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Showing posts from October, 2024
On Our "Virtual Route 66" (Special Edition): As Elections Looms in the United States
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Elon Musk's D.O.G.E plan boosts Dogecoin (Courtesy Crypto Brief) Elon Musk unveiled more details about his proposed “Department of Government Efficiency” (D.O.G.E) while stumping for Donald Trump’s presidential campaign. The announcement didn’t just make political waves—it sent Dogecoin soaring by 7%. At Thursday’s town hall, Musk pitched the D.O.G.E concept as a way to streamline government spending, suggesting the department could operate with the efficiency of a corporation—complete with incentives for high performers and penalties for poor results. The notion of government efficiency linked with a crypto—even as a joke—raises broader questions about how tech could transform government functions. Blockchain has long been touted for its potential to make systems more transparent and less prone to corruption. Could something like D.O.G.E, or a more serious iteration, be the future of government operations? Musk hinted at the possibility of running this pr