Nonfungible Token System (NFT's) for our [Fed/Fraud Free] Treasury

Nonfungible Token System (NFT's) for our [Fed/Fraud Free] Treasury - Jake - 03-17-2023

This post is sort of related to the one about requiring itemized receipts for government expenditures, and will be especially important if our updated system phases out classical taxes, utilizing the more optimal design of a modern treasury. NFT's should not be confused with e-currency such as Bitcoin, although they use the same technology...for instance a Bitcoin is an NFT, NFT's being a class.

In order to prevent people embezzling and keep at bay people trying to once again hijack our Treasury (which they of course will, like there will always be adolescents who vandalize), NFT's would be a go to approach due to their non-fungible nature, fungible the technological equivalent of counterfitable. Although they can be, it is much, much, much more difficult to, with the processing power/electricity required to crack a key almost more than the token is worth. Employing such tech would be wise in order to encourage its advancement, especially with quantum computers on the rise.

The better tech to use would be the new ICP Web 3.0 protocol (https://kindgeek.com/blog/post/web-3-0-a...-new-world) because it is a cutting edge revamped top down approach which almost eliminates the major issue of the CPU processing/carbon footprint caused by the older protocols, and is also even more difficult to fung. (And in fact an entire transition to Web 3.0 would be a wiser approach...more on that in other posts.)

With NFT's and other novel tech, truly modern and relatively secure digital currency would be a reality, which would be a very wise business move on the behalf of Texans because we are one of the most dense economic powerhouses in the world, which normally gives us an advantage already, but on top of that, our economy has the most internet tech companies per capita...and on top of that and almost more important is the fact that the USD is the world reserve currency, which combined with the former would give us alone, hands down, the best numbers and most opportunistic pathways available in the entire world to best expedite the world's adoption of an advanced monetary system per said, which would naturally flow through an entire update for the www. system (World Wide Web) as well, which is very needed, especially for people who want their own websites and VPN's with less hassle. Right now, the way that the web domain system is set up is pretty ad hoc, it having exploded almost overnight. The govt ICANN system basically has a clause written into the law that says that it owns EVERY possible website imaginable, which means ANY address you could think of...even if it hasn't been imagined yet. I'm not sure how, but these rights are delegated out to registrar companies who pay the government for the license, who then make profit selling domains...intellectual property that you already should own, which is not precisely American, kind of like toll roads...or perhaps like being made to pay to be on public property. It's your imagination, so a domain you come up with should be yours if you file it, then you should be able to sell it yourself, YOU making the profit, not some rich guy with connections, that kind of shenanigans can sprout criminal empires and we can sue for it being a Deprivation.

One last thought and that is that a Web 3.0 like system would go well towards phasing in free internet (perhaps with a phase-in subsidization program stipulated in proposed eGov system) just like we have free highways and most importantly--a system of a more universal global currency would serve to eliminate possibly the second biggest scam upon the world's hard working classes after the Fed, which is the currency disproportionality issue causing natural market competition to be forced to abuse it, specifically by international companies, which must be rerouted, because Texit.pro knows the achillies heel...having a legal/logical reason it should, which would benefit all...more on all of these issues in other posts.