Owner of big firms like Tesla, X and big supporters of Cryptocurrency Elon Musk, now for their Doge Area (Area of Govt POTENCY) Bitcoin They are planning to use Blockchain Generation. Musk, who has already been very active in Crypto, Bitcoin and Blockchain Space, is now going to step in a new direction. Under his leadership, the Area of Govt Potency (DOGE) will work towards changing the functioning of the US government and tracking government expenses through blockchain technology, data safety and improving payment process.
Bitcoin and Doge Elon Musk’s new step over
This move of Musk can not only bring a new twist to the world of cryptocurrency, but it can also improve the functioning of the US government. The last few years have seen an unprecedented increase in the price of Bitcoin (BTC), which can be credited to declare Trump’s election win, Crypto Adoption by Wall Street and “Financial Emergency” by Musk. Now, Musk under Trump Administration Doge The department is considering implementing blockchain technology in government functioning.
According to Bloomberg report, Musk has discussed the use of blockchain technology of bitcoin and other cryptocurrency to improve the functioning of the government. This technology can help track the government’s expenses, data security, payment process and office management. However, it is not clear whether MUSK will use existing blockchain or create a new and especially developed blockchain.
Crypto Vision of Musk and Trump
After acquiring Twitter, MUSK gave it a new look in the name of X and also considered adding blockchain technology on the platform, but later left the plan. Doge The name of the department is inspired by Shiba Inu Dog Mim, which is associated with Dogecoin Cryptocurrency and Musk made it “favorite” Cryptocurrency Nominated as. The value of Dogecoin has also increased considerably after Musk’s involvement in Trump administration.
Meanwhile, Trump has also formed a cryptocurrency task force, giving priority to his crypto policy reform. The purpose of this group is to propose new rules and consider creating a National Crypto Stockpile. David Sachs, head of this group, has seen Trump’s move as an attempt to make America the “capital of Crypto”.
Conclusion
Elon Musk’s Doge The move to adopt Bitcoin’s blockchain technology for the department can prove to be an important step for the future of crypto and blockchain technology. The joint effort of Musk and Trump can establish new standards in the world of cryptocurrency along with enabling the US government technically. This change will not only promote cryptocurrency like Dogecoin and Bitcoin, but will also be modern and safe in the functioning of US administration.
