DOGE Government Efficiency Department Launched Under Trump Aims to Revolutionize Bureaucracy with Cryptocurrency Inspired Approach
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DOGE Government Efficiency Department Launched Under Trump Aims to Revolutionize Bureaucracy with Cryptocurrency Inspired Approach
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According to Coinbase, DOGE operates as a 0% tax, no-fee token, emphasizing its populist credentials and “for the people” ethos. Its official contract has even been renounced, meaning control is ceded to the public—mirroring DOGE’s stated goal of making government more accountable and less cumbersome. The involvement of high-profile figures like Musk, who called DOGE the "perfect name" for a commission to streamline bureaucracy, catapulted the initiative into the global spotlight.
But the path for DOGE is anything but smooth. As PYMNTS recently reported, while DOGE won a key court battle in Washington, D.C., it remains locked out of the Treasury payment system due to privacy and vetting concerns, with a New York judge requiring further proof of security measures. Controversy has followed inside federal agencies as well. Wikipedia details mass resignations among federal workers and statements from the IRS warning that staff cuts and operational disruptions may reduce federal tax revenue by as much as 10%—or $500 billion—this year.
DOGE's influence is spreading to the states, with similar departments launched in Florida, Oklahoma, and Texas. Internationally, Reform UK has started its own efficiency drive, while European executives and lawmakers discuss a union-wide model.
On the political and economic front, Musk has pivoted away from direct involvement in DOGE, instead founding the America Party, a pro-crypto, pro-efficiency platform. Dogecoin, the meme token, surged on news of these developments, and with renewed institutional interest, there’s ongoing speculation about its future in both finance and government.
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