pull down to refresh

Now, realize that these are the government's own assessments, made by people who fundamentally believe in all the same things as the other bureaucrats.

What might this look like if done by a critical or skeptical analyst?

reply

0.3% for any department seems almost laughable. I have >0.3% waste fraud and abuse in my own personal budget, and my incentives are fully aligned with myself!

I do wonder where these numbers came from. #1 in refining your bullshit detector is asking where those numbers came from.

reply

0.3 percent means Transportation department is operating at 6 sigma lol

reply

Their self assessment is 23 percent fraud and waste at treasury

reply

It’s gotta be so much worse lol

reply

No wonder they're going after the treasury

reply

Defense only 1.85%?! Find that really hard to believe

reply

I've been hearing alot of rumors that they want to put the U.S. Treasury on the "blockchain" to track all U.S. government spending.

Thoughts on how you think this would play out? I don't think they would be using bitcoin, but if they were to use something, would they go with some private blockchain like Circle?

Would love perspective through the btc maxi lens.

reply

"Moving all US spending to the blockchain would reduce fraud in the US Treasury's budget from ~24% to 0% overnight."

Larpers be larping.

reply

Where do these numbers come from?

reply

Covid made things worse

reply