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📌 Pi Network & GCV – The Global Consensus Value 1. What is GCV? GCV (Global Consensus Value) is the price level that the global Pi Network community agrees to adopt when exchanging goods and services using Pi. This is not a value dictated by exchanges, but rather a...

17,634 Aufrufe • vor 1 Jahr •via X (Twitter)

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Thanks to Mr. Woody Lightyear from Africa Nigeria and Dr. Gharbi Ahmed from Arabic Tunisia extraordinary leadership and hardworking! Also thanks to Chinese community leaders, merchants, pioneers inspiration and real barter huge amount transactions to support GCV ! Thanks to the global community leaders and pioneers support! Now GCV has been acknowledged by most Pi Network global communities and gained a lot of support! Newsway Founded in 2014 by T.I UKENDE, It states:" NEWSWAY can offer you Verifiable information on Blockchain technology and digital assets. We now serve customers all over the world, and are thrilled that we’re able to turn our passion into a well recognized website." The following is today's article passed all over the world Pi Network community from US expertise freelancer Ms. Grace Owell. Thanks to her excellent outstanding article which can see her sharpness and insight to the crypto currency world and understand the Pi Network mission very well!👍👍👍 Pi Network’s Global Consensus Value (GCV) has been making headlines lately, thanks to the initiators who have proposed an amazing price to the Pi community. The supporters of Global Consensus GCV Price have been praised for their efforts in bringing this proposal forward. The GCV builders have worked hard to come up with a fair and reasonable price for the Pi community, and their hard work has paid off. The proposed GCV price of $314159 has received overwhelming support from the community and has been hailed as a significant milestone for the Pi Network. The GCV price proposal is an important development for the Pi Network, as it establishes a standard value for the Pi currency. This value will help the Pi community to measure the worth of their holdings and make informed decisions about buying and selling Pi. The Pi Network’s Global Consensus Value (GCV) is a revolutionary pricing mechanism that is designed to be transparent, fair, and reflective of the true value of Pi cryptocurrency. The GCV price takes into account various key metrics, including the mathematical value for π, user adoption, network usage, and other relevant factors, to determine a fair value for Pi. By using a comprehensive and transparent pricing mechanism, the Pi Network aims to build confidence among users and investors, while also promoting greater adoption of the Pi cryptocurrency. Importance of the Global Consensus Value (GCV) Price Here are some of the key importance of the GCV Price: Standardized Value: The GCV price establishes a standardized value for the Pi cryptocurrency, which helps users to measure the worth of their holdings and make informed decisions about buying and selling Pi. Fairness and Transparency: The GCV price mechanism is designed to be fair and transparent, taking into account various metrics such as user adoption, network usage, and market demand. This builds confidence in the Pi Network among users, investors, and regulators. Increased Adoption: A trustworthy and reliable GCV price can attract more users and investors to the Pi Network, leading to greater adoption of the Pi cryptocurrency and increased usage of the network. Long-Term Stability: A stable and reliable GCV price can help to build a more stable and long-term ecosystem for the Pi Network, ensuring its success and growth over the long run. Integration with Wider Financial Markets: A standardized and transparent GCV price can help the Pi cryptocurrency to be more widely accepted and integrated into the wider financial markets, providing greater opportunities for its use and adoption. The Pi community has responded positively to the GCV price proposal, with many users expressing their support for the proposed Pi Network remains strong and stable. The Global Consensus Value is an important step forward for the Pi community, and it is a sign of the network’s growing maturity and stability. Pi Network #PIGCV #PiNetwork

Doris Yin 东方紫莲🪷

28,922 Aufrufe • vor 3 Jahren

Pi Day GCV speech by Woody Lightyear Woody Lightyear 𝛑 Pi Day GCV speech by Woody Lightyear. I want to apologize for any clarification you must have missed regarding the Global Consensus Value (GCV). The GCV (314159) is the result of an organic evolution of the community's quest to define an interpretable value for Pi, for sustainable barter purposes. Some critics say the GCV (314159) is supported only by greedy fools who are alienated from economic reality, who have no knowledge about how crypto works, and who would obviously pick the highest value proposition. But only fools speak ignorantly. The GCV (314159) was not the highest value proposition. There were factions promoting $628,000, and even $1m. From $1 - $1m, different values became a popular consensus at one time, but they all failed to be a GCV (314159). Even the highest was not the chosen one. The chosen was the GCV (314159). This chosen one (GCV) went on to create more real value barter transactions than any other consensus value. It is the most occuring. It birthed the phenomenal #PiPayment campaign. It made pioneers value their Pi more, including the critics. It unified pioneers for a community-originated purpose globally. While small-minded people were busy with low-level criticisms, or obsessions, saying 314159 is unrealistic, 314159 is illogical, 314159 is unachievable, great pioneers were creating a cultural binding in Pi Network. The GCV (314159) is no longer just a price number. It is a cultural revolution, and a social value that embodies Pi Network culture. All wealth is based on cognition. The longest distance in the world is cognitive difference! Improve your cognition, improve your consensus. Happy Pi Day Woody Lightyear. 3/14/23 Lagos, Nigeria. Please share the link To your community! #WhatIDoForPi #PiDay2023 #PiDayGCV

Doris Yin 东方紫莲🪷

26,657 Aufrufe • vor 3 Jahren

Dear Pioneers, Today, I decided to share this message with you because when I searched online, I noticed something very important. Many exchange markets already know that the Pi Network has GCV — Global Consensus Value. They even acknowledge that this value is community-driven. But they say it is not official, because it has not been formally endorsed by CT. Also we still have a lot of pioneers never deeply understand white paper. They always use market cap to deny GCV. All the above is because they assume Pi is another traditional crypto currency. This made me think. Not only outsiders, but even some of our own pioneers still hesitate or doubt GCV. Why? Because they don’t fully understand the concept difference between traditional crypto and Pi Network. So today, I want to make it very clear for everyone: what is value, and what is price? Most traditional cryptocurrency analysts talk about is price. They see supply and demand, market cap, and speculation. For them, cryptocurrency is just an investment, like buying a stock. In accounting, this makes crypto look like an asset — something you buy and sell at a price. But if you carefully read the Pi white paper, you will see the true vision of Dr. Nicolas. He created Pi Network because he regretted how traditional cryptocurrencies were being used. Blockchain, instead of serving humanity, became only a tool for speculation. Coins were bought and sold, but they failed to bring real value to ordinary people and to our global economy. For years, crypto has been stuck in this loop of speculation. That is why Pi Network was born. Pi is not designed to follow the same path as traditional cryptocurrencies. Its destination is not simply to be listed on exchanges. Current exchange market is the landscape on the road. It is not Pi Network destination. We already have thousands of tokens there. What we truly need is a real currency — one that can resolve economic crises, restore fairness, and bring opportunity to ordinary people. Now let’s ask: what is currency? If you search, you will find a simple definition: currency is a medium of exchange. And for any exchange medium to work, it requires consensus among the users. Everyone must agree on its value before it can be used in the economy. That is how fiat money works. A $1 bill and a $100 bill cost the same to print. The paper and ink are nearly identical. But because the government endorses it, people trust and accept it different value on the paper bill. That trust gives fiat money its power. Yet even fiat money is not always stable. In many countries, we see devaluation and inflation. The value of government money is not guaranteed but still much stable than traditional cryptocurrency. Traditional cryptocurrencies are unstable — their price rises and falls daily, driven by speculation. It can change 100% in one day. But our FIAT inflation is less than 10% in one year normally. This is why Pi Network GCV is so important. We have the opportunity to create a new kind of currency: one that is long-term stable, resistant to inflation, efficient for international settlement, and much cheaper in transfer costs. With Pi, transactions can be faster, fairer, and useful in daily life. A medium of exchange for payments, A store of value to protect wealth, And a unit of account for settlement. This is what Pi is becoming. But here is something very important to understand: the consensus of Pi does not come from the Core Team. If the Core Team could set the value, they would have done so three years ago. There is no reason tell pioneers that the value is from pioneers but they give us another value. CT cannot give us a value or reject pioneers created value— because value is not given by CT, it is created by pioneers community consensus. Our pioneering community has been working tirelessly for over three years. Every day, we generate GCV data. We also have the Industrial Alliance, where businesses and industries are beginning to adopt Pi at GCV in real supply chains. Some people believe that GCV is impossible because it may lead to business bankruptcy. However, this is a misconception. A business faces bankruptcy when its value cannot be stabilized, regardless of whether Pi is valued at $1, $10, or $100 or GCV. Significant fluctuations can cause businesses to fail; in contrast, as long as there is stability, GCV will not put businesses at risk, provided that everyone accepts it. This stability ensures that purchasing power remains consistent. Additionally, it's important to note that 100 billion Pi is not intended for use within a single year; rather, it is meant to last for centuries or even thousands of years. Therefore, there is no need to worry that we lack sufficient assets.Remember, a real currency must serve three functions: We don’t need the Core Team to endorse Pi’s value. GCV official authority is pioneers not CT. What we need is more businesses and more pioneers to accept it. Think about it: in the past, some villages used shells as money. Why? Because a cow was too big to trade for five chickens or other products. Shells were easier, and as long as everyone in the village agreed Pi had fixed value. It can be the village currency. The same is true for Pi. We have more than 60 million pioneers. If we all accept it, and businesses accept it too, then that is Pi’s true value. What makes this so special is that we are not only the users, we are also the creators. This is true decentralization. The power belongs to us. So I hope every pioneer can deeply understand this concept. Don’t doubt, but believe with confidence. What must we do now? Accept Pi in our daily lives. Share correct information and educate others. Promote GCV. Invite more merchants to join. Even though Pi is not yet fully open, businesses can already accept Pi partially — 5%, 10%, 20%, even 50% of a payment. It doesn’t matter. Every transaction, every piece of GCV data, strengthens Pi as a currency. So business don't have any loss or risk. It can only increase their reputation and sales especially now most business bankrupt because of stagflation. Our strategy can save a lot of business. So let us remember: Price belongs to assets. Value belongs to currency. And consensus belongs to pioneers. We already have the victory, because value is in our hands. Together, we will win. In fact, we have already won. Thank you. Doris Yin 🪷🪷🪷 Pi = Real Currency, Not Speculation 📷 Price belongs to assets. 📷 Value belongs to currency. 📷 Consensus belongs to pioneers. 📷 Together, we build Global Consensus Value (GCV). 📷 We are not only users, we are creators.

Doris Yin 东方紫莲🪷

30,474 Aufrufe • vor 1 Jahr

GCV Movement: Confidence, Stability, and the Power of Pioneers This is Doris Yin in Toronto, Canada. Today is a beautiful Sunday morning around my condo, and I hope everyone is enjoying the weekend with their family. Our topic today is confidence. We understand what others may want to do with Pi Network. But if you take a moment to read the white paper — just the first few pages — you will understand what Pi Network truly is and how it differs from traditional cryptocurrency. We are doing something completely different. Traditional cryptocurrencies cannot use the blockchain to serve ordinary people. That is exactly why Dr. Nicolas created Pi Network — to build a currency that ordinary people can actually use. If you understand this vision, you also understand Global Consensus Value (GCV). Only GCV can realize Pi as a real currency. And a true currency must have two essential characteristics: 1. Stability – Its value cannot fluctuate wildly like Bitcoin or other cryptocurrencies. 2. Usability – It must be usable in everyday life by ordinary people. Why Stability Matters In traditional cryptocurrency, tokens behave almost like commodities or stocks. People buy and sell for profit when prices go up or down. This speculation creates instability, and instability prevents cryptocurrencies from serving as real money. Pi Network is different. Its mission is to provide a stable, usable currency. That’s why we focus on creating Global Consensus Value (GCV) — the mechanism through which pioneers themselves determine the value of Pi. Who Creates the Value of Pi? Dr. Nicolas has made it clear: the value of Pi is created by pioneers, not the Core Team. The Core Team builds the technology, but we, the pioneers, hold the power to set Pi’s value. Confidence is essential — confidence in the Core Team, yes, but also confidence in ourselves. Some pioneers lack confidence because they only passively mine. But if you participate actively — as a GCV Ambassador, a Pi Warrior, or a contributing pioneer — you will understand the movement and your role in it. Two Steps to a Mature Pi Economy Pi’s development has two key sides: Technical side: Already open. The blockchain infrastructure is connected to the world. Economic side: Not yet open. Real economic activity must wait for GCV implementation to create a mature ecosystem. This is why we focus on ecosystem depth — businesses, services, and real-life use cases that give Pi weight and support its value. Mind + Depth = Stable Value Our mind (pioneers’ consensus) fixes the value. Our depth (ecosystem adoption) supports the value. Together, they make Pi a living, functional currency. Become a Pi Warrior Today, many pioneers and social media supporters are spreading the message of GCV. But many writers and outsiders still don’t understand Pi or GCV. That is why it is our responsibility to share, teach, and invite more pioneers into the movement. We are not only pioneers — we are warriors protecting the Pi Network. The outside world may not yet understand, but we do. And it is our duty to ensure more pioneers learn, support, and actively participate. If you understand GCV, don’t keep it to yourself. Share it, pass it on, and invite others to join. Protect Pi. Build confidence. Build the ecosystem. A Personal Note As I speak this early morning in Toronto, I feel energized from my workouts and yoga. I encourage all pioneers to take care of your health. A strong body supports a positive mindset, and a positive mindset allows us to contribute more to Pi’s mission. Thank you for your attention. Enjoy your day. Stay confident, stay united, and together we will make Pi the world’s first stable, global, people’s currency! 🌍✨ 🔥 Pioneers Create the Value — Warriors Protect the Network! 🔥 Doris Yin 🪷 🪷🪷

Doris Yin 东方紫莲🪷

10,736 Aufrufe • vor 1 Jahr

We Should "Use it in the ecosystem": This is super important – it's how Pi becomes useful! Dr. Kokkalis wants a lively, self-sustaining system where Pi is the main way to pay for things. When you actively use your Pi in the apps, shops, and services being built on the Pi blockchain, you're directly making it more valuable in the real world. Every time you buy something or make a deal, you're strengthening the network. This turns Pi from just a digital coin into a real currency, giving people financial control they've never had before. It's all about showing that Pi can actually be used, proving its worth not just as something you hold, but as a dynamic tool for buying and selling. "Support GCV Supporting Apps": The Global Consensus Value (GCV) is a major part of Pi Network's plan. It's about the community agreeing on Pi's worth. this value isn't random; it comes from many people using and accepting Pi. By choosing to use and support apps that believe in and contribute to the GCV, you're helping to make this agreement stronger. These apps are designed to show that Pi can handle and build a strong digital economy. Your support, whether by using them, giving feedback, or just telling others, helps make Pi a recognized and valued currency worldwide. This is about all of us working together to make Pi economically strong. "Stake Pi on the apps to show you support GCV": Going beyond just using apps, you can actively stake your Pi on the GCV-friendly apps. Staking means you agree to temporarily lock up some of your Pi. When you stake your Pi, it really shows that you believe in Pi's long-term vision . It also directly helps build the network's foundation, it’s your Voting Power for making the GCV even stronger. ( we all have to use the power we have in the pi ecosystem ) Showing to Dr. Nicolas by your Voting Power It's a clear message to support GCV and the network's future. This proves you're a dedicated part of building this strong economy. "Make your own app in the App Studio": This point highlights that Dr. Kokkalis believes in power from the community and new ideas. The Pi App Studio isn't just for developers; it's an invitation for every Pioneer to become a builder, an inventor, and a business owner within the Pi system. By creating your own apps, tools, or services that use the Pi blockchain, you're not only adding to the network's variety and usefulness but also opening up new ways to create value. This lets Pioneers directly solve real-world problems and make Pi useful in even more ways. It's a call to use your creativity and actively help the network grow naturally. "Educate others about Pi Network and GCV": Knowledge is power, and know that Pi Network's success depends on a community that's well-informed and involved. Sharing correct information about Pi Network's vision, its new technology, and the importance of the Global Consensus Value is crucial. This means helping new Pioneers, clearing up misunderstandings, and explaining Pi's long-term potential as a currency for everyone. By teaching others, you're not just expanding the network, but also helping everyone understand and appreciate the revolutionary ideas behind this about building a shared understanding, making sure every Pioneer knows why they're involved and the big dream they're helping to create. In short, Dr. Kokkalis's Dream is a smart plan. He believes that true freedom in the digital world won't come from quick money, but from the combined power of a system that's run by its users and focused on real usefulness. When you truly understand these ideas, the thought of "selling your Pi" goes against the very revolution you're a part of. This is about building something lasting, a future where technology truly helps people, and Pi stands as a symbol of financial freedom for everyone. ✊United we win✊ I Tried to Explain with Simplicity , I hope you understand . Pioneers we have to Act right at the Right Time. Vijay Soni Global GCV CCM Global GCV Ambassador 🌍 Head GCV Ambassador France 🇫🇷

Doris Yin 东方紫莲🪷

20,117 Aufrufe • vor 1 Jahr