Elon Musk’s Department of Government Efficiency (DOGE) has saved US taxpayers roughly 36.7 billion USD, highlighting the need for blockchain-based transparency in government spending. Armstrong advocates for onchain auditing to enhance oversight.
Musk’s agency discovered a significant loophole, estimating 100 billion USD lost annually due to government inefficiencies. This poses a critical challenge as efforts to transition the US Treasury to blockchain could enhance financial accountability.