JUST IN : Here's how to buy goods from amazon, pay with pi coin - hokanews

 

JUST IN : Here's how to buy goods from amazon, pay with pi coin - hokanews 

hokanews.com - Pi Network is a cryptocurrency that was first introduced in March 2019 by a team of developers led by Dr.  Nicolas Kokkalis, a professor of computer science at Stanford University.  The Pi Network aims to be an easy-to-use and accessible cryptocurrency for anyone, including those who have never been involved in the crypto world before.

Pi Network uses decentralized blockchain technology and has its own consensus protocol called "Proof of Stake" (PoS).  PoS allows users to validate transactions using their own computing power, which allows the Pi Network to operate more efficiently and save energy.

The Pi Network differentiates itself from other cryptocurrencies by using a different mining system.  While other cryptocurrencies require expensive hardware to mine, Pi Network allows users to mine using their own mobile devices.  Mining on the Pi Network does not require large computing power so that anyone can do it.

In addition, Pi Network also introduced the concept of "Circle of Trust" which allows users to invite their friends and family to the network and get additional rewards.  This concept aims to expand the use of the Pi Network and increase cryptocurrency adoption among a wider range of users.

Pi Coin itself can still be obtained for free by everyone.  It's just that you need a smartphone and internet when you enter the pi network application.

Even now, active mining on the pi network is estimated to have reached 45 million active users.  From before, it was calculated that there were around 35 million active users.  The figure of 45 million active users is a figure that has jumped even more sharply.  Downloads from Playstore itself are currently at 50 million + downloads.  That doesn't include those who use iPhones.

The Pi Network is currently still on the Closed mainnet, not yet listed on cryptocurrency exchanges, on this Closed mainnet all the pioneers are sure to be proficient enough to understand how to use the pi coin itself, How could Pioneers not know about it, the pi coin that  already included in the Pi blockchain wallet, Pioneers can already use it to make transactions with goods, both pioneers and marketplaces that are ready to accept payments with pi coin.

And it's Closed mainnet at the moment, Pioneers don't try to sell pi coin with fiat money which is on black market.  This is strictly prohibited by CoreTeam itself.  As before, one of the Pioneer accounts has been blocked by CoreTeam for violating the rules of the Pi Network, for pioneers who don't know about it, you can see it here.

Because the Pi network is still on a closed mainnet and you can shop with pi coins anywhere that is ready to accept payments with pi coins.

As recently there was a stir on Twitter social media, one of the pioneers bought one of the products on Amazon.

This was revealed from one of the posts shared by the Pioneers on their Twitter account.  hokanews.com  monitoring from the pioneers Twitter account is very clear that he wants to order one of the items on Amazon, the post shared by the pioneers looks very clear like this:

#Pioneers let’s keep on trading goods for #pi and make #picoin more valuable.

🚨 Offer me these socks 🧦 from @amazon they’re worth $14.99
Let’s negotiate for the price.

#PiNetworkUpdates #pinetwork #pinetworkworld #picoreteam #PiNetworkLive #PiPayments #pinetworkkyc #pinews
hokanews.com does not publish articles without sources.  For more details, see the image below:

Twitter image source 

Actually, Amazon itself has not officially accepted payments with pi coins, but there is nothing wrong with the method used by the Pioneers, it uses a super unit method and is very rarely known or even carried out by other pioneers.  Previously, it was reported that the pioneers had succeeded several times through purchasing in this way, for pioneers who don't know about it, you can see it here.

How do these pioneers look for one of the items that are on the Amazon application, and he offers the item to anyone who is ready to buy the item at a price that has been set by the seller on Amazon.  After the buyer buys the item and sends it to the earlier pioneers, the pioneer will pay for the item he received with pi coins, at the price of the pi coins that they both agreed on.  It is true that for the price of pi coins on this closed mainnet, it is the vendor who determines the price. And if the purchase is agreed, the transaction will occur.

Like the products distributed by the Pioneers from the Amazon application, such as socks, the price of these socks on Amazon is around $ 14.99.

These pioneers also don't forget to share product links from Amazon, so that anyone who buys these items from Amazon and is ready to accept payments with pi coins from these pioneers to purchase products from Amazon at a price of $14.99 can easily click on the link.  those who have been pioneers put it on Twitter posts.

The link shared by Pioneers on Twitter is like this:

LINK FOR THE PRODUCT 

Dickies Men's Dri-Tech Moisture Control Quarter Socks Multi-Pack

For more details, see the image below:

Twitter image source 

What is Amazon? 

Amazon is the world's largest electronic commerce (e-commerce) company founded in 1994 by Jeff Bezos.  The company was originally founded as an online bookstore, but over time, Amazon has developed into an online store that sells various products such as electronics, household furniture, clothing, food, and many more.

One of the things that has made Amazon such a success is the fast delivery service they offer.  Amazon Prime, an annual subscription program that offers free two-day shipping on millions of products on Amazon, has become one of the top perks for Amazon customers.

Amazon also owns a cloud computing business, Amazon Web Services (AWS), which offers a variety of cloud computing services such as data storage, databases, data analytics, and machine learning.

In addition, Amazon is also developing various other technology products and services such as Kindle tablets, Amazon Echo smart speakers, and video streaming service Amazon Prime Video.

As of 2021, Amazon is one of the world's largest technology companies with revenues of $386 billion and more than 1.3 million employees worldwide.  The company continues to innovate and expand its business to various industrial sectors, such as health and logistics.

While Amazon has been successful in its business, the company has also been in the spotlight for criticism regarding its business practices.  Some of the criticisms leveled at Amazon include the treatment of workers, the use of customer data, and market dominance.  However, Amazon is constantly working to improve its business practices by improving working conditions and paying attention to customer privacy.

What about other pioneers, have you tried the method from the pioneers above, remember not to get it wrong.  Afraid that you can lose your pi coins if you don't know the person you have transferred the pi coins to, but the goods don't arrive, if you want to use the method from the pioneers above, use it wisely, if you don't know the way, it's better to save your pi coins first, get out  your pi coin later when the pi network ecosystem is running perfectly, believe me the pi network will be very beautiful in the future.  Don't give up, wealth is not built in one night.

What is Pi Network?

Pi Network is a new cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining device battery. The Pi blockchain secures economic transactions through a mobile meritocracy system and a complete Web3 experience where community developers can build decentralized applications (dApps) for millions of users.

That's a little information that we can share with all the pi network communities.  
Hopefully this is useful, keep the spirit, don't give up.
If the information from hokanews is useful, don't forget to share it with other pioneers.

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Thanks to all the pioneers, warm greetings from the hokanews team.  Information from the pi network community for all pioneers