Tyler Winklevoss, co-founder of Gemini, has commented on the Department of Government Efficiency (D.O.G.E.) proposed to eliminate wasteful government spending and combat US inflation, which rose 2.6% in October. Winklevoss argues that addressing the “silent tax” of inflation is crucial for economic fairness and sustainability, particularly for low-income Americans.
The D.O.G.E. aims to reduce federal inefficiencies, but its potential effectiveness in combating inflation remains a subject of debate. Winklevoss also emphasized the importance of embracing innovative financial tools, such as Bitcoin, to ensure equitable opportunities in the face of rising costs.
