#litecoin

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Pi is a new digital currency developed by Stanford PhDs, with over 25 million members worldwide. To claim your Pi, follow this link https://minepi.com/cirou and use my username (cirou) as your invitation code to get 1 Pi for free, and then start ”mining” for more – simply by being active on a daily basis.

”Today Pi is worth approximately 0 dollars / euro etc. similar to Bitcoin in 2008. Pi’s value will be backed by the time, attention, goods, and services offered by other members of the network.”

Interview with the founder of Pi Network, Nicolas Kokkalis:

1. Senpia is mix of the word sentient and the abbreviation (P)lural (i)internal (a)xperience (the alternative spelling of experience is inside joke between me and my friend it references like the alternative way of living as a system hence like alternative spelling I hope that made sense) It has nothing to do with the word senpai and isn't pronounced like it at all....

2. The main reason for collecting donations is to put it towards hosting a full functional website. Websites are not free you have to pay for the domain and you also have to pay for hosting (both of which are not one time payments) and the amount of storage you get varries as well as the quality. (Like you can host a site on some places cheap but the site will load really slowly ) it's not something that's required it's optional. I chose Litecoin over Bitcoin and Ethereum because Litecoin is what is considered a "stable coin" the value stays relatively the same whereas Bitcoin and Ethereum have huge value fluctuations. You can also track crypto transactions on a Blockchain explorer like https://blockchair.com/litecoin it shows you all the money in the wallet and all of the transactions , but I understand if not everyone is comfortable with it I can find something else (Also I didn't know about PayPal business I can Google it and do more research so ty : D)

3. Cryptocurrency is not inherently bad for the environment that's misinformation crypto mining is bad for the environment 🤦‍♀️ as it utilizes huge amounts of energy which is powered using fossil fuel. https://earthjustice.org/feature/cryptocurrency-mining-environmental-impacts and accounts for 0.3% of global emissions worldwide https://news.climate.columbia.edu/2022/12/20/failing-crypto-could-be-a-win-for-the-environment/#:~:text=This%20takes%20enormous%20amounts%20of,all%20global%20greenhouse%20gas%20emissions.

Cryptocurrency mining is it's own sort of separate "industry"

and you can't unintentionally mine crypto? It's something you have to intentionally do and often times requires complex machines to "mint" new crypto. (Remember kids there is a lot of misinformation online and if people can't provide sources for there claims always be skeptical)

Thank you for the info!

On the whole crypto thing, I don't think people are suggesting that trading Crypto directly harms the environment. I'm not super educated on the subject so people can correct me if I'm wrong, but I think the real issue is that it's still supporting the crypto-economy.

The best comparison I can think might be Diamonds. Diamond mining is also damaging to the environment. And diamonds, like Crypto, are mostly expensive because we decided they are.

When you buy a diamond, you aren't directly harming the environment but you are creating more demand. And more demand keeps diamonds expensive which keeps them profitable for the people who are harming the environment. Industries wouldn't mine Crypto if nobody used it.

As I see it, the issue is that using Crypto incentiveses harming the environment even if you aren't harming the environment yourself. It's l the economics.

Also, I'm not sure what you mean about not being able to mine Crypto unintentionally or how it factors into the conversation but Cryptojacking exists and can use people's PCs.

If I might offer a bit of constructive criticism, I think there are a lot of issues with this that might make it inaccessible and unlikely to catch on.

The fact that the term is based on an inside joke. The acronym not really feeling accurate (why is an individual headmate referred to as a Senpia if the acronym calls it a plural internal experience?) The name itself not having its origin or meaning listed on the site. The fact that anyone who Googles it will have Google assume they meant Senpai.

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