#Pi Coin
Expectations and Mystery Behind A Digital Asset.
Do you believe in Pi GCV?
Or do some who have been proclaimed to transact with #Pi coin at GCV price, are in the know, of which most of us don't have a clue?
Pioneers own the Digital Asset, mined over a few years.
The Perogative to tag a price to the digital asset is their privilege.
And #PI has proven itself as a medium of exchange to barter for goods and services across scattered regions and communities globally.
Real human beings are engaged conducting transactions.
Plainly said, #Pi coin is a digital currency.
Technically or scientifically, Pi is a formula, a mathematical measurement.
In real existence, the GCV is mind boggling.
Traded within an enclosed ecosystem, there's no issue to speak of.
However an enclosed ecosystem still need to integrate with the real open world.
Goods and services within the enclosed ecosystem originate from the real world producers.
To accept #Pi coin as payment at Pi GCV value, where or which financial institution can facilitate withdrawal to merchants who need to use fiat cash?
Outside of the Pi ecosystem, who wants to receive #Pi coin as payment for goods, labour or service charge? Anyone?
Fiat is used to facilitate all process of production.
It's Noble and Praiseworthy that the Pi Core Team aims to empower everyone who share their vision with a digital asset that can empower and lift many out of poverty.
But however ambitious, value has to be backed up by proof of assets which any financial entity will accept in exchange for theirs.
Is there a secret formula PCT has to attain immense value?
Or is the GCV team so convincing with their consensus making it their mandate?