Post
Topic
Board Altcoin Discussion
Re: Dogecoin will not be used by the Government; Drops in price
by
justdimin
on 04/04/2025, 09:11:46 UTC
I think it is only right for some memecoins to not be part of the plans of the government. Not all cryptocurrencies can and should be part of the strategic reserve. This will undermine the novelty of bitcoin being part of strategic reserve and as a currency. But I also am confused since XRP and Solana were mentioned by Trump to be added to the strategic reserve. It made me question why not doge since Elon Musk is such a known close associate of Trump.
Just for the reason of 'showcasing as clean' and for proving not be highly associated with Elon Musk, I guess dogecoin was left from the list of strategic reserve. What an unexpected situation for dogecoin and its investors. It is pure politics or pure corporate stunts. Elon is a pure corporate who just want to make money and dogecoin is not the only way for him. I mean to say, Elon Musk might have adapted other coins as well and for making money, he does not need dogecoin to be the part of strategic reserve. Elon will make money either way but the investors who decide to choose dogecoin just because of Elon are real victim here, in my opinion.