Dollarization is when you use the USD instead of your domestic currency?
I'm just wondering when an economy expands, companies need credit to produce more cars. That also means people get wages and more buyers enter the market. This causes inflation
How would it be different in #bitcoin?
I sent my explanation to you in a private letter, so you can have a look.
As you said, if it is simply dollarization, the premise is that the US dollar is used all over the world. As early as 2010, there were signs that the meaningful currency Bitcoin was born. Its significance is to become a global mobile payment currency. In this way, all countries will use Bitcoin as a unit, so there will be no inflation. The biggest reason now is that the same car may sell for 10k in the United States but may need 20k in Canada. This is the so-called inflation phenomenon, so please give it to him.
I don't know if this is correct, but I think so.
