Pi Cryptocurrency — The Next bitcoin?

EPPUR SI MUOVE
5 min readJan 31, 2021

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Cryptocurrency Pi

When Bitcoin hit the market, 1 bitcoin was worth $0.003. In March 2010, user “SmokeTooMuch” auctioned 10,000 BTC for $ 50 (cumulatively) but found no buyer. On May 22, 2010, Laszlo Hanyecz made the first real-world transaction by purchasing two pizzas in Jacksonville, Florida for 10,000 BTC. Today, February 1, 2021, a Bitcoin costs $28,000. The two pizzas Laszlo Hanyecz bought would cost $280M today

PI NETWORK

We tell you some details about the Pi cryptocurrency, a project in charge of a team of specialists who graduated from Stanford University, which seeks to bring the mining process to the user’s mobile phone …

In the cryptocurrency environment, you can find some quite interesting projects. The Pi Network virtual currency is one of them.

The Pi cryptocurrency has been around for a relatively short time. Therefore, many users still do not have much knowledge regarding this new digital currency.

Cryptocurrency Pi — Should We Trust It?

One of the main questions crypto enthusiasts ask when a new unit appears on the market is its reliability.

When investing in a virtual currency, many important elements come into play, not only our money but in many cases, also personal information.

Here we tell you some of the main qualities of the Pi Network cryptocurrency, as well as how reliable it is.

But let’s go by parts and start by getting to know her a little better.

To claim your Pi, follow this link https://minepi.com/perlham123 and use my username (perlham123) as your invitation code.
You will be joining my circle and we will be mining in our mine.

What is the Pi Network cryptocurrency?

The Pi Network cryptocurrency is a project spearheaded by a notorious group of Stanford University graduates that today, exceeds 3.5 million users.

This is extremely striking since its characteristics have managed to captivate so many people in a relatively short time.

Pi Network was conceived as a crypto asset that was easy to access for everyone, based mainly on a peer to peer market system (person to person), without the participation of intermediaries.

In other words, a decentralized system in which any user can get cryptocurrencies equally by mining from their mobile device.

It is a young virtual currency with a very clear focus: favoring a fair obtaining by its users, without the need for intermediaries and prioritizing privacy.

Its mining system is based on the creation of security circles in which different individuals can interact and validate their transactions.

In these “circles” trust is extremely important, since each user must know the other.

It is important to note that at the moment, the Pi cryptocurrency is still in a Beta stage. According to the development team, this is the second of three stages.

However, there are many pioneering users who, in exchange for their services, receive coins for free.

What is the value of the virtual currency Pi?

As it is crypto active in the testing stage, at the moment it has a zero market value, as can be seen on its CoinMarketCap page.

The Pi cryptocurrency can be had, but it cannot be sold, traded, or bought.

When the platform is accessed, only the total number of mined coins can be appreciated.

It is expected that the software that allows trading with the cryptocurrency will be launched in the course of 2021.

In this way, the initial nodules would be established that would provide the possibility of carrying out tests among some selected users.

For the rest of the individuals, the program will remain in its beta stage until its official launch.

Cryptocurrency Pi

To claim your Pi, follow this link https://minepi.com/perlham123 and use my username (perlham123) as your invitation code.
You will be joining my circle and we will be mining in our mine.

How does Pi Network work?

Its operation is simple. You enter the platform and only when you access the main screen will you have all the content at your disposal.

In the upper section, you can see the amount of Pi (π) that you have at your disposal.

Additionally, you will find the following icons:

Chat, in which you can talk about the Pi cryptocurrency with other users
Shield, which symbolizes the number of users within your circle (the minimum being one person and the maximum five)
User icon, which shows the number of people invited by the user and those who are mining.
There is also the symbol of a small lightning bolt, which symbolizes the mining process, which you must press every 24 hours to continue with the mining process.

pi cryptocurrency

You click there and you will start mining And when the coin open to the market it will happen like bitcoin so if you earned 100 for example lets say it gonna be 1pi=5$ total will be 500$

Is the Pi cryptocurrency reliable?

The characteristics of the Pi cryptocurrency, while not something new, are quite interesting.

You can enable mining from your mobile every 24 hours, you can even close the app since the mining process occurs in the cloud, which contributes to not consuming battery.

Also, having to check it only once every 24 hours to keep mining is very convenient.

So is the app reliable?

As mentioned above, the project has not yet reached its final stage, which is why it is difficult to reach an accurate conclusion regarding its reliability.

However, it shows all the signs of being a reliable project.

Its referral system is one of the points that makes users doubt since it can be confused with a pyramid system. To enter you must enter the referral name of the user who has invited you to join.

In this way, they state that you need to know someone within the project to be invited, which creates an “environment of trust and security within it”.

To claim your Pi, follow this link https://minepi.com/perlham123 and use my username (perlham123) as your invitation code.
You will be joining my circle and we will be mining in our mine.

EPPUR SI MUOVE

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EPPUR SI MUOVE
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