Who Will Buy Pi Coin If It Becomes a Stable Coin at GCV ($314,159/Pi)? ЁЯдФЁЯТб
Many people are asking: If Pi Coin gets listed at GCV ($314,159 per Pi), who will buy such an expensive coin, and why? Will miners get this much money?
ЁЯЪА The truth is that miners won't need to sell Pi; instead, governments, banks, and companies will have to buy it! LetтАЩs understand how.
тЬЕ Miners WonтАЩt Need to Sell Pi
Pi miners have already mined their Pi. They donтАЩt need to buy or sell Pi. Once the entire ecosystem starts running on Pi, miners will simply spend their Pi instead of selling it. However, until all countries and businesses fully adopt Pi, pioneers will still need local currency, which is why they will sell their Pi. This is where governments, banks, and companies will step in to buy Pi.
ЁЯФ╣ Example
If you have mined 100 Pi, you can directly use it for purchasesтАФbuy a house, a car, or start a business.
Once everything is available in Pi, there will be no need to sell it. However, governments, banks, and companies will need Pi to pay salaries, buy raw materials, and conduct international trade.
Why Will Governments Need to Buy Pi?
If Pi becomes a decentralized stable coin and is adopted as a global currency like the USD, then every country will need Pi for international trade.
Since governments donтАЩt have Pi, they will have no choice but to buy it from miners. There is no other way.
ЁЯФ╣ Why Will Governments Need Pi?
1. For Import-Export: If countries start trading in Pi, they will need to buy Pi to make payments.
2. For Government Salaries: If governments want to pay salaries in Pi, they will need Pi.
3. For Large Projects: To pay for infrastructure projects like roads, railways, and airports, governments will have to purchase Pi from miners.
Banks and Companies Will Also Need to Buy Pi!
Once Pi becomes a stable coin at GCV, major banks, businesses, and multinational companies will need Pi for transactions.
ЁЯФ╣ Why Will Banks Need to Buy Pi?
If Pi becomes a global currency, banks will offer Pi savings accounts, loans, and investment options to their customers.
To do this, they will need to buy Pi from miners.
ЁЯФ╣ Why Will Large Companies Need Pi?
If companies like Tesla, Apple, and Amazon start accepting Pi payments, they will need Pi to:
тЬЕ Pay salaries to employees
тЬЕ Purchase raw materials
тЬЕ Conduct business transactions
ЁЯФ╣ Example
If you receive your salary in Pi and can use it on Amazon, Flipkart, or any other marketplace to buy goods, there will be no need to sell Pi.
This means you wonтАЩt need to convert Pi to fiat currency, making the idea of selling Pi unnecessary.
тЬЕ Who Will Buy Pi?
тЬФя╕П Miners wonтАЩt need to sell Pi; they will simply spend it.
тЬФя╕П Governments will have to buy Pi for trade, salaries, and projects.
тЬФя╕П Banks will need Pi to offer savings accounts and loans.
тЬФя╕П Large companies will buy Pi for transactions and payroll.
тЬФя╕П Non-pioneers will need to buy Pi for business and transactions.
ЁЯЪА Pioneers, we hope this answers your question!
This post is written to explain PiтАЩs potential to those new to crypto. If you still have questions, feel free to ask in the comments.
ЁЯТкЁЯФе If we all start transacting at GCV and the entire community supports it, Pi Coin wonтАЩt just become a global currencyтАФit could build the worldтАЩs largest digital economy!
