Elon Musk, The head of the Ministry of Government efficiency,, supported the idea of using blockchain technology on Sunday to rationalize the American treasure.
What happened: THE Tesla And Spacex The CEO has accused officials of the Treasury Department of flouting rules to sanction government payments.
“Career treasury managers break the law every hour of each day by approving fraudulent payments or do not correspond to the financing laws adopted by the Congress,” Musk wrote in a post X.
Musk cited 31 section 3325 of the USC, which obliges civil servants to pay the government to obtain the certification of the chief of the executive agency concerned before authorizing these payments.
In response, widely followed by the user Mario Nawfal Asked Musk if he would be wise to place the treasure on the blockchain to connect these holes, to which the technological titan said: “Yes”.
See also:: Tesla d’Elon Musk records $ 600 million in Bitcoin paper gains in the fourth quarter thanks to a new accounting rule
Why it matters: The idea of the blockchain occurs a week after the information that Musk envisaged the use of a large digital book to support its federal spending plans at the Ministry of Effectiveness of the Government, also called Doge. The blockchain would be used to follow expenses, secure data and make payments.
Development comes from the reports that DOGE was looking for access to the payment systems of the Treasury Department.
The Government Ministry of Effectiveness, or Doge, is an entity responsible for reducing federal spending and eliminating meaningless regulations. The agency was struck by a prosecution dam shortly after Trump took office as president last month.
Action: At the time of writing, Mastiff DOGE / USDThe cryptocurrency symbolically linked to the department, exchanged hands at $ 0.3308, crashed 21.72% in the past 24 hours, according to data from Benzinga Pro.
Image via Shutterstock
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