2025-12-10 06:35:07

Musk recently dropped some eye-opening numbers about wasteful government spending. According to his team's findings, somewhere between $100B to $200B gets flushed annually through what he calls "zombie payments" - money that just vanishes without proper tracking or justification. His proposed fix? Pretty straightforward actually: require a payment code and a clear explanation before any funds move. Simple gate-keeping that could plug a massive leak. Makes you wonder how blockchain-based payment rails might handle this differently - immutable records and smart contract conditions could theoretically eliminate these phantom transactions altogether. Food for thought on why transparent ledger systems matter beyond just crypto trading.

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RatioHunter

· 13h ago

Hundreds to two hundred billion just evaporate out of thin air? Oh my, this is more outrageous than any rug pull I've ever seen. Blockchain should have been adopted long ago. Why does it take until today to discuss this?

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degenonymous

· 15h ago

Elon Musk's comments this time really hit the nail on the head... Losing 20 billion dollars every year just like that, how outrageous is that? The blockchain's immutable logic should have been adopted long ago, traditional systems really need to reflect and reconsider.

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hodl_therapist

· 18h ago

The damn 20 billion a year disappeared like this? It can produce blood more than the market value of most currencies, which is amazing

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GasOptimizer

· 18h ago

Black holes of 100-200B... As soon as this data came out, I pulled a table and calculated. It's really that no one reads the ledger. If you want me to say, the efficiency of on-chain audit is an order of magnitude worse than this off-chain payment. Gas fees should be reduced, but transparency is indeed worth learning from.

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orphaned_block

· 18h ago

Zombie payment sounds outrageous, how bad a system can make tens of billions of money disappear out of thin air Blockchain should have been on a long time ago, and the transparent ledger should be standard for both public funds and private transfers

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CryptoSurvivor

· 18h ago

100 to 20 billion is gone? It's really outrageous that the operation space is so large, it seems that the government ledger has to be chained

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gas_guzzler

· 18h ago

Damn, one or two tens of billions of knives are gone? What a black hole this must be... Blockchain has been able to do this for a long time, and I really don't understand why I have to wait until now Musk is right that the transparent ledger should be used everywhere, not just in the currency circle Now it's good, you can throw it to the encryption again, as long as something goes wrong, blame us A simple record of where to spend it to plug this leak? How could the government not think of it... To put it bluntly, it is still a matter of power structure, and some people rely on these "zombie payments" to eat Smart contracts should have been used for this a long time ago, saving money all the time It's really like a mouse hole in the treasury, bleeding every day

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