In a controversial move, billionaire Elon Musk announced that the "D.O.G.E." project he leads in collaboration with entrepreneur Vivek Ramaswamy will stop working in July 2026, coinciding with the 250th anniversary of the independence of the United States of America 🇺🇸. Musk's decision came in a tweet in which he referred to the importance of setting end dates for government projects. But this announcement raised many questions and discussions within the cryptocurrency community 💻.
Criticisms continue: Why do some people think the timetable is not enough?
The digital community, especially Dogecoin enthusiasts 🐕, considered that only two years is not enough to achieve the ambitious goals of D.O.G.E. related to improving the efficiency of government spending and reducing the national debt 🇺🇸💰. Prominent figures such as Sean Ono Lennon and Gabor Gurbacs expressed their concerns about the short time allotted to implement the essential reforms, with Lennon urging Musk to consider extending the timeline, while Gurbacs suggested creating a permanent oversight role to ensure continuity in the reforms 🔧.
D.O.G.E.'s Relationship to Cryptocurrencies: Is There a Link to Dogecoin?
The discussion has not been limited to politics and economics, but has also extended to the cryptocurrency space. Dogecoin enthusiasts have drawn a connection between the project and the success of the popular cryptocurrency. In a sarcastic post, the account @dogeofficialceo shared a meme that imagines Dogecoin as a global reserve currency by 2026 🌍💸. Bill Markus, one of the founders of Dogecoin, also suggested that the timeline could be “devastating” for the project, referring to it via a humorous meme 😂.
Can the goals be achieved in this period?
This initiative comes amidst growing economic crises, with the US national debt reaching unprecedented levels in recent years 📉. Therefore, the D.O.G.E. project was launched with the aim of introducing efficiency in government spending and reducing these economic challenges 🏛️💡. However, there are increasing calls to extend the timeline so that the reforms are more sustainable and effective.
Calls to extend the timetable are accelerating.
Among the prominent figures who joined the calls for an extension were Robert Kiyosaki and Michael Saylor, who expressed concern that the two years scheduled are not enough to implement the radical changes required 🔄. However, Elon Musk remains committed to the expiration date, which further complicates the situation. As the debate continues to rage, the future of D.O.G.E. remains in question, amid these increasing pressures 📅🔮.
Until the fate of the project becomes clear, the opinions of cryptocurrency influencers will continue to debate this issue fiercely, while some expect the future to witness radical changes in the world of money and cryptocurrencies 🧐📈.
