Conversation with senior friends: People laugh at me for being too 'crazy', I laugh at others for not seeing through

Pi Coin: Six years of hard work, the main network is launched to ignite controversy and expectations

<code>最遥远的距离，是我就在你眼前，你却认定我是骗局。</code>

OKX Exchange announced its support for Pi Coin (pay) trading, causing shock in the cryptocurrency market. This move once again brought the controversial Pi coin, which has been born for six years. Not only other exchanges followed suit, but even Binance launched related votes, which shows that the influence of Pi cannot be underestimated.

Pi Coin's "stand-alone mining" model and lack of on-chain verification have always been questioned. Old cryptocurrency players expressed surprise that their main website was launched, while some Pi coin holders believed that people in the crypto circle had bias against Pi coin and lacked in-depth understanding.

Pi Network has limited official information channels and its founding team is relatively mysterious, which aggravates the outside world's speculation about its authenticity.

Currently, the off-market price of Pi currency fluctuates between 2-5 USDT.

According to the official announcement, Pi Network will officially launch the main network on February 20 to achieve interaction with other networks and applications. However, Pi coins previously obtained through mobile device mining need to complete KYC certification and be moved to the main network before transactions can be conducted.

In order to have a deeper understanding of Pi Coin, Odaily Planet Daily interviewed two senior Pi friends to interpret the past, present and future of Pi Coin from their personal experiences and perspectives.

Ayao: Persist in five years and be optimistic about the future of Picoin

A Yao started mining Pi coins in 2019, and has been actively promoting Pi coins for nearly five years. Later, due to difficulties in monetization, he turned to other fields and is still acquiring Pi coins off-market.

Odaily: How did you get to Pi Coin in the first place?

A Yao: I first learned about Pi coins through WeChat groups. At that time, I was attracted by its founder's Stanford University background and its free participation.

Odaily: What is the mining process and threshold of Pi coins?

A Yao: The threshold for mining Pi coins is low, and you only need to sign in every day in the early stage. However, since the closed main network stage, KYC certification needs to be completed and moved to the main network before transactions can be carried out, and there have always been difficulties in domestic KYC certification.

Odaily: What made you persist in mining for five years?

A Yao: I am optimistic about the blockchain industry. The founder background of Picoin, free participation and promotion mechanism (the more people invited, the faster the mining speed) all prompted me to persevere. Mutual encouragement from the community also plays an important role.

Odaily: Is the promotion model of Pi coins a pyramid scheme?

A Yao: The promotion of Pi coins is not a strict superior and subordinate structure, but is more of a spontaneous behavior to increase mining speed. In the early days, it mainly relied on social translation and dissemination, but as the profits were not seen for a long time, many groups gradually disbanded.

Odaily: Have you participated in offline activities?

A Yao: I mainly engage in online promotion and participate in offline activities less. But I know that some promotion teams will organize offline activities, especially for elderly users.

Odaily: What is the ratio of young people to elderly people during the promotion process?

A Yao: There were many young people in the early days, but they often lacked patience. Later, with the improvement of Chinese materials and the addition of some "disks", the proportion of elderly users increased, and they were relatively more persistent.

Odaily: How do you view the negative reports of Pi coins?

A Yao: Negative reports exist objectively, but Pi coins themselves are free to participate, and the risk is relatively small. Fraudulent behavior exists in any field, and the key lies in identification.

Odaily: What do you feel and plan after Pi Coin is recognized by mainstream exchanges?

A Yao: I am very excited and plan to buy Pi coins as the base position. I think the price of OKX online needs to reach at least 9 USDT or above to be considered successful.

Odaily: What do you think of the price expectations and future development of Pi coins?

A Yao: I think the probability of success of Pi is more than 70%. If successful, its price will be far beyond expectations. But whether it can become second only to Bitcoin remains to be seen.

Deyou: Zero Rush project, user base has exceeded many blockchains

Deyou has been involved in Pi network mining and promotion since 2019, with more than 1,000 people promoting it.

Odaily: Please summarize Pi coins in one sentence.

Deyou: Picoin is an innovative attempt by Web3.

Odaily: What is the reason why you insist on mining and promotion?

Deyou: Accelerate mining, the attractiveness of the project itself, and the persistence of the project party.

Odaily: Have you participated in offline activities?

Deyou: I mainly do offline promotion, the team is not large and I have less participation in offline activities.

Odaily: How does your promotion team work?

Deyou: My team operates relatively loosely, does not have a strict hierarchical structure, and mainly relies on personal influence.

Odaily: How do you view the negative reports of Pi coins?

Deyou: Negative reports are inaccurate. Pi coins themselves are zero-gathering projects, and the risks are relatively low. Fraud is a few examples.

Odaily: How do you feel after Pi Coin is recognized by mainstream exchanges?

Deyou: I am more Buddhist and will not sell Pi coins immediately. I will continue to pay attention to project development.

Odaily: What do you think of the price expectations and future development of Pi coins?

Deyou: Exchange prices fluctuate greatly, so you should not pay too much attention. The final price of Pi coins will not be below $314,159, because the official will eventually support barter trading. The number of users of Pi coins has surpassed many blockchain projects. Whether Pi coins can become second only to Bitcoin still needs time to test.

In short, there are still many uncertainties in the future development of Pi Coin. Whether it is successful depends on whether it can be truly applied and build a complete ecosystem. The experiences and opinions of the two Pi friends provide us with different perspectives on understanding Pi coins.

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