Elon Musk Promises Transparency for DOGE Will This Spark a Price Surge

  • Brian Armstrong considers D.O.G.E a lifetime opportunity for the U.S.

  • Donald Trump recently appointed Elon Musk and Vivek Ramaswamy to lead D.O.G.E.

  • D.O.G.E. would be responsible for cutting government spending.

Coinbase CEO Brian Armstrong considers the newly proposed Department of Government Efficiency (D.O.G.E.) a lifetime opportunity to increase economic freedom in the U.S. and cut the size of government back to health. In a recent post on X, Armstrong highlighted the potential benefits of D.O.G.E., noting how it would reverse the adverse effects of incentives that grow the size of democratic governments over time.

. @DOGE is a once in a lifetime opportunity to increase economic freedom in the U.S. and cut the size of government back to health.

The founding fathers were geniuses but (with humility) may have missed the adverse incentives which grow the size of democratic government over…

— Brian Armstrong (@brian_armstrong) November 17, 2024

Armstrong proposed a constitutional amendment to cap government expenses in the referenced post. The Coinbase CEO believes doing so would provide a temporary dial-up burn mechanism while maintaining the right ince…

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