Elon Musk Says US Government Won’t Use Dogecoin, Price Dips 5%

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Elon Musk has cleared the air about rumors surrounding Dogecoin’s potential inclusion in the U.S. Department of Government Efficiency (DOGE). During a speech at the America Pack Town Hall in Green Bay, Wisconsin, he said, “There are no plans for the government to use dogecoin or anything.” 

Musk explained that he originally considered naming the agency the Government Efficiency Commission, but found it too dull.  “I was going to call it Government Efficiency Commission, but that’s a super boring name. Then the internet said it needs to be the Department of Government Efficiency. I was like Internet is right,” he added.