$PI Down in the low point, don’t give up: if the clear bill in the US can be passed this month, then it would be beneficial for the entire blockchain industry. Right now it’s exactly like walking on the tip of a knife—if things go wrong, they’ll fine you, and there’s no reason. That’s one of the reasons I think Pi has never been fully open-sourced.

So if Pi were to be classified as a digital currency, then the likelihood of it being open-sourced would be higher. Because Pi is benchmarked against more than 200 countries worldwide, and mainland China is again a very large share.

From the perspective of China’s current laws, there are eight departments jointly issued regulations prohibiting virtual currency transactions, but they do not ban digital currency. If mainland China were to also ban digital currency, that would be like slapping itself in the face—because what China is currently actively promoting is the digital yuan, which is a digital currency. Chinese people like to play with word games. So the mystery is right there, isn’t it? Just be patient—gold always shines.