WHAT IS THE PI CRYPTOCURRENCY?

WHAT IS THE PI CRYPTOCURRENCY?

Pi Cryptocurrency is an “under creation” cryptocurrency designed by everyday people and addressed to everyday people.

WHAT IS THE PI CRYPTOCURRENCY?

WHAT IS THE PI CRYPTOCURRENCY?

Cryptocurrencies are a new form of digital money for the maintenance and security of a “Network of Everyday People” (Pi Network), taking the place of “states or banks”.

WHAT IS THE PI CRYPTOCURRENCY?

Pi cryptocurrency is at an early stage in forming a network of pioneers who will trust and disseminate it. At this time, anyone can “mine” (that is, acquire) cryptocurrencies, helping to create a secure cryptocurrency environment and expanding the credible network being created. Anyone can mine it through a mobile app.

WHAT IS THE PI CRYPTOCURRENCY?

WHAT IS THE PI CRYPTOCURRENCY?

While most cryptocurrencies (such as Bitcoin) are now extremely difficult to obtain and be used by everyday people, pi cryptocurrency puts the power of cryptocurrencies in the hands of a network (pi network).

The special feature of the pi cryptocurrency is that it is mined or created by a simple application that anyone can download and install on their mobile phone (on a smart phone).

The app does not consume battery power, does not free memory from the device and is environmentally friendly.

 

The Pi cryptocurrency is still in the development stage.

A trial version (BETA) of the network is currently running. The project of π is in the process of development, which means that there are still some bugs that need corrections and details of its final structure which are still fluid.

While most cryptocurrency projects initially deal exclusively with their theoretical structure, p seeks to strike a balance between theory and person-centered design (simply put, the system is tested by users in order to best meet their needs, making it a bottom-up oriented structure.

At this stage its production does not cost anything, and it is not interchangeable. Although p-cryptocurrency is at an early stage, it is very promising under cryptocurrency creation.

See also  Three Phase Development Plan of the Pi Cryptocurrency

 

The Pi Cryptocurrency is NOT easy and fast money.

Pi does not mean easy and quick profit. It is a project with long-term goals, and the success of which depends on the collective contribution of its members.

According to the Pi network white paper regulation π aims to help every person gain a greater share of the financial value that is now accumulated in the hands of banks, colossal companies (eg Facebook, Amazon) and other intermediaries.

The strength of each cryptocurrency is determined by its popularity, so its successful development is based on the collective contribution of its members.

 

What is the value of  the Pi Cryptocurrency?

Right now pi cryptocurrency is worth about $ 0 / dollar, just like Bitcoin was in 2008. A cryptocurrency gains value when it is exchangeable with products or other currencies. , as well as the products and services offered on its platform by network members.

Infrastructures for this digital currency and the corresponding market are being created at the moment through the actions of currency creation, community building and technology development that will ensure its security.

 

You can learn more about the goals, function and structure of p-cryptocurrency and the pi network by clicking here.

Σύνοψη:

  • The p-cryptocurrency is in a very experimental stage at the moment.
  • Its value will be shaped by the collective contribution of network members.
  • When it comes to cryptocurrency exchanges, its value can range from zero to …… .. ????.
  • Since it is an experiment no one can know what will happen !!
  • No one can guarantee the results of an experiment!
  • Therefore the profit for community members can come, it may be late or it will never come …. !!!

The pi cryptocurrency experiment started on March 14, 2019 (a year ago), January 17, 2020, with 2.5 million members registered. At the moment (15/03/2020) there are about 4 million members in the Pi network …… What Does this mean?

  • What will be the strength of this network in creating cryptocurrency?
  • Will it be the cryptocurrency of the future?

Let’s wait patiently for the results of the experiment !!!

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