๐ฅ The Truth About GCV (Global Consensus Value) in Pi Network
๐น The Origin
A few years ago, some Pi pioneers suggested a โGCVโ โ a symbolic price for Pi, meant to encourage holders not to sell too cheap before real utility existed.
๐น The First Number โ $314
Chosen to inspire confidence. But fears arose that people might sell early if they expected Pi to reach $314 too fast.
๐น Raised to $6,700
This was never a real valuation โ just a psychological tool to make Pioneers hold longer.
๐น The Pi Symbol โ 3.14159
Later, $314,159 was suggested because it looks like the digits of ฯ (3.14159). Again, it was only symbolic, not a real price.
โ ๏ธ The Problem
Many misunderstood GCV as an official promise. Some merchants even accepted Pi at GCV rates, only to find Pi trading under $1 on exchanges today.
๐ The Reality Check
Pi Core Team never endorsed GCV.
GCV was a community motivational idea, not a market price.
True value will come from utility, apps, and adoption, not hype.
๐ Takeaway
Piโs future is bright โ but only if we build real ecosystems, not false hopes. GCV was a spark for motivation, not a guarantee.
๐งฟ๐โจ Stay smart. Stay patient. Build real value.
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