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@elonmusk on why it’s so hard to get rid of fraud in the government:
“At PayPal— we tried to manage fraud down to 1% of payment volume.”
“That was difficult. It took a tremendous amount of care to get fraud merely to 1%.”
“Now—imagine an organization with much less caring, and much less competence.”
Via
@collision @dwarkesh_sp
Luxury cars, mansions, and rare collectables - that's what fraudsters are buying with your tax dollars. It's disgusting, and we are fighting every day to end fraud like this once and for all.