jfid – Jakarta, December 20, 2023 – Pi Network is a digital currency project developed by a group of scientists and engineers from Stanford University, United States.
Pi Network claims to be the first digital currency that can be easily mined at no cost by anyone with a smartphone.
Pi Network also boasts a large and active user community worldwide, known as Pioneers.
One intriguing aspect of Pi Network is its Global Consensus Value (GCV) set by its community.
GCV is the value expected by the Pi Network community for 1 Pi when this digital currency is officially launched to the market.
The GCV value set by the Pi Network community is $314,159, which is the first decimal of the Pi number.
This GCV value is significantly high when compared to other digital currencies such as Bitcoin, Ethereum, or Dogecoin.
When converted to Indonesian Rupiah, the value of 1 Pi is approximately IDR 4.7 billion.
However, is this GCV value realistic and achievable by Pi Network? What are the reasons behind setting this GCV value? And how do experts and digital currency observers respond to this GCV value?
