«Magic Money Computers». Elon Musk, the man juggling between rockets, electric cars and even on Dogecoin, has just made an explosive revelation: the existence of 14 «Magic Money Computers» within the Federal Government of the United States. According to him, these computers have the capacity to send money from nothing, a bit as if we discovered a horn of financial abundance hidden in the corridors of the public treasury. Explanations.
The key points of this article:
Elon Musk revealed the existence of «Magic Money Computers» within the American government, capable of sending funds without apparent logic. Musk also underlined financial dysfunctions within federal agencies, where unidentified payments continue after the end of contracts.
Computers who print money?
During an episode of the podcast «Verdict with Ted Cruz», Musk explained that these machines operate in several government departments, including the Treasury, Defense and Health. They would be able to debit payments without the slightest apparent logic.
«You might think that government computers are synchronized, that they are correctly adding the incoming and outgoing funds, and that the figures presented to the senators are reliable. But this is not the case. ».
According to him, some errors caused by this method can represent a margin of 5 to 10 %. The entrepreneur decided to appoint these machines « Magic Money Computers »a reference to their ability to create money ex nihilo. For fervent defenders of Bitcoin, this situation perfectly illustrates the drifts of the fiduciary monetary system. Jameson Lopp, director of security at Casa, did not fail to react by commenting: «Bitcoin fixes this problem».
A disconcerting financial mismanagement according to Elon Musk
Beyond uncontrolled monetary creation, Musk also pointed to another major dysfunction as part of ses fonctions au D.O.G.E ( Department of Government Efficiency) : Some federal agencies have more media subscriptions, software and credit cards than employees. Worse still, unidentified payments come out of the treasure without explanation, sometimes even after the official end of a contract. These funds are often received by companies which, by simple bureaucratic oblivion, continue to collect millions without anyone coming to claim their restitution. Musk believes that 80 % of these dysfunctions are incompetence rather than fraud.
“We saw payments go out without any code or justification. We then try to understand where this money comes from and we realize that a contract has never been arrested. Is it waste or fraud? »»
Bitcoin and the response to anarchic monetary creation
The idea of'government computers who decide alone to print money Relaunch the debate on the limits of the current monetary system. Unlike the dollar which can be created endlessly by the federal reserve, Bitcoinwith its supply limited to 21 million units, stands out as an antidote against inflation and monetary depreciation. The case of «Magic Money Computers» could well awaken a broader fringe of the population as to the fragility of public finances. Decentralized finance and cryptocurrencies appear more than ever as a viable alternative to this system, where financial flows sometimes seem to go beyond any rational control, however, in fact, 51 % of Americans are currently opposed to the creation of a strategic reserve in cryptomonnai.