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Flash News List

List of Flash News about waste reduction

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2025-03-28
19:30
Dogecoin's Role in Enhancing Government Efficiency Highlighted by Tom Emmer

According to Tom Emmer, Dogecoin is actively involved in efforts to eliminate waste, fraud, and abuse within the federal government, aiming to enhance programs for American citizens. This initiative is supported by influential figures such as POTUS and Elon Musk, which may increase Dogecoin's perceived legitimacy and stability in the cryptocurrency market.

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2025-02-09
01:06
Blockchain Implementation Could Significantly Reduce US Treasury Fraud: Analysis by The Kobeissi Letter

According to The Kobeissi Letter, moving all US spending to the blockchain could reduce fraud in the US Treasury's budget from approximately 24% to 0% overnight. This transition is highlighted as potentially saving around $69 billion annually if even 1% of US spending is wasted each year. Furthermore, cutting fraud by 5% could save an estimated $338 billion, which equates to approximately 19% of annual deficit spending. This analysis suggests that blockchain could be a pivotal tool in reducing wasteful expenditures in government budgets.

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