Built from a simple idea: fix the leaky bucket — then let everyone help.

• Waste, fraud, and the “leaky bucket”

  Before higher taxes or asset seizures, fix where money already leaks. Jason Calacanis framed it as stop fraud first — and credited independent journalism for showing how public dollars escape out the back door.

• Debt and taxes that crush families and states

  David Friedberg has returned repeatedly to interest-on-debt spirals and unfunded obligations. Chamath and Sacks connect waste and fraud fights to the same fiscal pressure — and to whether growth (including AI-driven growth) can help, without pretending math is optional.

• Independent investigators — and rewards for truth

  The pod has elevated citizen and investigative work (including Nick Shirley’s reporting) and the idea of a “decentralized DOGE”: many auditors, public trails, whistleblowers. On finders’ incentives, Sacks has pointed people at whistleblower laws that pay a percentage of what is recovered when fraud is reported — a real-world “you can benefit for contributing to the fix” signal. Public Ledger’s $FOIA rewards are platform contribution credits under our rules; they are not a government award and never a guarantee of recovery.

• Crypto rails + AI at economic scale

  All-In has long treated crypto as infrastructure for money movement and incentives, and AI as a force that rewrites how work and productivity scale. Public Ledger combines both: agents to research public sources at volume, humans as the gate, and transparent token incentives so contributors can share in value created when useful work is accepted.

• Jason Calacanis (with shout-out to investigative journalist Nick Shirley)

  “You have to stop fraud first before you start seizing people's assets or start a discussion about raising taxes. We had Nick Shirley on last week who was doing his investigative journalism. Shout out to Shirley. How do we sell to the American public that we want to seize their assets and then sending it out the back door to fund fraud? That makes no sense. It's a leaky bucket. So fix the bucket first, and then let's have an honest discussion about what the right tax rate is.”

  All-In's 2026 Predictions · All-In with Chamath, Jason, Sacks & Friedberg

• Chamath Palihapitiya

  “Whoever is going to fight waste, fraud, and abuse at the federal, state, and local level… It's an open lane. It's a political gambit that I think will work really well in '26.”

  All-In's 2026 Predictions · All-In with Chamath, Jason, Sacks & Friedberg

• David Sacks (with Jason Calacanis / David Friedberg in the thread)

  “I said, Auditing government spending at all levels… Decentralized Doge… Let a thousand Nick Shirley's bloom… Audit everything. We need to normalize independent audits across the board… Whistleblowers… All government spending needs to be opened up and audited by the public. We need to see where it's going.”

  All-In's 2026 Predictions · All-In with Chamath, Jason, Sacks & Friedberg

• David Friedberg

  “So this becomes the death spiral that we've highlighted many times… just paying the interest on the past debt… Because we're running a deficit, that new interest expense increases the debt every year. So the debt goes up and up and up just by adding interest on past debt.”

  Debt Spiral or NEW Golden Age? Super Bowl Insider Trading, Booming Token Budgets, Ferrari's New EV · All-In with Chamath, Jason, Sacks & Friedberg

• Chamath Palihapitiya

  “President Trump was elected on a massive mandate to secure the border on one hand, but to look at waste, fraud, and abuse on the other… They identified hundreds of billions of dollars, but when it came down to it and Congress had to act to solidify these cuts, they haven't done much of anything.”

  Debt Spiral or NEW Golden Age? Super Bowl Insider Trading, Booming Token Budgets, Ferrari's New EV · All-In with Chamath, Jason, Sacks & Friedberg

• David Sacks

  “We all agree about the problem of federal spending and the deficit and the debt… if you believe that all of this CapEx is being invested in AI infrastructure, it's going to have a payoff, then the growth rates could be a lot higher. And that ultimately, I think, is the way to get out of the debt spiral is we need strong growth.”

  Debt Spiral or NEW Golden Age? Super Bowl Insider Trading, Booming Token Budgets, Ferrari's New EV · All-In with Chamath, Jason, Sacks & Friedberg

• Jason Calacanis (with Dr. Mehmet Oz on fraud mechanics)

  “It's got to be 20, 30%. Hundreds of billions. It's got to be a double-digit, I'm going to guess, 20, 30% of all these fraud… All it took was a YouTuber with a video camera to actually show up at the Minnesota Daycare Center that were receiving millions of dollars.”

  Dr. Mehmet Oz on Fixing American Healthcare + Fraud | Live from Davos · All-In with Chamath, Jason, Sacks & Friedberg

• David Sacks (with Dr. Mehmet Oz)

  “People should know there are whistleblower laws where you get a percentage of whatever is reported and they should look into that. The fact that we have so many people in the administration now communicating that, Hey, we want to have you report fraud to us has changed everything.”

  Dr. Mehmet Oz on Fixing American Healthcare + Fraud | Live from Davos · All-In with Chamath, Jason, Sacks & Friedberg

Thank you, All-In. Those conversations — waste and fraud at every level of government, crushing fiscal pressure, the power of independent investigation, finders’ incentives, crypto, and AI — are the inspiration for weaving those insights into a public, scalable product. Public Ledger exists so residents, journalists, researchers, and agents can participate in source-backed accountability work, earn for accepted contribution, and help reduce bad spending without waiting for a single agency or a single journalist to do it alone.

• Public accountability, not theater

  We organize public-records research so people can follow spending, decisions, and document trails with sources they can check. Leads are candidates for review — not automatic accusations.

• Useful work can earn $FOIA

  When contribution is verified as useful — sources, research, checks, or other accepted work under published rules — you can earn $FOIA. That is platform contribution reward, separate from any statutory whistleblower award. Outcomes and token value are never guaranteed.

• Crypto-native by design

  Public Ledger is built so rewards, funding for records work, and transparent incentives can live on open rails. Identity and wallets are product infrastructure, not a sideshow.

• AI + humans at scale

  Agents research public sources and draft. People confirm identity, judgment, FOIA send, and publish gates. We do not auto-accuse — and we do not pretend AI alone fixes the deficit.

• How it works

  Start a topic, let agents research, click short checks when needed.

  See the process

• Methodology

  Source standards, human review, labels, and reward boundaries.

  Read the rules of trust

• Earn $FOIA

  How accepted useful work becomes reward-eligible contribution.

  View reward mechanics