Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Elon Musk highlights outdated IRS computers and audit failures

Elon Musk highlights outdated IRS computers and audit failures

GrafaGrafa2024/12/10 02:40
By:Isaac Francis

Elon Musk has criticised the state of US government technology, calling attention to outdated systems that he claims hinder transparency and accountability.

Through a series of posts on X.com, Musk described the federal government’s computer systems as being in “such bad shape” that they cannot reliably prevent fraud, waste, or abuse.

“That’s why the government can’t pass basic audits. They often LITERALLY don’t know where your tax dollars went. It’s insane,” he remarked.

Musk highlighted that the government overpays for ineffective software, a situation stemming from bureaucratic inertia rather than deliberate mismanagement.

“If it were mostly intentional, it would be easy to reverse,” Musk noted.

He emphasised that the lack of accountability within vast bureaucracies contributes to the persistence of outdated technology.

The discussion gained momentum after a user shared an image of computers resembling those from the 1990s, suggesting the IRS still uses similar technology.

“I wish. Unfortunately, it’s much worse than that,” Musk responded.

This statement underscored his concern about the inadequacy of critical infrastructure in one of the world’s wealthiest nations.

While Musk avoided assigning political blame, his comments suggest a need for systemic reform.

He advocated for solutions that promote government efficiency and technological modernisation.

Blockchain technology, often cited as a tool for transparency, was indirectly highlighted as a potential solution.

Experts suggest that an immutable ledger could enhance the government’s ability to conduct mass audits and ensure tax allocation transparency.

As the incoming Trump administration expressed interest in advancing blockchain technology, Musk’s critique may add weight to discussions about modernising government systems.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

SLPUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/23 11:57

Notice: Maintenance for VND deposit service

Bitget Announcement2025/07/21 12:30