Will it collapse and turn its flows into Pi?
The solution is simple and does not require any special philosophy. Bitcoin indeed played a significant role as the first global blockchain network, but it has become an old, slow, and expensive network, just like an old train that runs on burning coal and causes environmental pollution, compared to another fast train that operates on clean renewable energy, friendly to the environment. Therefore, from my point of view, Bitcoin will not be able to withstand the Pi Network... which has an unparalleled blockchain network and is building an ecosystem for a global financial system starting from the actual use of the currency in buying and selling products around the world and building practical applications and uses in real life. Thus, we will see banks and countries adopting the Pi Network currency and network, abandoning Bitcoin soon, simply because it will replace the US dollar in trade exchanges between countries. Don't be surprised if you see the price of a single Pi Network coin rise from less than a dollar to a global consensus price, as all of the world's assets, from gold and silver to oil and minerals, will be valued at the price of the Pi coin, not at the price of the dollar or Bitcoin.
The solution is simple and does not require any special philosophy. Bitcoin indeed played a significant role as the first global blockchain network, but it has become an old, slow, and expensive network, just like an old train that runs on burning coal and causes environmental pollution, compared to another fast train that operates on clean renewable energy, friendly to the environment. Therefore, from my point of view, Bitcoin will not be able to withstand the Pi Network... which has an unparalleled blockchain network and is building an ecosystem for a global financial system starting from the actual use of the currency in buying and selling products around the world and building practical applications and uses in real life. Thus, we will see banks and countries adopting the Pi Network currency and network, abandoning Bitcoin soon, simply because it will replace the US dollar in trade exchanges between countries. Don't be surprised if you see the price of a single Pi Network coin rise from less than a dollar to a global consensus price, as all of the world's assets, from gold and silver to oil and minerals, will be valued at the price of the Pi coin, not at the price of the dollar or Bitcoin.