3 weeks ago, I joined the PCT group on Discord to create a hot topic there 😊

I suggest to PCT that we should legalize trading between Pi and Fiat in the black market to promote trading between Pi and Goods.

Why did I make such an insolent proposal in Discord, against the policy of PROHIBITING PI from FIAT transactions set by PCT? I even publicly announced in front of the Core Team that I had made hundreds of transactions between Pi and Fiat in the black market to show PCT the real solutions I proposed.

I had a member call Core Team to lock my account. But it's okay, I accept the risks if any. Because I understand that what I do is beneficial to a group that trades goods with Pi.

A locked Pi account doesn't bother me as much as a meaningful pattern going astray. Of course, if they want to block their account, they need more logical arguments than what I presented. I believe PCT is insightful enough to make a decision whether to lock my account or not.
To understand why I boldly publicized my trading of Pi to Fiat in front of the Core Team, you must act as a GOODS SUPPLIER accepting payment = Pi coin, then you can clearly understand this issue.

You must see the liquidity circle between FIAT - COMMODITIES - PI - FIAT - COMMODITIES - PI... to understand why there is a need to have a PI - FIAT liquidity gateway in the black market.

Without this liquidity gateway, Pi Network cannot achieve its goal: Pi transacts with goods/services.

ANY CRYPTO TODAY cannot do this process because of the HIGH VOLATILITY nature of the Crypto market.
When the price of crypto slips during the market's DUMP/PUMB phenomenon, no one dares to bring goods out to trade with it. And no one dares to use their crypto to trade goods.

This problem is also a headache for market makers, the fathers of Bitcoin. Therefore, a Layer 2 Bitcoin is gradually being formed.
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Here, we realize that Pi is pursuing the next path that Bitcoin cannot yet take, which is CRYPTO EXCHANGE FOR GOODS AND SERVICES to become currency.

So for Pi to be able to exchange for goods and services, we realize that Pi cannot repeat the old path of Bitcoin.

It is impossible for Pi's DUMP PUMP price bracket to be made public on public intermediaries. That means PI SHOULD NOT BE LISTED TO THE FLOOR.
That's why Pi Core Team was not friendly to crypto exchanges in the pre-mainnet phase. Just like in the Open Mainnet phase, Pi should not be listed on INTERMEDIATE EXCHANGE FLOORS.

Publicity of prices on public exchanges, influenced by communication networks, will prematurely kill Pi's commodity exchange system.

But in Mainnet conditions, PCT cannot control which exchanges will list Pi, because they cannot control the uncontrollable.

That is the commercial freedom of the exchanges. Pi is also a commodity like any other commodity on the market, it is inevitable that intermediaries expect to list Pi.
Because Pi is also a promising commodity in the crypto market, it inspires traders to participate in rate setting.

That happens, we return to the original problem of Bitcoin, XRP, ETH, ADA... and a series of other coins / tokens: PRICE FLUCTUATION.
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So, what will be PCT's strategy so that Pi can trade with commodities?

Does PCT have a gold warehouse available as the conversion value for each circulating Pi coin?

Does PCT have a type of technology capable of asexual reproduction, creating a series of wealth in society to ensure CIRCULATION VALUE for each Pi coin?

Does PCT have a USD $$$ vault available, a FIAT money factory to make 1:1 exchange value for every 1 Pi coin in circulation?

If all is not available, and PCT says that the value of Pi depends on the community, on the ability to work, produce, and create of all Pioneers... So how can they achieve their goal? Future:

Pi trades COMMODITIES???
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I have proposed some solutions in the Core Team... And they are still thinking, haven't seen any answers yet. Let's wait and see!!!

Jolie Jolie
CEO PI SILK ROAD

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