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🚨 BREAKING: ELON WANTS BLOCKCHAIN TO TRACK US GOVERNMENT SPENDING

Elon is reportedly exploring blockchain tech to revolutionize federal operations under the Department of Government Efficiency (@DOGE ).

Ideas on the table include using blockchain to track government spending, secure sensitive data, process payments, and even manage federal property.

@elonmusk and supporters see this as a way to boost transparency and slash waste, but critics warn it could face major implementation challenges.

Could this be the future of government accountability?

Source: Bloomberg

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Discussion

4a647543... 11mo ago

lollll converstions with multiple public blockchains....it just keeps getting worse 🤦‍♂️

Nostr News Network 11mo ago

all the grifters pitching their new shiny blockchain 🤮🤮🤮

Corrado Alvaro 11mo ago

This is something RFK Jr. had mentioned prior to dropping out. Maybe not bad for transparency on where money goes. I’m sure they’ll try to turn it into a shitcoin though.

CitizenPedro 11mo ago

This is the way. Government should always be on chain. Always.

All public goods should be on chain.

protozoan numbness 11mo ago

But which chain?

CitizenPedro 11mo ago

The chain is a bit irrelevant in this case, in my view. Ethereum or something like that would be fine. This is a no risk, a massive improvement over no chain. No chain vs any chain is like off and on.

83a27cb6... 11mo ago

A bitcoin pegged blockchain is the way.