The only one in Madura, Pi Coin becomes a P2P payment tool at Cafe & Resto Palappa Genna’ Pamekasan

The development of Pi Network from year to year increasingly shows its credibility. Because, as a form of support and recognition of the consensus of the Pi coin value, the world community has begun to use Pi coin as a digital currency exchange rate in any transaction.

One of the Cafes and Restaurants on Madura Island has started implementing peer to peer (P2P) in serving purchases of food and drinks and other snacks. It is the Palapa Genna’ Cafe and Resto located on Jalan Raya Tentenan Barat, Tentenan Barat Village, Larangan District, Pamekasan Regency.

Dozens of pioneers from Pamekasan held a gathering at the eatery by making payments via Pi coin. The digital transaction was carried out because the owner of the Cafe and Resto Palappa Genna’ is also a pioneer.

Payment for the food served uses the owner’s Pi coin barcode with reference to the global value consensus, which is $314,159 per 1 Pi coin or 4.7 billion if converted into rupiah.

Munhari, the owner of the Palappa Gennak Cafe and Resto, took the opportunity to express his gratitude and thanks to the Pi Network Pamekasan community who were willing to attend his restaurant.

“Alhamdulillah, we can gather together with the pioneers of Pamekasan who are members of the Pi global showroom. Hopefully, together with Pi, we will succeed together,” said the man who works as a civil servant.

“Eat as much as you like, pay with Pi,” said Munhari as he took the dishes that had been provided.

In the gathering, there was also education delivered by Pamekasan senior pioneer Sajjad. The man who is also a member of the local district Education Council asked the pioneers to remain enthusiastic about clicking the lightning bolt which is a sign of Pi coin miners with a time period of 24 hours and he asked them to keep their respective accounts safe.

It is known that Pi Coin (PI) is the native crypto coin of Pi Network, a blockchain project that aims to make mining accessible to every user with a mobile device and supports digital currency that can be used in everyday transactions.

As reported by Techopedia.com, the Pi development team promotes the project as an alternative to Bitcoin mining, which is dominated by large mining farms with specialized equipment and is beyond the reach of most individuals with standard computer equipment.

Since the project was initially launched in 2019 and is not yet fully operational, there is a lot of debate about whether Pi is a legitimate cryptocurrency or a scam.

The name Pi refers to the mathematical constant π (pi), which represents the ratio of a circle’s circumference to its diameter.

Since the start of several hackathons in early 2023, participants have developed gaming, decentralized finance (DeFi), and metaverse applications to operate on the Pi ecosystem.

The project claims to have 55 million app users, which it calls “Pioneers,” who have been able to complete Know Your Customer (KYC) checks and migrate from testnet to mainnet.