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