To quote a popular spy movie from the 90’s…”Too many secrets”
And in that movie, Sneakers, there was an emphasis to expose the
Elon Musk just made a huge statement.
He’s saying that he supports using blockchain to boost transparency in U.S. Treasury transactions.
No more sneaking around with tax payer’s money.
Guess who’s not a fan of it?
Yep, everyone on the Left.
How can they launder money if nosy patriots can see everything they’re doing?
Blockchain’s decentralized nature could offer real-time visibility, which is the exact opposite of what the Swamp wants.
🚨 NOW: Elon Musk proposes putting the U.S. Treasury on blockchain for full spending transparency.
Citizens could track taxpayer dollars in real time. pic.twitter.com/N3jD6UJjYH
— Cointelegraph (@Cointelegraph) February 5, 2025
What will liberals say about this?
Aren’t they against ‘Big Government’ ?
Do they want to know where their tax dollars are going?
I believe we’re gaining more and more to our side daily.
🚨 BREAKING 🚨
ELON MUSK HAS CONFIRMED HE
WANTS TO PUT THE U.S. TREASURY
ON A BLOCKCHAIN.PEOPLE WILL BE ABLE TO SEE WHERE
THE GOVERNMENT IS SPENDING THE
TAX PAYER DOLLARS. pic.twitter.com/Tf1Qe08Pjf— Max Brown (@MaxBrownBTC) February 5, 2025
Cryptonomist reports:
The idea of implementing blockchain in United States Treasury transactions has found an exceptional supporter: Elon Musk.
During a recent discussion, the CEO of Tesla expressed his support for greater transparency in government financial flows through the use of blockchain technology.
ADVERTISEMENTThis proposal could have significant implications on the management of public finances, increasing the security and traceability of operations.
During a debate with Cathie Wood, CEO of Ark Invest, Musk emphasized the importance of making US Treasury transactions more accessible and verifiable.
According to the billionaire, the adoption of blockchain could improve public oversight on money movements managed by the government, reducing the risk of manipulations or inefficiencies.
Wood highlighted how the blockchain can guarantee immediate visibility of financial operations, allowing citizens to monitor the use of public funds.
This approach could transform the way the government manages economic resources, introducing an unprecedented level of transparency.
The blockchain is a decentralized technology that records transactions in an immutable and transparent way, eliminating the need for intermediaries.
Applied to US Treasury transactions, it could offer several advantages:
– Better traceability: Every transaction would be recorded permanently, reducing the risk of fraud or errors.
ADVERTISEMENT– Greater security: Thanks to encryption, the data would be protected from unauthorized access.
– Operational efficiency: The reduction of bureaucracy and intermediaries could accelerate payment processes and reduce administrative costs.
A system based on blockchain could also facilitate the monitoring of public spending, allowing citizens and industry experts to analyze in real time how federal funds are allocated.
It seems the media and the Left isn’t too happy about Musk taken control.
Ps. Beware the comment section on that video.
I almost got sucked in, trying to debate the mindless zombies there.
It’s amazing how brainwashed they are.
God help them.
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