🔵 PI NETWORK IS NOT A STABLECOIN – AND THAT’S A GOOD THING! — My personal opinion A lot of people have been asking lately: “Why doesn’t Pi become a stablecoin to make it easier to value?” The answer is simple: Because Pi wasn’t born to be a stablecoin — and that’s a good thing. 1. Pi Network is a revolution, not a traditional financial project Pi is not built by large financial funds or banking institutions. It is a global movement where value is created by the community, not by capital. 2. The “Genius Bill” changed the rules of the game After the US signed this law, only stablecoins backed 1:1 by USD or short-term US bonds will be recognized. That means: ⛔ Algorithmic stablecoins like TerraUSD have no chance. ⛔ Pi does not qualify as a traditional stablecoin. 3. Pi Network has a different mission Pi is not focused on “holding the price in USD” but aims to: ✅ Increase real utility ✅ Create a decentralized commerce ecosystem ✅ Unleash the power of the community instead of banks 4. TerraUSD's collapse is a costly lesson In May 2022, TerraUSD lost value in just 1 week, wiping out more than $45 billion. That event caused US regulators to lose confidence in algorithmic stablecoins. If Pi ever wanted to go that way, that door is now closed. 5. Stablecoins don't liberate anyone USD stablecoins are just digital copies of the US dollar. They are not sovereign currencies — they are dependent on the old financial system. 6. Pi takes a different path: not chasing fiat money, but creating real value Pi does not need to be a stablecoin to have value. Pi's value comes from: 💡 Trust and contribution of users 🛠️ Real-life applications 🤝 Fair transactions between people ✅ CONCLUSION Stop asking: "How much is Pi?" Start asking: "What is Pi used for?" We are not following the old system — we are building a new system. A world where value is created by people, not banks. 🔔 Note: This article represents my personal opinion, not representing the Core Team or any official organization of Pi Network #pifull
Let's be realistic: if you sell your Pi now at $0.45 and it subsequently surges to $60 within the next 1 or 2 years, will you be able to forgive yourself? #CryptoMarket4T $Pi
There was a time someone from Coderstech Academy was dragging it with me that $Pi from Pi Network can never see Tier1 Exchanges Listing talkless of hitting $100M Market Cap because the platform integrated Google Ads!
It's 137 Days ago today that Pi has been listed on Tier1 Exchanges & still a $3.5B+ Market cap crypto asset. $Pi $BTC #BTC120kVs125kToday #USCryptoWeek
Bitcoin hits new high above $120,000 as U.S. lawmakers begin ‘Crypto Week’ We believe that Bitcoin’s surge is driven by longer-term institutional buyers and this will propel it to $125k in the next month or two, Jeff Mei, chief operating officer at cryptocurrency exchange BTSE, said in a statement sent to CNBC.
Key Points
1)The price of bitcoin traded above $123,000 at its peak point on Monday.
2)The fresh highs come amid strong bitcoin ETF inflows and moves from U.S. policymakers aimed at clearer regulation for the industry.
“Trump’s trade disputes with the likes of the EU, Mexico, and other trading partners could cause dips in the week ahead, but it’s likely that Bitcoin’s institutional buyers are discounting this risk and maintaining their positions that Bitcoin will still appreciate in the long run,” he added. $BTC #USCryptoWeek #BTC120kVs125kToday #StrategyBTCPurchase
Bitcoin's price surge today is a notable event, with the cryptocurrency trading at around $120,418.84. This upward trend is supported by strong technical indicators and growing institutional interest. Analysts predict that Bitcoin could reach new highs, with targets ranging from $121,000 to $127.6K in the near term.
Key Factors Driving the Surge: - Institutional Adoption: Increased investment from large financial institutions and corporations lends credibility and injects substantial capital into the asset class.
- Macroeconomic Factors: Global economic conditions, such as inflation concerns and quantitative easing policies, drive investors towards alternative assets like Bitcoin.
- Technological Developments: Continuous improvements to the Bitcoin network increase confidence in its long-term viability and utility. - Whale Activity: Major transactions over $100K are increasing, signaling accumulation and potential further price growth.
Technical Analysis: - Bitcoin has broken out above key resistance levels, with the Relative Strength Index (RSI) indicating continued bullish momentum. - Support zones around $89,000 and $111,700 are crucial for maintaining the uptrend. - Resistance zones at $121,000 and $130,500 may pose challenges, but analysts remain optimistic
Market Sentiment: The overall market sentiment is bullish, with many analysts predicting further gains. However, caution is advised due to potential volatility and regulatory scrutiny. #BTC120kVs125kToday