Dollarization, as a monetary choice and economic phenomenon, is essentially the market's comprehensive assessment of credit, stability, and transaction efficiency. It has practical value in reducing inflation, stabilizing exchange rates, and facilitating cross-border trade, but it also means ceding some monetary policy autonomy, making the financial cycle more susceptible to external influences.

We should view this rationally: neither deify the stability of the dollar nor simply deny its practical role in the global system. The truly prudent choice is to base decisions on one's own economic fundamentals, improve monetary credit, financial regulation, and risk hedging mechanisms, maintain autonomy through openness, and seek development through stability.

Respecting market laws, adhering to risk bottom lines, and balancing openness with security are the long-term sustainable paths for development. $BTC $ETH