Lately it seems that Pi network is growing day by day. Who can touch Bitcoin on the Pi network? Many say that the Pi Network will overtake Bitcoin. I had a bit of a laugh when I heard about the Bitcoin leak. Bitcoin is the number one coin in cryptocurrency. I don't think comparing any coin to Bitcoin is anything but silly. But what is your opinion? If anyone has an idea about pi network, please let me know.
I have given hope on pi network. I took it up to myself that I will see through the end of the project, but it seems I dont even to where am going or if truly it's worth spending time on.
If truly pi will come in to existence, I believe it's fuction is likely to be like USDT where the price remain constant according to the analysis of pi that it's price is equated @π=22/7 which is equal to 3.142 so it's value remain constant which means can not be traded in exchanges. It interface is more likely to be a non custodiall wallet only p2p meaning will not be volitile. And it total supply is in billions making it to be valueless. The relevancy of any commodity is scacity. I think scacity plays a vital roll on making things expensive.
So with all this evidence I believe bitcoin is still the best compeard to any crypto currency. Expecially the topic of discussion (PI) because bitcoin has what pi never had. Bitcoin is limited in supply i.e scacity
Volatility
Uses centralized exchange CEX
Trading
Change in price at every halving/ bullrun.
Etc pi is no where compeard to Bitcoin when I was not fully educated on bitcoin like I am now I always think that pi will save the world but to my greatest suprie here I am prasing Bitcoin because I know the value and don't need anybody to tell me the gap difference.