Pi is the one practical green crypto

Cryptocurrencies are all over us and everyone's after a quick buck to maximise their profit and minimise their losses.

Humans tend to follow the trend and listen to what other people are doing. This is exacerbated further when people we follow over cryptocurrencies become celebrities like Elon Musk.

For some reason, somewhere in our timeline, we decided Elon Musk's words have values. So a simple heartbroken emoji next to bitcoin, makes the currency drop like crazy or promise to accept bitcoin for Tesla cars, skyrockets the value.

Nothing has value until we give them value. Why Gold is so valuable? Do you think the universe cares about it? Animals hoard it and keep it? No, it only matters because we give it value. The same applies to cash. US dollar has more value than the Malaysian ringgit but why? Because humans that's why.

So are we doomed to destroy earth to own more Bitcoins, Ethereums etc? Is it worth climate change and the environment to have some digital socially accepted worth of a currency? Aren't they all just numbers? Do you know how money works?

There is always a ledger where banks simply write that this person has this amount etc. same applies with other cryptocurrencies where hardware is used to verify transactions and keep redundancy ledgers over and over again. This act alone causes computers who are "mining" to draw more power and use more computer resources like CPU and CPU to solve problems and verify people's transactions.

Imagine if a government gave her people 1000 of your currency in your account. What's just happened? Did they need to produce more banknotes? More trees to be cut? Hell no. There simply enter the amount in a computer. It's like a video game. You get some currency in your account then you get to spend it.

I'm mentioning all of these to illustrate our mental states of creating everything and being bounded by the laws in which we limit ourselves and call it normal and how things are.

The purpose of this article isn't to change the world and have people revert back to trading their sheep and PlayStation 4s and other resources and assets for other assets or services like the old times. Its intention is to shed some light on how every day we get up and live our lives to just make some fake currency and be happy.

So now, if we're really want to delve into a good fake currency that is worth it, that requires no real work, experience or basically has 0 risks and most importantly you don't destroy the earth whilst doing it.

What is Pi?

Introducing Pi, a cryptocurrency that's based on Federated Byzantine Agreement(Stellar and Pi) rather than Proof of Work(Bitcoin and Ethereum)

How can Pi be mined on mobile phones without the energy consumption typically known in "crypto mining"?

Pi achieves this by using a different type of consensus algorithm in its blockchain rather than the widely-known and energy exhaustive Proof of Work (PoW). Pi's consensus algorithm is based on the Stellar Consensus Protocol (SCP) and an algorithm called Federated Byzantine Agreement (FBA), all of which do not require exhaustive energy consumption to reach consensus in order to secure a ledger. These types of consensus algorithms require the nodes to form quorums and exchange messages with each other based on a trust graph composed of individual quorum slices in order to come to a "consensus" on what the next block should be.

Mining is the process of contributing to the consensus algorithm of a blockchain to secure its ledger in exchange for rewards. While PoW mining requires a lot of energy consumption for nodes to "work" to solve mathematical puzzles to help the algorithm reach consensus, Pi mining requires a distributed trust graph. The security circles of each individual mobile miner will aggregate into a global trust graph that will feed the consensus algorithm of the Pi blockchain. Therefore, each mobile miner mines Pi by contributing to the intersectionality, security and feasibility of the Pi Blockchain's consensus algorithm in order to secure the Pi ledger. While PoW miners' contribution to those blockchains is energy, Pi mobile miners' contribution to Pi Blockchain is their trust relationships and active confirmation of such relationships. The heavy lifting of running the consensus algorithm based on this trust graph aggregated from mobile miners is still done by computer nodes. In fact, the Pi Testnet already has more than 10,000 such computer nodes, placing Pi on a good path towards creating a very decentralized Mainnet.

What's the catch?

There isn't any. You don't give the Pi owners anything but some legitimate things to ensure things are getting done properly and that's basically a KYC which stands for Know Your Customer, this essentially means Pi requires each person to be an actual human and no robots and no duplicates. Hence the reason to build up security by connecting your Facebook, phone verification and also before going live on the blockchain to require an identity verification like driver licences or passport which is processed currently by Yoti.

Yoti is a world-renowned KYC verification company that allows users to store their identity-related documents for several verification steps required by other services and companies.

I have read every single line of their terms and conditions and privacy policy and everything is legit. Pi also only cares that you are a legit person and not that your name is John Doe with yellow being your favourite colour.

If you happen to be a criminal and a country requests information stored on Yoti ( or basically any other digital ID provider for that matter), they are bound to give that information up. So if you don't want to be caught, just turn off your internet.

By joining Pi, you don't risk anything really; no time wasted, no loss of money, no loss of anything except for 2 seconds that takes to load the app and press a button to prove you are not a robot and few megabytes of file size stored on your phone. If Pi doesn't take off which is highly unlikely, you lose nothing since you invested basically nothing which is a good starting point for any sceptic.

Pi vs Bitcoin Cash

Pi is doing what Bitcoin Cash was born to do but in a much greener and advanced way.

Bitcoin was split into two cryptocurrencies; Bitcoin Cash and Bitcoin SV (Satoshi's Vision). Bitcoin Cash's fork is designed to be transactional crypto that functions as an electric cash payment system just like Pi.

Bitcoin has an inherent scalability problem and is held as a store of value rather than everyday cash.

This is odd because you can't change human nature, we are gonna keep holding on to things. A Dollar is both kept long term and used on a daily basis, so why not a cryptocurrency?

Regardless of the creator's intentions, people do what people do best, they hold on to something, sell it when they think is right or when they are desperate and grab their profit or loss.

The good news is that Pi is focusing plenty on having Pi truly integrate with other services, merchandises, apps, websites etc whilst Bitcoin cash is slowly building up on having businesses accept bitcoin cash as … cash.

Pi hasn't entered the blockchain and there is only limited time to ensure the early birds get on the wagon and mine as much as possible before mining rates drop to none existent. Over 18 million people are giving Pi worth, and when you end up following the Pi team, you start to connect and see the true vision. The people behind Pi have faces, unlike other technologies.

You can download the Pi app on iOS and Android but you need someone to refer you so why not use my username of "Raeion" and you get yourself 1 pi for free! Well, plenty more free Pi is coming your way very soon.

Pi hasn't even reached the blockchain and they have already released their Wallet ( in the testing phase ) and their own Pi Browser which is super anonymous and secure.

What are you waiting for you?

Use the link below or simply type in Raeion when signing up.

I am sending you 1π! Pi is a new digital currency developed by Stanford PhDs, with over 18 million members worldwide. To claim your Pi, follow this link https://minepi.com/Raeion and use my username (Raeion) as your invitation code.

This is it. Pi is truly and finally changing the world for the better. Just stick around and see. Pi is the one practical green crypto