Elon Musk

Dogecoin

Billy

Dogecoin co-founder Billy Markus mocked President Donald Trump’s proposed $5,000 “dividend” with an even bigger idea. He said the government should buy $1.2 trillion of Dogecoin and distribute it to Americans.
Markus, who posts on X as Shibetoshi Nakamoto, was responding to Trump’s promise to pay every adult U.S. citizen $5,000 if Republicans keep control of the House and Senate in November.
The president has not explained how the payments would be funded or administered. With about 270 million U.S. adults, the plan could cost more than $1 trillion and would likely need congressional approval, <a href="https://www.reuters.com/world/us/trump-touts-5000-payout-if-republicans-win-vance-waits-wings-2026-09-10/" rel="noopener noreferrer nofollow">Reuters reported</a>.
<a href="https://www.thestreet.com/crypto/markets/analyst-says-trumps-5000-plan-could-lift-bitcoin-and-gold" rel="noopener noreferrer nofollow">Related: Analyst says Trump's $5,000 plan could lift Bitcoin and gold</a>
<h2 id="what-markus-said">What Markus said</h2>
Markus called the dividend idea “obviously f***ing stupid and inflationary when we don’t need more inflation” in a <a href="https://x.com/BillyM2k/status/2098584193995591779" rel="noopener noreferrer nofollow">Sept. 12 post on X</a>.
He followed with his Dogecoin pitch and a laughing emoji, making clear that the $1.2 trillion purchase was a joke rather than a policy proposal.
<blockquote>
 “Instead the government should buy 1.2 trillion dollars of dogecoin and give some to every American,” Markus <a href="https://x.com/BillyM2k/status/2098592920815493223" rel="noopener noreferrer nofollow">wrote</a>.
</blockquote>
The scale of the joke is the point. Dogecoin’s market value is about $14.6 billion, according to <a href="https://coinmarketcap.com/currencies/dogecoin/" rel="noopener noreferrer">CoinMarketCap</a>, so Markus’s hypothetical purchase is roughly 82 times larger than the entire asset’s current value.
A purchase that large could not be executed near today’s price. It would run into limited liquidity and push the price higher as buyers competed for available coins.
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<h2 id="why-dogecoin-fits-the-joke">Why Dogecoin fits the joke</h2>
Markus created Dogecoin with Jackson Palmer in 2013 as a parody of the growing cryptocurrency market. It has no maximum supply and adds about 5 billion coins each year.
That fixed annual issuance means Dogecoin’s inflation rate falls over time as its total supply grows. It also makes the coin an obvious vehicle for Markus’s joke about a government payment he considers inflationary.
Dogecoin was trading near $0.085 on Sept. 14.
<a href="https://www.thestreet.com/crypto/markets/millionaire-bets-big-on-bitcoin-ahead-of-sep-15-senate-vote" rel="noopener noreferrer nofollow">Related: Millionaire bets big on Bitcoin ahead of Sep. 15 Senate vote</a>

Dogecoin co-founder mocks Trump's $5,000 dividend plan

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