The Truth Behind Pi Coin’s GVC Controversy: Revolutionary Value or Just a Massive Illusion?

Jakarta, Pintu News – The big debate over Pi Coin’s Global Consensus Value (GVC) is getting heated within the Pi ecosystem.

Some supporters of the Pi Network community are pushing for the implementation of a fixed value based on the mathematical constant π (3.14159). In fact, some are proposing prices as high as $314,159 per Pi token.

However, the idea of a dual value system was challenged as the price of Pi Tokens on exchanges was only around $0.60. This huge difference-up to 500,000 times-raises doubts about the viability of the system.

As of June 12, 2025, Pi Network’s price is holding above the strong support level of $0.60, and market analysts estimate a potential upside of up to 35%.

The presence of a Community-Driven Liquidity Pool (CDLP) is predicted to bring Pi one step closer to achieving Global Consensus Values.

Pi Coin’s GVC value could exceed the world’s GDP

Dr. Altcoin, a renowned analyst and member of the Pi Network community, stated that the implementation of the Global Consensus Value (GCV) for the Pi Network makes no economic sense.

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He explained that despite the current circulating supply of 7.4 billion Pi, the GCV remains unachievable.

In fact, according to Dr. Altcoin, with a smaller supply of 340 million Pi, if the GCV value of $314,159 per token is applied, the total value of Pi would be equivalent to the annual Gross Domestic Product (GDP) of the entire world. He said:

“GCV has no basic economic model and is not based on realistic valuation principles. Its main goal is simply to promote Pi as a free digital currency globally, and that goal has actually been achieved a long time ago.”

While the debate on GCV continues to rage among Pi Coin users, the Pi Core Team has not officially accepted or rejected the concept of GCV.

According to Dr. Altcoin, this stance was taken deliberately because GCV has served as an effective promotional tool for Pi Network.

Now, the community’s attention is focused on Pi Day 2 to be held on June 28, 2025, where the Pi Network community hopes that the Pi core team will provide clarity regarding the long-debated GCV issue.

Pi Network Supporters Defend GVC Concept

Supporters of the Pi Network, including some Pi Coin users, defended the Global Consensus Value (GVC) campaign by emphasizing that the initiative is not solely about price.

According to them, GVCs promote values such as financial freedom, community harmony, and decentralized trust.

Analysts like Mr. Spock suggest that a dual pricing model could provide stability in the Pi ecosystem, by balancing community idealism and market dynamics. In a message on the X platform, Mr. Spock stated:

“GCV was never intended for open speculative markets. GCV was designed to thrive within the Pi Ecosystem, a safe, closed environment where value is determined by real utility-not mere hype. Those who rush into the Open Network in the hope that GCV will be implemented directly have misunderstood its role.”

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But later, there was disappointment from a number of Pi Coin users who reported their Pi wallet balances were empty, even though they had followed all the migration instructions provided by the Core Team.

Outside of the spotlight on GVC, some members of the Pi community began supporting the Community-Driven Liquidity Pool (CDLP) initiative in an effort to regulate prices. The plan is that 10 million users will buy $10 worth of Pi every month, creating $100 million of liquidity on the network.

In addition, Pi purchased through CDLP will be stored directly in the user’s personal wallet, without the need for a third party to be involved as an asset custodian.

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Reference:

• Coingape. What’s Pi Coin GVC Debate All About In Pi Network Community? Accessed on June 13, 2025