Can PI Coin succeed in the future? The future value of the blockchain Pi coin

Pi Coin is a virtual currency, and the exact time when it can be traded cannot be determined, as it can only be started if it is selected by the exchange.

Tips: According to the notices and announcements issued by the People's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, cannot and should not be used as currency in the market circulation, citizens investment and trading virtual currency are not protected by law.

Nothing can be said to be too absolute, but judging by the speed at which it is developing, it can be successful.

Extended information: Pi Coin is an offline intelligent terminal mining project, the project team members are all from Stanford University doctoral scientists, and it is now in the early stage of mining, which can obtain relatively high returns, and the increase in users will continue to halve in the later stage.

Pi coin registration is not limited by region, just through the referrer's invitation code to complete the registration, you can start mining after successful registration, the whole mining process does not consume electricity, and even does not need to be turned on, you only need to click the mining button on the right side of the screen every 24 hours, you can synchronize your own pi coin number with the server, and continue mining. The mining income of Pi Coin will decrease as the number of miners increases, until it disappears. If the total number of people in the network is not **, the PI coins will be issued indefinitely, but once the total number of people reaches the standard, the mining rewards will be reduced, the issuance of PI coins will be deflationary, and it will be difficult to obtain the PI coins.

The economic model of PiCoin has been upgraded from the previous first-generation consensus mechanisms such as Bitcoin and Litecoin. At the end of 2018, there were hundreds of millions of smartphone users in the world, and the number of mobile phone users in the world was more than that of computers, and the number of users of computers was more than that of crypto wallets. Instead of buying professional mining machines like Bitcoin and Litecoin, you have to invest money before you produce it.

The second is that miners attract traffic through the invitation system, and the most important thing is that inviter A and invitee B contribute computing power to each other, and the computing power of the inviter and the invitee are mutually contributed. The interests of global miners of PI Coin are highly aligned. Because either A or B does not mine, the other party is affected.

To put it simply, if the referrer does not mine, he will not get the computing power contributed by him, and if he does not mine, the referrer will not get the computing power you contributed to him, so the computing power contributes to each other and the interests are completely consistent. In the previous economic model, the superior could obtain the benefits of the subordinates, and no subordinates could obtain the benefits of the superiors. And the mechanism of the pi coin completely breaks this mechanism.

In this economic model of mutual contribution of computing power, the interests of global miners are highly consistent, and all global miners are empowering PI coins.

Hello, judging by the speed of its development, it can be successful, so stay tuned.

The likelihood is relatively low.

There are so many virtual currencies, and so many die.

What can you do?

Of course, it's still okay to play around.

A valid invitation code.

Pi coin invitation code: supersusu999

PAI coin invitation code: supersusu999

Coin invitation code: supersusu999

PI is a $100 billion project in the blockchain.

In blockchain, knowledge is wealth. After the picoin mainnet, it is not difficult for the domestic instant appreciation to 200-500 yuan, there is a lock-up system, and the average amount of currency per person is really not much. The first batch of diggers could only trade a few thousand, and most people only had a few hundred in their hands.

It is a fact that seventy percent of miners have only a few hundred coins in circulation, and the remaining 20% have just over a hundred coins in circulation. About 10% of people have more than 1000 base coins in circulation.

Extended information: 1. What does blockchain PI coin mean?

The full name of Pi Coin is Pi Network, which is similar to Bitcoin.

and Ethereum's virtual currency network, discussed by Stanford University.

Developed by a Ph.D. team. PI aims to build a blockchain network that everyone can participate in, as Bitcoin has deviated from its original purpose and has become a speculative instrument of capital, such as Bitcoin, Ethereum, and many other digital currencies.

Mining is overly concentrated due to the high threshold, resulting in most users not being able to participate. PI pioneered the use of a mobile app for mining, which greatly lowered the threshold for virtual currency mining, making PI extremely easy to use and widely agreed.

Pi vs. Pi.

The PI coin was officially released in the United States on March 14, 2019, and March 14 of each year is the PI Day, on which the project party generally releases important information and progress.

2. Advantages of PI coins:

1. Blockchain is the outlet, and the PI coin is the tuyere project that currently has 17 million+ active users.

2. Public chain, everyone participates, no borders, and the miners of PI coin are currently distributed in more than 180 countries around the world.

3. Free, no cost, no mode, no routine, just a smartphone to participate in pi coin mining.

4. It takes a short time, and it only takes about 30 seconds a day to click on pi coin mining.

5. Pi coin allows you to experience and verify the formation of public chain consensus, which is of great help to you to understand the blockchain.

1. The future may be worthless, but we have nothing to lose! But if it's valuable, we don't expect it to be like Bitcoin. Just like the Shang Dynasty was the first to use shells as currency, there is still a Yap Island in the Pacific Ocean, the inhabitants of the island use stones as currency, and metal paper is the most common form of currency at present, and at the same time, WeChat Alipay payment and transfer function is fully popularized, representing the inevitable trend and direction of digital currency evolution in the future.

Many people are still discussing whether digital currencies have value, but they ignore the fact that the essence of money is not value, but consensus. The foundation of the consensus is the founding team of PI and the strong project background.

Summary. According to the relevant national regulations, virtual currency transactions are prohibited, so pi coins will not be successful.

According to the relevant national regulations, virtual currency transactions are prohibited, so pi coins will not be successful.

In 2021, the People's Bank of China issued a notice to further prevent and deal with the risk of speculation in virtual currency transactions. The notice states that virtual currencies do not have the same legal status as fiat currencies. Virtual currencies such as Bitcoin, Ethereum, and Tether have the main characteristics of non-monetary authority issuance, the use of cryptography and distributed accounts or similar technologies, and the existence in digital form, and are not legally compensable, and should not and cannot be used as currency in the market.

Virtual currency-related business activities are illegal financial activities. Carrying out legal tender and virtual currency exchange business, exchange business between virtual currencies, buying and selling virtual currencies as a counterparty, providing information intermediary and pricing services for virtual currency transactions, token issuance and financing, and virtual currency derivatives trading and other virtual currency-related business activities suspected of illegal sale of token tickets, unauthorized public issuance, illegal operation, illegal fundraising and other illegal financial activities are strictly prohibited and resolutely banned in accordance with the law. Where the carrying out of relevant illegal financial activities constitutes a crime, criminal responsibility shall be pursued in accordance with law.

Therefore, when engaging in pi coins, you must take into account the legal risks, if you insist on going your own way, you may cause losses to yourself.

I hope the above is helpful to you.

I wish you all the best.

Summary. The PI node has a security circle trust mechanism, which means that everyone can establish a security circle, everyone can establish their own node, and everyone is the node owner, which is a distributed node, which is completely different from the EOS community super node. Pi node is the skeleton joint that constitutes Pi NetWrok (Pi network), only enough independent nodes can form a huge Pi network, it is through this way of mining, so that the currency will not be concentrated in the hands of a few people, as far as possible distributed to ordinary users, according to the previous statement, 10 million users Pi mining is suspended, then it is likely to have 500-10 million nodes, which is unique in the entire currency circle.

Each node is a small ecosystem, these millions of small ecosystems together constitute the entire PI ecosystem, only these skeletons are enough, in order to support the throughput of the entire PI network, and the more these small nodes, the larger and smoother the whole system, at that time, PI may be unimaginably large, unimaginably big! And you and I are the independent small nodes in the PI network system, the skeleton of the whole system, a part of the whole system, every PI is a node, and the whole world has become a super large node, so that one pi one world is truly realized.

Hello dear, pi coin is very promising and boring. Because PI is a new type of digital currency developed by Stanford University Ph.D., it currently has more than 60 consensus communities in Singapore, South Korea, Japan, Hong Kong, Taiwan and other regions, and more than 1 million consensusers around the world. Jointly create fairness, justice, openness, and decentralization.

The PI node has a security circle trust mechanism, which means that everyone can establish a security circle, everyone can establish their own node, and everyone is the node owner, which is a distributed node, which is completely different from the EOS community super node. Pi node is the skeleton joint that constitutes Pi NetWrok (Pi network), only enough independent nodes can form a huge Pi network, it is through this way of mining, so that the currency will not be concentrated in the hands of a few people, as far as possible distributed to ordinary users, according to the previous statement, 10 million users Pi mining is suspended, then it is likely to have 500-10 million nodes, which is unique in the entire currency circle. Each node is a small ecosystem, these millions of small ecosystems together constitute the entire PI ecosystem, only these skeletons are enough, Zaidan can support the throughput of the entire PI network, and the more these small nodes, the larger and smoother the whole system, at that time, PI may be unimaginably big, unimaginably big!

And you and I are the independent small nodes in the PI network system, the bone in the whole system, a part of the whole system, every PI is a node, and the whole world has become a super large node, so that one pi one world is truly realized.

In fact, the probability of selecting a node with PI depends on its stability and persistence. 80-90% of PI friends don't really understand that PI's success is based on the application of mature economies and communities. The ** of the pi value is the world.

The friends of PI use their coins to participate in the exchange that realizes its true value, and it takes time to barter! In the second phase, it is expected that it will take more than a year to stabilize the value of the PI and mature the community ecology. I remember that I mentioned in the first courseware that the real encrypted digital currency is not used to speculate money, in the exchange of SOHA, nor is it cut by funds, but to truly realize the domestic people's livelihood, so as to achieve real landing applications.

The ultimate goal of PI development is cash and there is no need to exchange any fiat currency! Not to mention the foreign ones, only the domestic ones.

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Pi coin has a promising future, but there are also risks.

Payouts. (PI), by Stanford University.

Built by a Ph.D. team. A virtual currency that can be "mined" on your phone. Relative to mining Bitcoin.

You need enough mining machines, and the way to mine coins is very simple, you need a coins app to mine for free. Through the myth of Bitcoin and Dogecoin, the "digital currency" of various names can be described as "eight immortals crossing the sea, each showing their magical powers".

**, borrowing someone else's ID may upload a file on your own mobile phone. These virtual currency apps may also upload user privacy information during use, allowing users to run naked in the online world.

China Communications Industry Association Blockchain.

Yu Jianing, the rotating chairman of the special committee, reminded investors that a small number of scams in the cloak of blockchain will set a very low threshold for users in the early stage, which is simple to operate and has a low (free) capital threshold, and increases the popularity of the project through the "pulling heads" reward model and a lot of publicity. At the beginning, the project team essentially wanted to build a multi-level distribution system.

In the second stage, the project team announced the virtual currency.

Being able to transfer or trade, there is the possibility of capital circulation, and investors are looking for opportunities to sell a large number of virtual currencies, and the risk of investors will be greatly increased.