Post
Topic
Board Altcoin Discussion
Re: Dogecoin will not be used by the Government; Drops in price
by
GigaBit
on 04/04/2025, 06:50:12 UTC
Does Elon not have much influence on the government as much as we think or he just did not push for doge at all?
After the hype in meme coins, it becomes worthless or most of the time there is a big drop in price. That is why the US government will never recognize meme coins as a reserve currency. They will definitely not take such a risk. Again, it is no secret that Elon Musk has a deep relationship with Dogecoin. Maybe this is why he is unable to request his coin to be the reserve currency of the US government. Moreover, the assumption that Dogecoin will be kept as a payment method for X for a long time has not happened. Elon Musk is a big businessman. He understands more than others. Moreover, it is seen in his policy that he is playing an important role in reducing jobs including layoffs for profit, which is not in US history. That is why it is certain that his Dogecoin will not be able to shed any light in the future.

There is no denying that Elon Musk certainly has a lot of influence in the government. But recently, Americans have been complaining about him. Even his behavior is getting angry and he is being ridiculed in the United States. I don't think he will make any good plans with Doge. His only goal is to slightly influence ordinary investors and to be profited from their investment.