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As the world becomes increasingly digital, cryptocurrency is the next natural step in the evolution of money. #pi is the first digital currency for the common people, representing a significant step forward in the adoption of cryptocurrency worldwide.
Problem: Centralization of First-Generation Cryptocurrencies
The story of #bitcoin illustrates how the centralization of power and money can affect first-generation cryptocurrencies. In its early days, Bitcoin was accessible to anyone with a personal computer, but as the currency gained popularity, mining farms emerged and centralized the power of production and wealth.