$PI The entire cryptocurrency market is currently in a choppy, volatile range—all eyes are on one piece of news: the clarity of the U.S. crypto bill. Once the bill is released, it will be divided into three categories: 1) which fall under securities, 2) which fall under digital assets, and 3) which fall under payment-related products. Each category will have different regulatory rules and different agencies responsible for supervision. So if you act blindly right now, you could be punished quite severely, which is why the market is in a state of volatility. For mainstream coins, Bitcoin and Ethereum should fall under digital assets, so once the bill is approved, they will likely surge a lot. If it isn’t approved, then it’s bad for cryptocurrencies and they could drop sharply. The current trend is in a space where it can go either way.

Now let’s talk about π coin. If π coin is never fully open-sourced, then even if the bill comes out with tremendous positives, you can only watch other coins rise—that’s the most fatal part. Not fully open-sourcing means it’s not decentralized, so there won’t be big capital or major institutions willing to participate. As you know, price increases are driven by money piling in.