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Musk says he found ‘magic money computers’ printing money ‘out of thin air’

cryptoweekly by cryptoweekly
March 18, 2025
in bitcoin, News
0

Responding to Musk’s claim, Jameson Lopp, the chief security officer at Bitcoin custody company Casa, simply said: “Bitcoin fixes this.”

US government cost-cutting csar Elon Musk claims to have found at least 14 “magic money computers” in the federal government with the ability to send money from nothing.

Musk said the computers, which exist in several federal departments, including the Treasury, Defense and Health and Human Services departments, can essentially issue payments and send money from nothing.

“You may think that the government computers all talk to each other, they’re synchronized, they add up what funds are going where, and it’s coherent and that the numbers you’re presented as a senator are the real numbers,” Musk said in a March 17 episode of Senator Ted Cruz’s podcast Verdict with Ted Cruz.

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  • Demographics will 'leapfrog' Bitcoin adoption in Pakistan — Bilal Bin Saqib
  • Bitcoin bulls 'in control’ as BTC price rebounds to $118K
  • XRP wallet linked to Chris Larsen still has $9B to sell, analyst warns
  • Wrench attacks drive crypto investors to centralized custodians
  • Russian crypto traders under pressure from new laws
  • Japan’s ‘slow’ approval culture stifles crypto adoption: Expert
  • What happens if Bitcoin reaches $1 million?

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