Shibetoshi Nakamoto, Dogecoin co-creator, has voiced his strong support for Elon Musk's appointment as head of the US Department of Government Efficiency, which Musk has dubbed 'D.O.G.E.' Nakamoto expressed hope for the initiative's success, warning that failure could spell trouble for the United States.
Dogecoin co-creator has published an ultra-bullish post about Elon Musk ’s new appointment that will impact the US government’s workDisclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies.
This time, Markus tweeted, showing support and encouragement of Musk’s recent appointment as the head of the US Department of Government Efficiency, which the tech mogul and influencer prefers to refer to as D.O.G.E. - an acronym that resembles the name of Dogecoin .Markus stated without beating about the bush and leaving his playful and ironic manner of tweeting aside: “” really hope doge is successful.
On Saturday, the billionaire retweeted a post that stated that the Supreme Court rejected the SEC’s request to sanction Musk for ignoring his court testimony in September. Still, he arrived for a repeated testimony on October 3 and compensated the SEC team’s travel costs, which comprised $2,923. In his Saturday X post, Musk commented on his victory, writing: “SEC. The middle word is definitely ’Elon’s,’ but I can never remember what the other two words stand for.
Billy Markus supported him: “What an annoying organization.” A few XRP and DOGE enthusiasts joined Shibetoshi Nakamoto, congratulating Musk and slamming the SEC. In the meantime, last week, the current SEC chairman Gary Gensler tweeted that he intends to resign from his position in late January 2025.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.
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