Elon Musk: “Pam [the Treasury's main payments computer] is responsible…”

“To give you an example of what's happening, say treasury, which is improving rapidly, the main payments computer is called pam, like Payment Accounts Master Database or something like that, but everyone calls it Pam [the Treasury's main payments computer] is responsible for almost $5 trillion payments a year, roughly a billion dollars an hour. And when we came there, we're looking at this payment. It's like the payments have no. You could put a payment through with no payment categorization code and no description on the payment, like basically untraceable blank checks.” (28:41–28:53)

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