Let’s say 1 Pi is worth $2. When 100 decentralized applications (dApps) are launched, within a few days most of the Pi in circulation will be transferred to these applications due to buying and selling of goods and services. Most users will burn through their Pi balance, regardless of how much they have.
If you wait for your Pi to expire, it can take several months to three years. Waiting for the second wave of migration is also a long time. The result is that the ecosystem will die from the absence of transactions. Economies need daily trading to maintain stability.
This is similar to the traditional monetary system (FIAT). There must be daily transactions between the market (sellers) and buyers to ensure the stability of the economy. Sellers need money to accumulate and sell goods, and buyers need money to buy their daily needs. If you have the equivalent of $100 (50 Pi), you can survive a week without knowing what will happen the next day.
For this reason, GCV will be the official value of Pi. Pi is money, created to be used daily in economic transactions, not just stored. With GCV, all Pi owners, whether they own 1 Pi or thousands of Pi, will be able to use it daily to meet their various needs. If owners of 1 Pi can shop for a long time, owners of thousands of Pi will be able to buy luxury goods for a long time, just like ordinary, wealthy people in the traditional monetary system.
Understand these simple facts and logic to understand the concept of GCV. Without GCV, Pi will not spread as a global currency, but will be concentrated in the hands of a few like traditional cryptocurrencies. With this, the Pi Network will die, failing to achieve its vision and mission. The journey will end here.
Friends, open your eyes!! Pi Network is something completely new.
GCV will definitely win to ensure the success of Pi Network's vision and mission!! 🔥👑🔥👑
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