Metaverse MATRIX of Mendacity (simulation)

"It's all a game. It's a thought experiment. We're in the MATRIX." Erin Valenti, Oct 7, 2019:

A metaverse is a virtual world in which users interact while represented by avatars, typically in a 3D display, with the experience focused on social and economic connection.

Overview of the Simulation Hypothesis
The simulation hypothesis posits that what we experience as reality is actually a simulated environment created by an advanced civilization. This idea has gained traction in philosophical and scientific discussions, particularly since philosopher Nick Bostrom published his influential paper in 2003 titled “Are You Living in a Computer Simulation?” In this paper, Bostrom argues that at least one of the following propositions must be true:

Civilizations rarely reach the technological capability to create realistic simulations.

Advanced civilizations that can create simulations choose not to do so.

We are almost certainly living in a computer simulation.

If the third proposition is true, it implies that the number of simulated realities could vastly outnumber the one base reality, making it statistically likely that we are living in a simulation.

Web3 (also known as Web 3.0 in some usage) is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, tokenomics, and privacy-enhancing technologies. This is distinct from Tim Berners-Lee's concept of the Semantic Web.

A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. Initially pitched in 2017 as a new class of investment asset, by September 2023 one report claimed that over 95% of NFT collections had zero monetary value.

Privacy-enhancing technologies (PET) are technologies that embody fundamental data protection principles by minimizing personal data use, maximizing data security, and empowering individuals. PETs allow online users to protect the privacy of their personally identifiable information (PII), which is often provided to and handled by services or applications. PETs use techniques to minimize an information system's possession of personal data without losing functionality. Generally speaking, PETs can be categorized as either hard or soft privacy technologies.

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