Yeah they just did a demo of a global marketplace where sellers can register a business at a GPS location and provide a website for the purchasing or selling of good and service in pi.
stuff all in the Australia region (tho.. .did see someone selling pizza in Melbourne for Pi... ) but Heaps in south korea, various parts of Africa. South america and spotted across USA, Europe, etc.
ooh and tonnes in Philippines Oceania.
I guess if their are die hard fans that commence trade in it... as a currency, rather than a hoarded commodity, then it may find some stability in ecosystem as a unit of value.
i find it like: having a bank account where each bank converts it portion of held funds into some: arbitrary floated reverence value....
imagine: CBA$ vs NAB$ vs ANZ$.... all diverging with their own "relative to the Australian dollar" value.
in that scenario. i think most people would rather exchange their BANKS notion of money. into something more ... Centrally tangible.. like AUD$... but possibly continue to perform trade in their local$ for the "transaction ease"...
basically... like paypal... but without the actual accounting in various "currencies".
and at the moment. not impacted by capability to buy or sell it on currency exchanges.. unless possibly one of them get into the ecosystem to actually buy or sell their currencies inside the Pi ecosystem...
Wonder if i can register as a seller of AUD$ in exchange for Pi, inside the pi ecosystem... rather than the other way around...
if that's possible... it could become LIKE an exchange of goods, services and other "market instruments" rather than just a marketplace that NEEDS to link up to another system like binance or coinbase, or forex....
