Coinbase CEO Lauds US Department of Government Efficiency (DOGE)

Coinbase 執行長讚揚美國政府效率部 (DOGE)

Coinbase CEO Brian Armstrong has strongly endorsed the US Department of Government Efficiency (DOGE), a novel federal agency tasked with reducing wasteful spending and bureaucracy. The agency's establishment was announced by President-elect Donald Trump on November 13th and will be led by Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy.

Coinbase 執行長 Brian Armstrong 強烈支持美國政府效率部 (DOGE)，這是一個新穎的聯邦機構，其任務是減少浪費性支出和官僚作風。該機構由當選總統唐納德·川普於 11 月 13 日宣布成立，並將由特斯拉執行長馬斯克和企業家維韋克·拉馬斯瓦米領導。

A Bold New Initiative

大膽的新舉措

DOGE embodies Trump's broader vision for streamlining federal operations and promoting government efficiency. The president-elect had previously hinted at appointing Musk to an advisory role within his administration in August, suggesting his potential involvement as early as January 2025.

DOGE 體現了川普簡化聯邦運作和提高政府效率的更廣泛願景。這位當選總統此前曾在 8 月暗示任命馬斯克在其政府中擔任顧問，暗示他最早可能在 2025 年 1 月參與其中。

Trump's recent confirmation of Musk and Ramaswamy's leadership cements their role in driving this ambitious reform agenda. The agency's mandate encompasses cutting regulations, restructuring federal agencies, and eliminating bureaucratic waste. Armstrong views these goals as a significant step towards enhancing the nation's economic freedom.

川普最近確認了馬斯克和拉馬斯瓦米的領導地位，鞏固了他們在推動這項雄心勃勃的改革議程中的作用。該機構的職責包括削減法規、重組聯邦機構和消除官僚浪費。阿姆斯壯認為這些目標是增強國家經濟自由的重要一步。

Armstrong's Vision for Economic Reform

阿姆斯壯的經濟改革願景

Armstrong expressed his enthusiasm for DOGE in a post on X (formerly Twitter) on November 17th. He hailed the agency as an opportunity to "increase economic freedom" and advocated for broader constitutional reforms to curb government spending.

阿姆斯壯於 11 月 17 日在 X（以前的 Twitter）上發文表達了他對 DOGE 的熱情。他稱讚該機構是「增加經濟自由」的機會，並主張進行更廣泛的憲法改革以遏制政府支出。

"The founding fathers were geniuses, but (with humility) may have missed the adverse incentives which grow the size of democratic government over time—winning elections by promising more free stuff," wrote Armstrong.

阿姆斯壯寫道：“開國元勳都是天才，但（謙虛地）可能錯過了隨著時間的推移擴大民主政府規模的不利激勵——通過承諾更多免費的東西來贏得選舉。”

The Coinbase CEO proposed a constitutional amendment to cap government expenditure at 10% of gross domestic product (GDP). Without appropriate spending controls, he argued, government growth could spiral "totally out of control" over time.

Coinbase 執行長提出了一項憲法修正案，將政府支出限制在國內生產毛額 (GDP) 的 10% 以內。他認為，如果沒有適當的支出控制，隨著時間的推移，政府成長可能會「完全失控」。

Armstrong further suggested the creation of a US sovereign wealth fund, with all citizens holding shares. Surplus budgets would generate dividends for Americans, aligning their interests with responsible financial management. "Every citizen then has skin in the game," noted Armstrong, adding that Congress could receive a larger share to incentivize good governance.

阿姆斯壯進一步建議建立一個美國主權財富基金，所有公民都持有股份。盈餘預算將為美國人帶來紅利，使他們的利益與負責任的財務管理保持一致。阿姆斯壯指出：「每個公民都可以參與其中。」他補充說，國會可以獲得更大的份額，以激勵良好的治理。

DOGE and Dogecoin: A Coincidental Connection

DOGE 和狗狗幣：巧合

Although the agency's acronym coincides with Dogecoin (DOGE), the popular memecoin born out of an internet joke, it has no official ties to the newly established government initiative. Dogecoin, initially created in 2013 as a lighthearted alternative to Bitcoin, has amassed a dedicated following and significant market value, influenced by public figures like Elon Musk.

儘管該機構的首字母縮寫與狗狗幣（DOGE）（源自網路笑話的熱門迷因幣）重合，但它與新成立的政府倡議沒有正式聯繫。狗狗幣最初創建於 2013 年，作為比特幣的輕鬆替代品，在 Elon Musk 等公眾人物的影響下，已經積累了忠實的追隨者和巨大的市場價值。

Musk's history with Dogecoin is well-documented. The Tesla CEO has frequently mentioned the cryptocurrency on social media and in interviews, contributing to its volatile price movements. When news broke of his leadership role in the Department of Government Efficiency (DOGE), many in the crypto community saw the acronym as a humorous nod to the digital asset, despite the absence of any formal connection.

馬斯克與狗狗幣的歷史是有據可查的。這位特斯拉執行長經常在社群媒體和採訪中提到加密貨幣，導致其價格波動。當他在政府效率部（DOGE）擔任領導職務的消息傳出時，加密社群的許多人認為這個縮寫是對數位資產的幽默認可，儘管沒有任何正式聯繫。

The announcement had an immediate impact on Dogecoin's market performance. Following Musk's mention of the department, the cryptocurrency surged to a yearly high of $0.39, fueled by speculative trading and retail investor interest. This rally marked one of Dogecoin's most notable price spikes in 2024, underscoring Musk's continued influence over its market dynamics.

該公告對狗狗幣的市場表現產生了直接影響。在馬斯克提到該部門後，在投機交易和散戶投資者興趣的推動下，加密貨幣飆升至 0.39 美元的年度高點。這次上漲標誌著狗狗幣 2024 年最顯著的價格飆升之一，凸顯了馬斯克對其市場動態的持續影響力。

However, the surge proved short-lived. After reaching its peak, Dogecoin experienced a mild correction as traders took profits and market excitement waned. Despite this setback, the event highlighted the enduring link between Musk's public statements and Dogecoin's performance, even in contexts with no direct crypto relevance.

然而，這種激增被證明是短暫的。在達到頂峰後，隨著交易者獲利了結和市場興奮感減弱，狗狗幣經歷了溫和的調整。儘管遭遇了這一挫折，但該事件凸顯了馬斯克的公開聲明與狗狗幣表現之間的持久聯繫，即使在沒有直接加密相關性的情況下也是如此。

This unintentional overlap between DOGE and Dogecoin continues to fascinate both crypto enthusiasts and casual observers, further solidifying the memecoin's unique position in the world of digital assets.

DOGE 和狗狗幣之間這種無意的重疊繼續讓加密貨幣愛好者和普通觀察者著迷，進一步鞏固了 memecoin 在數位資產世界中的獨特地位。

A Potential Turning Point

潛在的轉折點

The launch of DOGE represents a major step towards streamlining government operations and fostering innovation. With influential figures like Musk and Ramaswamy at the helm and public support from industry leaders like Armstrong, the agency has the potential to pave the way for a new era of economic and governmental efficiency. While it remains to be seen whether these changes will fully realize their ambitious goals, the initiative has already garnered significant attention across the tech, business, and political realms.

DOGE 的推出代表著簡化政府運作和促進創新的重要一步。在馬斯克和拉馬斯瓦米等有影響力的人物的掌舵下，以及阿姆斯壯等行業領袖的公眾支持下，該機構有潛力為經濟和政府效率的新時代鋪平道路。雖然這些變化是否能完全實現其雄心勃勃的目標還有待觀察，但該舉措已經引起了科技、商業和政治領域的廣泛關注。