A disappointing start, yesterday I thought that according to the white paper of the project it is a currency for trading goods and manufacturing supplies in all its forms, and I found videos in China accepting sales for Pi and at the consensus price which is 314159 and this is according to meetings held by pioneers in China, Thailand, Singapore, Malaysia and Indonesia, what I was writing is not from my imagination, but now I have no expectations about what will happen.
The project's white paper says that it has addressed the problems of Bitcoin mining, which consumes high levels of electricity, meaning that it is not friendly to the planet, and that it is used for exchange with goods and services via applications within the ecosystem. It also says that mining will not end as Bitcoin mining does, due to the small number of Bitcoins, and that it does not achieve justice for a large percentage of people to obtain it, and obtaining it at exorbitant costs. As for the Pi currency, its mining costs are zero, as it depends on the mobile phone.
Finally, this is what I found and based on it I wrote my previous article. I am currently surprised that it is an unstable currency, so how can it be a currency for trade, goods and services? Also, the demand for it is not as great as I thought. I thought it would exceed 5 billion dollars on the first day, but this did not happen.
I feel disappointed like you