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DOGE Dogecoin co-founder joked that he subverted traditional stimulus plans: suggested that the government spend US$1.2 trillion to buy DOGE and distribute it to the public.
A co-founder of Dogecoin "reversed" the traditional economic stimulus concept in a humorous way. He proposed that the U.S. government could spend up to US$1.2 trillion to buy Meme Coin and distribute it to the American people, rather than simply issuing additional dollars.
The $1.2 trillion dogcoin distribution plan
Billy Markus, co-founder of dogcoin, who posted on social media platform X under the name "Shibetoshi Nakamoto", has come up with an interesting alternative: spend $1.2 trillion on dogcoin rather than paying out a $5000 check-like stimulus to Americans.
The timing of the remarks also added another dimension, because that same week, President Donald Trump promised to pay a $5000 "dividend" to each adult if Republicans win the November midterm elections. Notably, economists warn that a one-time payment of $5000 may not substantially improve households 'purchasing power. Instead, this sudden injection of cash could stimulate demand and push prices higher in subsequent months. When consumption grows faster than an economy's ability to provide goods and services, widespread consumer payment behavior can trigger inflation.
Is Marcus's $1.2 trillion DOGE concept really feasible?
Marcus is known for his trademark sense of humor, so his proposed $1.2 trillion dogcoin distribution plan is more of a playful idea than a serious policy recommendation. Still, the sheer scale of the proposal raises an obvious question: Is the U.S. government really capable of purchasing such a large amount of DOGE?
Currently, Dogecoin ranks 12th in terms of market value, with a market value of approximately US$13.2 billion. The circulation supply of this leading memein is approximately 155.88 billion DOGE units and is currently worth approximately US$13.08 billion. This means that if the government spends $1.2 trillion to purchase it, the amount will be more than 90 times the current market value of the token.
Although there is no fixed supply cap for Dogecoin to technically deter such purchases, acquiring DOGE on such a large scale is likely to cause its price to soar, making implementation of the proposal extremely difficult and costly.
While the $1.2 trillion government DOGE acquisition may sound absurd, the U.S. government has indeed taken steps to hold cryptocurrencies as a strategic asset. In March 2025, President Trump signed an executive order establishing a strategic bitcoin reserve and an independent inventory of digital assets. The reserve is mainly funded by existing Bitcoin assets that the government has acquired through seizure and confiscation procedures, rather than through large-scale market purchases.
However, this policy does not extend to Dogecoin. There is currently no official U.S. DOGE reserve, and there is no government directive requiring the accumulation of this canine-themed meme cryptocurrency.
At the same time, according to CoinGecko data, as of press time, the transaction price of dogcoin was US$0.08467, which has only increased slightly by 0.5% in the past 24 hours.
