Golden Finance reported that Musk recently criticized the U.S. government for using old computers and software, which has led to the tax agency (IRS) being unable to conduct basic audits and even ‘difficult to track the whereabouts of tax payments.’ He suggested using blockchain technology to create immutable ledgers to improve transparency and strengthen audit capabilities.
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Musk criticizes the outdated IT system of the US government and suggests blockchain reform to improve transparency.
Golden Finance reported that Musk recently criticized the U.S. government for using old computers and software, which has led to the tax agency (IRS) being unable to conduct basic audits and even ‘difficult to track the whereabouts of tax payments.’ He suggested using blockchain technology to create immutable ledgers to improve transparency and strengthen audit capabilities.