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Cryptocurrency Q&A What are the disadvantages of dollarization?

What are the disadvantages of dollarization?

EthereumEliteGuard EthereumEliteGuard Tue Nov 19 2024 | 6 answers 1244
I'm exploring the negative impacts of dollarization, specifically looking to understand the potential downsides and risks associated with a country adopting the US dollar as its official currency, replacing its local currency. What are the disadvantages of dollarization?
dollarization disadvantages economic impact

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