With the development and prosperity of technology, many attempts have appeared to develop an electronic system for money, which has been called digital currencies, which are virtual or digital currencies designed to work as a means of exchanging money in a digital and encrypted manner, through limited entries in a database that no one can change unless it is done. Fulfillment of specific conditions.

This has led to the emergence of many attempts to create a global banking system via the Internet using digital currencies, which have faced many criticisms, especially from international banks, as this currency threatens the banking system as a whole, and among the most prominent digital currencies is the Bitcoin currency, the latest of which is the attempt of the social media giant Facebook To create a Libra currency, and the Telegram instant messaging app Gram currency.

The reality of the pi network coin

Pi network is a new digital currency similar to Bitcoin, launched during the past months, by some students who have graduated from Stanford University, where it is traded through a process called mining, with a number of steps and equations that are made in a specific way to obtain the currency

Although pi network currency, like digital and regular currencies, its developers have added to it a profit system, whereby users of pi network currency can profit by exchanging it for regular currencies such as the dollar and many other currencies.

The emergence of long-term signs of social communication and communication through the e-mail communication service and the digital currency communication service, after Bitcoin achieved long success in its launch, and it shows a long time, indicating a long Bitcoin competition in the digital currency market and through its profits

Like Bitcoin, pi network's digital currency is handled by mining through an application on smartphones, which is stored on various global platforms and wallets such as blockchain, banknance and coinbase.

With the interest of many in the new pi network currency, some experts have warned users that the profits of the digital currency are unreal and exaggerated, and that you must be careful not to be scammed or hacked while dealing in this currency.