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A comment on Payments Crisis of 2025: Doge Have "Read-Write" Access to Federal Payment System. Parent comment

Re:Payments Crisis of 2025: Doge Have "Read-Write" Access to... by dgfitz on Tuesday February 04, 2025 @10:32AM (#42933643)
Do you pay federal taxes? (Yes) Do you get federal service? (No) Does your government gets federal grant money to fund projects and services? (No) Do you rely on social security payments? (No) Maybe your parents does. (No) What about medicaid and medicare? (No)

My concern level is quite low.

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Re:Payments Crisis of 2025: Doge Have "Read-Write" Access to... by jenkstom on Tuesday February 04, 2025 @10:51AM (#42933949)
U.S. Treasury bills underpin the financial systems of the world, but most especially that of the United States. This is an ELE for the US.
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Re:Payments Crisis of 2025: Doge Have "Read-Write" Access to... by dgfitz on Tuesday February 04, 2025 @11:03AM (#42934128)
What exactly is the concern here? Someone is going to rm -rf / on some magical server holding all the t-bills in the world?

This is not a thing that will happen.

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Re:Payments Crisis of 2025: Doge Have "Read-Write" Access to... by drawkward on Tuesday February 04, 2025 @11:07AM (#42934200)
You trust these incompetent clowns way more than I do, apparently.

/me points to the "Four Seasons" Press Conference

/me points to Tesla

/me points to X

/me points to any of Trump's business ventures

/me points to Trump's "billionaire" status

[ Parent | on HN ]
Re:Payments Crisis of 2025: Doge Have "Read-Write" Access to... by dgfitz on Tuesday February 04, 2025 @01:47PM (#42936795)
I don't trust anyone, least of all an elected official. Was my actual point not clear to you, and this is why you moved the goalposts of the conversation?
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Re:Payments Crisis of 2025: Doge Have "Read-Write" Access to... by liontwist on Tuesday February 04, 2025 @11:04AM (#42934149)
Why do you think treasuries are at risk of not being paid?
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Re:Payments Crisis of 2025: Doge Have "Read-Write" Access to... by spacemanspiff01 on Tuesday February 04, 2025 @05:12PM (#42939711)
How about money in the financial system. What would happen if someone makes a mistake, and something causes bond payments to fail?

It is an outside risk, but based on the reporting it seems like they are digging into code of large complex financial systems...

How much do you trust 1 guy to not make _any_ mistakes.

Maybe this is wrong and they are only looking at read only access of the payment system, but it seems sketchy that this is even a risk.

[ Parent | on HN ]