According to reports, Chinese merchants have spent 100 million USD on offline barter in a year. However, most Chinese pioneers haven't passed the KYC and have no Pi in their wallet, resulting in the absence of a blockchain record.
Given the significant contributions made by these merchants, it is essential for us pioneers to ensure the protection of their interests by insisting on GCV.
To safeguard the merchants, I recommend the use of small items and a united price system, as many merchants who use $1 as a Pi price have reported bankruptcy after six months as well.