NikhilxBhatia
Occasional Trader
3.1 Years
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Invitation Code - nikhilxbhatia
minepi.com/nikhilxbhatia
Use my username (nikhilxbhatia) as your invitation code.
Invitation Code - nikhilxbhatia
The Rise of the .pi Domain: A New Frontier for Pi Coin and the Pi Network Ecosystem
In the ever-evolving world of cryptocurrency, the Pi Network has carved out a unique niche by making digital currency mining accessible to millions through a simple mobile app. Launched in 2019 by Stanford graduates Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, Pi Network has grown to boast a community of over 60 million users, known as Pioneers, who mine Pi Coin using their smartphones. As of March 16, 2025, the project has entered an exciting new phase with the introduction of .pi domains, a dev
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Last Chance: Get Your Pi Coins into Your Wallet Before the March 14 Cutoff
Transfer Pi Coins Back to Your Pi Wallet Before March 14 – Here’s Why
As of today, March 12, 2025, the Pi Network community is buzzing with urgency due to an impending deadline that could significantly impact your Pi coin holdings. If you’re a Pi Network Pioneer, you’ve likely heard about the March 14, 2025, 8:00 AM UTC deadline for completing Know Your Customer (KYC) verification and migrating your Pi coins to the Mainnet. This deadline, set by the Pi Core Team, marks the end of the "Grace Period" for users to secure their mined Pi coins. Failing to act by this date could result in losing most of your accumulated Pi—except for what you’ve mined in the last six months. In this detailed article, we’ll explore why transferring your Pi coins back to your Pi Wallet before March 14 is critical, how to do it, and what’s at stake if you don’t.
What’s Happening on March 14, 2025?
The Pi Network, launched in 2019 by Stanford graduates, has been on a mission to make cryptocurrency mining accessible to everyone via a mobile app. After years of development, the project transitioned to its Mainnet phase in December 2021, split into two periods: the Enclosed Mainnet (where transfers were limited within the ecosystem) and the upcoming Open Mainnet (where external connectivity and broader trading will be enabled). The Open Mainnet launch, anticipated for early 2025, is a pivotal moment for Pioneers, as it promises to unlock the full utility and tradability of Pi coins.
However, before this transition can fully take effect, the Pi Core Team has imposed a final deadline: March 14, 2025, at 8:00 AM UTC. This date concludes the Grace Period, an extended window for users to complete two essential steps:
KYC Verification: Proving your identity to ensure you’re a real person, not a bot or duplicate account.
Mainnet Migration: Transferring your mined Pi balance from the mobile app to the Mainnet blockchain, where it becomes usable within your Pi Wallet.
According to posts on X and official Pi Network announcements, failure to complete both steps by this deadline means you’ll forfeit most of your Pi coins—everything except what you mined in the six months prior to migration. This "rolling window" policy is designed to reward active, verified users while discouraging dormant or unverified accounts.
Why Transfer Pi Coins Back to Your Pi Wallet?
The phrase “transfer Pi coins back to your Pi Wallet” might sound confusing at first, especially since your mined Pi technically resides in the Pi app until migrated. However, the urgency stems from ensuring that your coins are properly migrated to the Mainnet blockchain and secured in your Pi Wallet—a noncustodial wallet you control via a passphrase. Here’s why this matters:
1. Avoid Losing Your Hard-Earned Coins
Since Pi Network’s inception, millions of Pioneers have been mining Pi daily. If you’ve been at it for years, your balance could be substantial. However, unverified or unmigrated Pi remains stuck in the mobile app and won’t transfer to the Mainnet after March 14. Without KYC and migration, you’ll lose all but the last six months’ worth of your mined coins. Transferring them to your Pi Wallet (by completing the required steps) ensures you retain your full eligible balance.
2. Prepare for the Open Mainnet
The Open Mainnet, expected in Q1 2025, will allow Pi coins to be traded on external exchanges like OKX, Bitget, or others that have signaled interest. Once migrated to your Pi Wallet on the Mainnet, your coins become transferable—peer-to-peer, to Pi apps, or eventually to external wallets and exchanges. Missing the deadline could lock you out of this opportunity, leaving you with a fraction of your holdings when trading begins.
3. Secure Your Assets
The Pi Wallet is noncustodial, meaning you alone control it via a 24-word passphrase or fingerprint authentication. Once your coins are migrated, they’re in your possession—not on Pi’s servers. This is crucial because losing your passphrase after migration could mean losing access to your coins permanently. Completing the process now gives you time to safeguard your passphrase before the ecosystem opens up.
4. The 14-Day Pending Period
After migration, your Pi coins enter a 14-day “pending period” during which they’re locked and unusable. This buffer ensures network stability and prevents abuse. If you migrate close to or after March 14, you risk complications—technical glitches, delays, or even missing the cutoff entirely. Acting now gets your coins into your wallet and through this period well before the Open Mainnet.
How to Transfer Pi Coins to Your Pi Wallet
Transferring your Pi coins to your Pi Wallet isn’t something you do manually—it’s a process handled by the Pi Core Team once you complete the prerequisites. Here’s a step-by-step guide to ensure your coins make it to your wallet before March 14:
Step 1: Complete KYC Verification
Download the Pi Browser: Available on Google Play Store or iOS App Store.
Sign In: Use your Pi app credentials to log in via the browser.
Access the KYC App: Navigate to the KYC section (often found under “kyc.pi” in the browser).
Submit Identity Documents: Follow the prompts to upload a government-issued ID and verify your identity. This prevents fake accounts and ensures your Pi is tied to a real person.
Wait for Approval: Processing times vary, but with the deadline looming, act fast—delays have been reported due to high demand.
Step 2: Create Your Pi Wallet (If You Haven’t Already)
Open the Pi Browser: Go to “wallet.pi.”
Set Up Your Wallet: Follow the instructions to generate a 24-word passphrase or use fingerprint authentication. Write down your passphrase and store it securely—it’s your only key to the wallet, and Pi Network can’t recover it if lost.
Confirm Wallet Creation: Unlock it with your passphrase or fingerprint to ensure it’s active.
Step 3: Check Your Mainnet Checklist
Open the Pi App: Tap the menu and select “Mainnet Checklist.”
Complete Required Actions: This may include building your Security Circle (adding trusted contacts) and ensuring your referral team members complete KYC. The more verified members, the more of your balance becomes transferable.
Monitor Migration: Once KYC is approved and the checklist is complete, the Pi Core Team will migrate your transferable balance to your Mainnet Wallet. You’ll see it in your wallet after the 14-day pending period.
Step 4: Verify Your Balance
Unlock Your Wallet: Use your passphrase or fingerprint in the Pi Browser.
Check Your Balance: Ensure your migrated Pi appears. If it’s still zero after KYC, it may be in the pending period or stuck due to incomplete steps—double-check the app.
What Happens If You Miss the Deadline?
If you don’t complete KYC and migration by 8:00 AM UTC on March 14, 2025 (that’s 1:30 PM IST, given today’s date of March 12), the consequences are stark:
Loss of Most Pi: Only Pi mined in the last six months before migration will remain. Years of earlier mining efforts will vanish.
Limited Future Access: Even if you complete KYC later, you won’t recover the forfeited coins—they’re gone for good.
Missed Trading Window: With the Open Mainnet approaching, you’ll have fewer coins to trade or use, diminishing your stake in Pi’s potential growth.
Posts on X highlight the chaos: technical glitches are already stalling some Pioneers, and the clock is ticking. Don’t assume you’ll get an extension—this is billed as the “final” one.
Why the Urgency? The Bigger Picture
The March 14 deadline isn’t arbitrary. It’s tied to Pi Network’s shift to a fully decentralized, open ecosystem. The Core Team aims to:
Weed Out Bad Actors: KYC prevents bots and fake accounts from flooding the Mainnet with unearned Pi.
Stabilize Supply: Limiting unverified balances controls the circulating supply, potentially boosting Pi’s value when trading begins.
Reward Active Users: The six-month window incentivizes ongoing engagement, aligning with Pi’s community-driven ethos.
However, this has sparked debate. Some Pioneers see it as unfair punishment for early adopters who’ve faced delays in KYC processing—often beyond their control. Others view it as a necessary step to legitimize Pi as a cryptocurrency.
Act Now—Here’s Your Timeline
It’s 8:30 PM IST on March 12, 2025. You have roughly 41 hours until the deadline (1:30 PM IST on March 14). That’s tight, especially with KYC approval times unpredictable. Start immediately:
Tonight (March 12): Begin KYC and wallet setup.
Tomorrow (March 13): Finish the Mainnet Checklist and troubleshoot issues.
March 14 Morning: Confirm migration is underway or complete.
Final Thoughts
Transferring your Pi coins to your Pi Wallet before March 14 isn’t just about meeting a deadline—it’s about securing your stake in a project that’s been years in the making. With the Open Mainnet on the horizon, Pi could soon be tradable, potentially turning your mined coins into real value. But that future hinges on acting now. Don’t let technical hiccups or procrastination cost you your balance. Complete KYC, migrate to Mainnet, and safeguard your passphrase—your Pi journey depends on it.
Have questions or need help? Drop them below, and let’s navigate this together before the clock runs out!
As of today, March 12, 2025, the Pi Network community is buzzing with urgency due to an impending deadline that could significantly impact your Pi coin holdings. If you’re a Pi Network Pioneer, you’ve likely heard about the March 14, 2025, 8:00 AM UTC deadline for completing Know Your Customer (KYC) verification and migrating your Pi coins to the Mainnet. This deadline, set by the Pi Core Team, marks the end of the "Grace Period" for users to secure their mined Pi coins. Failing to act by this date could result in losing most of your accumulated Pi—except for what you’ve mined in the last six months. In this detailed article, we’ll explore why transferring your Pi coins back to your Pi Wallet before March 14 is critical, how to do it, and what’s at stake if you don’t.
What’s Happening on March 14, 2025?
The Pi Network, launched in 2019 by Stanford graduates, has been on a mission to make cryptocurrency mining accessible to everyone via a mobile app. After years of development, the project transitioned to its Mainnet phase in December 2021, split into two periods: the Enclosed Mainnet (where transfers were limited within the ecosystem) and the upcoming Open Mainnet (where external connectivity and broader trading will be enabled). The Open Mainnet launch, anticipated for early 2025, is a pivotal moment for Pioneers, as it promises to unlock the full utility and tradability of Pi coins.
However, before this transition can fully take effect, the Pi Core Team has imposed a final deadline: March 14, 2025, at 8:00 AM UTC. This date concludes the Grace Period, an extended window for users to complete two essential steps:
KYC Verification: Proving your identity to ensure you’re a real person, not a bot or duplicate account.
Mainnet Migration: Transferring your mined Pi balance from the mobile app to the Mainnet blockchain, where it becomes usable within your Pi Wallet.
According to posts on X and official Pi Network announcements, failure to complete both steps by this deadline means you’ll forfeit most of your Pi coins—everything except what you mined in the six months prior to migration. This "rolling window" policy is designed to reward active, verified users while discouraging dormant or unverified accounts.
Why Transfer Pi Coins Back to Your Pi Wallet?
The phrase “transfer Pi coins back to your Pi Wallet” might sound confusing at first, especially since your mined Pi technically resides in the Pi app until migrated. However, the urgency stems from ensuring that your coins are properly migrated to the Mainnet blockchain and secured in your Pi Wallet—a noncustodial wallet you control via a passphrase. Here’s why this matters:
1. Avoid Losing Your Hard-Earned Coins
Since Pi Network’s inception, millions of Pioneers have been mining Pi daily. If you’ve been at it for years, your balance could be substantial. However, unverified or unmigrated Pi remains stuck in the mobile app and won’t transfer to the Mainnet after March 14. Without KYC and migration, you’ll lose all but the last six months’ worth of your mined coins. Transferring them to your Pi Wallet (by completing the required steps) ensures you retain your full eligible balance.
2. Prepare for the Open Mainnet
The Open Mainnet, expected in Q1 2025, will allow Pi coins to be traded on external exchanges like OKX, Bitget, or others that have signaled interest. Once migrated to your Pi Wallet on the Mainnet, your coins become transferable—peer-to-peer, to Pi apps, or eventually to external wallets and exchanges. Missing the deadline could lock you out of this opportunity, leaving you with a fraction of your holdings when trading begins.
3. Secure Your Assets
The Pi Wallet is noncustodial, meaning you alone control it via a 24-word passphrase or fingerprint authentication. Once your coins are migrated, they’re in your possession—not on Pi’s servers. This is crucial because losing your passphrase after migration could mean losing access to your coins permanently. Completing the process now gives you time to safeguard your passphrase before the ecosystem opens up.
4. The 14-Day Pending Period
After migration, your Pi coins enter a 14-day “pending period” during which they’re locked and unusable. This buffer ensures network stability and prevents abuse. If you migrate close to or after March 14, you risk complications—technical glitches, delays, or even missing the cutoff entirely. Acting now gets your coins into your wallet and through this period well before the Open Mainnet.
How to Transfer Pi Coins to Your Pi Wallet
Transferring your Pi coins to your Pi Wallet isn’t something you do manually—it’s a process handled by the Pi Core Team once you complete the prerequisites. Here’s a step-by-step guide to ensure your coins make it to your wallet before March 14:
Step 1: Complete KYC Verification
Download the Pi Browser: Available on Google Play Store or iOS App Store.
Sign In: Use your Pi app credentials to log in via the browser.
Access the KYC App: Navigate to the KYC section (often found under “kyc.pi” in the browser).
Submit Identity Documents: Follow the prompts to upload a government-issued ID and verify your identity. This prevents fake accounts and ensures your Pi is tied to a real person.
Wait for Approval: Processing times vary, but with the deadline looming, act fast—delays have been reported due to high demand.
Step 2: Create Your Pi Wallet (If You Haven’t Already)
Open the Pi Browser: Go to “wallet.pi.”
Set Up Your Wallet: Follow the instructions to generate a 24-word passphrase or use fingerprint authentication. Write down your passphrase and store it securely—it’s your only key to the wallet, and Pi Network can’t recover it if lost.
Confirm Wallet Creation: Unlock it with your passphrase or fingerprint to ensure it’s active.
Step 3: Check Your Mainnet Checklist
Open the Pi App: Tap the menu and select “Mainnet Checklist.”
Complete Required Actions: This may include building your Security Circle (adding trusted contacts) and ensuring your referral team members complete KYC. The more verified members, the more of your balance becomes transferable.
Monitor Migration: Once KYC is approved and the checklist is complete, the Pi Core Team will migrate your transferable balance to your Mainnet Wallet. You’ll see it in your wallet after the 14-day pending period.
Step 4: Verify Your Balance
Unlock Your Wallet: Use your passphrase or fingerprint in the Pi Browser.
Check Your Balance: Ensure your migrated Pi appears. If it’s still zero after KYC, it may be in the pending period or stuck due to incomplete steps—double-check the app.
What Happens If You Miss the Deadline?
If you don’t complete KYC and migration by 8:00 AM UTC on March 14, 2025 (that’s 1:30 PM IST, given today’s date of March 12), the consequences are stark:
Loss of Most Pi: Only Pi mined in the last six months before migration will remain. Years of earlier mining efforts will vanish.
Limited Future Access: Even if you complete KYC later, you won’t recover the forfeited coins—they’re gone for good.
Missed Trading Window: With the Open Mainnet approaching, you’ll have fewer coins to trade or use, diminishing your stake in Pi’s potential growth.
Posts on X highlight the chaos: technical glitches are already stalling some Pioneers, and the clock is ticking. Don’t assume you’ll get an extension—this is billed as the “final” one.
Why the Urgency? The Bigger Picture
The March 14 deadline isn’t arbitrary. It’s tied to Pi Network’s shift to a fully decentralized, open ecosystem. The Core Team aims to:
Weed Out Bad Actors: KYC prevents bots and fake accounts from flooding the Mainnet with unearned Pi.
Stabilize Supply: Limiting unverified balances controls the circulating supply, potentially boosting Pi’s value when trading begins.
Reward Active Users: The six-month window incentivizes ongoing engagement, aligning with Pi’s community-driven ethos.
However, this has sparked debate. Some Pioneers see it as unfair punishment for early adopters who’ve faced delays in KYC processing—often beyond their control. Others view it as a necessary step to legitimize Pi as a cryptocurrency.
Act Now—Here’s Your Timeline
It’s 8:30 PM IST on March 12, 2025. You have roughly 41 hours until the deadline (1:30 PM IST on March 14). That’s tight, especially with KYC approval times unpredictable. Start immediately:
Tonight (March 12): Begin KYC and wallet setup.
Tomorrow (March 13): Finish the Mainnet Checklist and troubleshoot issues.
March 14 Morning: Confirm migration is underway or complete.
Final Thoughts
Transferring your Pi coins to your Pi Wallet before March 14 isn’t just about meeting a deadline—it’s about securing your stake in a project that’s been years in the making. With the Open Mainnet on the horizon, Pi could soon be tradable, potentially turning your mined coins into real value. But that future hinges on acting now. Don’t let technical hiccups or procrastination cost you your balance. Complete KYC, migrate to Mainnet, and safeguard your passphrase—your Pi journey depends on it.
Have questions or need help? Drop them below, and let’s navigate this together before the clock runs out!
Will Binance List Pi Coin ??
As the cryptocurrency market continues to evolve, one question has been buzzing among enthusiasts and investors alike: Will Binance, the world’s largest cryptocurrency exchange, list Pi Coin on its app? Pi Network, a mobile-first blockchain project launched in 2019 by Stanford graduates, has garnered a massive following, boasting over 100 million downloads and millions of active users. With its recent Open Mainnet launch on February 20, 2025, speculation about a Binance listing has reached a fev
Last Chance: Get Your Pi Coins into Your Wallet Before the March 14 Cutoff
Transfer Pi Coins Back to Your Pi Wallet Before March 14 – Here’s Why
As of today, March 12, 2025, the Pi Network community is buzzing with urgency due to an impending deadline that could significantly impact your Pi coin holdings. If you’re a Pi Network Pioneer, you’ve likely heard about the March 14, 2025, 8:00 AM UTC deadline for completing Know Your Customer (KYC) verification and migrating your Pi coins to the Mainnet. This deadline, set by the Pi Core Team, marks the end of the "Grace Peri
As of today, March 12, 2025, the Pi Network community is buzzing with urgency due to an impending deadline that could significantly impact your Pi coin holdings. If you’re a Pi Network Pioneer, you’ve likely heard about the March 14, 2025, 8:00 AM UTC deadline for completing Know Your Customer (KYC) verification and migrating your Pi coins to the Mainnet. This deadline, set by the Pi Core Team, marks the end of the "Grace Peri
Don’t be fooled by manipulations!
Short-term price movements do not define the real value of a project. Strong ecosystems and community-driven networks will always prevail. Stay informed, stay patient, and trust in decentralization!
Short-term price movements do not define the real value of a project. Strong ecosystems and community-driven networks will always prevail. Stay informed, stay patient, and trust in decentralization!
Don’t fall for market manipulations!
Centralized exchanges and institutional investors try to dictate the market, but the real power lies within the community! Strong projects don’t lose value because of short-term price movements. Decentralization should be in the hands of millions, not a select few!
Community-driven projects build the future for users, not manipulators. Those who stand for financial freedom and transparency should support truly decentralized projects, not centralized entities!
No panic, no manipulation! The future of finance is in the hands of the people!
Centralized exchanges and institutional investors try to dictate the market, but the real power lies within the community! Strong projects don’t lose value because of short-term price movements. Decentralization should be in the hands of millions, not a select few!
Community-driven projects build the future for users, not manipulators. Those who stand for financial freedom and transparency should support truly decentralized projects, not centralized entities!
No panic, no manipulation! The future of finance is in the hands of the people!
Bybit CEO: "Pi Network is more dangerous than meme coins..."
Bybit founder Ben Zhou believes Pi Network targets people who lack crypto knowledge, creating unrealistic expectations—unlike the meme coin game.
“A lot of people ask whether we will list Pi on Bybit. We haven’t interacted much with this project, but we have conducted basic evaluations, just like with other cryptocurrencies,” Ben Zhou told VnExpress on March 6.
Bybit CEO questions Pi Network’s legitimacy, calls it riskier than Meme Coins
Ben Zhou raised concerns about Pi Network’s long delays and questionable value.
“They advertise that you just press a button and get a lot of money. But they don’t explain how the money is made. Many people receive nothing, while there are occasional data leaks,” Zhou said, suggesting Pi Network resembles a Ponzi scheme where latecomers pay for early adopters.
According to Zhou, this makes Pi Network even riskier than meme coins because it targets non-crypto users who lack industry knowledge.
On February 13, Zhou first stated that Bybit would not list Pi, recalling past experiences where elderly investors demanded refunds after losing money. His comments sparked backlash, with some accusing Bybit of being “unqualified” for a Pi listing.
In response, Zhou claimed Pi Network was a scam, arguing that instead of addressing concerns, the project’s supporters attacked him. Pi Network later denied involvement, stating they were impersonated and did not target Zhou on social media.
Share your thoughts ??
Bybit founder Ben Zhou believes Pi Network targets people who lack crypto knowledge, creating unrealistic expectations—unlike the meme coin game.
“A lot of people ask whether we will list Pi on Bybit. We haven’t interacted much with this project, but we have conducted basic evaluations, just like with other cryptocurrencies,” Ben Zhou told VnExpress on March 6.
Bybit CEO questions Pi Network’s legitimacy, calls it riskier than Meme Coins
Ben Zhou raised concerns about Pi Network’s long delays and questionable value.
“They advertise that you just press a button and get a lot of money. But they don’t explain how the money is made. Many people receive nothing, while there are occasional data leaks,” Zhou said, suggesting Pi Network resembles a Ponzi scheme where latecomers pay for early adopters.
According to Zhou, this makes Pi Network even riskier than meme coins because it targets non-crypto users who lack industry knowledge.
On February 13, Zhou first stated that Bybit would not list Pi, recalling past experiences where elderly investors demanded refunds after losing money. His comments sparked backlash, with some accusing Bybit of being “unqualified” for a Pi listing.
In response, Zhou claimed Pi Network was a scam, arguing that instead of addressing concerns, the project’s supporters attacked him. Pi Network later denied involvement, stating they were impersonated and did not target Zhou on social media.
Share your thoughts ??
The Ongoing Battle Over Daylight Saving Time: Should We Lock the Clock?
The debate surrounding Daylight Saving Time (DST) in the United States is a longstanding and multifaceted issue that continues to spark public and legislative interest. The practice of adjusting clocks forward in the spring and back in the fall, originally intended to make better use of daylight during the warmer months, has evolved into a polarizing topic. Proponents of making DST permanent, such as Senator Rick Scott, argue that it could bring several benefits. The Sunshine Protection Act, whi
Bitcoin was just the beginning. Many projects have followed in its footsteps, and this is an undeniable fact. However, over time, most have lost their decentralized nature, evolving into centralized entities. So, which projects should we support, and what should we look for?
For a project to be truly decentralized and sustainable, two key factors matter the most: ecosystem transparency and community strength.
✔ Transparency – Open-source, resistant to centralized intervention, and fully auditable.
✔ Community strength – A project should not be driven solely by investors but by an active and independent user base.
True decentralization is shaped by the community and built by the community. The projects that will define the future are those controlled and supported by individuals, not centralized entities.
For a project to be truly decentralized and sustainable, two key factors matter the most: ecosystem transparency and community strength.
✔ Transparency – Open-source, resistant to centralized intervention, and fully auditable.
✔ Community strength – A project should not be driven solely by investors but by an active and independent user base.
True decentralization is shaped by the community and built by the community. The projects that will define the future are those controlled and supported by individuals, not centralized entities.
🚨 Big Alert Community! 🚨
#Binance is rumored to list $PI on March 14 #Piday , aligning perfectly with Pi Day- a big day for all the Pioneers around the globe 🌍🎉
If Pi Day 2025 goes as planned, $PI might just outperform #Cryptos like #SUI & $TON in price before the month ends! 🚀🔥 $3.14 is coming 🚀🚀
Are you ready for this? Comment #Binance below if you want to see #Picoin on Binance 🔥🔥
#Bitcoin vibes everywhere
#Binance is rumored to list $PI on March 14 #Piday , aligning perfectly with Pi Day- a big day for all the Pioneers around the globe 🌍🎉
If Pi Day 2025 goes as planned, $PI might just outperform #Cryptos like #SUI & $TON in price before the month ends! 🚀🔥 $3.14 is coming 🚀🚀
Are you ready for this? Comment #Binance below if you want to see #Picoin on Binance 🔥🔥
#Bitcoin vibes everywhere
THE UNITED STATES ESTABLISHES A DIGITAL CURRENCY RESERVE - KEY INFOMATION (1/4)
The United States has established a digital currency reserve fund. Below are the key details about the plan to incorporate Bitcoin into this reserve fund:
👉The United States is establishing a digital currency reserve, accumulating Bitcoin by using Bitcoin seized in criminal or civil legal proceedings.
👉This Bitcoin will be maintained as a store of reserve assets and will not be sold.
👉The Department of the Treasury and the Department of Commerce may develop budget-neutral strategies to acquire additional Bitcoin.
👉Additionally, the U.S. is setting up a Digital Asset Reserve for other seized digital assets.
👉The government will not purchase additional assets for the Digital Asset Reserve beyond the amounts seized.
In-depth Analysis of the U.S. Establishing a Digital Currency Reserve and Accumulating Bitcoin
The United States has officially established a digital currency reserve, with a focus on accumulating Bitcoin through the use of Bitcoin seized in criminal or civil legal proceedings. This move not only marks a turning point in how the U.S. government views cryptocurrencies but also has the potential to shape the future of Bitcoin and the global digital asset market. Below is an in-depth analysis of this issue, along with predictions about what might happen to Bitcoin in the future
The United States has established a digital currency reserve fund. Below are the key details about the plan to incorporate Bitcoin into this reserve fund:
👉The United States is establishing a digital currency reserve, accumulating Bitcoin by using Bitcoin seized in criminal or civil legal proceedings.
👉This Bitcoin will be maintained as a store of reserve assets and will not be sold.
👉The Department of the Treasury and the Department of Commerce may develop budget-neutral strategies to acquire additional Bitcoin.
👉Additionally, the U.S. is setting up a Digital Asset Reserve for other seized digital assets.
👉The government will not purchase additional assets for the Digital Asset Reserve beyond the amounts seized.
In-depth Analysis of the U.S. Establishing a Digital Currency Reserve and Accumulating Bitcoin
The United States has officially established a digital currency reserve, with a focus on accumulating Bitcoin through the use of Bitcoin seized in criminal or civil legal proceedings. This move not only marks a turning point in how the U.S. government views cryptocurrencies but also has the potential to shape the future of Bitcoin and the global digital asset market. Below is an in-depth analysis of this issue, along with predictions about what might happen to Bitcoin in the future
WHY DO THEY CALL PI NETWORK A SCAM & PYRAMID SCHEME? WHAT ARE THEY AFRAID OF?
Since its inception, Pi Network has been constantly attacked by a segment of crypto OGs and Bitcoin elites, even being labeled as a "pyramid scheme" or a "scam." But do they really care about Pi Network's model, or are they just afraid it threatens their dominance?
The truth is, behind these accusations lies a much deeper fear. Pi Network isn’t a scam—it’s a disruption to the status quo that has benefited the elite few.
1. PI NETWORK DISRUPTS THE "WEALTH DISTRIBUTION" MODEL THAT CRYPTO OGs REL
The truth is, behind these accusations lies a much deeper fear. Pi Network isn’t a scam—it’s a disruption to the status quo that has benefited the elite few.
1. PI NETWORK DISRUPTS THE "WEALTH DISTRIBUTION" MODEL THAT CRYPTO OGs REL
🚨 BREAKING: President Trump has signed an Executive Order to establish a Strategic Bitcoin Reserve
The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called “digital gold.”
The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called “digital gold.”
👀Satoshi Nakamoto reappears after 17 years, only to talk about Pi and Bitcoin’s limitations. Meanwhile, Nicolas Kokkalis has mysteriously disappeared since 2023. Could something special be unfolding to meet the massive expectations of Pioneers on Pi Day?
But I love the mystery, it sparks the imagination of Pioneers! The answer will come soon! ⏳
Any thoughts 💭
But I love the mystery, it sparks the imagination of Pioneers! The answer will come soon! ⏳
Any thoughts 💭
BREAKING: 🇺🇸 President Trump signs executive order officially creating a Bitcoin Strategic Reserve.
👀Frustration with Binance is growing as Pioneers lose patience. Binance's app is now flooded with 1-star reviews on Google Play. 🔥 #PiNetwork
Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime.
It is estimated that the U.S. government owns about 200,000 bitcoin; however, there has never been a complete audit. The E.O. directs a full accounting of the federal government’s digital asset holdings.
The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called “digital gold.”
Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion in lost value. Now the federal government will have a strategy to maximize the value of its holdings.
The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers.
IN ADDITION, the Executive Order establishes a U.S. Digital Asset Stockpile, consisting of digital assets other than bitcoin forfeited in criminal or civil proceedings.
The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.
The purpose of the Stockpile is responsible stewardship of the government’s digital assets under the Treasury Department.
PROMISES MADE, PROMISES KEPT
President Trump promised to create a Strategic Bitcoin Reserve and Digital Asset Stockpile. Those promises have been kept.
This Executive Order underscores President Trump’s commitment to making the U.S. the “crypto capital of the world.”
I want to thank the President for his leadership and vision in supporting this cutting-edge technology and for his rapid execution in supporting the digital asset industry. His administration is truly moving at “tech speed.”
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime.
It is estimated that the U.S. government owns about 200,000 bitcoin; however, there has never been a complete audit. The E.O. directs a full accounting of the federal government’s digital asset holdings.
The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called “digital gold.”
Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion in lost value. Now the federal government will have a strategy to maximize the value of its holdings.
The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers.
IN ADDITION, the Executive Order establishes a U.S. Digital Asset Stockpile, consisting of digital assets other than bitcoin forfeited in criminal or civil proceedings.
The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.
The purpose of the Stockpile is responsible stewardship of the government’s digital assets under the Treasury Department.
PROMISES MADE, PROMISES KEPT
President Trump promised to create a Strategic Bitcoin Reserve and Digital Asset Stockpile. Those promises have been kept.
This Executive Order underscores President Trump’s commitment to making the U.S. the “crypto capital of the world.”
I want to thank the President for his leadership and vision in supporting this cutting-edge technology and for his rapid execution in supporting the digital asset industry. His administration is truly moving at “tech speed.”
I appreciate every leader in the $Pi community who invested heavily in the education of their local communities through several platforms.
The major reason why many people did not dump their Pi after the listing was because of the level of awareness achieved through community building efforts.
Otherwise, the dump would've been like several tap projects and mining copycats we've seen in this space.
Good job, great non-conforming pioneers!
The major reason why many people did not dump their Pi after the listing was because of the level of awareness achieved through community building efforts.
Otherwise, the dump would've been like several tap projects and mining copycats we've seen in this space.
Good job, great non-conforming pioneers!
$Pi achieved the ranking of 11th most valuable crypto in the world without a Binance or Coinbase listing.
All the other cryptocurrencies from 1-10 above Pi are listed on Binance.
What do you think will happen after Binance and Coinbase lists Pi?
What do you think will happen after the Pi Network ecosystem starts full operations?
All the other cryptocurrencies from 1-10 above Pi are listed on Binance.
What do you think will happen after Binance and Coinbase lists Pi?
What do you think will happen after the Pi Network ecosystem starts full operations?
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