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Elon Musk: Financial Tech in Government Agencies

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by Giorgi Kostiuk

4 hours ago


Elon Musk made controversial claims about the presence of 'magic money computers' in government agencies, sparking heated discussions in the crypto community.

Elon Musk's 'Magic Money Computers' Claims

Elon Musk detailed the presence of 'magic money computers' during a podcast discussion, noting their existence in various government departments. These assertions add a new dimension to ongoing debates on state financial management.

I call a 'magic money computer' any computer which can just make money out of thin air.

Bitcoin Market Amid Musk's Allegations

The latest price data indicates Bitcoin is trading at $82,852.8, with fluctuations between $81,000 and $83,000. Analysts suggest this trend aligns with previous market movements, reinforcing historical price patterns.

Experts Evaluate Musk's Statements

Comparing Musk's claims to past occurrences, experts highlight the lack of direct precedents for the idea of computational government spending. The need for monitoring future governmental disclosures and transparency in public financial management is emphasized.

Musk's remarks have sparked significant reactions and require further observation of state actions in financial management.

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