Summary
Elon Musk claims his Department of Government Efficiency (DOGE) is shutting down payments to federal contractors, including a Lutheran charity, asserting it is eliminating corruption.
This suggests DOGE has access to Treasury’s payment systems, though officials have not confirmed the extent.
Senator Ron Wyden warned that DOGE may interfere with Social Security, Medicare, and government contracts.
Musk also called USAID “a criminal organization” that should “die,” amid DOGE’s growing influence over federal financial operations.
Thanks for the great reply! Super interesting stuff. I keep wanting to study up on all this crypto stuff since it seems like it’s not going anywhere at this point. Appreciate the links.
Don’t spend more than 20 bucks to figure out how it all works if you want to tinker. It is not a safe store of wealth. The best usecase is for anonymous and secure transactions.