What will you spend your DOGE 5000 stimulus check on? Many believe that U.S. liberals will not accept the check based on their views about Elon Musk.
During the chaotic first month of Donald Trump’s second term, some figures like Anthony Scaramucci, the former White House Communications Director, speculate that Bitcoin may reach $200,000 by the year’s end. Historically, Scaramucci has a poor track record with predictions, but with the proposed $5,000 DOGE stimulus checks, this projection could unexpectedly hold true.
Stimulus Checks: Is the DOGE 5000 Check a Reality?
The DOGE 5000 check could significantly influence the crypto market, potentially mimicking the bullish scenario witnessed in 2021. The money from these checks is intended to help households amid budget cuts proposed by Musk.
Many in Congress are questioning the viability of the proposed doge dividend, with divided opinions among Republicans. Some dismiss the plan as reckless, while others suggest that funds should be directed toward balancing the federal budget.
Key Takeaways
- Anthony Scaramucci predicts Bitcoin could reach $200,000.
- Musk’s proposed DOGE dividends may refund taxpayers amid reduced federal spending.
- Congressional approval is necessary for the checks, making the success of the plan uncertain.
