Musk says he found ‘magic money computers’ printing money ‘out of thin air’
18 Março 2025 - 1:20AM
Cointelegraph
US government cost-cutting czar Elon Musk claims to have found
at least 14 “magic money computers” in the federal government with
the ability to send money from nothing.
Musk said the computers, which exist in several federal
departments, including the Treasury, Defense and Health and Human
Services departments, can essentially issue
payments and send
money from nothing.
“You may think that the government computers all talk to each
other, they’re synchronized, they add up what funds are going
where, and it’s coherent and that the numbers you’re presented as a
senator are the real numbers,” Musk said in a March 17
episode of Senator Ted Cruz’s podcast Verdict with Ted
Cruz.
However, Musk said this isn’t the case.
“They’re not totally wrong, but they’re probably off by 5% or
10% in some cases. So I call it 'magic money computer’ — any
computer that can make money out of thin air. That’s magic
money.”
Jameson Lopp, the chief security officer at Bitcoin
(BTC) custody company Casa,
said in the
video comments that “Bitcoin fixes this.”
Bitcoin advocates have long touted the cryptocurrency’s ability
to hedge against currency devaluation, as Bitcoin’s supply is
capped at 21 million coins, while fiat supply can increase with
more “printing.”
Source: Jameson Lopp
Related: DOGE
proposes slashing Internal Revenue Service staff by
20%
Musk says his latest DOGE efforts
have also uncovered that US government departments have more media,
software subscriptions, and credit cards than they do people
working there — in some cases, up to double.
However, he thinks 80% of cases are waste and incompetence
rather than a malicious
scheme because, in some instances, companies are being sent
money by mistake. Then nobody from the government is asking for the
money back.
“We saw a lot of payments going out of Treasury that had no
payment code and no explanation for the payment, and then we’re
trying to figure out what that payment is,” Musk said.
“Then we see that, okay, that contract was supposed to be shut
off, but someone forgot to shut off that contract, and so the
company kept getting money. Now, is that waste or fraud?”
Musk’s other business ventures
have suffered due to his DOGE work. Tesla facilities around the
US have been vandalized as part of a broader “Take down Tesla”
movement protesting DOGE’s cost-cutting measures.
Magazine: Elon
Musk’s plan to run government on blockchain faces uphill
battle
...
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computers’ printing money ‘out of thin air’
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Musk says he found ‘magic money computers’ printing
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