How Musk and Trump Public Trust, USD, and Cryptocurrencies

The DOGE Hill keeps getting bigger, and smaller, depending on how you look at it. Elon Musk has reportedly been given an email address for the Executive Office of the President. More than that, though, is the previously unattainable .gov domain is now official: DOGE.gov is “real” now. As stupid as this all is, it’s no longer just an outside pseudo-agency. This recent change has not even been announced yet.

I discovered it after I, as Budget Wolf, emailed Elon@DOGE.gov to prove it wasn’t a real agency. True to his narcissistic tendencies, Elon has backed himself into a corner, and as a result, he has gone beyond acting as just an advisor to the President. In fact, he’s now in government.

Elon Musk has a knack for turning the absurd into the influential, and his latest move is no exception: DOGE, the lighthearted cryptocurrency, has officially been granted a .gov domain. The U.S. government now ties this once-community-driven digital currency to its systems, betraying its decentralized roots. But this isn’t just another Musk flex. It’s a dangerous power grab. It exposes him to legal scrutiny he has long avoided. It also risks the integrity of U.S. institutions and the cryptocurrency industry.

Musk, now entangled with an official government department, must face new realities. He cannot profit directly from DOGE while overseeing a department bearing its name. Nor can he use DOGE as a vehicle to funnel public resources to SpaceX, Tesla, or his friends and investments. This transition demands transparency and accountability on a scale Musk has avoided, and we must ensure this spotlight burns bright.

DOGE Goes Government: Why This Is Bigger Than a Meme

Once a joke, DOGE’s transition to a government entity is a seismic shift for crypto. By acquiring a .gov domain, DOGE has shed its playful, decentralized image and embraced centralized control. For Musk, this move serves as a demonstration of his power, but it comes with strings attached.

If Musk profits directly from DOGE’s government-backed status, he is violating fundamental principles of ethics and governance. This isn’t just about steering clear of personal enrichment; It ensures Musk doesn’t use DOGE to advance his other ventures or disenfranchise competitors.

The risks go beyond Musk. By institutionalizing DOGE, the U.S. government opens the door for unprecedented manipulation of public resources. This demands immediate oversight from Congress, the SEC, and the FTC—not tomorrow, but today.

Musk Must Dievest—Period

For Musk to oversee DOGE as a government entity while retaining financial stakes in the currency is a glaring conflict of interest. Divestment is non-negotiable.

• No Direct Profits: Musk cannot profit from DOGE as a cryptocurrency while managing a department named for it. This ensures he doesn’t enrich himself that directly.
• No Backdoor Deals: Musk must also be barred from using DOGE as a funnel for public funds into his companies. Contracts tied to DOGE cannot be steered toward SpaceX, Tesla, or other Musk-owned ventures.
• No Favoritism: Musk cannot use DOGE’s resources to benefit his friends, allies, or other investments. A government entity must serve the public, not a billionaire’s inner circle.

These safeguards are not optional—they are essential to prevent Musk from weaponizing DOGE as a tool for personal gain at the expense of competitors, taxpayers, and the very ethos of crypto.

Every DOGE Will Have Its Day

While Musk’s actions demand immediate attention, they’re only part of the story. The more complicated battle lies in preventing this department from becoming a tool of influence for broader agendas, including Trump’s cryptic ambitions. The emergence of $TRUMP coin and the President’s other cryptocurrency-related ventures is a topic for another day, but the parallels are clear: This is about consolidating power and reshaping financial systems to serve the interests of a select few.

For now, readers should rest assured that every DOGE will have its day. Musk’s arrogance has brought DOGE to the center of public scrutiny, and this spotlight ensures he can’t exploit this department unchecked. But vigilance is key. Without sustained pressure from Congress, regulators, and the public, Musk and Trump’s ambitions could quickly snowball into a full-scale erosion of institutional trust.

Force Accountability Now

The transformation of DOGE into a government entity isn’t just a joke—it’s a symbol of unchecked power. Musk and Trump have used this moment to demonstrate their influence, but it’s on all of us to ensure they face the consequences of their overreach.

Here’s what needs to happen:

1. Musk Must Dievest: Musk has to sever all financial ties to DOGE, and potentially other businesses to ensure he does not unjustly enrich himself any further.
2. Regulators Must Investigate: The SEC, FTC, and their counterparts in state agencies need to enforce oversight, ensuring DOGE’s operations are transparent and fair.
3. No Backroom Deals: Musk must allocate DOGE’s resources fairly and stop using them to enrich his companies or allies.
4. The Public Must Stay Engaged: Keep the pressure on Congress and demand transparency from the Biden administration, Musk, and Trump alike.

Let the public say enough is enough. While a joke may have launched DOGE, but it’s no laughing matter now. We must hold Musk’s arrogance accountable and closely watch Trump’s ambitions. By staying diligent, we can stop the DOGE Hill from becoming a mountain too steep to climb.