Instrumententafel Angst & Gier Bergbaubecken Geldbörsen Wörterbuch Werben Facebook Twitter Telegram Reddit Youtube
Marktkapitalisierung:
24h Vol:
Kryptowährungen: 12450
Märkte: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Marktkapitalisierung
24h Vol
12450
Kryptowährungen
55.82%
Bitcoin Aktie
The Coin Rise 2025-01-26 10:27:39

CZ Urges Governments to Embrace Blockchain for Public Spending Transparency

CZ Urges Governments to Embrace Blockchain for Public Spending Transparency

Binance co-founder Changpeng Zhao (CZ) has reignited the debate on government transparency, calling for all public spending to be tracked on blockchain technology. In a January 25 post on X, CZ proposed a bold vision, stating , “Unpopular opinion: All governments should track all their spending on the blockchain — an immutable public ledger. It’s called ‘public spending’ for a reason.” His remarks follow reports of Elon Musk and the Department of Government Efficiency (DOGE) exploring blockchain applications to monitor U.S. federal spending and curb the nation’s growing deficit. The concept of onchain tracking has gained traction among fiscal conservatives and sound-money advocates, who argue it could revolutionize accountability in public finance. By leveraging blockchain’s transparent and immutable ledger, proponents believe governments can offer real-time visibility into expenditures, reducing opportunities for mismanagement and corruption. The initiative reflects the broader push for fiscal responsibility, particularly as many nations face spiraling debt and inflationary pressures. Tracing the Roots of Fiscal Challenges The call for blockchain-enabled spending transparency comes against the backdrop of mounting U.S. national debt , which has surpassed $36 trillion. The issue traces back to 1971, when President Richard Nixon ended the gold standard, severing the U.S. dollar’s peg to gold. While Nixon described the move as temporary, it paved the way for an unconstrained money supply. Over the decades, unrestricted currency printing has significantly diluted the dollar’s value, eroding purchasing power and fueling concerns about structural deficits. In May 2023, a Congressional Budget Office report warned that the U.S. Treasury was at risk of depleting its funds, with annual deficits projected to double within a decade. Fixed-supply assets like Bitcoin have emerged as a countermeasure to inflation and fiscal opacity. By providing a transparent, decentralized ledger, Bitcoin offers a potential model for financial systems that prioritize accountability. A Vision for the Blockchain Future Interestingly, discussions around blockchain’s role in government spending have reached the highest levels. Former President Donald Trump suggested paying off the national debt using Bitcoin during an August 2024 interview, while asset manager VanEck proposed a Bitcoin strategic reserve could reduce the U.S. debt by 35% over 25 years. CZ’s call for blockchain adoption extends beyond theoretical appeal—it challenges governments to modernize fiscal governance. As blockchain technology continues to evolve, its potential to reshape public spending and restore trust in government finances remains a compelling proposition. The post CZ Urges Governments to Embrace Blockchain for Public Spending Transparency appeared first on TheCoinrise.com .

Meist gelesene Nachrichten



Cryptohopper
Marktkapitalisierung
24h Vol
55.82%
Bitcoin Aktie
0
Heute Nachrichten
Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen