Manh Ngoc Hung

OUR VICTORY IS A NEW BEGINNING! We Have Achieved the Victory of the Global GCV Movement! This victory represents the dedication, perseverance, and collective efforts of pioneers around the world who have worked tirelessly to promote GCV education and build global consensus. But our journey does not end here. A new mission begins! NOW, WE CALL UPON ALL PIONEERS TO UNITE AND SUPPORT THE PI VISION! Let us work together to: 1. Strengthen the Pi ecosystem and expand real-world utility. 2. Encourage more merchants and businesses to accept Pi. 3. Promote real-world transactions through partial Pi payments at GCV, allowing customers to pay a portion of their purchases in Pi at GCV value, with the remaining balance paid in fiat currency. 4. Expand the International GCV Industry Alliance and establish more merchant partnerships. 5. Educate and unite pioneers around the world. 6. Build confidence, cooperation, and long-term commitment to the Pi ecosystem. Partial Pi Payments at GCV: A Practical Bridge Toward Real-World Adoption! We believe that every merchant partnership, every transaction, and every step toward real-world utility contributes to building a stronger Pi ecosystem. Our ultimate mission is to support Pi's vision of becoming a widely adopted digital currency with practical value and real-world utility. One Vision. One Community. One Mission. We have come this far together. Let us move forward together! Support Pi Vision. Promote GCV Adoption. Build the Ecosystem. Make Pi a True Digital Currency! Doris Yin Founder & Chairperson Global GCV Movement

DORIS YIN WISDOM TALK #24 Authority Is a Double-Edged Sword — Virtue Is the Foundation of Leadership Authority is a double-edged sword. When used wisely, authority can help a community grow, strengthen the Global GCV Movement, and contribute to the success of Pi Network. However, when a person possesses authority without the virtue and moral character to carry that responsibility, authority can become a weapon that harms others. Instead of serving the community, such a person may begin pursuing personal interests, exploiting the trust of others, and using their position for personal gain. These actions can damage the community, undermine unity, and ultimately harm Pi Network. In the end, they may also bring consequences upon themselves. A person may have authority, but must never lose their moral foundation. A person may hold a position, but must never forget their original purpose. A person may receive support, trust, and opportunities from others, but must never become ungrateful or betray those who helped them. Ingratitude and betrayal reveal a serious failure of character. When someone forgets their roots, disregards the kindness they have received, and even betrays a mentor who once guided, supported, trusted, and helped them grow, they are not simply turning against another person. They are abandoning the very principles of gratitude, loyalty, and moral integrity that should guide their lives. How can someone who betrays their own roots and forgets the kindness of others expect to earn lasting trust and respect? Character must always come before authority. Virtue must always come before status. Authority may temporarily elevate a person's position, but only virtue determines how far that person can truly go. In the Global GCV Movement, we must remember that ability and contributions are important, but character, gratitude, responsibility, integrity, and loyalty are equally essential. Leadership is not merely about having power over others. It is about having the virtue to serve others. Never allow authority to make you forget gratitude. Never allow personal ambition to destroy your integrity. And never forget the people and principles that helped you become who you are today. — Doris Yin Founder & Chairperson Global GCV Movement

GLOBAL GCV MOVEMENT INTERNATIONAL GCV INDUSTRY ALLIANCE SPECIAL ENVOY OFFICIAL CODE OF CONDUCT FOR SPECIAL ENVOYS By Doris Yin Founder & Chairperson Global GCV Movement ARTICLE 1: ORGANIZATIONAL AFFILIATION, IDENTITY, AND MISSION The Special Envoy is an important commercial development position within the International GCV Industry Alliance under the Global GCV Movement. Special Envoys belong to the International GCV Industry Alliance and play an important role in business expansion, corporate partnerships, merchant development, and promoting the real-world commercial application of Pi. It is important to clearly distinguish between two separate systems: GCV Ambassador: Belongs to the Community Service System, primarily responsible for Pioneer community service, GCV education, and promoting global consensus. Special Envoy: Belongs to the International GCV Industry Alliance, primarily responsible for business development, corporate partnerships, merchant expansion, and promoting the real-world economic application of Pi. These two systems have different identities, responsibilities, and functions and must not be confused with one another. The core mission of a Special Envoy is to serve as a bridge between Pi Network and the traditional business world. Through individuals with business backgrounds, corporate resources, and industry experience, we aim to introduce Pi to more companies, merchants, and business partners, bringing Pi into local economies, national commercial markets, and international cross-border trade. ARTICLE 2: BUSINESS BACKGROUND AND PROFESSIONAL QUALIFICATIONS Special Envoys should, in principle, possess a business background, business ownership or management experience, industry resources, or commercial development capabilities. We are not simply looking for people who can promote Pi. We need individuals who can genuinely introduce Pi into the business world, establish commercial partnerships, and facilitate actual business transactions. Special Envoys should possess the following capabilities: Experience in business operations, corporate management, or relevant industries. Access to merchant resources, corporate relationships, or business networks. The ability to introduce Pi payment applications to traditional businesses and merchants. The ability to organize business networking, merchant promotion, and industry cooperation activities. The ability to help more businesses understand and accept Pi payments. The ability to promote the practical application of Pi in real-world commercial environments. ARTICLE 3: AUTHORIZATION FOR BUSINESS OPERATIONS, PROMOTION, AND COMMERCIAL PROFITS The fundamental difference between a Special Envoy and a GCV Ambassador is that a Special Envoy is an active participant in the business sector. Therefore, Special Envoys are permitted to: Use community platforms and community resources to promote their own businesses, products, and commercial services. Advertise their business brands and expand their corporate visibility and market influence. Establish companies, develop business operations, and conduct legitimate commercial activities. Earn reasonable profits through sales, product transactions, and commercial services. Develop business partnerships and establish merchant networks and industry alliances. Connect with more companies and merchants to promote Pi adoption in local and international markets. Organize business promotion campaigns, merchant networking events, and market expansion activities. The Global GCV Movement and the International GCV Industry Alliance support Special Envoys in earning reasonable profits through legitimate and genuine business operations. We recognize that commercial operations require financial investment, employee salaries, operating expenses, marketing costs, and other necessary expenditures. Commercial profitability is essential for the sustainability and continued development of a business. We encourage Special Envoys to become successful Pi business practitioners and to use their own companies and commercial achievements as practical examples for other traditional businesses. ARTICLE 4: MANDATORY ACCEPTANCE OF PI (GCV) PAYMENTS This is the most important responsibility and a fundamental requirement of the Special Envoy's commercial mission. Special Envoys must do more than promote Pi. They must demonstrate its real-world payment utility through their own businesses and commercial activities. Therefore, Special Envoys are required to support Pi (GCV) payments and provide a hybrid payment model combining Pi and fiat currency in their business operations. Specific requirements include: Businesses must provide customers with the option to pay using Pi (GCV). Customers may complete transactions using a combination of Pi and fiat currency. The specific payment ratio between Pi and fiat currency may be negotiated according to the commercial transaction, product value, and mutual agreement between the merchant and customer. Special Envoys are encouraged to introduce Pi payments across more products, goods, and commercial services. They should demonstrate the practical value of Pi in the business world through genuine transactions and actual business operations. Examples of hybrid payment arrangements include: 5% Pi + 95% fiat currency; 10% Pi + 90% fiat currency; 30% Pi + 70% fiat currency; 50% Pi + 50% fiat currency. The specific payment ratio may be negotiated between the merchant and customer according to the circumstances of each transaction. Special Envoys may earn profits through normal business operations while providing Pioneers with opportunities to use Pi for real-world purchases. Our objective is not to require businesses to sacrifice their normal commercial profits. Rather, we encourage businesses to maintain sustainable operations while actively accepting Pi payments. ARTICLE 5: UTILIZING COMMUNITY RESOURCES TO BUILD BUSINESS PARTNERSHIPS The International GCV Industry Alliance supports Special Envoys in utilizing community resources to advance commercial development. Community support is based on our shared vision: bringing Pi from community consensus into real-world commercial applications. Special Envoys are permitted to use community platforms to: Promote their businesses, companies, and products. Publish merchant partnership opportunities and business recruitment announcements. Identify and establish new commercial partnerships. Connect with merchants interested in accepting Pi payments. Promote business projects that support GCV. Organize business networking activities between local merchants and Pioneers. Establish regional, national, and international commercial cooperation networks. We encourage Special Envoys to use their business resources and community influence to bring more merchants into the Pi ecosystem. However, all commercial advertising and promotional activities must be truthful and transparent. Misleading or false information must never be used to deceive Pioneers or business partners. ARTICLE 6: ESTABLISHING DEMONSTRATION BUSINESSES TO ENCOURAGE MORE MERCHANTS TO ACCEPT PI Special Envoys should not limit their activities to promotion alone. We expect them to become genuine commercial practitioners. Every Special Envoy should strive to establish practical business examples demonstrating the real-world application of Pi. Through their own businesses, they should: Actually accept Pi (GCV) payments. Establish hybrid payment models combining Pi and fiat currency. Demonstrate genuine product transactions and commercial service cases. Share practical business experience with other merchants. Help traditional businesses understand how Pi can be used commercially. Encourage more merchants to accept Pi and expand the real-world commercial application network. When more merchants see genuine and sustainable examples of businesses accepting Pi, more companies will become interested in joining the ecosystem. One successful demonstration business can inspire many more merchants. A mature commercial network can help bring Pi into a much broader economic environment. ARTICLE 7: BUSINESS INTEGRITY AND COMPLIANCE RESPONSIBILITIES Special Envoys are permitted to conduct commercial activities and earn profits. However, they must uphold fundamental standards of business integrity and compliance. All Special Envoys must: Comply with applicable laws and regulations in their operating jurisdictions. Take responsibility for their own business operations, commercial contracts, and transactions. Ensure that all business advertising and promotional information is truthful and not misleading. Clearly disclose products, services, payment methods, and transaction terms. Respect the legitimate rights and interests of business partners and customers. Never make commercial commitments on behalf of the Global GCV Movement or the International GCV Industry Alliance without proper authorization. Never independently solicit funds in the name of either organization or promise investment returns without authorization. Special Envoys independently operate their own companies and commercial projects and bear the corresponding business responsibilities. The Global GCV Movement and the International GCV Industry Alliance may provide community support for commercial development aligned with our shared vision. However, such support does not automatically make either organization a guarantor or investor in a Special Envoy's commercial transactions. ARTICLE 8: SHARED VISION AND FINAL DECLARATION Special Envoys are an important part of the commercial development framework of the International GCV Industry Alliance. This position was established to build a bridge between Pi Network and the real-world business community. We need people who understand business, corporate operations, and market development to help bring Pi into the real economy. We support Special Envoys in establishing businesses, promoting products, expanding merchant networks, developing commercial partnerships, and earning reasonable profits through hybrid payment models combining Pi (GCV) and fiat currency. This is not only their own business development. It is also a practical contribution to the growth of the Pi ecosystem. Our shared objectives are: To introduce Pi to more companies and enterprises. To encourage more merchants to accept Pi payments. To provide more consumers with opportunities to use Pi. To bring Pi into local economies, national commercial markets, and international cross-border trade. To establish a Pi ecosystem with genuine real-world commercial utility. A Special Envoy is not merely a promoter of Pi, but a practical business practitioner and driving force behind bringing Pi into the real-world commercial economy. We hope every Special Envoy will utilize their business resources, corporate capabilities, and industry influence to create genuine commercial value for the real-world application of Pi. LET BUSINESS SUPPORT PI. LET PI ENTER THE BUSINESS WORLD. LET OUR SHARED VISION BECOME REALITY THROUGH ACTUAL COMMERCIAL TRANSACTIONS. Doris Yin Founder & Chairperson Global GCV Movement

GLOBAL GCV MOVEMENT OFFICIAL RECOGNITION & APPRECIATION HONORING THE CO-FOUNDERS OF GLOBAL GCV MOVEMENT – INDONESIA In Recognition of Outstanding Contributions, Dedication, and Leadership The Global GCV Movement hereby officially acknowledges and recognizes Mr. Yohanes Helebak and Ms. Lien Marlina, S.E., as the Co-Founders of the Global GCV Movement – Indonesia. This recognition is presented in appreciation of their dedication, commitment, leadership, and significant contributions to the development and expansion of the GCV Movement in Indonesia. Throughout their journey, both have played important roles in building the Indonesian GCV community, promoting GCV education, strengthening community engagement, and supporting the global mission of the Global GCV Movement. Their contributions represent the spirit of leadership, teamwork, perseverance, and commitment to building a stronger GCV community in Indonesia. We sincerely appreciate their efforts and recognize their important role in laying the foundation for the growth of the Global GCV Movement in Indonesia. Their contributions deserve our recognition, respect, and appreciation. Congratulations to our two Co-Founders! Let us continue working together to strengthen the GCV community in Indonesia and support the global vision of the Pi ecosystem. Doris Yin Founder & Chairperson Global GCV Movement

Doris Yin Wisdom Talk #26 Govern Your Own Thoughts and Let Go of Resentment We should not constantly wish for evil people to suffer bad consequences. If we hold on to such thoughts, we are also creating negative karma. When negative thoughts arise in our minds, we are planting negative seeds ourselves. Instead, we should maintain a compassionate and forgiving heart and sincerely hope that they can become better people. If they encounter difficulties, we should still do our best to forgive them and help them within our means. After all, helping them means letting them go—and, at the same time, freeing ourselves. If we constantly think, “I hope they suffer the consequences of their actions soon!” that thought itself is also negative. Therefore, we must learn to let go and not allow resentment to take over our hearts. When we truly understand the laws of the universe, we recognize that whether a person does good or evil, their actions will ultimately have consequences. The universe follows its own laws. We do not need to impose our own thoughts or wishes upon others, nor should we spend our days hoping to see them punished. What we truly need to do is govern ourselves. Control your own thoughts. Do not harbor evil intentions. Do not create negative karma. Do not allow yourself to become trapped in resentment. Whether others experience the consequences of their actions is their own responsibility. The law of cause and effect follows its own principles. Whatever causes a person creates, they must ultimately face the corresponding consequences. Those who commit harmful acts must eventually take responsibility for the causes they have created. Today, I simply want to share one essential principle with everyone: Govern your own thoughts. Maintain compassion and forgiveness. Let go of resentment. Do not allow the wrongdoings of others to lead you into negative thoughts or cause you to create negative karma yourself. Author: Doris Yin

Official Announcement: Resignation and Conclusion of All Positions The Global GCV Movement officially announces the resignation of Nonce Fenty Padja and Mr. Jason Wang, and the conclusion of all their positions within the movement. 1. Nonce Fenty Padja We sincerely honor and recognize Nonce Fenty Padja for her nearly four years of service and contributions to the GCV community. We appreciate her dedication, time, and efforts throughout these years. Nonce has chosen to pursue her own approach and methods for the GCV Movement. I respect her decision and her freedom to choose her own path. Accordingly, all her positions within the Global GCV Movement are concluded, including: - Global GCV Core Team Member - Cabinet Member - All positions listed on certificates issued by the Global GCV Movement - Indonesia Head of GCV Ambassadors 2. Mr. Jason Wang Mr. Jason Wang has submitted his resignation due to work commitments and personal health reasons. We understand and respect his decision to step away, and we sincerely appreciate his contributions to the GCV community. All his positions within the Global GCV Movement are concluded, including: - Global GCV Core Team Education Director - Dean of the Global GCV Leadership School - All other positions and responsibilities within the Global GCV Leadership School team 3. Respect for Independent Choices The Global GCV Movement has always respected different approaches and methods within the GCV community. We welcome independent collaborative community partners, while those who prefer not to become partners are equally free to operate independently. This announcement is not made out of hostility or opposition. It simply clarifies the decisions made by these individuals and the conclusion of their official positions. However, certificates issued by the Global GCV Movement represent specific roles, responsibilities, and authorization. Those who choose to pursue their own approaches independently are free to do so, but they may no longer use their former positions or certificates as authorization to represent the Global GCV Movement. We respect their choices, honor their past contributions, and wish them success in their respective paths. Different approaches can coexist. We can respect individual independence while maintaining clear organizational boundaries and responsibilities. Doris Yin Founder & Chairperson Global GCV Movement

Why Does the World Need a Global Unified Digital Currency Payment Network? From Global Economic Challenges and Trade Imbalances to GCV, Pi Network, and Mass Adoption Author: Doris Yin 1. What Economic Challenges and Social Crises Is the World Facing? Today, countries around the world are facing varying degrees of economic pressure. Rising prices, increasing living costs, unaffordable housing, fewer employment opportunities, and declining purchasing power are affecting the lives of ordinary people. In particular, European countries such as France, Italy, Germany, and Spain have experienced protests and social conflicts over living costs, wages, employment, agricultural policies, and government economic policies. Other regions are also facing economic pressure, social tensions, and public dissatisfaction. These developments remind us of an important reality: when economic pressure continues to accumulate, ordinary people find it increasingly difficult to maintain their standard of living, and existing systems fail to respond adequately, social tensions can intensify. We must ask ourselves: Why does the world have such a highly interconnected economy while so many countries continue to face serious economic difficulties? Why does international trade continue to expand while ordinary people still bear the burden of rising prices, declining purchasing power, and increasing living costs? These challenges are closely related to the global economic structure, international trade, monetary systems, and financial settlement mechanisms. 2. The Relationship Between International Settlement Currencies, Trade Surpluses, and Trade Deficits International trade is a fundamental component of the global economy, while the international settlement currency system provides an essential foundation for global trade. Countries experience trade surpluses and trade deficits. Persistent, large-scale trade imbalances that are difficult to correct can intensify global economic imbalances and create different pressures for different countries. The position of international settlement currencies, capital flows, exchange rate fluctuations, debt structures, and national economic policies all influence how international trade and financial systems operate. For example, countries issuing major international settlement currencies may enjoy financing and payment conditions that differ from those available to other countries. Meanwhile, other countries may face pressures involving foreign exchange reserves, exchange rate volatility, import costs, and external debt. When some countries depend heavily on exports while others rely heavily on imports, structural imbalances can emerge in international economic relationships. Persistent trade imbalances can also increase financial market volatility, debt risks, and trade tensions. These developments can ultimately affect ordinary people's daily lives. Currency depreciation, for example, can increase the cost of imported goods and put upward pressure on the prices of energy, food, raw materials, and other necessities. Therefore, currency depreciation and economic pressure are not problems that any single country can always determine or resolve independently. In an interconnected global economy, international trade, settlement currencies, and global capital flows can all influence a country's economic stability. This is why we must examine the global economic system as a whole and explore more open, interconnected, and efficient international payment and settlement methods. 3. Why Does the World Need a Global Unified Digital Currency Payment Network? Traditional financial systems consist of different national currencies, banks, payment systems, and financial regulations. Cross-border payments often pass through multiple institutions and settlement procedures, creating additional costs, delays, and operational difficulties. For ordinary people, international remittances can involve additional fees. For merchants, the complexity of international settlements can increase operating costs. For the global economy, barriers between different payment systems can limit the efficiency of commercial activities. The world needs a digital payment network that connects people, businesses, and merchants across countries, allowing value to move more conveniently through global economic activities. A global digital currency payment network should aim to: Improve the efficiency of cross-border payments and settlements. Reduce unnecessary transaction costs. Connect consumers and merchants across different countries. Provide more convenient payment options for international business. Integrate the digital economy with real commercial activities. Give more ordinary people opportunities to participate in the global digital economy. The global economy has entered a new stage of digital development. We need more than technological innovation. We need new financial infrastructure capable of connecting global users, commercial activities, and economic opportunities. 4. Pi Network Is Not Intended to Replace National Sovereign Currencies, but to Complement Existing Systems One point must be made absolutely clear: Pi Network is not intended to replace any country's sovereign currency or conflict with the legal currencies of different nations. Its purpose is to complement the shortcomings of existing international payment and settlement systems, particularly in international trade. Every country has its own sovereign currency and financial system. Pi Network represents an opportunity to explore new possibilities in the digital economy, especially in cross-border payments, international trade, and global commercial connectivity. International trade affects not only economic relationships between countries but also the daily lives of ordinary people. Imports and exports, international settlement currencies, exchange rate fluctuations, and trade imbalances can all affect import costs, domestic prices, and the purchasing power of national currencies. Currency depreciation pressures are not always something a country can completely control on its own. They can be influenced by complex international economic relationships. Therefore, we need to explore more open and convenient international digital payment methods that help consumers and merchants in different countries conduct economic activities while complementing the limitations of traditional cross-border payment systems. Pi Network's objective is not to replace national fiat currencies, but to explore a digital economic development path that complements existing monetary systems. Its focus is on connecting global commerce and facilitating international economic participation, not opposing the sovereign currencies of any country. We should approach this development with openness, rationality, and cooperation, allowing digital technology to create new possibilities for international trade and global livelihoods. 5. Pi Network: Building a Global Digital Economy Ecosystem Pi Network's long-term vision goes beyond digital currency trading. It aims to build a digital economic ecosystem connecting pioneers, merchants, developers, applications, and real commercial activities worldwide. Through blockchain technology, user participation, merchant cooperation, and application development, Pi Network offers new opportunities for building the global digital economy. A genuinely thriving digital economic ecosystem requires more users, more participating merchants, more practical applications, and an expanding range of real commercial activities. Only when digital currency increasingly enters practical use cases can digital assets establish closer connections with the real economy. 6. GCV: Global Consensus Value GCV stands for Global Consensus Value. It represents the value consensus established and advocated by the global GCV community, with a reference value of 1 Pi = US$314,159. The Global GCV Movement promotes education, consensus-building, merchant cooperation, and real economic activities. Its mission is to help pioneers around the world understand the GCV concept and translate consensus into practical action. The development of GCV depends on the participation of pioneers worldwide. Through education, consensus-building, and ecosystem development, pioneers can help expand the reach of GCV and promote Pi's use in real commercial activities. 7. Pioneer Awareness Determines the Strength of Ecosystem Development Pi Network has been developing for many years, its technological foundation has continued to develop, and GCV has established its own consensus foundation. In my view, given Pi Network's existing technological capabilities, KYC and Migration could have progressed much faster. The issue that needs to be addressed is not simply technology, but why progress remains so slow and why the project team has been reluctant to proceed with large-scale migration. Many pioneers still regard Pi as an ordinary digital currency worth only a few cents. They focus exclusively on short-term market prices, chase rumors, and sometimes sell their Pi out of fear or even uninstall the application because they lack confidence. These behaviors reflect insufficient understanding of Pi's long-term vision among some pioneers and create uncertainty for the development of the entire ecosystem. Technology is the foundation. GCV is the consensus. Pioneer awareness is the driving force. Practical action is the key to ecosystem development. 8. What We Need Most Right Now Is KYC and Migration What we all need most right now is KYC and Migration. The reason progress has been slow lies in the uncertainty and risks brought about by pioneers, which have caused the project team to hesitate to carry out large-scale migration. Pioneers' awareness, behavior, and support for Pi's long-term vision directly affect the project team's assessment of the ecosystem's development prospects. Only when pioneers improve their awareness, build consensus, and strengthen confidence can this uncertainty be reduced, enabling the project team to accelerate KYC and Migration, promote ecosystem development, attract outside capital, and ultimately achieve Mass Adoption. 9. Promoting Real Commercial Applications and Mass Adoption The global digital economy cannot remain at the level of slogans and discussions. Ultimately, it must translate into real commercial activities. We need more users, more merchant partnerships, more practical applications, and more real transactions so that Pi can gradually become part of everyday life and commercial activities. For merchant partnerships, partial Pi payments combined with fiat currency should be adopted according to each merchant's actual business conditions. This approach can promote Pi's practical use while allowing merchants to retain the cash flow needed to pay taxes, replenish inventory, cover rent, and pay wages. Only by continually expanding practical applications and encouraging consumers, merchants, and developers to participate can we gradually build a sustainable economic ecosystem and create the conditions for Mass Adoption. 10. The Mission of Global GCV Education The Global GCV Movement continues to promote pioneer education to help pioneers improve their understanding, build consensus, understand the long-term vision, and translate these ideas into practical action. Every pioneer should study Pi Network's long-term vision, carefully learn the GCV educational materials, actively share relevant ideas, support merchant partnerships, promote practical applications, and devote more effort to ecosystem development. We need to build a global pioneer community with awareness, confidence, and a strong willingness to take action, transforming consensus into real momentum for ecosystem development. 11. A Call to People Worldwide: Learn About Pi Network and Explore New Opportunities In the face of global economic pressure, international trade imbalances, currency depreciation, and rising living costs, we must recognize that many economic problems cannot be solved independently by any single country. Every country participates in international trade. International settlement currency systems, capital flows, exchange rate fluctuations, and global economic uncertainty can all affect a country's economic conditions. Even when people continue to protest, oppose policies, and voice their concerns, governments may not be able to independently change these deep-rooted structural problems. We need to seek new approaches rather than relying solely on confrontation, destruction, and protests to solve these problems. We need to proactively understand new technologies, explore new economic opportunities, and make more informed and responsible decisions about our future. Today, I sincerely call on ordinary people, citizens, and communities around the world to learn about Pi Network with an open mind and seriously study its principles, technology, and development vision. Pi Network offers ordinary people an opportunity to participate in a grassroots digital currency network through free mining. Those interested can learn about the participation process and applicable rules. For anyone considering purchasing Pi, it is equally important to understand market prices and associated risks and to make rational decisions based on their financial circumstances. Through broader participation, we hope to explore new economic opportunities based on digital technology and accessible to ordinary people. Through learning, consensus-building, participation, and practical applications, more people can understand digital currency, participate in the digital economy, and explore new possibilities for their future. Currency depreciation, economic imbalances, and structural problems within the global financial system will not automatically disappear simply because we choose to ignore them. If these problems remain unresolved for too long, economic pressures may continue to accumulate, social tensions may intensify, and more serious social instability could emerge, potentially increasing risks to food supplies and basic living necessities. We have already seen protests, riots, and social conflicts in some countries and regions. These developments remind us that we must examine deep-rooted economic challenges early and actively explore solutions rather than waiting until a crisis becomes more severe. Whether Pi Network can realize its long-term vision will depend on technological development, ecosystem building, practical applications, and the collective efforts of participants worldwide. Nevertheless, we can begin today by learning, studying carefully, making informed judgments, and exploring the new opportunities that the digital economy may offer. I call on people around the world: Do not simply wait for problems to occur, and do not remain confined to complaints and confrontation. Take responsibility for your own future. Learn about Pi Network, understand how free mining works, study the principles of the Global GCV Movement, and explore new economic opportunities with a rational and open mind. Through awareness, consensus, cooperation, and constructive participation, let us seek new paths for addressing global economic challenges and expand opportunities for ordinary people to participate in the digital economy. Together, let us explore a more open and interconnected global economic future. Conclusion: Building the Future of the Global Digital Economy Together From global economic pressures and international trade imbalances to the limitations of traditional payment systems, the world faces many important challenges that deserve serious consideration. A global digital currency payment network offers a new direction for connecting countries, users, and commercial activities. Pi Network provides a platform for pursuing this vision. GCV provides the value consensus of the global GCV community. Pioneer education, KYC, Migration, merchant partnerships, and practical applications are important components of ecosystem development. Technology is the foundation. GCV is the consensus. Pioneer awareness is the driving force. Real-world applications are the direction. Mass Adoption is the goal. Let pioneers around the world work together to improve awareness, build consensus, advance KYC and Migration, promote ecosystem development, and encourage greater participation from users, merchants, and outside capital. Let us work together to advance the global digital economy. Start by learning. Start by participating. Start by building. Let people around the world explore new opportunities in the digital economy together! One World. One Connected Economy. One Global Digital Currency Payment Network. Doris Yin

Why Have I Blocked So Many People? The reason is simple: you cannot have a meaningful discussion with someone when there is no common foundation of knowledge or understanding. There is a Chinese saying: “秀才遇到兵，有理讲不清.” It means that when two people have no common ground for a rational discussion, even the most reasonable explanation can become pointless. I welcome questions, different opinions, and genuine discussions. However, there is a fundamental requirement: before debating Pi Network, you must first understand what Pi Network is and what I am actually discussing. Some people come to my posts without studying Pi Network or understanding the content I share. They simply approach Pi from the perspective of traditional cryptocurrency markets and assume that Pi is just another cryptocurrency. Their understanding is limited to what they already know, so they use that limited knowledge to argue against concepts they have never taken the time to understand. I have checked some of these people's social media accounts and found that they have never posted anything about Pi Network. Some appear to focus on other cryptocurrencies instead. Yet they come to my posts and argue as if they fully understand Pi. How can you debate something you have never seriously studied? If you have not taken the time to understand Pi Network, how can you meaningfully challenge my arguments about it? Another problem is that some people are unwilling to listen. There is a Chinese expression about a teapot that is already full: when the pot is full, you cannot pour any more water into it. In the same way, when someone's mind is already full of preconceived ideas, they cannot absorb new information because they refuse to listen or consider another perspective. There is no benefit in such an exchange. It wastes time and prevents meaningful communication. More importantly, my social media posts reach a large audience. When someone spreads misunderstandings or incorrect assumptions beneath my posts, other readers who are still learning about Pi may be misled. I have a responsibility to protect the quality of the educational environment I have worked so hard to build. That is why I choose to delete misleading comments and block accounts when necessary. Blocking someone does not mean I am afraid of debate. It means I will not allow endless, uninformed arguments to interfere with education. I welcome sincere questions. I welcome people who want to learn, understand, and exchange ideas respectfully. Nobody needs to agree with me on everything, but everyone should be willing to study the subject before attempting to challenge it. Here is my expectation: 1. First, learn about Pi Network. Do not judge Pi solely through the framework of traditional cryptocurrencies. 2. Second, read and understand the content being discussed. Do not argue against something you have not taken the time to understand. 3. Third, ask questions with an open mind. Be willing to listen, learn, and reconsider your assumptions. 4. Finally, engage in discussions based on knowledge and reasoning. Disagreement is welcome, but uninformed arguments that mislead others are not productive. I have devoted years to educating pioneers and promoting the long-term vision of Pi Network and the GCV Movement. My time and energy should be spent helping people learn and move forward, not repeating the same explanations to people who refuse to listen. Learn first. Understand first. Then debate. That is how meaningful discussions happen, that is how knowledge grows, and that is how we build a stronger and better-informed Pi community. — Doris Yin

FROM GCV DATA TO MASSIVE ADOPTION Part 1. Building a Strong Foundation for Pi Network GCV Pioneer Community Education Series From building GCV consensus and data to advancing real merchant participation, Pi Network's next stage requires deeper education, stronger understanding, and sustainable ecosystem development. Our mission is to help Pioneers understand Pi Network's long-term vision, recognize its opportunities, and prepare for Massive Adoption. Think Long-Term. Educate Deeply. Build Sustainably. Promote Real Adoption. Doris Yin

Doris Yin Wisdom Talk #23 Why Do Pioneers’ Awareness and Attitudes Matter for KYC and Migration Progress? Dear Pioneers, You must truly understand an important issue: the progress of KYC and migration is closely connected to pioneers’ awareness, community behavior, and support for Pi Network’s long-term vision. Why do I continuously emphasize education? Why do I keep encouraging everyone to study Pi’s long-term vision, change their mindset, and actively participate in ecosystem development? Because we need to demonstrate to the Core Team and external capital that our pioneer community is positive, hardworking, rational, and committed to long-term development. When more pioneers genuinely understand Pi’s long-term vision, actively participate in community education, promote merchant adoption and real-world applications, and view their Pi with a long-term perspective rather than focusing exclusively on short-term prices and rushing to sell, we have a greater opportunity to build a mature, stable, and trustworthy community. Less short-term speculation and panic selling. More education, learning, building, and commitment to Pi’s long-term vision! When pioneers truly understand Pi’s value philosophy, are willing to contribute to ecosystem development, and demonstrate their long-term commitment through concrete actions, they can help strengthen the confidence of the Core Team and external capital in our community. External capital evaluates ecosystem value, development potential, and participation risks. The Core Team also needs to assess network development, community participation, and tangible progress in ecosystem construction. When the Core Team gains greater confidence in the community’s development and long-term commitment, it can help create more favorable conditions for advancing KYC and migration. Pioneers must understand that KYC and migration are not merely technical matters. They are also important parts of ecosystem development, community participation, and trust-building. We cannot refuse to learn and build while expecting the Core Team to accelerate KYC and migration continuously. Nor can we refuse to support Pi’s long-term vision while demanding that external capital trust us unconditionally. We must start with ourselves! Start by changing our mindset. Start by learning seriously. Start by supporting Pi’s long-term vision. Start by reducing short-term speculative thinking and actively participating in education and ecosystem development. As community awareness improves, long-term participation strengthens, and ecosystem development achieves tangible progress, we will have greater opportunities to build confidence among external stakeholders and create better conditions for Pi’s growth. As for price appreciation, it cannot be guaranteed simply through slogans or reduced selling pressure. It requires real demand, practical applications, ecosystem development, and market confidence working together. Our responsibility is to build a stronger foundation for Pi’s long-term development through education and action. So, Pioneers, do not focus only on asking when your KYC will be completed or when migration will accelerate. Ask yourselves first: - Do I truly understand Pi’s long-term vision? - Am I actively contributing to Pi’s ecosystem through my knowledge, mindset, and actions? - Am I helping educate other pioneers and promote real-world adoption? - Am I demonstrating the patience, responsibility, and long-term commitment necessary to build a sustainable ecosystem? This is the true purpose behind my continuous efforts to educate pioneers. Let us learn together, build together, and support Pi’s long-term vision through practical action. Doris Yin

Doris Yin Wisdom Talk #22 Don't Lose the Big Picture by Focusing on the Small Things Dear Pioneers, Today, I want to share an important lesson with everyone: Don't lose sight of the forest for the trees. Don't get caught up in minor details and forget the bigger picture! In the Pi community, some influencers and bloggers spend their days analyzing issues and debating details while overlooking the direction that truly matters. You can research endlessly and analyze every little detail, but if you fail to understand the big picture, you will keep moving in circles without making real progress. So, what is our ultimate goal? Our goal is to make Pi a currency with real purchasing power, creating opportunities for Pioneers to achieve financial freedom through the growth of the ecosystem. For Pi to have purchasing power, it needs a stable and widely recognized value. This is precisely why we are building GCV — Global Consensus Value. However, GCV alone is not enough! Having a value consensus means little if people are unwilling to accept or use Pi. Without widespread acceptance and practical use, real purchasing power cannot be established. Our mission is to promote the widespread adoption and practical use of Pi, enabling more people to accept it and more merchants to integrate it into everyday economic activities. So, how do we achieve this goal? First, Pioneers must support Pi's long-term vision and actively participate in building the ecosystem. Greater community participation can help create a stronger foundation for accelerating KYC and migration progress. Second, we need a sufficiently large community united by a shared vision, positive thinking, and a constructive attitude toward Pi's future. As more Pioneers participate and more merchants accept Pi, we can gradually establish a stronger economic foundation. As the user base expands, practical applications grow, and the merchant ecosystem develops, governments, banks, major institutions, and businesses will have more opportunities to recognize Pi's potential value and evaluate participation with greater confidence. This is the path we must pursue: from consensus to acceptance, from acceptance to use, and from use to widespread adoption — gradually building an economic ecosystem in which Pi has real purchasing power. Let me use a ship as an analogy. The Core Team provides the blockchain, nodes, code, and other technical tools. Think of these tools as a ship built to take us toward our destination. But no matter how well the ship is built, if nobody gets on board and nobody sets sail, we will never reach the other shore. Technology provides the foundation. GCV represents our effort to establish value consensus. The participation of Pioneers, merchant acceptance, and real economic activity are essential to moving the ecosystem forward. Looking back at the First and Second Industrial Revolutions, we can see the same principle: technological progress must be combined with human participation and practical application to translate into productive power. So, Pioneers, do not spend all your energy getting lost in minor details. We need technical research, but we must also maintain the right direction, unite around a shared vision, and take meaningful action. Remember: Don't lose the big picture by focusing on the small things. See the forest, not just the trees. Unite our community, promote Pi's widespread adoption, and build real purchasing power. That is how we can move step by step toward the financial freedom we aspire to achieve! — Doris Yin