An important question and the answer to it:
The question: Do you think Pi Network can really build a real economy around its currency in light of the documentation delays and the lack of actual trading so far?
Do you think the large number of currencies available in the future could cause inflation and affect their value, as sometimes happens with other currencies?
The answer: Yes, the Pi currency can build a real economy, but it needs to fulfill its promises faster and open the market wider regardless of the speed of documentation because the number they have started with so far is excellent, and according to demand, the documentation is being expedited. They even added the feature of documentation through Banxa for those in a hurry, but on the condition that they purchase at least $20 worth of Pi currency, which encourages ownership, use, and increases demand compared to the current supply on platforms.
Can a large number of currencies cause inflation?
Of course, it would cause inflation because if 100 billion coins were flooded into the market all at once or randomly, it would create massive inflation, and the price of the currency would be less than coffee.
But what exists currently, as I explained, is about 7 to 10 billion, and the majority of them are locked for a certain period. The Pi team always confirms that distribution or mining will be gradual over a very long time (tens and hundreds of years), and if this happens as they say, it will reduce the impact of inflation in the future, especially if it has actual use in daily life and there is demand for it, so we won't feel any inflation.
But in the end, the value of the currency is determined by a simple principle:
"Is there real demand meeting the supply?"
If there is strong real demand for Pi because people are using it, even if the supply is large, it may continue to maintain its value.
Currently, the goal is to make it a payment currency for individuals and institutions, and then banks.
Alongside Web 3, of course... meaning it encompasses many things.