"Prejudices in people's hearts are like a mountain - the unknown Pi coin"
On the 12th, OKX said that Pi coins can be deposited, and the Pi mainnet will be launched on the 20th, and Pi can be exchanged for USDT. After this happened, many exchanges also followed suit to support Pi. Pi, which was originally said to be a "pyramid scheme", has attracted more attention.
Even Binance has joined in the fun, asking everyone if they want to trade Pi on Binance?
➤ I support Pi being listed on Binance
1) Pi is not a pyramid scheme project
Many people mistakenly think that Pi is a pyramid scheme, but it is not. Pi is a blockchain project based on Stellar and has real technical support.
It uses the Stellar Consensus Protocol (SCP) and the Federated Byzantine Agreement (FBA), which make transactions fast and secure. Pi's invitation mechanism only has one level of invitation, and it will not have multiple levels of nesting dolls like pyramid schemes.
2) Pi has a large community and user base
Pi's community is very large, especially in Southeast Asia, with millions of users.
These users not only participate in mining, but also actively participate in community building.
Pi also has a large hardware node base, which means it has strong technical support.
3) Pi's KYC design is complex but safe
Pi adopts a KYC design that combines machines and manual work. Although the process is complicated, it can effectively prevent fraud and abuse.
In this way, Pi can ensure the authenticity and security of user identities.
4) Pi's token economy has potential
The total amount of Pi is constant at 100 billion, but currently only about 6 billion Pi coins are mapped from points to the main network, of which 4.5 billion are locked.
This means that the number of Pi coins in circulation after the launch is limited, which helps to maintain its value.
In addition, the number of Pi's main network wallets has exceeded 6 million, and the user base is huge.
5) Pi's negative news is mostly individual behavior and has nothing to do with the project itself
Many people are biased against Pi, mainly because of some negative news.
But most of these negative news are individual behaviors in the community and have nothing to do with the Pi project itself.
The Pi project itself does not encourage or support these behaviors, and the entire project should not be denied because of individual incidents.
$pi
