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Think Lightning Labs' coming TARO protocol, where basically you're inscribing sats with metadata to represent dollars, and sending them to the LN. I don't know of a word for the process. Dollarization is a general term. Satoshification is good.

Its gonna be really funny when a sat is worth more than a dollar.

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Then you can just inscribe the sat to represent $100, $10,000, etc.

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