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#PI# 😍Post
Why do I predict that Pi will become a substitute for the US dollar (USD)?
1 Node Pi.
The Pi network currently has 250,000 nodes, which is 14 times the computing power of the Bitcoin network and dozens of times that of other networks. With so many Pi nodes, it will help the Pi network to ensure the strongest operation without disrupting or completely crashing the network.
2 transaction speed.
Pi uses the SCP consensus algorithm and has 70,000 TPS, which means Pi can process 70,000 transactions per second, surpassing VISA, RIPPLE, SOLANA, BITCOIN, etc. This is the most important factor because if it replaces the US dollar, it can serve a large number of users.
3 Transaction Fees.
Pi is currently updating to V19 and will soon upgrade to V22. This will make the transaction fee for each Pi transaction
0.0000099. The cheapest transaction fee on the cryptocurrency network.
4 Transparency.
Pi is equipped with anti-money laundering ( AML ) laws, making it very suitable as an alternative to the US dollar, and it complies with the European MICA laws, which is a special feature not found in other cryptocurrencies.
In addition, Pi also has the additional KYC( verification) feature, which will bring transparency to users when banks heavily apply this feature.
5 Web3 Ecosystem
Pi is building digital ecosystems such as e-commerce, NFTs, Defi, gaming, lending, etc., which are difficult for many other crypto networks to catch up.
In short, summarize the main ideas. The network also brings many other useful features, so I predict that when the world uses digital currencies to replace paper money, Pi will be a candidate for this revolution, replacing the dollar which has become outdated compared to the times.