As the launch of 100 decentralized applications (dApps) on the Pi Network approaches, the vast majority of circulating Pi will be used to purchase goods and services through these applications. In just a few days, you will witness massive activity in the markets, and many users will quickly lose their Pi balances – regardless of the size of their balance.
If you are still waiting for your Pi key setup to complete or waiting for the second migration round, this wait may extend from several months to three years. This delay could lead to a halt in transactions, meaning paralysis for the Pi Network's ecosystem. And as with any economy, the system cannot survive without daily trading activity between sellers and buyers.
The bioeconomy needs daily trading.
Just as traditional currencies (FIAT) rely on daily buying and selling activity, Pi needs the same type of activity to thrive. The seller needs money to restock their goods, and the buyer needs money to meet their basic needs. If you only have the equivalent of $500 (about 1.66 Pi), you may be able to cover your needs for only one month without a guarantee for the next month.
And here comes the role of GCV (Global Constant Value).
With GCV, a unified and fair value for Pi will be established, enabling everyone to use their daily balance in transactions, regardless of its amount. Whether you own 1 Pi or 1000 Pi, you will have the same opportunity for daily buying and usage. Just like rich and poor people use traditional cash currencies.
Remember:
Pi is not just a currency to hold, but for everyday use.
Without GCV, Pi will become like other digital currencies that are accumulated by a small class of people.
Without active trading, the Pi Network system will die and its vision and mission will fail.
Open your eyes!
Pi Network is not just a tech project, it is a revolution in the digital economy. Leave traditional ideas behind and get ready to be part of the change.
GCV is the way to achieve the dream of Pi Network and make it a true global currency!