Doge overlord Elon Musk uncovering what he calls government magic money computers printing

money out of thin air.

It's Tuesday.

March 18th, 2025.

I'm Christine Lee.

This is Coindus Daily.

The U.S.

Government is creating money out of thin air via 14 magic money computers.

Department of Government Efficiency head, Elon Musk, telling Senator Ted Cruz in a podcast

that U.S. departments, including Treasury, Health and Human Services, State and Defense,

have computers that issue payments to people out of nothing without any coherent

accounting and are probably off by up to 10% in reporting government expenditures. Bitcoin advocates

are sounding the alarm to fix the money with Bitcoin, which has a limited supply and protects

against currency degradation. Crypto Exchange Gemini has appointed a new

chief financial officer as it positions itself for a potential initial public offering. The company's

latest hire Dan Chen, who previously served as vice president of capital markets at a firm,

announced the move in a social media post. Chen will work alongside Gemini, co-founder's

Cameron and Tyler Winklevoss to help scale the business. If Gemini moves forward with the public

listing process, it will be part of a small but growing number of crypto-native companies

considering an IPO in the U.S. stock exchanges, including Cracken, Circle, blockchain.com,

and Bullish, the parent company

of CoinDesk. Friends, Defi is having a moment. Uniswap Labs, web app, and wallet connect you to the

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