Will Elon Musk’s DOGE Pick Cardano? What We Know
The post Will Elon Musk’s DOGE Pick Cardano? What We Know appeared on BitcoinEthereumNews.com.
Cardano is at the center of fresh speculation after reports emerged that Elon Musk—now heading the newly formed Department of Government Efficiency (DOGE)—is exploring blockchain technology to streamline federal operations. According to sources cited by Bloomberg, Musk has suggested that a digital ledger could offer a cost-efficient mechanism for tracking federal spending, securing sensitive data, processing payments, and managing government buildings. According to sources cited by Bloomberg, representatives of Dogecoin (DOGE) have informally reached out to leaders of several public blockchains, including discussions with Cardano developers. The speculation has grown louder following remarks from high-profile personalities within the crypto community. On Wednesday, popular YouTuber and crypto commentator Lark Davis touched off a new wave of chatter, saying: “Elon Musk and Charles Hoskinson reportedly, you know, rumor is that they’re going to talk and that the USTreasury is going to go on Cardano. If it is true, it’s absolutely massive.” Hints From The Cardano Founder The founder of Cardano, Charles Hoskinson, has offered cryptic clues on social media over the past few days, seemingly suggesting a significant meeting is on the horizon. On Tuesday, he posted on X: “VIP dinner got moved from the 22nd to the 1st. So the super important meeting is early March now.” When a user inquired about the dinner menu, Hoskinson simply replied: “diet coke will certainly be on it”Some observers quickly seized on the Diet Coke reference. It conjures images of President Donald Trump’s well-known affinity for the beverage—he had a dedicated “Diet Coke button” installed on the Resolute Desk during his first term, and upon returning to the White House in 2025, he had it reinstated. Elon Musk, for his part, has his own history of playful Diet Coke commentary. In January, he humorously posted on X: “I used to drink tons of Diet…
Filed under: News - @ February 13, 2025 6:26 pm