Elon Musk stated that there are no plans for the government to use Dogecoin. He addressed speculation surrounding the naming similarity with the Department of Government Efficiency, which aims for a 15% increase in operational efficiency.
Initially, Musk considered naming the initiative the ‘Government Efficiency Commission’ but changed it based on public feedback. His clarification highlights that the project is not related to crypto adoption, rather focused on enhancing government efficiency.
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