At 2: 00 am Pacific Standard Time (2019 16 February16), the Pi core team transmitted 10000 π to the owner of the domain name "Pi.app" @89 199, which was the first application of π.
Maybe you think this valuation is a bit outrageous, so let's look back. 20 10 on may 22nd, American programmer Laszlo Hanyecz bought a $25 pizza with 10000 bitcoins. This is the first bitcoin transaction in the real world. What do you think of the current bitcoin price?
On June 65438+February 65438+June 6, 2065438, the official team of Pi spent 10000 Pi coins to buy a domain name worth 300,000 US dollars from the investor Dabao, which is the first transaction of Pi coins in the world!
However, we only spend about a minute every day, as simple as clicking a mobile phone. Many people are getting impatient.
Do you know what Dr. Nicholas does every day? There are dozens of problems to be solved just to create application scenarios, as well as consensus mechanism, speed-up and expansion of public chain, cryptography and block optimization, liquidation, calculation and audit, laws and regulations of various countries, peer-to-peer transmission, transaction frequency, fault tolerance of public chain, etc., all of which are high-tech and difficult problems. Look, Dr. Nicholas is too busy to even shave!
? In our traditional thinking habits, businessmen can't afford to get up early without profit. But pi? The essence of the network core team is not businessmen, but that they are the top academic experts in the world. We can't judge the ideals of cutting-edge people with our own narrow cognition.
? There are always some great men in the world who can get rid of the bondage of material wealth and even give their lives for their careers and ideals. For example, Copernicus would rather burn himself to death in order to adhere to the truth of Heliocentrism; There are also some great revolutionaries who have struggled all their lives to realize their ideals and really regard money as dirt.
The ideal of pi network is to establish a decentralized Huitong barter exchange platform without borders and racial differences, so as to completely overcome all the disadvantages of traditional paper money, which is a great pioneering work in human history! In order to realize the ideal, the core team of Piwang rejected the monopoly investment of the big consortium and the request of the exchange to go online. Its purpose is to avoid excessive concentration of pi coins in the hands of a few people. In order to achieve a fair and just ecology, they resolutely rejected the temptation and bondage of money! Only by understanding the pi network from this angle can we truly understand the pi network.
In short, as the white paper on pi.com clearly stated at the beginning: PI coins are not quick money. If you want to find quick money, please look elsewhere.
Pi coins are not going to any exchange in the near future, so it is difficult to determine the value of PI coins from the market level, but we can predict the future price of PI from the above facts.