Elon Musk: “The main payments computer [at the Treasury] is called pam…”

“So the way the system gets exploited is by taking advantage of the, the poor communication between the various databases in the government. To give you an example of what's happening, say treasury, which is improving rapidly, The main payments computer [at the Treasury] is called pam, like Payment Accounts Master Database. or something like that, but everyone calls it Pam. That's 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.” (28:38–28:46)

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