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What's the grift this time? Backed by DOGE and Melania coins?
Insider trading. They’ll use coins that they and their billionaire buddies are already heavily invested in.
I’m banking on business solutions to nonexistent problems
I mean blockchain does not necessarily mean coins but im gonna go with trump coins.
They probably think that tracing it will be easier than cash, but obviously there's a few issues with that:
Why doesn't DOGE just rob a bank?
They skipped the bank and directly went for the US treasure department and tax money
It probably will be something like that, but a blockchain ledger doesn't need a coin.
This is one of the few things that might (if done correctly, ie. no coin) actually be a reasonable idea, a record of aid delivered that is immutable protects it from both 'misplaced' funds and malicious governments trying to erase previous governments achievements (like the current US gov is doing)