RobsyUK

iTrader: (2)

Anyone heard of Pi the new bitcoin?

Most of you know more about crypto currency than me but I figured I'd give this one a go. After all it's free.

I am sending you 1π! Pi is a new digital currency developed by Stanford PhDs, with over 33 million members worldwide. To claim your Pi, follow this link https://minepi.com/Robsyuk and use my username (Robsyuk) as your invitation code.

stockcar

got SCAM written all over it and the way that the 'ponzi' scheme of cyrpto has collapsed reccently you would be far better buying up tubs of Lurpak!!

johned

Well said.

Gambit

iTrader: (6)

https://www.investingcube.com/pi-pri...yptocurrencies

"As a result, many people have said that Pi seems like a scam since it does not solve any problem"

mirjanamia

The whole website does look like a scam and is more like an April joke. Especially now when all the cryptos experience a downfall. I think that all the cryptos are a scam, considering how many people lost their money and how many made money from the air. It’s not right to have a currency that’s not backed by anything and can be made from air.

RobsyUK

iTrader: (2)

You not seen bitcoin at the minute. It's up up up. I sold at 20 and wish I hadn't

ALi-B

iTrader: (1)

Funny thing that's what western currencies are based on. The FIAT money system. it's not actually backed by anything physical, bar our economy...hence all the obsessions with growth. The Euro, Stirling, Dollar is not linked to any physically existing commodity. It's value is linked to people's willingness to trade in those currencies. The dollar or pound is no more real than a bit coin. Hence why when our governments are in a squeeze they print more (liking mining a bitcoin).

Back in the day currency was valued by a physical commodity like Gold, but UK stopped before WW2 and the USA stopped using the Gold standard in the 1970's.

IdonthaveaScooby

US is **** scared the world wont be reliant on the dollar

https://seekingalpha.com/article/450...s-gold-bitcoin