Since its launch on March 14, 2019, Pi network has attracted nearly 3 million participants worldwide.Most of the discussion is about the current price and future price of PI, including the development of PI. We start with the force design of PI, which may restore the original intention of the whole design in the most authentic way, and remove some complicated factors.
First miner, whose computational power is 3.14, has no subordinate, no contrlbutor addition. On a scale of 1 to 1,000 people, everybody has this basic computational force, and then you have the contrlbutor addition and the subordinate addition.
Let’s take a look at the force decreasing design of PI:
It can be clearly seen that the Daily limit for single person has been greatly reduced from 188.49 to 11.78 compared with the project when it started, which is still the computing power gained when lightning is not forgotten.
And the only way to increase the computing power, increase the number of subordinates, also is to let more people to participate, in the initial stage game, you add a friend to come in, he will give you contribution is 1.57 per hour, a day to 37.68 close to 40 you work force, therefore, invited 100 people, you will be able to achieve the output of nearly 4000 PI every day, and with the increase of total participation, computing power to halve, keep you work force method is twice as people come in, people began to double, the overall number of you need 200 to 1000.And so on, at a billion you need 6,400 people, 64 times the number, which is almost impossible for one person.
Then we talk about the price of PI, PI, the price will be in the total number of nearly 10 million people, more than 10% of those open insider trading began to mutate, from the current 20 PI, a bottle of wine or a commemorative COINS hundreds of PI to start mutations, because a lot of people especially developed countries began to enter the game needs to be more PI for trade, the current PI began to not enough use, in less developed countries at the same time, the PI became popular, because PI can change things for their need, and wealthy people began to use more valuable things for PI, because PI can circulate freely around the world,You can imagine fancy cars, airplanes, and even bitcoin losing value in the face of PI.
After more and more people realize the value of PI,s have soared, at the same time the number of PI will be as PI prices began to snowball add muscle, and quickly reached 100 million people, this time, the war began, in order to obtain more PI, to combat force in half sense of scarcity, sending mobile phone activities started, war escalated, global mobile phone to send began, in the information technology backward countries and regions, began to someone take the initiative to send mobile phones, install PI app to register, begin to build the global information network.
This is the first ambition of PI!
Imagine that one day in your mine now is equal to 8 days in your mine in the future of a billion people. This is when there are no subordinates. According to the calculation force of 100 subordinates, 3-4 days in mine now is almost equal to a year in the future.
This is global fair mining, you have no other way to increase your computing power than to increase your subordinates, when PI has a price, you can’t easily get your subordinates’ PI.
When the population reaches 1 billion, how much π can be mined in a year?
The answer is: 537.50685890625 less than 1000.
If an American needs PI, the equivalent of PI per year’s salary, the price of a PI is close to $100, remember this is the base price after the great currency inflation after the industrial revolution.
As the value of PI rises, there will be a process of de-inflating the price. The inflation rate of the us is actually lower than that of other countries, so the purchasing power of PI will increase dramatically as the transaction frequency of PI increases. Because PI is a transparent system, the price of PI will be highly uniform around the world.
This is the second ambition of PI, global de-inflation.
To sum up, the price of PI can no longer be measured in fiat money, because fiat money will become waste paper in front of PI, because it was originally waste paper, a new value label will replace the outdated old label, because it has too many stains, can not see clearly, can not measure the real world!