The best vehicle for de-dollarization At a time when the traditional financial system is increasingly exposed to its fragility and inequality, there is an urgent need for a truly decentralized, inclusive and transformative financial solution. With its unique design concept, technical architecture and community-driven model, PK is becoming a revolutionary force to counter the hegemony of the US dollar and promote global de-dollarization. Compared with traditional fiat currencies, Bitcoin or Ethereum, Pk is not only technically superior, but also has the potential to reshape the socio-economic landscape. ; 1. Why can PK challenge the hegemony of the US dollar? 1. Inclusive and low-barrier global participation PK's mining mechanism completely subverts the high barrier to entry for traditional cryptocurrencies. You can participate in mining through your mobile phone, without the need for professional equipment or high energy consumption, and truly realize "everyone can mine". This inclusiveness has attracted hundreds of millions of users around the world, especially in developing countries that have been marginalized by the traditional financial system, laying the foundation for the popularization of decentralized finance (DeFi). vs. USD: The hegemony of the US dollar relies on centralized Fed policies and global settlement systems (such as SWIFT), while Pk breaks the monopoly of regions and institutions through distributed ledger technology and realizes the free flow of value. 2. Decentralized governance driven by community consensus The PK ecosystem is built by a global community, with users being both participants and decision-makers. This "fair and democratic" model of governance stands in stark contrast to the dollar's single-state control. Case: The PiGCV international community recruits merchants, developers, and ambassadors to promote the implementation of practical application scenarios (such as payment and DApp development), and gradually builds an economic closed loop independent of traditional fiat currencies. 3. Deeply aligned with global strategic trends Economies such as China, the European Union, and the Belt and Road Initiative are actively exploring blockchain technology, and PK's decentralization concept is highly consistent with China's inclusive financial policy and the EU's digital sovereignty strategy, and has received policy support from many countries. This international recognition paved the way for it to become a "super-sovereign currency". 2. Why Pk instead of Bitcoin or Ethereum? 1. Technological Innovation: Star Consensus and Sustainability PK uses the Star Consensus protocol, which is based on the Federal Byzantine Agreement (FBA), which allows individual devices to participate in consensus, ensuring efficiency and reducing energy consumption. Compare Bitcoin: Bitcoin relies on the PoW mechanism, resulting in the concentration of computing power in a small number of mining companies (1% of the mining pool controls 87% of the production capacity), which goes against the original intention of decentralization. Compare Ethereum: Despite Ethereum's shift to PoS, its governance is still dominated by foundations, while Pk's full community autonomy is closer to the "borderless finance" ideal. 2. Economic Model: Scarcity control and value potential PK artificially creates scarcity by mapping the mainnet in batches and limiting the early circulation, so as to avoid the speculative bubble caused by the flood of early circulation of Bitcoin. Prediction: During the 2024-2025 bull market, the P mainnet value is expected to exceed $30-100 and become a mainstream payment tool in emerging markets. 3. Application ecology: from payment to 10,000 enterprises on the chain PK is committed to building a Web3 decentralized app store, supporting developers to use its infrastructure to develop DApps, covering finance, logistics, social networking and other fields. Comparison with Ethereum: Although Ethereum is a DApp platform, its high gas fees and complex operations limit its inclusiveness, while Pk's mobile-friendly design makes it easier to reach the public. 3. How does PK promote de-dollarization? 1. Break the monopoly of dollar settlement PK's cross-border payments do not need to rely on the SWIFT system, and can be settled directly through the blockchain in seconds, weakening the status of the US dollar as the global reserve currency. The summit on the 7th was all about the proposal for the deposit of fake money. 2. Build a multipolar reserve system With the acceptance of Pk by the European Union and BRICS countries, it may become a supplement to the central bank digital currency (CBDC) of various countries, forming a dual-track system of "P + local fiat currency" to reduce dependence on the US dollar. 3. Resist the pass-through of dollar inflation The global inflation caused by the over-issuance of the US dollar has caused dissatisfaction in many countries, and the economic model of fixed and deflationary Pk provides a more stable choice for the store of value. Conclusion: PK's Mission and Future PK is not only a product of technological innovation, but also a declaration of war against the old financial order. It provides a practical solution for de-dollarization through inclusiveness, community autonomy and globalization strategies. When Bitcoin is trapped in a monopoly of computing power and Ethereum is subject to technical bottlenecks, Pk is quietly reshaping the world's financial map with a "grassroots revolution". Joining PK is not only to embrace the future, but also to participate in a financial revolution about fairness and freedom. ( finished )
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#DEFI #PI #PI Pi
The best vehicle for de-dollarization
At a time when the traditional financial system is increasingly exposed to its fragility and inequality, there is an urgent need for a truly decentralized, inclusive and transformative financial solution.
With its unique design concept, technical architecture and community-driven model, PK is becoming a revolutionary force to counter the hegemony of the US dollar and promote global de-dollarization. Compared with traditional fiat currencies, Bitcoin or Ethereum, Pk is not only technically superior, but also has the potential to reshape the socio-economic landscape.
; 1. Why can PK challenge the hegemony of the US dollar? 1. Inclusive and low-barrier global participation
PK's mining mechanism completely subverts the high barrier to entry for traditional cryptocurrencies. You can participate in mining through your mobile phone, without the need for professional equipment or high energy consumption, and truly realize "everyone can mine". This inclusiveness has attracted hundreds of millions of users around the world, especially in developing countries that have been marginalized by the traditional financial system, laying the foundation for the popularization of decentralized finance (DeFi).
vs. USD:
The hegemony of the US dollar relies on centralized Fed policies and global settlement systems (such as SWIFT), while Pk breaks the monopoly of regions and institutions through distributed ledger technology and realizes the free flow of value.
2. Decentralized governance driven by community consensus
The PK ecosystem is built by a global community, with users being both participants and decision-makers. This "fair and democratic" model of governance stands in stark contrast to the dollar's single-state control.
Case: The PiGCV international community recruits merchants, developers, and ambassadors to promote the implementation of practical application scenarios (such as payment and DApp development), and gradually builds an economic closed loop independent of traditional fiat currencies.
3. Deeply aligned with global strategic trends
Economies such as China, the European Union, and the Belt and Road Initiative are actively exploring blockchain technology, and PK's decentralization concept is highly consistent with China's inclusive financial policy and the EU's digital sovereignty strategy, and has received policy support from many countries. This international recognition paved the way for it to become a "super-sovereign currency".
2. Why Pk instead of Bitcoin or Ethereum?
1. Technological Innovation: Star Consensus and Sustainability
PK uses the Star Consensus protocol, which is based on the Federal Byzantine Agreement (FBA), which allows individual devices to participate in consensus, ensuring efficiency and reducing energy consumption.
Compare Bitcoin:
Bitcoin relies on the PoW mechanism, resulting in the concentration of computing power in a small number of mining companies (1% of the mining pool controls 87% of the production capacity), which goes against the original intention of decentralization.
Compare Ethereum:
Despite Ethereum's shift to PoS, its governance is still dominated by foundations, while Pk's full community autonomy is closer to the "borderless finance" ideal.
2. Economic Model:
Scarcity control and value potential
PK artificially creates scarcity by mapping the mainnet in batches and limiting the early circulation, so as to avoid the speculative bubble caused by the flood of early circulation of Bitcoin.
Prediction: During the 2024-2025 bull market, the P mainnet value is expected to exceed $30-100 and become a mainstream payment tool in emerging markets.
3. Application ecology: from payment to 10,000 enterprises on the chain
PK is committed to building a Web3 decentralized app store, supporting developers to use its infrastructure to develop DApps, covering finance, logistics, social networking and other fields.
Comparison with Ethereum: Although Ethereum is a DApp platform, its high gas fees and complex operations limit its inclusiveness, while Pk's mobile-friendly design makes it easier to reach the public.
3. How does PK promote de-dollarization?
1. Break the monopoly of dollar settlement
PK's cross-border payments do not need to rely on the SWIFT system, and can be settled directly through the blockchain in seconds, weakening the status of the US dollar as the global reserve currency. The summit on the 7th was all about the proposal for the deposit of fake money.
2. Build a multipolar reserve system
With the acceptance of Pk by the European Union and BRICS countries, it may become a supplement to the central bank digital currency (CBDC) of various countries, forming a dual-track system of "P + local fiat currency" to reduce dependence on the US dollar.
3. Resist the pass-through of dollar inflation
The global inflation caused by the over-issuance of the US dollar has caused dissatisfaction in many countries, and the economic model of fixed and deflationary Pk provides a more stable choice for the store of value.
Conclusion: PK's Mission and Future
PK is not only a product of technological innovation, but also a declaration of war against the old financial order. It provides a practical solution for de-dollarization through inclusiveness, community autonomy and globalization strategies. When Bitcoin is trapped in a monopoly of computing power and Ethereum is subject to technical bottlenecks, Pk is quietly reshaping the world's financial map with a "grassroots revolution".
Joining PK is not only to embrace the future, but also to participate in a financial revolution about fairness and freedom. ( finished )