Trump NFT Analysis
(media.greatawakening.win)
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I'm still not seeing it: How do Trump's NFTs being on the same network as Ethereum "destroy their own network"?
I'll explain. Trump release's their dirty laundry on the Ethereum network, now they have to destroy Ethereum which will destroy all the central bank digital currencies too.
They have to choose. Keep the new fake money system but have their secrets revealed so nobody will want their fake currency trap, or destroy Ethereum and their monetary systems to hide their dirty secrets and scramble to come up with a new system to create CBDCs, and while they are doing that Trump will probably release his and people will flock to his.
As for the NFT collection being used to release their dirty secrets, I'm not sure how that could happen but it's possible. Any questions?
Thanks for the explanation, fren.
No questions other than your own: could Trump's NFT collection include data that would bring down the corrupt Social Credit Score-enabling Ethereum, and if so how would it be inserted and then accessed? With steganography being so well known, I don't find it difficult to believe it could happen, but then I know nothing about the underlying tech of NFTs.
Maybe yes, via stengraphic encoding would be my guess as well. After all, that type of encode is independent of Etherium and the blockchain...
This is not strictly true, technically there are things they can do but they would be very difficult/painful and require a consensus of a lot of powerful people - like branching.
Ah. I appreciate the detail. Makes sense -- also, by the time they got the branching done, the cat would be long out of the bag, I imagine . . . and the original branch would still be up, wouldn't it? So yes, a lot for them to overcome.
Yeah, it would still put them in a tough spot. it's definitely an interesting theory with potential. I personally think this is more a basic troll than a serious op but we'll see!
Interesting theory.
I was thinking the same thing. That's why I wanted to post it here. To get a conversation going about it.
This is a good perspective. However, I dont think they will destroy the Ethereum blockchain, unless at some future point, the Trump cards are tied to information disclosure. Can you imagine if there is a hidden reveal behind the cards at set future dates?
That said, I am pretty sure the announcement of NFT along with the digital bill of rights, right when Elon has started Twitter disclosures, is not a coincidence.
Here is a post I got on Twitter.
This does not make sense.
CBDC’s will use blockchain technology, but will not be running on ethereum. There is no way that a central bank would choose to use a public blockchain for their platform. They will develop there own blockchain and it will not be public.
A public blockchain is a blockchain where there is no central authority that can change source code unilaterally. A private blockchain is the same kinda technology but someone maintains “administrator” level privileges.
So assume the fed realizes there is a problem. People are able to track drug transactions and see that the cia is holding the bag. To address “public concerns over a lack of privacy” they will need to unilaterally introduce a software update to hide some transaction and make sure people can’t peek into the cia’s drug trade.
Now if the fed was using ethereum, then they would need all the nodes around the world to update their software. This would be inconvenient.
Eth transactions are too expensive for cbdcs
The controllers will never be able to lie, gaslight, or change history again. Dark to light.
OK...I've read about this in NUMBEROUS places. Someone explain it to simpletons like me. Pretend I'm 10. LOL
That sounds like great news but I don't understand most of it? Please? Like I'm 5?
Isn't this what we were hoping McAfee's dead man switch would do as far as information being released in a block chain?
Not versed on this stuff much at all
They released on Polygon which is a layer 2 chain on Ethereum, but your point holds. Transparent and auditable blokchain and the gold standard are the way and are not mutually exclusive. Trump NFTs are up 1300% and top volume on OpenSea. It's not too late. Think about their value as the Plan progresses.
Why is something being on a block chain a great way to share uncensorable truth? I don't see it. I think a lot of people don't understand block chain.
Imagine a wall of post office boxes.
Everyone can look into any box they want and see what’s in there, but only the person who has the key to that individual box owns it. So no one can remove anything from the box but the owner can transfer ownership if they wish.
Now imagine that the wall of boxes is huge. There are as many boxes on the wall as there are atoms in the solar system. That’s like blockchain.
Now imagine the bitcoin blockchain is one blockchain, the ethereum blockchain is another, the dogecoin blockchain is another, and so on, and so on…
Now imagine I wanted to store some information in a single atom on a particular blockchain. Since there are so many, they are all numbered uniquely so we can all identify them.
I say to you, go look at the info on atom A1754345578886554322226679976432. You can look at it, but no one can remove the information because everyone has the ability to view the entire blockchain.
If I say “That information doesn’t exist there” A couple billion people go, “Yes it does” because they have a shared copy of that blockchain too, and since those peoples copies are the same and mine doesn’t match, they win the argument because it’s obvious I faked mine.
Oh, I understand, to a pretty good level how block chain works. Just not seeing how this is a good way to share uncensorable truth. Yeah, you can't, or it's mathematically very unlikely to be able to, change a block within the block chain, but so what. Just post something on Trump's site. Unless someone hacks into the site that's not going to change either. People seem to think block chain is going to solve everything. It's just an immutable ledger - decentralized. Well not immutable as you can continue to add blocks to it, but the blocks that are already there cannot be changed without being detected that they were changed.
I don't think it's the best way to disseminate information either, I was only trying to explain for someone who doesn't understand it all.
maybe you just didn't realize how much un-censorable truth already exists in this space.
Let me put it this way. All the information is public and accessible by anyone. It is immutable and cannot be changed (unless you figure out how to hack SHA3).
There are MANY instances of information on NFT's as well as flat cryptographic transactions. Hell even the first BTC transaction included a NYT headline to further "timestamp" it:
https://www.blockchain.com/explorer/blocks/btc/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
In fact, the ability to put information in a transaction (or a message) is the building blocks of many cryptocurrencies after bitcoin, in which, the text isnt just text, its can use JSON or JAVA code too. Opening up ALOT of doors...
If you want history or examples check out this article that goes DEEP into the history of this space:
https://whiterabbit1111.medium.com/the-origin-digital-antiquities-market-nfts-1ea9b69c03f9
Easier for Trump to post something on his site.
go make his business deals then. oh wait...
Interesting theory.
Vitaliak buterin is a DS puppet? its sad in a way the whole crypto system has such potential to do good and yet evil corrupts it all. Blockchain would be great for keeping contracts legit and enabling honest business.
Only gold and silver are money everything else is bullshit
a blockchain mirror of a gold backed currency could be doable. So long as its totally open source and transparent
Didn’t Russia say the would back bitcoin with gold?
Q - 99
Anyone can upload anything - even say for instance video proof or images of whatever shenanigans the powerful have got up to - onto the blockchain. Different chains can hold different kinds of data, but the whole idea of blockchain is once it's there, it's there.
I do not track with the idea that Trump is trying to destroy ETH simply by using it for its intended purpose. Doesn't make any kind of sense.
Did the release of the trump not’s cause a performance issue? I.e. delayed network transactions or increased gas fees.
What truth? That Trump wants to be an astronaut or Superman?
I am studying the chain as we speak :)
Not exactly. He only controls the codebase for the publicly acknowledged Ethereum. He doesn’t control every private key, or the data itself. Anyone can make their own “Ethereum” but everyone agrees this is the correct one, so those others are just imitators. That’s why there are so many altcoins. All the computers that want to run eth around the world have a copy, and all the copies have to match otherwise everyone knows they are fake. You could take Vitalys codebase today, make a few tweaks, and publish your own shitcoin if you wanted. Many people do. Almost all coins are just copies of either bitcoin or ethereum codebases.
Not exactly. Those transactions still exist on eth classic. It’s just that all the nodes agreed that eth2 is the “valid” chain. Bitcoin did the same thing with bitcoin cash.
The Eth fork and Bitcoin fork were essentially done the same way, all the nodes agreed they were moving to a new chain.
Thanks for this explanation on the blockchain. This is beginning to sink in a little more. Question, how can the info stored on the blockchain be accessed? Can anyone access that information?
60%+ of Ethereums nodes are now controlled by 2 entities thanks to PoS last I heard. So Ethereum isn't really centralized.
So in other words, NFTs could be theoretically used for a next generation digital rights management system or at least as a way to insert unique electronic watermarks into pieces of digital property in a way in which no modifications can be made, or even used for things like providing a verification mechanism for election systems. These are my thoughts on some of the non-financial applications. Others might be for physical asset and inventory control like for retail merchandise or for electronic medical records. The possible applications for the blockchain are limitless.
Yeah, to have your every single move, and everything you buy, even more easily tracked. Just brilliant. smh
"You will own nothing (tangible) and be happy"
Yes that too. It can be used for either good or bad. It all depends on who is using it and what their intentions are.