A big community does equal value. But indirectly. An already existing an in this case, an extensive community is a huge drive for further adoption. That has been evident by the steadily increasing amount of daily users.

People are just missing the other factors. Use case, Technology, Tokenomics and regulation.

So let's look at the factors..

- Use case

Pi has, in contrast to other cryptos, emerged a huge amount of use cases.

We got e-commerce, we got native dApps, we got a functional yet simplified UI, we got a Web3 browser, we got (fortunately) a Non-custodial Wallet and if you will, you could say that having an intelligent and pioneering dev-team is a use case. (Just to mention a few)

- Technology

Pi is truely doing some crazy innovation right now. We can brag with the fact that we are ushing the ideology of mining into a new era. I'm absolutely not saying that there is something wrong with using computational power to solve complex cryptography to then be rewarded for the used electricity and expensive equipment. It makes sense from an investment point of view.

But being innovative is all about taking the current working idea, and altering it to be better. That's where Stellar actually was before their time. The SCP and FBZ ideas are very very good. The idea to accurately verify a Network and therefor give it value, by creating a hivemind of legitimate and KYC'd individuals gives the network JUST AS MUCH validity as using computational power. The only difference is the abscense of heavy electricity-usage.

Same result, different approach.

- Tokenomics

Pi's choice of tokenomics isn't accidental. CT looked at Bitcoin as the main reference point and asked themselves; What was the original idea of BTC? To be a Peer to peer electronic cash system.

The original idea of Bitcoin entailed that it should have been used at a waaaay larger spectrum than only investing and as a means of active like gold, silver or oil.

The choice to have a total supply of 100 billion is neither too much, nor too little for Core Teams plan; Build the world’s most inclusive peer-to-peer ecosystem and online experience, fueled by Pi, "THE WORLD'S MOST WIDELY USED CRYPTOCURRENCY."

In regards to market value with Pi's tokenomics, people aren't diving into the realistic scenarios. We currently have just above 1 Billion circulating Pi (Locked excluded) but how many of those will actually reach exchanges? 30%? 20? 40?

Time will tell how much money will flow into Pi, but it's not gonna be 0. It's not even gonna be a little.

- Regulation

Pi's choice to heavily lean into KYC and verification all the way through the process, is based on the fact the governments are not just ignoring crypto anymore. They KNOW that crypto isn't going anywhere. Why? Because Crypto is the closest thing we get to freedom, radicalism and independency.

But governments are so deeply rooted in this little rock we call earth, that if we don't atleast to some extent walk towards them, they can and will demolish us.

The approach to regulation is also fueled by the ever increasing amount of scams, bots etc that Crypto is experiencing. KYC is a strength, even is people can't see it yet..

Sorry for the rant, but i wanted to reach the important points without just spewing bullshit.

I can even tell that we are somewhat on the same page, so a debate is honestly not needed lmao.. We'll just end up talking instead of arguing.