💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
#PI# - **Current Situation**
Pi Network is a cryptocurrency project that enables mining through mobile phones, aiming to create a decentralized ecosystem. It is currently in the "mainnet" stage, but free trading has not yet been opened, and the token value has not been recognized by the mainstream market.
- **Future Challenges**
- **Technical implementation**: It is necessary to address issues of mainnet stability, transaction efficiency, and security.
- **Compliance**: Facing global regulatory pressure on cryptocurrencies, especially regarding anti-money laundering and user identity verification.
- **User Trust**: The prolonged closure of trading has raised community doubts, and it is necessary to demonstrate its actual application scenarios (such as payment, DApp ecosystem).
- **Potential**
If a decentralized application ecosystem is successfully implemented and compliant permissions are obtained, it could become a niche payment tool, but it must overcome the competition from mature projects like Bitcoin and Ethereum.