DOGE Ends, Bitcoin Begins? Musk and Saylor’s July 4 Posts Fuel Speculation
The Department of Government Efficiency (DOGE) formally ended on July 4, the sundown date written into President Donald Trump’s January 2025 government order. Posts from Elon Musk and Michael Saylor shortly fueled hypothesis that Bitcoin (BTC) inherits the reform story.
Musk, DOGE’s former co-leader, marked Independence Day with a patriotic video montage as a substitute of a farewell to this system. Meanwhile, MicroStrategy’s government chairman answered him with one loaded line.
DOGE Ends With No Report and No Farewell
Trump’s January 2025 government order created DOGE as a short lived group. It set termination for July 4, 2026, (*4*).
The program barely made it that far. DOGE had already collapsed as a centralized body final November, months forward of schedule. Its public financial savings tracker went silent after January 1.
The fee claimed $215 billion in financial savings, about $1,335 per taxpayer by its personal math. That equals roughly 3% of 1 12 months’s $7 trillion federal finances, and a fraction of the $2 trillion Musk pitched in October 2024.
Office of Management and Budget Director Russ Vought advised lawmakers this week that no closing report is deliberate, Politico reported.
Musk, who left Washington in May 2025 after 130 days as a particular authorities worker, at all times framed the ending as intentional.
Follow us on X to get the most recent information because it occurs
The effectivity idea has in the meantime traveled past Washington. New York City Mayor Zohran Mamdani lately launched a municipal efficiency version of the playbook.
Michael Saylor Answers Musk With a Bitcoin Pitch
Marc Andreessen opened July 4 with a five-minute montage of American historical past and the caption “God bless America.” Musk shared the identical video hours later.
Saylor then replied to Musk straight, swapping a letter for the Bitcoin image.
Saylor has run this play earlier than. In December 2020, he publicly urged Musk to shift Tesla’s steadiness sheet into Bitcoin. Tesla purchased $1.5 billion value two months later, then suspended BTC funds in May 2021 over power issues.
That historical past formed the response. Traders learn the trade as a handoff from authorities reform to sound cash, and some replies urged Tesla to renew Bitcoin funds. BTC trades near $62,584, up about 1% in 24 hours.
The timing carries irony for Saylor. Strategy faces questions over a reported 491 BTC sale and a dividend coverage JPMorgan referred to as dangerous. Meanwhile, Saylor pits MSTR against the Magnificent 7.
Neither Musk nor Saylor talked about DOGE by identify. The debate now activates whether or not innovation and Bitcoin really change the reform push, or whether or not the ₿etter reply stays a vacation flourish.
The put up DOGE Ends, Bitcoin Begins? Musk and Saylor’s July 4 Posts Fuel Speculation appeared first on BeInCrypto.
