1. Pi is not like any other cryptocurrency.
Pi coin is like a "blank check"
It has no predetermined value, but rather its value is determined when used by agreement between the two parties.
2. The leader is the bank!
There is no central authority that issues Pi; rather, each user determines the value at the time of exchange and signs it as a trust contract.
3. Closed stage = Values experiment laboratory
All transactions are made by consensus between users, with no official prices or dollar pegs – just an agreed value.
4. The transaction value cannot be changed after use!
If you buy something with 1 pi and you agree that it is worth $1, that pi will not later be worth $300,000, even if the GCV price changes.
5. GCV price is for new bays only.
After the network is opened, only pi that has not been used before will take the new official value (such as $314,159), not pi that has been used before.
6. Pay is not for storage or speculation.
Its purpose is to be a means of exchange for goods and services, not a tool for making quick profits.
Conclusion:
Every pie used in the past remains at its agreed upon price.
The official GCV rate will only apply to new PIs after the network is opened.
The Pi system is built on trust, usage, and agreement, not speculation.
In short: Pi isn't gold you save, it's a tool you use - and every check is cashed once at its price at the time of signing.
✍️ This is just an analysis based on an understanding of the current system, and things may change as the network evolves.
