The risk of INVESTING/MINING....

08/11/2021
Wrong focus and wrong target.
Cryptos of Today Focus On Public Trading.
Creators of I C O and A i r drops Cryptos Target Investors And Traders.
Crypto has been around for more than a decade but its mass adoption and mass utility is not yet materialized.
Crypto will never be and can never achieve mass adoption and mass utility using the same wrong focus and target.
Who comprises the 99% of World's economy?
Not the investors and traders but the common everyday people around the world.
Pi is a result of long term research and study about the pros and cons of cryptos.
CT found out that the barriers that hinders Everyday People's entry into the Cryptospace are INVESTING and MINING.
As Pi's core team has conducted research to try to understand why people are reluctant to enter the cryptocurrency space. People consistently cited the risk of INVESTING/MINING as a key barrier to entry.
INVESTING AND MINING are the two barriers that hinders cryptos advancement.
INVESTING is good for investors and traders but closed the door for common ordinary everyday people around the world.
MINING Btc is hard due to companies employing Asic.
CT solved the investing problem by using the successful Internet strategy which is inclusive and free entry for all people around the world.
And CT solved the mining problem by...
Solution: Pi - Enabling mining on mobile phones.
After identifying these key barriers to adoption, the Pi Core Team set out to find a way that would allow everyday people to mine (or earn cryptocurrency rewards for validating transactions on a distributed record of transactions).
The problems that hinders everyday people to enter the cryptospace, that hinders mass adoption and mass utility cannot be solved by creating another pump and dump crypto, by targeting investors and traders and not by focusing on public trading in Crypto Exchanges.
Pi is not pump and dump crypto. "We are not trying to create a quick pump and dump crypto here." nk
Pi will showcase what mass adoption and mass utility of crypto is all about.
Focusing on utilities and targeting the common everyday people, helping them capture the value they created both in financial and information sectors around the world.
 
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