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Pioneers! 🔥 Protocol upgrades rolling strong — Step 2 deadline March 1 ⏰ Every Mainnet node must level up NOW or get disconnected 😤 Mainnet getting stronger every second 💪

32,349 görüntüleme • 4 ay önce •via X (Twitter)

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So why we need open mainnet and when it's the good time to open and can we make it faster? I think Yes! WE build up Pi public blockchain is like we are building a highway. When the highway complete, all drivers need this highway because it can bring them benefit. And the highway can charge them fees every time when they pass. Pi is similar like a highway. The drivers are outside eco and different organization. We all know Pi WEB 3.0 blockchain has great value. This will attract outside eco come. When they come, they don't have Pi to pledge to use our blockchain. So they need to use their FIAT to buy our Pi. However, if our inner community has difference on price, it's like the highway has been controlled by different groups. These groups charge different fees. It will confuse outside eco and make them hesitate to come. That's why I believe open mainnet need united price for outside eco. Of course united price can help inner eco develop grow fast too. There are two options regarding price: 1. Let the pioneers and merchants slowly reach the agreement and we do nothing . This is let it go naturally. I do know some pioneers advocate this way. But I am sure it will take long journey because more than 45 million pioneers or maybe will never reach agreement. They will use from $0.01 to 1 million $ different price. 2. Our pioneers community advocate GCV because it has been accepted by a lot pioneers and merchants already. If all pioneers can understand this GCV price logic and if they hold Pi, they will support it. The reason is so simple. It relate to their self interest. This can be done very fast if we all united together. Another reason is based on a business accounting system. All business has tax reporting system even crypto currency. From 2019, USA IRS has the tax regulation on individual crypto currency capital gain. Currently most merchants are pioneers, they use their individual Pi Wallet. I see recently there is developer/merchant business wallet come out. Then they should use business Pi wallet. So it's easier for them to track crypto business profit and loss. As an accountant I know all capital gain or loss are calculated by using USD in USA. So accountant need a unified price. If not, the company will hesitate to join Pi eco system. Based the above reason, i call on Pi Community to support GCV price so that eco can satisfied prosperous condition to open mainnet. As for KYC and migration, the technology part has been mature or almost mature. And we believe CT and all pioneers can follow very fast. During close mainnet all merchants should do barter according to your availability. Please don't put all your products now! Close mainnet period is for cultivate the Pi Payment environment! If you have inventory and small items, you can put maybe 10% or less of your products to barter. All business owners should realize before opening mainnet there is risk of loss. Why many Chinese merchant do it? Because they are pioneers too ! They want to realize Pi GCV price so they do it volunteering to use inventory and small items with limit supply. Therefore it won't have much risk. And if open mainnet can reach GCV, they will not incur loss. So please all merchants do it wisely. Close mainnet small items and use inventory. Of course if you want to put big items, this is your choice and pioneers will be appreciated. But my suggestion is to be Rationalism. If everyone can do a little, it will create big influence. As a pioneer close mainnet it's not a time to get profit for yourself. So please don't expect cross border or big items because merchant has business risk. I see some cross border barter incur which is based on individual merchant. When open mainnet, you can realize all of it. But now it's time to help GCV price as a trend from my opinion. The above analysis is only my personal analysis. Reference only. It is not Business Advice! #WhatIDoForPi #PiGCV

Doris Yin 东方紫莲🪷

28,977 görüntüleme • 3 yıl önce

After my yesterday post regarding merchant need a united consensus price to join in barter. I received some merchant and businesses feed back. They told me what I analysis is a totally true and indeed! Business man who are also pioneers support Pi Network. However they dare not to join in now ( especially with high value products) just because the price hasn't been united yet. Even though a lot of pioneers and merchants support GCV already but there are many malls and merchant price is super low exist. Some price maybe is only $1 or less. I heard a merchant who list his products on xx mall complain. He said he earned more than 2000 Pi but he can't survive now because he ran out of inventory and no FIAT to restock. This is a proof that low consensus cannot help merchant get rid of cash flow problems. Merchant can only resolve this problem when more merchant join in to create inner eco cycle or open mainnet. As I discussed before open mainnet need eco utility mature. But how can eco utility mature when there is no united price and safe price? This is the question all community should think about it? If all merchants want to realize cash flow, there must have Consensus price so it's fair to all merchants! Otherwise it will create speculation on Barter products and it will damage all Eco. Before open mainnet this is the most important thing for pioneers and merchants! Hackathon provide technical resolution. Now it is pioneers community provide business environment resolution! #WhatIDoForPi #PiGCV

Doris Yin 东方紫莲🪷

56,197 görüntüleme • 3 yıl önce