this post was submitted on 29 Aug 2025
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The U.S. Department of Commerce said it issued its gross domestic product data via nine blockchains, including Bitcoin, Ethereum and other crypto-world pathways.

archive: https://archive.ph/RDgRJ

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[–] xenomor@lemmy.world 37 points 6 days ago (1 children)

I like how the article doesn’t even attempt to communicate a potential benefit to doing this or any rationale for why this is useful or good at all. Of course, the real rationale is that it allows the administration to hand wave about being “innovative” without backing that assertion with any substance. It also allows the administration to apply some of the supposed legitimacy of the US government to this wholly pointless, fraud riddled joke of a technology. JFC, this is such a clown of a nation.

[–] superglue@lemmy.dbzer0.com 12 points 6 days ago (1 children)

If you didn't know anything else about bitcoin you'd know its a scam just from Trump getting involved.

[–] BarneyPiccolo@lemmy.today 2 points 5 days ago

Of course. He has no use for normal business practices. If it can't be gamed, it's no fun.