Current Status and Challenges of the PI Network
Five years have passed since the founding of the PI Network. With open transactions restricted and large-scale transactions not yet realized, many people are questioning its feasibility. However, this situation holds significant background and future potential.
Differences Between the Traditional Financial System and the PI Network
The current global financial system is a centralized structure centered around the US dollar. In contrast, the PI Network aims to realize a truly global decentralized currency system.
“The PI Network is not just a cryptocurrency; it aims to be a payment system by the people, for the people.”
Significance of 2024
Political Turning Points
2024 will see two important turning points:
- US Presidential Election: Potential for more positive policy developments towards cryptocurrency
- Expiration of the Petrodollar Agreement: Opportunity for restructuring the global financial system
Role of the Community and Future Developments
Active participation from the community is essential for the success of this project, which involves over 65 million Pioneers. Specific actions include:
- Participation in PI Fest
- Vendor registration on PI Map
- Participation in active discussions on the forum
Conclusion: Towards the Realization of an Innovative Financial System
The PI Network is not just a speculative cryptocurrency; it is a project aiming for the innovation of the global financial system. With the arrival of the important turning point in 2024, its feasibility is higher than ever before.