Pi Network is causing a stir: US businesses start accepting payments

Pi Coin Goes Viral: Florida Businesses Start Accepting Payments

Pi Coin is taking another step into the world of cryptocurrency payments, as more and more businesses in Florida, USA accept it as a transaction method. However, the coin remains controversial as its mining mechanism is questioned by many experts.

Pi Coin Used In Real Estate Trading
Recently, Zito Realty , a Florida real estate company run by film producer James J. Zito , announced that it accepts Pi Coin in real estate transactions.

This makes Pi Coin the second cryptocurrency, after Bitcoin (BTC) , to be used to purchase real estate in the US.

Zito, one of the early Pi Coin miners, has always advocated for expanding the application of cryptocurrencies into reality.

Not just in real estate, Cube Motor , a car dealership in Florida, has also started accepting Pi Coin for car purchases .

Cube Motor has even appeared on the “Map of Pi” , a map that lists businesses that support payments in Pi Coin.

Is Pi Coin Really Valuable or Just a Short-Term Hype?
Following the positive news, Pi Coin price increased by more than 20% , reaching 1.90 USD . However, many experts still debate the real value of this coin.

Some analysis indicates that the value of Pi Coin depends heavily on the number of users , and wider adoption could boost long-term value.

However, Pi Network has also faced criticism. Bybit CEO Ben Zhou once called it a scam , warning that many people were using Pi Coin to attract investors with the promise of “free mining” through just a phone application.

In addition, Binance exchange has also recently been criticized for considering listing Pi Coin , despite 85% of users supporting it . Legal issues and practical application are still major barriers to this currency.