“Groundbreaking Bill Proposes Cryptocurrency Law Overhaul”
A new bill, known as the “DOGE dividend,” is making waves in the cryptocurrency world as it aims to distribute 20% of government savings back to taxpayers. With endorsements from President Trump and Elon Musk, sources have revealed to The Post that this proposal could soon become law. The mastermind behind this concept is 28-year-old hedge fund manager James Fishback, who recently met with Elon Musk and has been in discussions with lawmakers to push his idea forward.
According to Fishback, the “DOGE dividend” has garnered support from both President Trump and Elon Musk due to its goal of encouraging citizens to report waste, fraud, and abuse. Under the proposed plan, households that contribute more in taxes than they receive in benefits would be entitled to 20% of all DOGE savings. Another 20% would be allocated towards reducing the national debt, while the remaining 60% would likely be earmarked for annual budget allocations.
Fishback estimates that approximately 79 million households could receive a $5,000 check each if Musk successfully implements his projected $2 trillion federal budget reduction. The idea gained momentum after Fishback shared it on social media, prompting Elon Musk to publicly endorse it. Despite concerns about potential inflation, Fishback believes that his targeted distribution approach will prevent such issues, likening it to tax refund season where checks are typically used for savings and debt repayment.
While Fishback has no plans beyond his current ventures, including the newly launched anti-woke fund Azoria, this initiative showcases his dedication to reshaping cryptocurrency laws and bolstering his reputation within conservative circles. His background at Greenlight Capital and past disputes with billionaire David Einhorn have shaped his journey towards advocating for financial reform.
His obsession with being “different” and his habit of openly criticizing Elon Musk’s Tesla ultimately prevented him from recognizing lucrative opportunities in the market.
