Dogecoin Co-Creator Mocks Trump's Stimulus Plan with Satirical Meme Coin Jab
Billy Markus, co-creator of Dogecoin, has poked fun at former President Donald Trump's proposed $5,000 stimulus checks for American adults. In a tongue-in-cheek commentary on social media platform X, Markus suggested that buying $1.2 trillion worth of Dogecoin would be a satirical alternative to the massive federal outlay.
The proposal, which would distribute $5,000 to every adult in the US, carries an estimated price tag of approximately $1.2 trillion with roughly 240 million eligible recipients. Markus argued that injecting such a large sum directly into the economy could exacerbate inflation at a time when households are already struggling with affordability.
Markus's reaction highlights concerns about the economic consequences of Trump's plan, which currently lacks a detailed funding framework and would require congressional authorization before distribution could take place. Critics suggest that the resulting inflationary pressures could erode the purchasing power the checks are intended to provide.