Imagine if Pi succeeds, for example, after reaching 10 million or 100 million users, Pi will become Paypal in the Blockchain industry?
You could say that using Pi π is an ambitious and smart market strategy, but I think it's a great vision. Facebook has a 2.7 billion user base, they also plan to create Libra cryptocurrency at the normal user level within the Facebook platform. If successful, it will have 2.7 billion users available, but it is difficult to deploy because of political barriers.
I believe that Pi will most likely be the 2nd Bitcoin!
Bitcoin has gone from zero to $ 20,074 and has climbed to the top of the market. After peaking, Bitcoin entered a bear market. Bitcoin price also bottomed over $ 3,000 in mid-December 2018 and is currently over $ 7,000 in December 2019.
The same goes for Pi from the price of 0 dong.
Since its launch on March 14, 2019, Pi Network has attracted nearly 3 million participants worldwide. Much of the discussion is about current and future prices of Pi, including the development of Pi. They start with the power of Pi, able to restore the original intent of the entire design in the most realistic way and remove some complex elements.
Pi an internet bubble
Internet bubble (also known as dot com or dot bubble) refers to speculative bubbles between 1995 and 2001, and in European and American stock markets and many Asian countries, stock prices soar with technology and emerging Internet related businesses. On March 10, 2000, the NASDAQ reached the highest level of 5048.62. During this period, the Western countries' stock markets witnessed a rapid growth of market value driven by the Internet and related fields. The symbol of this period is the establishment of a group of Internet companies, whose investment eventually failed. The combination of soaring stock prices and buyers' speculation, as well as the use of venture capital, have created a hot spot, prompting these businesses to abandon the standard business model, surpassing the the bottom line (traditional model) and focus on how to increase market share. By 2001, bubbles had settled at full speed. Most Internet companies stopped trading after burning out their venture capital, many of which did not even make a profit. Investors often refer to these failed internet companies as "booms" or "composts".
Pi Network (Pi currency) will create a new market 100-1000 times more than the traditional cryptocurrency market. Following the law of the forefront of the Internet, I believe that the Pi network will account for more than 60% of the market for mobile digital currencies (most likely 90%).
