📍The U.S. Secretary of Commerce declares bringing GDP onto the blockchain – will it really solve the problem? 📌 U.S. Secretary of Commerce Howard Lutnick stated that he will "bring GDP onto the blockchain," saying, "Trump is the crypto president, and we want everyone to use the data." In fact, the Q2/2025 GDP (revised +3.3%) has been hashed with SHA-256 by the Department of Commerce and disseminated across 9 blockchains: Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum, Polygon, Optimism – with financial support from Coinbase, Gemini, Kraken, along with oracle services like Chainlink and Pyth. 📌 But the big question is: Does blockchain really solve the problem? - Paradox: The government has just disbanded data quality oversight committees (FESAC, BEAC), meaning the "input" – how GDP is calculated – is lacking verification. When the foundation is flawed, putting it on the blockchain only makes the error immutable and uncorrectable. - False transparency: GDP is already widely public on FRED or BEA, accessible to everyone. Blockchain does not provide any new information, just adds the label "on-chain." 👉🏻 The only valuable point is the integration of immutable GDP data into DeFi, AI, smart contracts. But this is still long-term potential, and there are currently no products leveraging it immediately because the current web2 has already fully addressed it. 🚨 This is merely a political PR stunt to reinforce Trump’s image as the "crypto president," rather than a genuine reform for the U.S. statistical system.