Cryptocurrency has long been a global phenomenon, changing the way people look at finance, investing, and economic value.
On February 20, when Pi Network officially entered the Open Network phase of Mainnet , the user community once again sparked heated debates about the potential of Pi as well as the role of cryptocurrency in the future.
So, what perspective is reasonable when assessing the confidence and prospects of Pi Network in particular and cryptocurrencies in general?
Pi Network: Trust from simplicity and accessibility
What makes Pi Network attractive is its simplicity and popularity. Unlike Bitcoin or Ethereum, which require powerful hardware and consume a lot of energy, Pi Network allows users to “mine” Pi coins simply by checking in daily on the mobile app.
With over 60 million users globally and 12 million people having completed KYC by mid-2024, Pi Network has built a large community, especially in countries like Vietnam, Korea, and China.
This ease has fueled the belief that cryptocurrencies are no longer a “playground” reserved for the tech world, but can become a financial tool for everyone.
With cryptocurrencies in general, the future remains a big question mark
Blockchain technology is increasingly being applied in many areas, from finance to supply chains, but global acceptance depends on regulation and public trust.
In Vietnam, where cryptocurrency is not yet legally recognized, participating in Pi Network or any other project requires sobriety and understanding to avoid legal and financial risks.
Pi Network and cryptocurrencies are two sides of a larger trend: the shift to a digital economy . The belief in Pi Network comes from its accessibility and ambitious vision, while the potential of cryptocurrencies lies in their ability to change the way we transact and store value.
However, there needs to be a balance between hope and reality.
For participants, instead of blindly betting on the dream of “changing your life”, consider this as an opportunity to learn about blockchain and new financial markets . In the world of cryptocurrencies, knowledge and caution are always the key to turning trust into real value.
Next is the acumen. For some savvy and acumen investors, the optimistic psychological FOMO is a life-changing opportunity and also a lucrative bait for them.
They can surf Pi through exchanges or buy black market OTC to make a profit on the difference.
However, buying OTC at a reasonable price must be based on general knowledge of finance, crypto, knowing how to consider the potential of the community, considering the total supply of the project, the potential of listing prices, applying technology and utilities to the coin to be able to make a reasonable buying and selling decision, not simply “strong belief to change your life”.
Source: tuoitre.vn
Source: Vietnam Insider