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      "permlink": "the-pi-network-easy-access-to-pi-currency-via-smartphone",
      "title": "The Pi Network -Easy Access to Pi Currency via Smartphone",
      "body": "<center>https://files.peakd.com/file/peakd-hive/cryptonfused/UYPZxwxY-Pi20Network20II20BG.jpg</center>\n\nThe success of Bitcoin has paved the way for the creation of alternative currencies for the purpose of correcting its apparent limitations. Those currencies offer faster, more efficient and inexpensive ways to carry out transactions over the Internet. But so far only the [Pi Network](https://minepi.com/PieBloc) offers  a unique approach to making its currency more easily accessible to everyday people.\n\nTo fulfil this objective, the Pi currency is distributed to anyone with a smartphone. This distribution happens in parallel with the development of the Pi Network software. This is important because people will have the opportunity to adopt the currency before it starts being used as a medium to exchange goods and services. In order to help raise the level of awareness and understanding among early adopters of the Pi currency, informative videos are posted through the mobile application while knowledgeable volunteers actively answer questions and provide valuable requested information. Members also discuss the future of Pi and share ideas with each other in the chat section.\n\n<div class=\"pull-right\">https://cdn.steemitimages.com/DQmStbDAfihNHAYYoVgrHpAuxR5QdnQVNTfPB79wim25QJW/Pi%20Invite%20III.jpg</div>\n\nEarning the Pi currency is an extremely simple process. You would first need to download the mobile application, then setup your account. You can download the Pi Network mobile application on [Google Play](https://play.google.com/store/apps/details?id=com.blockchainvault) or access the download link on the main website: [minepi.com](https://minepi.com/PieBloc). During the setting up of your account, you will need to enter the invitation code of an existing member of the Pi network. It is advisable to obtain an invitation code from someone you already know. However, if you do not have an invitation code, you may use: **SharePie**.\n<br>\n\nWhen you and the user who invited you are active, both your Pi earnings will increase by the same rate of 0.1 Pi per hour. In this way Pi is distributed in a more equitable manner ensuring that no one person has a great advantage over the other. \n\n<div class=\"pull-left\">https://cdn.steemitimages.com/DQmX9JdXSQJYLSGdHmKsqhTDmmbwsobgiTmDoDWqSgmQhD3/Tap%20to%20Earn%20Pi%20STM%20V.jpg</div>\n\nAfter setting up your account, you are only required to tap on the active button once per day. Your Pi earnings will start increasing and then pause after 24 hours until you press the active button again. Pressing the active button proves that you are human, and not a malicious application or program attempting to cheat the system. When you and the user who invited you are active, both your Pi earnings will increase by the same rate of 0.1 Pi per hour. In this way Pi is distributed in a more equitable manner ensuring that no one person has a great advantage over the other. There are other ways to increase your Pi earning rate, all of which are explained in the mobile app in **Earn Pi** section. \n\n\n\n<div class=\"pull-right\">\nhttps://files.peakd.com/file/peakd-hive/cryptonfused/goDvWBiZ-Pi20Halving20Resized20X.jpg</div>\nThe distribution rate of the Pi currency will continue to decrease by half after a certain number of persons have joined the network and will inevitably fall to zero when a capacity of 1 billion users have been reached. This will create scarcity of the currency which will in turn help safeguard the currency against devaluation. This is in contrast to our national currencies which loses value over time. This is evident as there are at least 50 electronic currencies which are currently more valuable than the US dollar, many of which had little to no value when first created. \n\n<center>https://cdn.steemitimages.com/DQmYvro3hQYo3EKp5XbvyML7vaj1GoVKozGqPtnBjv7g6zC/List%20of%20Cryptocurrencies%20LFF.jpg</center>\nThe Pi currency is likely to follow this trend. In fact, Pi has no value because it cannot be used while the software is still being tested for security and efficacy. The software is estimated to be launched in approximately one year from now. The Pi Network is quickly growing with over 13 million active users and as a result of this rapid growth,  will instantly hold value the moment it starts being used. Furthermore, Pi will be used by people from all over the world to facilitate faster regional, national and international transactions at a much lower cost. Other people may want to swap their national currency for Pi if they are confident that the currency will continue to increase in value over time. So, the adopters of the Pi currency are in the process of gaining valuable economic power that most have yet to realize. Pi can therefore be a means to a great source of wealth for people who have access to a smart phone but little to no earning opportunities or financial support in their respective countries.\n\nNevertheless, people are still finding it especially difficult to understand how it is possible to so easily earn money without having to work tirelessly for it, and well, it does seem like magic. As British science and fiction writer Arthur C. Clarke proclaims in his most widely cited proverb: \n>_Any sufficiently advanced technology is indistinguishable from magic._\n\nThe truth is, we are the ones who create value through work and that value is stored and exchanged using money. Thanks to innovative technology we are currently transitioning to a new kind of money, one that no one controls. Those currencies will give everyone the collective power to decide how they use and exchange the value which they themselves help create. And so, the value we create through work will be better protected and not easily manipulated or unfairly reduced to nothing based on the unilateral decision of a few people. It is this kind of progress which will bring us one step closer to creating a better functioning world where everyone has equal opportunities.\n\n\n> _I am convinced that cryptocurrency is one of the most powerful tools we have to provide opportunities for people everywhere to achieve a new meaning of prosperity._ \n― Vincent McPhillip, Head of Community at Pi Network\n\nsources: [Pi Network](https://minepi.com/white-paper),[Wikipedia](https://en.wikipedia.org/wiki/Cryptocurrency),[The economics of digital currencies](https://www.bankofengland.co.uk/-/media/boe/files/digital-currencies/the-economics-of-digital-currencies), [Investopedia]( https://www.investopedia.com/terms/d/digital-currency.asp), [How to know more about cryptocurrency than others]( https://www.linkedin.com/pulse/how-know-more-cryptocurrency-than-99-world-part-1-2-jacques-sun/), [Number of smartphone]( https://www.statista.com/statistics/330695/number-of-smartphone-users-worldwide/)",
      "json_metadata": "{\"tags\":[\"cryptocurrencies\",\"blockchain\",\"fintech\",\"defi\",\"finance\",\"economics\"],\"image\":[\"https://files.peakd.com/file/peakd-hive/cryptonfused/UYPZxwxY-Pi20Network20II20BG.jpg\",\"https://cdn.steemitimages.com/DQmStbDAfihNHAYYoVgrHpAuxR5QdnQVNTfPB79wim25QJW/Pi%20Invite%20III.jpg\",\"https://cdn.steemitimages.com/DQmX9JdXSQJYLSGdHmKsqhTDmmbwsobgiTmDoDWqSgmQhD3/Tap%20to%20Earn%20Pi%20STM%20V.jpg\",\"https://files.peakd.com/file/peakd-hive/cryptonfused/goDvWBiZ-Pi20Halving20Resized20X.jpg\",\"https://cdn.steemitimages.com/DQmYvro3hQYo3EKp5XbvyML7vaj1GoVKozGqPtnBjv7g6zC/List%20of%20Cryptocurrencies%20LFF.jpg\"],\"links\":[\"https://minepi.com/PieBloc\",\"https://play.google.com/store/apps/details?id=com.blockchainvault\",\"https://minepi.com/white-paper\",\"https://en.wikipedia.org/wiki/Cryptocurrency\",\"https://www.bankofengland.co.uk/-/media/boe/files/digital-currencies/the-economics-of-digital-currencies\",\"https://www.investopedia.com/terms/d/digital-currency.asp\",\"https://www.linkedin.com/pulse/how-know-more-cryptocurrency-than-99-world-part-1-2-jacques-sun/\",\"https://www.statista.com/statistics/330695/number-of-smartphone-users-worldwide/\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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      "memo": "Dear @cryptonfused, I had quite a long break from publishing my own articles since I've focused my efforts on building Project.hope community and watching it grow. Today however, I would like to share with you link to my recent publication and I surely hope to read your feedback. All valuable comments will be rewarded with solid upvote. Cheers, Piotr // LINK: https://steemit.com/hive-175254/@crypto.piotr/is-crypto-space-is-mature-enough-for-another-bull-run-i-have-my-concerns"
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      "memo": "⚠️ Please be careful with any website or discord link that you receive from other users, those are mostly phishing attempts."
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      "memo": "❗ Hello cryptonfused, great that you are using the STEEM blockchain. The Executive Board hereby invites you to https://discord.gg/KyBbmhh where you will get some insider infos on how you will earn the most coins. It's easy, just follow the instructions. Warm regards, The Executive Board."
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      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "cryptonfused",
      "permlink": "the-pi-network",
      "title": "The Pi Network",
      "body": "<center>https://cdn.steemitimages.com/DQmNt6y19QVXk58hNQg7QvSR3enA7kSbgsGynnvP81VTKQU/Pi%20Network%20Cover%20page%202.jpg</center>\n\n\nA new cryptocurrency project called the Pi Network was launched on march 14, 2019 by a [team](https://minepi.com/team) of Stanford PhDs and graduates with the goal of making digital currencies more easily accessible to everyday people. \n\n_**But what exactly are cryptocurrencies?**_  Cryptocurrencies are currencies which exist in an electronic form and can be used to make payments much like physical cash. Most digital currencies are designed in such a way that the network which secures transactions is decentralized or not controlled by any one group or entity like the government for example. \n\nThere are three development phases of the Pi Network. During the first phase, adjustments are made in areas such as design to enhance user experience while Pi is distributed to users. The distribution of Pi may continue up until the final phase. \n\nIn phase 2 of the project, the Node software needed for supporting and securing the network is tested. See more on [Nodes **here**](https://academy.binance.com/blockchain/what-are-nodes) .\n\n The final phase will see the launch of the official main-net of the Pi network. The amount of Pi rewarded to users during distribution will then be transferred to the main Pi Network and any rewards obtained through fake or duplicate users will be discarded. \n\n_**How and why will Pi become valuable?**_ The value of Pi will depend on the number of people who will use it and the variety of things it will be used or exchanged for. The more goods and services Pi can be exchanged for, the more valuable it becomes. In short, it is the collective use and usefulness of Pi which will help to determine its value. Pi will also be exchangeable to other currencies. \n\nThe demand for Pi will likely increase as more people become aware of its potential value. This can provide tremendous wealth for early adopters who had taken the opportunity to capitalize on the free distribution of Pi during its early stages of development. Platforms will be built on the Pi network to allow members the opportunity to generate wealth by offering goods and services for sale as well as pool together their collective resources so that they can receive a share of the value that they create online. \n\n_**How can I earn Pi?**_ You can earn Pi as a pioneer by simply checking in every 24 hrs to show your commitment to the Pi network. Checking in proves that you are human, and not a malicious application or program attempting to cheat the system.\n\nYou can further increase your Pi earnings as a contributor by helping to build the security graph. It requires you to add to your security circle, at least 5 people (Pi Users) who you trust. The more real humans involved, the more stable and secure Pi becomes.\n\nYou can also earn Pi as an Ambassador by inviting others to join the network. You will need to provide your invitation code which happens to be your chosen username. For every person that you invite,  when both of you are active, both of you earn an additional 25% more of your base Pi reward (mining) rate.\n\nTo receive a daily reward of Pi, you will only need to download the mobile application and use an invitation code from an existing trusted member on the network. If you do not have an **invitation code**, you may use: **SharePie** .  Download the Pi Network mobile application on [google play store](https://play.google.com/store/apps/details?id=com.blockchainvault ) or access the download link on the main website: [minepi.com](https://minepi.com). \n\n\nBeyond earning Pi, you can actively participate in  the growth, development and success of the Pi Network. If you are someone with the desire to create meaningful change and positive impact, being part of Pi Network may well inspire you to start your own cryptocurrency project with the potential to create new economic opportunities for yourself and others.  \n\nWith a rapid growing community nearing 10 million users, the Pi network looks to be set for long term success.\n\n>  _I am convinced that cryptocurrency is one of the most powerful tools we have to provide opportunities for people everywhere to achieve a new meaning of prosperity._ \n― Vincent McPhillip, Head of Community at Pi Network\n\nsources: |[The economics of digital currencies](https://www.bankofengland.co.uk/-/media/boe/files/digital-currencies/the-economics-of-digital-currencies)|[Pi Network](https://minepi.com/white-paper) |[Wikipedia](https://en.wikipedia.org/wiki/Cryptocurrency)|",
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  "op": [
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      "to": "cryptonfused",
      "amount": "0.002 STEEM",
      "memo": "Dear @cryptonfused, I'm not a bot. I'm actually human and also I hope you don't mind this little memo. If you do then please let me know and I won't bother you again in the future. I'm writting to you simply because I'm trying to help @machnbirdsparo to promote his latest post (he is a good friend of mine and very supportive Steemit user). In his latest publication \"GAMING and CREATIVE MINDS APPLY\" he is presenting new social media platform SPRTSHUB, which seem to be focusing in interesting niche: community sharing passion to SPORTS. Hope you will find this post worth your time. I read and upvote all valuable comments. Yours, Piotr // LINK: https://steemit.com/contest/@machnbirdsparo/gaming-and-creative-minds-apply"
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      "parent_permlink": "pti4n0",
      "author": "jrcornel",
      "permlink": "ptieqr",
      "title": "",
      "body": "Lol, well now it blew through $10k and $11k. There is no stopping this thing!",
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      "title": "",
      "body": "Not yet. Not after some stability at 10k level. We may see 15k sooner than expected.",
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      "parent_author": "cryptonfused",
      "parent_permlink": "announcing-the-winner-of-the-happy-belated-bitcoins-contest",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-cryptonfused-20190607t054548000z",
      "title": "",
      "body": "Congratulations @cryptonfused! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/https://steemitboard.com/@cryptonfused/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@cryptonfused) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=cryptonfused)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "author": "cryptonfused",
      "permlink": "psiw6z",
      "title": "",
      "body": "Ah, i bought at 3800 :-)",
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      "to": "cryptonfused",
      "amount": "0.001 STEEM",
      "memo": "BuildTeam is proud to announce the release of DLease.io - our flagship P2P leasing marketplace app, aimed at assisting Steemians in leasing and delegating STEEM POWER for daily passive returns, with recent yields as high as 20% APR. DLease.io is a professional grade app , designed to replace the current MinnowBooster.net leasing market which has to date facilitated nearly 20 Million STEEM POWER in lease value to happy BuildTeam customers. View the new app at https://dlease.io/ or read the announcement post on https://steemit.com/@dlease."
    }
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}

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      "title": "",
      "body": "@@ -21,17 +21,17 @@\n tocurren\n-t\n+c\n y named \n",
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      "title": "",
      "body": "But there is no cryptocurrenty named after it; we're the first :]",
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      "body": "Monitoring swiftcash. Would be nice to rebrand. Swift name is too common.",
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      "body": "Cough, yours points are kinda outdated: \nhttps://steemit.com/bitcoin/@sames/understanding-rsk-bitcoin-s-smart-contract-platform",
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      "body": "Bitcoin can scale. LN and Sidechains.\nhttps://steemit.com/bitcoin/@sames/understanding-rsk-bitcoin-s-smart-contract-platform",
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      "body": "thanks buddy :)",
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      "permlink": "steemitboard-notify-cryptonfused-20180921t173014000z",
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      "body": "Congratulations @cryptonfused! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png)](http://steemitboard.com/@cryptonfused) Award for the number of upvotes\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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{
  "trx_id": "9bf52e4194a6cb3ca095f19b7bd73183c6ce6cf9",
  "block": 26141239,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-09-21T14:38:15",
  "op": [
    "comment",
    {
      "parent_author": "honarparvar",
      "parent_permlink": "missing-logic-in-people-s-expectation-of-crypto-prices",
      "author": "cryptonfused",
      "permlink": "re-honarparvar-missing-logic-in-people-s-expectation-of-crypto-prices-20180921t143807156z",
      "title": "",
      "body": ">we should engage more, so in a long run, decentralisation pays us back in mode of quality of living, better wealth distribution, higher incomes, more secure assets, easier financial transactions etc\n\nThis is especially important for community driven crypto currencies.",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "66f81d40a9f72066ba1dc8a94403105c09928b7e",
  "block": 26141052,
  "trx_in_block": 11,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-09-21T14:28:54",
  "op": [
    "comment",
    {
      "parent_author": "schnapps89",
      "parent_permlink": "re-finprep-the-looming-existential-crisis-for-paypal-20180920t011154265z",
      "author": "cryptonfused",
      "permlink": "re-schnapps89-re-finprep-the-looming-existential-crisis-for-paypal-20180921t142640310z",
      "title": "",
      "body": "@@ -296,17 +296,17 @@\n they wil\n-k\n+l\n  use to \n@@ -363,8 +363,116 @@\n lements.\n+ %0A%0AWhat will have in the future is more competition, which is good for business and favorable for customers.\n",
      "json_metadata": "{\"tags\":[\"paypal\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "ceb8fa4d1feaedddca6e391e5bb790def0418141",
  "block": 26141010,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-09-21T14:26:48",
  "op": [
    "comment",
    {
      "parent_author": "schnapps89",
      "parent_permlink": "re-finprep-the-looming-existential-crisis-for-paypal-20180920t011154265z",
      "author": "cryptonfused",
      "permlink": "re-schnapps89-re-finprep-the-looming-existential-crisis-for-paypal-20180921t142640310z",
      "title": "",
      "body": "These companies are doing emense research on the blockchain technology. With their already massive capital, they can easily transit their system or build a blockchain like system. Keep in mind that JP Morgan and some other big banks have designed the hyperledger **CORDA** (Consortium R3) which they wilk use to settle debts and other important bank to bank settlements.",
      "json_metadata": "{\"tags\":[\"paypal\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}