"From Liquidity to Usability: Dr. Fan Chengdiao Outlines the Inclusive Path of Web3" btc#ETh pi 1. The future of cryptocurrency is not on trading charts, but in the daily lives of ordinary people. "The Future of Cryptocurrency: From Liquidity to Practicality - The Innovative Path of Web3." On October 1, at the TOKEN2049 conference in Singapore, Dr. Fan Chengdiao, co-founder of Pi Network, took the stage at TON with this thought-provoking speech theme, directly addressing the core challenges and transformation directions in the Web3 field. After years of speculation and volatility in the cryptocurrency industry, this speech is not only a profound reflection on the current state of the industry but also a firm echo of the mission of the Pi Network white paper – to establish a smart contract platform for cryptocurrency that can be utilized by ordinary people. 2. Confronting Industry Pain Points: When Technology Deviates from Humanity Dr. Fan candidly pointed out the three fundamental issues currently present in the Web3 space: high entry barriers, insufficient practical value, and a disconnect between technology and real societal needs. These issues have caused blockchain technology to fail in fulfilling its promise of inclusivity. Many blockchain applications still require users to have specialized knowledge, making it difficult for ordinary users to participate easily. In the frenzy of pursuing technological innovation, we seem to have forgotten the original intention of blockchain - to create a fairer and more transparent economic system. Resources are overly concentrated in the hands of a few participants, making it difficult for ordinary users to enjoy the dividends brought by technological development, which contradicts the original intention of Web3's "decentralization and inclusiveness." Dr. Fan's insights reveal a reality: when technology deviates from humanity, innovation loses its meaning. 3. The Symbiosis of AI and Blockchain: Creating New Possibilities for Fairness Dr. Fan specifically discussed the collaborative potential of artificial intelligence and blockchain technology in her speech. She believes that the rapid development of AI is reshaping our understanding of concepts such as labor force and economic fairness. If blockchain technology can be appropriately combined with AI, it has the potential to create a more equitable and transparent technological ecosystem. This perspective provides the industry with new ideas: the symbiotic relationship between AI and blockchain may be the key to solving the inclusiveness dilemma. AI can enhance the efficiency of on-chain data processing and lower the user operation threshold, while blockchain provides AI with trustworthy data and decision records. This integration not only enhances technical efficiency but also opens up new possibilities for under-served areas and populations. IV. Practice of Pi Network: Building for the Silent Majority Dr. Fan's shared practice path of the Pi Network perfectly embodies the core vision of the project. Through the "action-first" mobile mining model, Pi Network significantly lowers the participation threshold, allowing users to participate without professional equipment. This stands in stark contrast to the traditional mining model that requires a large amount of electricity consumption, not only reducing financial costs but also decreasing the environmental footprint. What is even more worth paying attention to is that Pi Network is working to build a utility-based ecosystem that supports third-party developers to create applications on the platform, shifting the focus from "token price" to "what practical problems technology can solve." This shift is exactly the transformation the industry urgently needs — from speculation-driven to value-driven. Dr. Fan emphasized that the true value of blockchain lies in solving real-world problems. Pi Network has over 20 million KYC-verified users and more than 70 million total users worldwide, and this massive user base is waiting for truly practical decentralized applications. 5. The True Meaning of Inclusive Digital Currency Dr. Fan's speech reminds us of the mission outlined in the Pi Network white paper: to create a digital currency that everyone can access and use via mobile devices. Inclusive digital currency means that everyone can access and use it without being limited by technology, economy, or geography. In the vision of Pi Network, this is reflected as: easy access via mobile phone, no high costs, decentralized and secure, usable as a daily trading tool, and supporting financial inclusion. These characteristics are a concrete manifestation of the concept of "practicality" that Dr. Fan discussed in his speech. Practicality is not about complex technical parameters, but rather about whether it can be simply used in daily life—purchasing goods, services, or making transfers. 6. Moving Towards an Inclusive P2P Market Dr. Fan's speech pointed the way forward for the cryptocurrency industry: shifting from a fascination with Liquidity to a pursuit of practicality. When cryptocurrencies can solve real problems in the daily lives of ordinary people, when blockchain technology can provide financial services to those without bank accounts, and when Web3 truly integrates into our daily lives, then Dr. Fan's vision and that of Pi Network — "to build the most inclusive p2p market in the world driven by Pi" — will no longer be distant. The journey from liquidity to practicality is precisely the path of Web3 returning to its original intention and reclaiming its mission. It requires us to stop asking "How high will the token price go?" and instead ask "What practical problems can this technology solve?" As Dr. Fan pointed out, in the coming years, the core competitiveness of Web3 will no longer be "who can create higher Liquidity," but "who can build more practical products and ecosystems." When the wave of cryptocurrency returns from speculation to practicality, when technology returns from complexity to simplicity, and when participation returns from elites to the masses, we may finally witness the birth of the most inclusive digital economy as depicted by Dr. Fan Chengdiao and Pi Network!

10.04 All in Morning Report: The entire BSC has become Jinxi Northwest, everyone is issuing tokens, it feels like many tokens are issued by the friends in the adjacent group, otherwise how come they all shout from the bottom, and when they shout, it skyrockets, and after it goes up, it just crashes. 1. $BTC is currently being pumped to the point where everyone believes a new high is just around the corner, and a large number of people have started to switch coins. 2. $ETH currently looks good following Bitcoin, with no independent market, completely following Bitcoin;