✍️🎑✈️✈️✈️🎁Pi Network: Understanding Scarcity and Value
1. Mining Rate Declines:
As the Pi Network grows, the mining rate declines. Today, it would take over 20 years to mine even 1,000 Pi at the base rate, making large balances increasingly rare.
2. Long-held Belief Among Pioneers:
Many early adopters have been mining Pi for years, confident in its long-term potential. Rather than seeking quick profits, they value Pi for its role in the ecosystem. This dedication makes them unlikely to sell their coins cheaply, especially when demand is high.
3. Scarcity at Launch:
A significant portion of Pi’s supply will remain unavailable at launch due to KYC delays and voluntary shutdown periods. Additionally, if the Pi Network chooses to burn coins, the circulating supply could shrink even further, increasing scarcity.
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