Jason Wong_Pi

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

GCV Pioneer Community Education Series #139 Pi Network: A New Hope for the Global Economy Dear Pioneers, Today, I want to discuss the serious economic challenges facing the world and why I believe Pi Network can offer new hope for humanity. Part 1: The Global Economy Is Facing Serious Challenges Following the post-war baby boom, many countries are now facing an aging population. As more people retire and fewer young people enter the workforce, pension systems and social welfare programs face increasing pressure. Fewer workers must support a growing number of retirees. Meanwhile, many young people in Western countries struggle to find jobs, repay student loans, and afford housing. Even those who work hard may find it nearly impossible to buy a home or start a family. Many continue living with their parents to reduce expenses. In China and other Asian countries, we also see young people choosing to “lie flat”—delaying marriage, avoiding having children, reducing consumption, and giving up traditional life goals because they face enormous financial pressure and see limited opportunities. When young people cannot afford homes, raise children, or build the lives they want, the entire economy suffers. Consumption declines, businesses lose customers, and economic growth becomes more difficult. Part 2: Why Is the Wealth Gap Becoming Such a Serious Problem? Across many countries, the gap between rich and poor continues to fuel public frustration. Protests and social unrest reflect growing concerns about inequality, rising living costs, and a lack of economic opportunities. But can governments simply take money from the rich and distribute it to everyone else? The reality is much more complicated. Wealth includes businesses, investments, real estate, and other assets. Governments cannot simply take away all privately owned wealth and redistribute it without creating other consequences. If businesses face excessive tax burdens, some may reduce investment, expand less, or hire fewer workers. This could create even more unemployment and economic hardship. The economy is interconnected. We cannot solve every problem simply by redistributing existing wealth. The real solution is to create more opportunities for ordinary people to participate in wealth creation, engage in economic activities, and improve their lives. Part 3: Currency Risks and International Settlement Challenges Beyond unemployment, debt, and inequality, the world also faces exchange-rate fluctuations, currency conversion risks, and challenges in international payments and settlements. Different countries use different currencies. International trade often requires currency conversion, and exchange-rate changes, transaction costs, and geopolitical tensions can create additional financial burdens for businesses and ordinary people. Is there an opportunity to develop a more open and convenient way to exchange value, allowing people to participate more directly in the global economy? This is a question worth exploring. If the global economy can develop a widely adopted digital value-exchange network in which merchants and consumers across different countries use the same digital currency directly, it could reduce the costs and risks associated with traditional currency conversion. This could open new possibilities for global commerce. Part 4: Why Do I Believe Pi Network Can Bring Hope? Dear Pioneers, despite these challenges, I believe there is still hope for humanity. Pi Network represents an important opportunity that we can build together. Pi Network has the potential to establish an open digital economic ecosystem where ordinary people from different countries and economic backgrounds can participate. Through application development, merchant networks, goods transactions, and service exchanges, Pi can create new opportunities for people to participate in economic activities and generate value. Imagine a future in which more merchants accept Pi, more businesses develop useful applications, and more consumers use Pi directly to purchase goods, pay for services, and participate in everyday commerce. For young people facing barriers in the traditional economy, a more open digital ecosystem could create new opportunities for entrepreneurship, business cooperation, and wealth creation. In international trade, if more merchants and consumers worldwide use Pi for goods and services, dependence on traditional currency conversion could be reduced. When both buyers and sellers use Pi directly for a transaction, there is no need to convert one national currency into another for that transaction. This is the direction we should work toward: building a more open global digital economy in which value can circulate more directly across countries and regions through real-world applications. For the GCV community, our mission is to promote community consensus, merchant cooperation, and real transactions. We want Pi to move beyond wallets and become part of everyday life through the exchange of real goods and services. Part 5: The Future Depends on Our Collective Efforts Dear Pioneers, Pi Network's potential will not automatically become reality simply because we hold Pi in our wallets. We must work together to transform this potential into real economic value. We need to educate more people, attract more merchants, develop practical applications, promote real transactions, and continue expanding the ecosystem. If we want Pi to create more economic opportunities for ordinary people, we must bring it into everyday life. If we want a more open global digital economy, merchants, consumers, and developers must work together to build it. We cannot simply wait or leave the future entirely in the hands of others. Every Pioneer can contribute through their own community, merchant network, and real-world applications. The future will not come automatically. We must build it together! Our goal is not merely to hold Pi. It is to work together to make Pi a digital currency with real economic utility, creating more opportunities for ordinary people to participate in the global economy, generate value, and pursue greater financial freedom. This is why I believe Pi Network deserves our collective commitment. Let us move forward together and turn this vision into reality—for ourselves, for ordinary people around the world, and for future generations. Let us build a more open and inclusive digital economy together! Doris Yin

GCV Pioneer Community Education Series #138 Financial Freedom Requires Both Economic Development and Technology! Technology Must Be Transformed into Productivity! Dear Pioneers, What are you ultimately striving for? Financial freedom! But if you believe that technological development alone, or staring at Code every day, will automatically bring you financial freedom, you are dreaming the impossible. Financial freedom cannot be achieved through technology alone. It requires economic development. Technology must be transformed into productivity to create real economic value! Part 1: Pioneers, You Cannot Remain in a State of Waiting Forever! Looking back at our journey, how many Pioneers have genuinely studied Pi Network’s goals, development direction, and economic vision? Some refuse to learn or understand the project, yet readily believe rumors and chase trends. Others spend every day watching Code and speculating about technical developments, but are unwilling to participate in building the ecosystem. Whenever something goes wrong, they complain. Whenever progress fails to meet their expectations, they become disappointed. Some even sell their Pi and leave the community. When will this cycle finally end? Learning, understanding, participating, and building are the right path for Pioneers. Waiting, misunderstanding, complaining, and giving up will never bring us closer to our goals! Pioneers are not spectators, nor are we people who simply wait for others to deliver results. We are builders of the Pi ecosystem and essential participants in its economic development. Part 2: Technology and the Economy Are Two Legs. Neither Can Be Missing! Technology and the economy are like the two legs of a person. Both legs must move forward together to reach the destination. Pi Network’s technological development is essential, but technology alone cannot automatically deliver financial freedom. Technology is the foundation, and the economy drives development. Technology must be transformed into productivity to create real economic value. If technology continues to advance while the economic ecosystem fails to grow alongside it, if users do not participate, merchants do not accept Pi, and applications do not meet real needs, then technology cannot reach its full potential. Pioneers must understand that our goal is not merely to watch technical statistics or wait endlessly for another Code update. Our goal is to see technology serve the real economy, create practical value, and meet people's economic needs. Therefore, we must encourage more people to use Pi, more merchants to accept Pi, and more practical applications to take root. Pi must become part of everyday life and real economic activity. Only when the economic ecosystem develops can technological achievements be transformed into productivity. Only by increasing productivity can financial freedom become a realistic possibility. Part 3: Pioneers and the Project Team Must Become Partners in Building the Future! Pioneers must correctly understand the relationship between the project team and the Pioneer community. The project team is responsible for technological development, system infrastructure, and other essential technical responsibilities. The Pioneer community must promote user participation, merchant adoption, economic development, and GCV consensus education. We have different responsibilities, but we are working toward a common goal. The project team cannot build the entire economy on behalf of every Pioneer, nor can it independently create a thriving community economy. Technological development requires Pioneer participation, and economic development requires Pioneer action. If Pioneers simply wait for the project team to solve every problem, while refusing to learn, participate, or help merchants and applications grow, how can the economic ecosystem develop? The project team drives technological development, while the Pioneer community drives economic development. Only through joint effort can technology and the economy advance together. Part 4: GCV Consensus and the Economic Ecosystem Require Collective Action! GCV represents the global consensus on Pi's value formed by the Pioneer community. This consensus must not only be communicated but also strengthened through education, practical applications, and economic activity. Pioneers cannot stop at verbal support, nor should we allow ourselves to be constantly distracted by unverified information. What truly matters is understanding Pi Network’s development vision, recognizing the significance of GCV consensus, and taking practical action to build the ecosystem. As more people understand and use Pi, more merchants become willing to accept it, and more applications develop around it, the community economy can grow progressively stronger. If Pioneers are continually distracted by rumors, blindly follow trends, or sell their Pi and abandon the community because they lack understanding, we weaken the very foundation needed for economic development. An economic ecosystem cannot be built by waiting. It must be built through the collective efforts of its participants. Part 5: Without Economic Foundations, There Can Be No Towering Tree! Pioneers, we must clearly recognize that a large economic ecosystem requires a strong community foundation, genuine user demand, broad merchant participation, and sustained application development. Without enough users, merchants willing to accept Pi, and real economic activity, technological progress alone cannot sustain a thriving economy. Whether large enterprises, financial institutions, banks, and other commercial organizations choose to participate will also depend on practical applications, user adoption, and the maturity of the economic ecosystem. This is precisely why I continue to promote GCV education. We must help more Pioneers understand Pi’s development direction, strengthen consensus, participate actively in economic development, and cultivate fertile ground for future growth. A barren soil cannot grow a towering tree. Without the support of a thriving economic ecosystem, technology cannot be fully transformed into productivity. Pioneers, stop wasting time on endless waiting, speculation, and complaints. Starting today, study seriously, understand the direction, share accurate information, encourage user participation, connect with merchants, develop applications, and work together to build Pi’s economic ecosystem. Remember: Financial freedom requires economic development! Technology and the economy must move forward together! Technology must be transformed into productivity to create real economic value! Pioneers, it is time to take action! Do not simply wait for results. Become the people who create them! Doris Yin

Doris Yin: What China’s History of Unity Teaches Us About Pi Network’s Global Vision Education Is the Foundation. Consensus Is Our Strength. — The Fair Opportunity You Seek May Be Right Before Your Eyes. 1. Lessons from Chinese History: Culture and Education Can Unite Different Peoples Throughout thousands of years of Chinese history, Chinese civilization has experienced dynastic changes, wars, division, and the integration and unification of different peoples. Although rulers and political systems changed, Chinese civilization continued and gradually developed a shared cultural identity. Several important historical examples demonstrate the role of culture, education, and common values in bringing different peoples together. The Reforms of Emperor Xiaowen of Northern Wei: The Xianbei People Embraced Han Chinese Culture The Northern Wei dynasty was established by the Xianbei people. Emperor Xiaowen introduced major reforms, moved the capital to Luoyang, encouraged the use of the Chinese language, adopted Han Chinese surnames, reformed clothing and customs, and promoted the study of Han Chinese culture and institutions among Xianbei elites. Emperor Xiaowen did not unify all of China, but his reforms promoted cultural exchange and integration in northern China and significantly influenced the development of Chinese civilization. The Yuan Dynasty: Mongol Rule and the Unification of China The Yuan dynasty was established by the Mongols. In 1279, the Yuan completed its conquest of the Southern Song and established unified rule over the principal territories of China, becoming one of the major dynasties founded by a non-Han people. The Qing Dynasty: Manchu Rule and the Continuation of Chinese Cultural Traditions The Qing dynasty was established by the Manchus. While preserving aspects of their own traditions, Qing rulers adopted many established Chinese systems of governance, emphasized Confucian classics and education, and continued traditional civil administration through institutions such as the imperial examination system. Throughout history, the Mongols, Manchus, and other ethnic groups all contributed to the development of Chinese civilization. Through periods of conflict, exchange, institutional adaptation, and cultural integration, different peoples became part of the broader historical and cultural development of China. The most important lesson is this: the continuity of a civilization or political system depends not only on military strength and institutions, but also on cultural transmission, education, and the development of shared values. Emperor Xiaowen’s reforms promoted integration in northern China, while the Yuan and Qing dynasties established unified imperial rule over China. Although their political systems and relationships among ethnic groups differed, Confucian thought, classical education, traditional governing institutions, and the lasting influence of Chinese culture all played important roles in the historical development and integration of China. This demonstrates that people from different ethnic groups and backgrounds can gradually develop a shared identity through education, communication, and common cultural understanding. Lasting unity requires more than people living on the same land. It requires people from different backgrounds to understand a shared culture, embrace common values, and move toward a common direction. Today, Pi Network’s global community needs the same kind of shared understanding, a consistent educational foundation, and a clear global vision. Pioneers from different countries, languages, and cultural backgrounds can build stronger relationships and unite their efforts through continuous education and communication. 2. Why Are More People Losing Hope for the Future? Dear European Pioneers and Pioneers around the world, Take a serious look at the world today. More and more young people graduate from universities but cannot find suitable jobs. Many spend years studying and carry the hopes of their families, only to discover that it is difficult to obtain employment and income that match their efforts. Prices continue to rise. Housing is increasingly unaffordable. Energy and living costs put growing pressure on ordinary households. Many people work hard but struggle to improve their lives. Young people study diligently yet remain uncertain about their futures. They begin to ask themselves: What was the point of studying so hard? When will I be able to afford my own home? Will I ever have a real opportunity to change my life? Behind these questions lie deep anxiety about the future and a desire for social fairness and economic opportunity. Protests in France and other European countries have raised concerns about living costs, employment prospects, public services, housing, and social fairness. People want their voices to be heard. They want better living conditions and a brighter future for the next generation. People are seeking more than higher incomes. They are seeking fair opportunities, dignity, and hope. Yet rising prices, employment pressures, unequal wealth distribution, and unequal access to opportunities are deeply rooted and complex problems. Governments can introduce policies, and businesses can create jobs, but economic structures, resource allocation, global markets, and the accumulation of wealth make these problems difficult to resolve quickly. In the traditional economic system, wealth often brings access to more resources, better education, broader networks, and more investment opportunities. Wealthy individuals can use their existing capital to generate additional returns. Ordinary people, meanwhile, may spend decades working and saving to accumulate comparatively limited assets. When the resources a person is born into can significantly influence the opportunities available throughout their life, how can we speak of a truly fair competition? This is a question we must seriously consider today. 3. Where Can We Find Fairness? Pi Network Offers an Opportunity Worth Cherishing In the real world, absolute equality is extremely difficult to achieve. People with wealth have more capital and more investment opportunities. Those with greater resources can access better education, build wider networks, and use their existing wealth to accumulate even more. Even money deposited in a bank can generate interest, allowing people with substantial capital to continue building their wealth. Meanwhile, a recent university graduate without work experience, capital, or established connections may struggle to access the same starting point and opportunities, even when they work just as hard. So where can ordinary people look for new opportunities? I want every Pioneer to think seriously about this question. Pi Network offers an opportunity worth cherishing: ordinary people do not need to be wealthy or possess special social connections to participate in a global digital ecosystem. As long as you have a mobile phone capable of running the Pi app, even an older phone, you can participate in basic mining. You do not need to purchase expensive specialized mining equipment or bear the high hardware and electricity costs associated with traditional proof-of-work mining. Basic Pi mining does not require you to pay a fee. You only need to spend approximately one second a day tapping the app to continue participating in basic mining. One phone. One second a day. Zero cost to participate in basic mining! This is one of the features that makes Pi Network particularly accessible to ordinary people. For young people without jobs or capital, families with limited incomes, and people living in countries with different economic conditions, such a low barrier to entry is meaningful. You do not need to become wealthy before you are allowed to participate. You do not need to possess social influence before you can join a global community. Participation in Pi Network does not guarantee that everyone will become wealthy. However, it offers an entry point for people to learn, participate, and contribute to building a shared ecosystem. You can start by learning, joining the community, connecting with people from other countries, and exploring potential economic cooperation. GCV education and community-building activities also do not require Pioneers to pay for participation qualifications. Our goal is to connect merchants with Pioneers, encourage Pi payments and real-world transactions, and gradually build an economic network based on mutual benefit. When an opportunity allows you to learn, build connections, and participate in something together without requiring an upfront financial investment, why not take the time to understand it? This is the opportunity I hope European Pioneers and Pioneers around the world will cherish. Do not dismiss it simply because it is free. Do not reject its potential simply because the ecosystem is still developing. The fair opportunity you have been searching for may be right before your eyes. First, understand it, explore it, and participate in building its value. 4. From Global Protests to Global Cooperation: We Need Solutions, Not Just Complaints When people face high living costs, unemployment, and wealth inequality, protests are one way to express their concerns. People have the right to voice their dissatisfaction and demand a fairer society. But what happens after the protests? If young people still cannot find jobs, if ordinary families still struggle to afford daily necessities, and if wealth and resources remain concentrated among a small segment of society, can expressing anger alone change these structural problems? We need more than dissatisfaction with the status quo. We need to explore solutions. If ordinary people can unite, merchants can cooperate, and communities across different countries can build relationships, could we create more opportunities for economic participation? If merchants are willing to accept Pi payments and Pioneers are willing to use Pi to purchase goods and services, real transactions can establish mutually beneficial relationships. Over time, this could help build an economic network in which communities actively participate. This is the direction I have consistently emphasized: Connect Pioneers with merchants. Connect communities with the real economy. Transform the scattered efforts of individuals into a collective force that creates value. We can start within our own communities by contacting merchants, encouraging transactions for goods and services, providing education, helping more people understand Pi’s potential applications, and gradually building economic cooperation networks. This is not about creating wealth through slogans. It is about exploring new economic opportunities through real participation, real transactions, and sustained cooperation. 5. Why Is Pi Network’s Global Vision Worth Cherishing? Today’s international economic system relies heavily on different national currencies, banking systems, and cross-border payment networks. Exchange-rate fluctuations, conversion fees, and settlement procedures can all affect the costs faced by businesses and consumers. For countries that import energy, rising international energy prices combined with a weakening domestic currency can increase import costs and ultimately affect businesses and ordinary households. If Pi achieves wider real-world adoption across more countries in the future, supported by a broad network of merchants, goods, and services, global participants could have more opportunities to conduct economic activities through a shared digital asset network. In appropriate use cases, direct Pi transactions and payments could reduce some traditional currency-conversion steps and provide an additional option for cross-border economic activity. This is a direction worth exploring in the global digital economy: giving more ordinary people opportunities to participate, helping merchants reach new customers and transaction channels, and enabling communities in different countries to create practical value through cooperation. Pi Network’s development requires continued technical progress, ecosystem expansion, real-world applications, and sustained participation. But we should not overlook a potential opportunity simply because the road ahead still requires work. We must not sit back and wait for the future to arrive. We must actively participate in building it. I believe that if Pioneers around the world remain committed to education, real-world applications, and mutually beneficial cooperation, they can help Pi’s ecosystem expand its economic participation. 6. European Pioneers and Pioneers Worldwide: Cherish This Opportunity Instead of Throwing It Away I particularly hope that European Pioneers and Pioneers around the world will seriously consider what I am saying. What are you searching for? You want fair opportunities. You want young people to find jobs. You want ordinary people to improve their lives. You want wealth and resources to stop being the only gateways to economic participation. Then, when a global digital ecosystem offers ordinary people an opportunity to participate, why not take the time to understand it first? Basic Pi mining does not require you to purchase Pi. GCV education and community-building do not require you to pay for participation qualifications. You can start by learning, joining the community, contacting merchants, and encouraging real transactions. We want to connect merchants and Pioneers so that both sides can create opportunities and value for one another, gradually developing economic cooperation networks within their communities. This requires time, action, and the participation of each of us. But if you refuse to understand the opportunity, abandon learning because of rumors, or attack and trample on something you have never genuinely tried to understand, how will you participate if meaningful progress emerges in the future? Do not complain that the world lacks fairness while casually throwing away an opportunity you can help build. Do not feel lost about the future while refusing to learn something new. Do not hope to change economic conditions while refusing to take any action. What you are searching for is not simply a project that might make money. You are searching for the possibility of participating in future economic development, creating opportunities for cooperation, and improving your life. Pi Network does not promise identical outcomes for everyone. But it offers ordinary people around the world a starting point for shared participation, learning, and ecosystem development. Cherish that starting point. 7. Education Is the Foundation. Consensus Is Our Strength. A global ecosystem cannot be built by a small group of developers or by the community of just one country. It requires the participation of Pioneers around the world. We need more users, more merchants, more real transactions, and continued progress in education, technology, and ecosystem development. Education is not an optional extra. It is the foundation of a global ecosystem. If Pioneers do not understand the project’s vision, it is difficult to develop lasting confidence. If merchants do not understand how the ecosystem works, they are less likely to participate. If communities in different countries lack a shared understanding, global cooperation becomes much harder. We must therefore continue global education so that Pioneers in every country and region can understand Pi Network’s direction, technical foundations, potential applications, and the importance of ecosystem development. Education should help Pioneers shift their attention from price alone to real-world applications, from passive waiting to active participation, and from working in isolation to global cooperation. We must help more people understand that ecosystem development is not the responsibility of a few individuals. It is a shared mission that requires the contribution of the entire community. Education builds consensus. Consensus drives action. Action builds the ecosystem. This is the direction that Pioneers around the world should work together to pursue. Conclusion: The Opportunity You Seek May Be Right Before Your Eyes People around the world are searching for new hope. Young people want a future. Ordinary families want to improve their lives. Merchants want to expand their markets. Communities in different countries want more opportunities for development. Against this background, we should seriously consider the opportunities for global participation offered by Pi Network and the digital economic ecosystem it is seeking to build. I hope European Pioneers and Pioneers around the world will cherish this opportunity, learn actively, promote education, connect merchants, participate in real transactions, and work with the global community to build the ecosystem. Do not give up too easily. Do not attack blindly. And do not wait until years later to realize that you once had the opportunity to participate in building a global economic ecosystem but walked away because you never took the time to understand it. Fair opportunities do not automatically become reality. Only when we are willing to learn, participate, cooperate, and build can opportunities have a chance to become results. Let us cross the boundaries of countries, languages, and cultures. Let us build consensus through education, advance the ecosystem through action, and explore a more inclusive digital economic future through global cooperation. Global consensus does not emerge from waiting. It is built through education, participation, and action. — Doris Yin

Doris Yin Wisdom Talk #21 Compassion Can Cause Harm; Excessive Accommodation Can Lead to Misconduct Compassion Requires Wisdom. Tolerance Requires Boundaries. Justice Requires Courage. Dear Pioneers, There is an ancient Chinese saying: “Compassion can cause harm, and excessive accommodation can lead to misconduct.” This saying does not mean that we should abandon compassion or stop helping others. Rather, it reminds us that compassion without wisdom, and tolerance without principles, can allow kindness to be exploited and turn goodwill into a tool for enabling wrongdoing. True compassion is not about accommodating everyone unconditionally. It means distinguishing right from wrong, recognizing good and evil, and protecting ourselves and others while helping those in need. 1. Kindness Must Have Boundaries In everyday life, we often encounter situations like these. Someone asks to borrow money and tells a heartbreaking story. Out of sympathy, you lend them your savings, only to find yourself struggling financially while the borrower may spend the money gambling or engaging in other irresponsible activities. Someone else promises high interest rates and paints an attractive picture of investment returns. You become excited by the opportunity, lower your guard, and eventually lose money instead of making a profit. Why does this happen? Sometimes, our sympathy is exploited, and our expectations of attractive promises overpower our rational judgment. Before helping others, understand the facts. Before trusting someone, verify the information. Never lose your judgment out of sympathy. Never trust promises blindly out of greed. And never abandon your principles simply because you are afraid of offending someone. True kindness means having the ability to help others and the wisdom to protect yourself. 2. Communities Must Uphold Principles and Protect Pioneers This principle is especially important within our communities. Some individuals may use their status, authority, reputation, influence, or large following to gain Pioneers’ trust. They may then solicit money, encourage investments, or promote projects that have not been properly verified. Some Pioneers assume that a person must be trustworthy simply because they hold a senior title, have many followers, or speak with authority. We must remain clear-minded: A title does not prove character. Reputation does not guarantee integrity. A large following does not make someone’s actions automatically right. We should judge people not merely by what they say, how much authority they hold, or how many people follow them, but by their actual conduct, financial transparency, supporting evidence for their promises, and willingness to accept oversight. If someone asks you to pay money, invest, purchase so-called qualification cards, or promises unusually high returns, verify the project’s legitimacy, the use of funds, the relevant authorization, and the potential risks first. Do not abandon your independent judgment because the person is a leader, an official, an acquaintance, or someone you do not want to offend. Communities also have a responsibility to warn Pioneers about potential risks, teach them how to recognize scams, and investigate and address concerns promptly. Appropriate action should be taken when evidence supports a violation. Suspected criminal conduct should be reported to the relevant authorities. A responsible community does not teach Pioneers to trust someone blindly. It teaches them to think independently. It does not wait until people have lost their money before taking action. It raises warnings early and works to protect every Pioneer’s financial security. Defending Justice Requires Courage There is another important issue we must confront. Some people see a problem but remain silent because they fear offending others, being attacked, or being accused of lacking compassion. They may notice someone abusing community influence or authority for personal gain but hesitate to warn others. They may see someone treated unfairly but refuse to speak up. If everyone is afraid of offending someone, who will protect those who have been harmed? If everyone remains silent to preserve superficial harmony, how can wrongdoing ever be corrected? Defending justice requires wisdom, but it also requires courage. Of course, we must never accuse people recklessly or attack others out of personal resentment. We must respect the facts, verify evidence, and handle concerns fairly. However, when the facts are clear and the evidence is sufficient, we must not abandon our responsibilities simply because we fear pressure or criticism. If someone tells you that you are not compassionate or tolerant enough, learn to distinguish genuine compassion from the use of compassion as an excuse to tolerate wrongdoing. If so-called tolerance allows a few individuals to repeatedly harm others, and if so-called compassion results in more innocent people suffering, then that tolerance has lost its true meaning. True compassion protects good people, prevents harm, and safeguards the legitimate interests of the majority. True tolerance has boundaries. True justice requires courage. 3. Governments Must Uphold the Law and Protect Society The same principle applies to an entire nation. There have been reports of vandalism, looting, and violent unrest in France and other European countries. Specific claims about the number of countries involved should be verified through reliable reporting. But one principle is clear: wherever such incidents occur, violent assaults, robbery, property destruction, and other criminal acts must be addressed according to law. If a country repeatedly tolerates violence and crime and fails to enforce its laws effectively, misconduct may go unchecked and social order can suffer serious consequences. Ordinary people may become afraid to leave their homes. Businesses may be unable to operate normally. Families may face threats to their safety and property. Over time, public confidence and trust throughout society can deteriorate. Governments therefore have a responsibility to exercise public authority lawfully, uphold the rule of law, and protect the lives, property, and legitimate rights of ordinary citizens. No one should believe that having a large crowd or creating a public disturbance gives them the right to place themselves above the law. Criminal conduct must be investigated, addressed, and prosecuted in accordance with the law. Law enforcement must be effective and fair, respect people's lawful rights, and firmly protect innocent people from violence. We must understand this: Punishing crime according to law is not a lack of compassion. Protecting law-abiding citizens is a fundamental responsibility to society. If a society emphasizes tolerance while neglecting victims’ rights, or focuses on the feelings of those who break the law while failing to protect the safety of law-abiding people, such so-called tolerance becomes a form of injustice. The law must have authority, and rules must be enforced. Only then can people live in peace, businesses operate with confidence, and society develop in a stable and orderly manner. 4. Compassion Must Walk Hand in Hand with Wisdom What is true wisdom? Wisdom means seeing the nature of a situation, discerning people's intentions, distinguishing right from wrong, and understanding the possible consequences of our actions. We should help those who genuinely need help, but we must not allow people with ulterior motives to exploit our kindness. We should give people who are willing to correct their mistakes an opportunity, but we must not endlessly tolerate repeated behavior that harms others. That is why I often remind everyone: Do not listen only to what you want to hear. An ancient Chinese saying teaches us: “Honest advice may be unpleasant to hear, but it helps us act wisely. Bitter medicine may taste unpleasant, but it helps cure illness.” Advice that genuinely benefits us may sometimes be uncomfortable. Facts we need to face may not always be what we want to hear. By contrast, sweet talk can make us feel good, and attractive promises can fill us with hope. But neither can replace facts and evidence. We must stay clear-minded, learn to think independently, avoid blindly worshipping authority, refuse to believe unverified information, and never abandon our judgment simply because we fear criticism. Wisdom prevents compassion from being exploited. Principles prevent kindness from being trampled. Courage prevents justice from being silenced. These are the abilities we must cultivate. Conclusion: Kindness Needs Principles, Compassion Needs Wisdom, and Justice Needs Courage Dear Pioneers, Whether in personal life, human relationships, community building, or national governance, we must understand one fundamental truth: Compassion does not mean accommodating everyone unconditionally. Tolerance does not mean having no boundaries. Kindness does not mean turning a blind eye to wrongdoing. We must help those who deserve help and remain alert to those who exploit the goodwill of others. We must protect every Pioneer in our community, especially their financial security. When we encounter injustice, we must have the courage to speak up. When crimes occur, we must insist on accountability under the law. Do not abandon your principles because you fear offending someone. Do not remain silent about justice because you fear being attacked. And never sacrifice the interests of the majority merely to preserve superficial harmony. Please remember: Compassion without wisdom can enable harm. Tolerance without principles can encourage wrongdoing. Justice without courage can become silence. We should be compassionate, but never blindly compassionate. We should be tolerant, but never tolerate wrongdoing without boundaries. We should be kind, but always uphold our principles. And if we are to defend justice, we must have the courage to speak the truth and protect innocent people. True compassion uses wisdom to distinguish right from wrong, principles to safeguard fairness, courage to resist injustice, and action to protect good people. Let us cultivate compassion and wisdom together, uphold our principles and boundaries, and courageously defend justice. Let us build healthier communities, a fairer society, and an environment where every ordinary person can live safely and peacefully. This is true compassion. This is true wisdom. And this is the justice we must stand together to uphold. Doris Yin

GCV Pioneer Community Education Series #137 Reason and Responsibility: How to Build a Better Future in Times of Crisis From Social Unrest in France to National Fiscal Challenges and the Development of the Pi Network Ecosystem Author: Doris Yin We all want a better life. We want governments to provide better social benefits and society to create more opportunities for us. But we must also ask ourselves: Where does wealth come from? Where does government money come from? If everyone wants more but no one is willing to accept responsibility and create value, how long can society continue to prosper? A nation's prosperity cannot depend on benefits and redistribution alone. It also requires productivity, hard work, and the contributions of every member of society. France is a high-welfare country. In the past, when economic development, productivity, and social security could support one another, its welfare system had a sound foundation and provided protection for many citizens. However, times are changing. An aging population, slower growth in the working-age population, and insufficient economic growth are creating new challenges for the existing welfare system. A system that was sustainable in the past may not remain sustainable under changing conditions without adjustments. In the face of these realities, we need rational analysis, shared responsibility, and practical solutions—not endless blame and division. 1. Social Unrest in France: How Can We Express Our Concerns While Accepting Social Responsibility? I understand that people have their own concerns and the right to express dissatisfaction. However, we must recognize one important principle: even when our demands are justified, we must consider how we pursue them and what consequences our actions may bring. Large demonstrations can escalate emotionally. They may also be exploited by individuals with ulterior motives or by opportunists seeking to take advantage of the situation. The original demands can be overshadowed by violence, and peaceful demonstrations can deteriorate into vandalism and looting. When shops, supermarkets, luxury boutiques, public buildings, and historical sites are damaged, we must ask ourselves: Who ultimately bears the cost? First, businesses suffer, and ordinary people suffer with them. When shops are looted or vandalized, business owners face not only the loss of merchandise but also repair expenses, security costs, business interruptions, and lost revenue. If companies no longer consider a location safe for business, they may reduce investment, close stores, or move their operations elsewhere. Supermarkets provide food and daily necessities to local residents. If stores close or leave, shopping becomes less convenient. For people who are already struggling financially, life becomes even more difficult. Second, tourism and a city's reputation can also suffer. France has a rich cultural heritage, historic architecture, and world-famous tourist destinations. Visitors come to experience its history and culture, not to encounter damaged buildings, shattered storefronts, and chaotic streets. If violence and destruction continue, tourists may cancel their trips, and hotels, restaurants, shops, and tour operators may lose business. Employment opportunities can also be affected. Historic buildings can require enormous sums to repair once damaged, and some losses cannot easily be reversed. Third, governments must spend money repairing damaged public infrastructure. Schools, roads, public buildings, and other infrastructure require funding when they are damaged. Yet governments may already be facing fiscal pressure. If they must spend additional money on repairs, cleanup, and security, the financial burden becomes even heavier. This creates a vicious cycle: the weaker the economy becomes, the less money the government has; the less money the government has, the harder it becomes to address public needs; and further economic destruction only makes the situation worse. If our goal is to improve people's lives, we should seek solutions rather than destroy the foundations that allow society to function. 2. France's High-Welfare System: Where Does the Money Come From? France has long maintained an extensive welfare system. A high level of social welfare is not inherently a problem. When the economy generates sufficient resources and society can afford the associated costs, a strong welfare system can protect people's living standards and contribute to social stability. The challenge is that a welfare system must be supported by the continuous creation of wealth. When a country has a relatively young population, a sufficient workforce, strong economic growth, and rising productivity, more workers can contribute through employment, taxes, and social security payments to support pensions, healthcare, education, and other public services. However, when the population ages, the number of retirees increases, the working-age population grows more slowly, and economic growth and productivity gains are insufficient to support rising public expenditure, the existing welfare system faces increasing pressure. More people need pensions and public services, while the number of people creating wealth, paying taxes, and supporting social security may grow more slowly or decline relative to those receiving benefits. When the wealth a country produces is insufficient to support its existing commitments, fiscal pressure becomes increasingly apparent. This does not mean that high welfare is inherently wrong. It means we must face reality: every welfare system requires a sufficiently strong economic foundation. If the wealth created by society grows slowly while public expenditure continues to rise, governments must seriously consider how to improve productivity, expand the economy, increase employment, and maintain sustainable public finances. France's fiscal challenges are also connected to public debt, budget deficits, economic competitiveness, demographic changes, and government spending. They cannot be attributed to a single cause. Some people may question the government's fiscal priorities, arguing that substantial amounts of money have been directed toward defense or support for Ukraine. These are government policy decisions. I will not make unwarranted judgments about them or presume to determine the merits of every individual decision. However, one point must be clear: defense spending serves a long-term purpose. It is necessary to protect national security, safeguard citizens' lives and property, and defend a country's interests. A country cannot focus exclusively on immediate social benefits while ignoring its long-term security. Building and maintaining defense capabilities often requires sustained investment. A nation cannot wait until a serious security threat emerges before beginning to prepare. As for money already spent in the past, whether on defense or other public expenditure, those decisions have already been made and the money has already been spent. We cannot turn back time, nor can we expect every past expenditure to be recovered. Therefore, instead of endlessly dwelling on the past, we should seriously consider what needs to be done next. The past has already happened. What matters now is looking forward, improving national governance, revitalizing the economy, making public finances more sustainable, and improving people's lives. Governments must allocate spending responsibly, and society must understand the realities a country faces. Fiscal challenges cannot be solved simply by cutting one category of expenditure while ignoring deeper problems such as insufficient productivity, population aging, and sluggish economic growth. If the economy develops sustainably, businesses are willing to invest, and workers create more value, government revenues can improve and the welfare system can gain a stronger foundation. 3. Even the Best Cook Cannot Make a Meal Without Rice There is a Chinese saying: Even the most capable cook cannot prepare a meal without rice. No matter how skilled a cook may be, without rice, there is no rice to cook. Likewise, even if a government wants to improve education, expand welfare, increase pensions, maintain national defense, and repair public infrastructure, it must have sufficient financial resources. If economic growth is inadequate and government revenue is limited while public expenditure continues to increase, the government will face difficult choices. If we want better healthcare, better education, more reliable pensions, and safer living conditions, we must consider how to create enough wealth to support these goals. Without rice, we can grow more, buy more, or increase production. But if we destroy the kitchen as well, how are we supposed to prepare a meal? A country needs stable businesses, hardworking people, sustained investment, technological innovation, and higher productivity. Only when the economic foundation becomes stronger can governments gain greater capacity to protect people's livelihoods. We cannot focus only on how much money the government should spend. We must also consider how much wealth society actually produces and how much more it can generate in the future. 4. Population Aging and Retirement: We Must Share the Responsibility Another long-term challenge facing France is population aging and the growing pressure on pension expenditure. As the number of retirees increases while the working-age population grows more slowly or declines, society must confront a fundamental question: the number of people creating wealth, paying taxes, and contributing to pension systems may shrink relative to the number of people receiving pensions. If everyone wants to retire earlier while also demanding higher pensions and better public services, we must ask: Who will work? Who will create wealth? Who will contribute to the pension system? Young people face their own financial pressures. They must pay for housing, raise children, support their families, and contribute through their work and social security payments to the wider system. If there are not enough workers and productivity does not improve, the burden on younger generations may become increasingly heavy. Therefore, we must rethink the relationship between work, retirement, and social responsibility. There is a Chinese saying: “Diligence leads to prosperity.” Hard work means making an effort to create wealth through employment, production, and innovation. For people who are able to work and whose health permits, extending their working lives where appropriate and increasing workforce participation can raise economic output and help ease pressure on pension systems. Retirement policies must also account for differences in occupations, working conditions, and individual health. Nevertheless, in an aging society, we must seriously discuss retirement ages, workforce participation, and how to make pension systems more sustainable. We cannot focus only on how early we would like to retire while completely ignoring who will support us financially after retirement. If everyone wants to retire early but there are not enough people continuing to work, how can younger generations sustain an increasingly demanding pension system? This is not a conflict between young and old. It is a shared responsibility that society must address together. We must protect the well-being of older people while preserving a sustainable economic future for younger generations. 5. National Prosperity Requires Shared Responsibility: Moving Forward Together When a country faces fiscal and economic challenges, we should not remain trapped in endless arguments about the past or constant accusations against one another. Governments have a responsibility to develop sound fiscal policies, improve the business environment, enhance governance, and create the conditions for economic growth. Businesses have a responsibility to invest, innovate, and create employment. Workers have a responsibility to work diligently, improve their skills, and create value. Members of society also need to understand the challenges their country faces and consider the long-term interests of the whole community while protecting their own rights. Defense, education, healthcare, pensions, and infrastructure all require resources. We must address people's immediate needs while preparing for the nation's future. There is a well-known Chinese saying: “The rise and fall of the nation is the responsibility of every citizen.” Its meaning is clear: a nation's future is not solely the responsibility of its government. It is also closely connected to the actions of every citizen. When a country faces difficulties, we should unite, work hard, improve productivity, support economic development, and seek solutions together. We cannot change what has already happened, but through our actions today, we can shape what happens tomorrow. Instead of endlessly arguing over who was right or wrong in the past, we should focus our energy on making the country stronger, revitalizing the economy, and improving people's security and quality of life. True responsibility means not merely demanding that others change, but starting with ourselves and creating greater value for society. 6. Pi Network Is No Different: Everyone Must Participate in Building the Ecosystem The same principle applies to the development of the Pi Network ecosystem. Some Pioneers constantly ask when Pi will increase in value, when the ecosystem will mature, and when others will create opportunities for them. Yet they are unwilling to learn, use Pi, support merchants, participate in application development, or engage in real economic activity. They want a prosperous ecosystem but are unwilling to help build it. They want others to create value while they simply wait to benefit. If everyone wants to receive value but no one is willing to create it, how can the ecosystem grow? An ecosystem needs users, merchants, developers, applications, and real economic activity. Only when more people participate, provide goods and services, and establish practical use cases can the ecosystem continue to develop. This principle is closely connected to the development of a national economy. A country needs workers, entrepreneurs, investors, and innovators. The Pi Network ecosystem needs users, merchants, developers, and builders. Pi Network offers people new economic opportunities. To turn these opportunities into real momentum for ecosystem development, Pioneers must learn actively, participate, support merchants, promote practical applications, and create value through concrete actions. Opportunities become results only when combined with action. An ecosystem grows only when people work together to build it. We cannot spend all our time waiting for others to create opportunities while doing nothing ourselves. 7. True Wisdom: Accept Responsibility and Build a Better Future I have always believed that a wise person must learn to see the bigger picture rather than focus exclusively on immediate personal interests. We can express our concerns, ask governments to improve public services, and raise objections to policies we consider unreasonable. But we must also consider the consequences of our actions and understand what a country needs for long-term development. A country needs a stable business environment, continuous wealth creation, responsible public spending, and the understanding, hard work, and contributions of its people. Likewise, an ecosystem can develop only when people are willing to learn, participate, and build. A nation's prosperity requires everyone to accept responsibility. An ecosystem's growth requires everyone to participate in building it. True progress does not come from continually demanding more from others. It comes from asking ourselves what value we can contribute to society. We cannot change the past, but we can change our actions today and influence the direction of tomorrow. If we want a better life, we must help create the conditions for a better life. If we want a stronger nation, we must share the responsibility of building it. If we want a better future, we must begin working toward it today. Reason helps us understand reality. Responsibility gives us a sense of duty. Action is what truly changes the future. That is the essence of wisdom. — Doris Yin

Doris Yin: Europe Must Unite to Overcome the Debt Crisis — Learn from South Korea and Build a New Financial Future Europe is facing a serious challenge. France and several other European countries are struggling with high public debt, persistent budget deficits, rising borrowing costs, and growing social tensions. The recent student protests in France, which have spread to other European countries, began with concerns about education funding, school conditions, and the cost of living. These concerns deserve attention. However, we must also understand the deeper economic pressures facing governments. When a country carries enormous debt, the government cannot simply spend more money indefinitely without considering how that spending will be financed. Interest payments consume public resources that could otherwise support education, healthcare, infrastructure, and social services. France's borrowing costs have risen sharply, with its 10-year government bond yield exceeding 5% in October 2026. Its fiscal challenges have become more difficult amid political divisions and delays in passing the national budget. This is precisely when a nation needs unity, clear thinking, and responsible action—not escalating conflict that makes an already difficult situation worse. 1. Protest Alone Cannot Solve a Debt Crisis When governments face financial pressure, difficult decisions must be made. Pension reform, public spending, taxation, employment, and economic growth are all interconnected. France has struggled to advance pension reform, including the proposal to raise the retirement age from 62 to 64. Such changes are controversial because they affect people's lives. Nevertheless, when populations age and the number of retirees grows relative to the working population, pension systems face increasing pressure. We must recognize a fundamental economic reality: a country cannot permanently solve its financial problems simply by demanding more spending while ignoring its ability to generate revenue. Violence, destruction, prolonged political paralysis, and declining investor confidence can make recovery more difficult. When investors demand higher interest rates to lend to a government, the cost of servicing public debt rises, placing even greater pressure on public finances. The answer is not to ignore people's concerns. It is to address those concerns while confronting the country's economic reality honestly and responsibly. 2. Learn from South Korea: Turn Crisis into Collective Action When I traveled to South Korea, my tour guide told me about the Korean people's response to the 1997 Asian financial crisis. During that difficult period, millions of Koreans voluntarily contributed their gold jewelry—including wedding rings and other treasured possessions—to help the country address its foreign debt and currency crisis. This became known as the national gold-collection campaign. It demonstrated the extraordinary power of collective responsibility. The campaign alone did not resolve the crisis. South Korea also undertook major financial and corporate restructuring and worked to restore international confidence. Yet the people's willingness to act together remains a powerful lesson for the world. When a nation faces a serious crisis, its citizens must understand the situation, work together, and contribute to economic recovery in practical ways. We should learn from this spirit: instead of allowing disagreements to divide society further, people can unite to improve productivity, strengthen businesses, create employment, develop new industries, and build a stronger economic future. 3. The World Needs a New Financial Paradigm The challenges facing France are not unique. Many countries are dealing with high debt, rising living costs, economic uncertainty, and pressure on public finances. These problems invite us to think beyond conventional approaches and explore new ways to create economic value, expand participation, and strengthen cooperation. As the founder and chairperson of the Global GCV Movement, I believe that Pi Network offers pioneers an opportunity to participate in building a new economic ecosystem. Pi's vision deserves to be studied seriously. Through learning, practical participation, merchant adoption, and the development of useful applications, pioneers can help advance a community-driven economic model. This requires effort from all of us. We cannot simply wait for others to change the world. We must educate ourselves, understand the Pi white paper, support ecosystem development, and turn our collective participation into meaningful economic activity. 4. Every Pioneer Can Contribute We have pioneers across Europe and around the world. Many people have a mobile phone and can dedicate just one minute each day to learning, sharing knowledge, and supporting the development of the Pi ecosystem. Imagine what we can accomplish when millions of people work consistently toward a shared vision. We can educate more citizens about economic participation, encourage merchant adoption, support practical applications, and help communities understand the opportunities offered by emerging digital economies. We must also recognize that meaningful economic progress requires real productivity, useful services, responsible participation, and sustainable economic activity. A better future will not be built by waiting, complaining, or fighting endlessly. It will be built by people who learn, cooperate, create value, and take action. France and Europe need solutions that strengthen their economies and restore confidence. The world needs more cooperation, greater economic participation, and new approaches to creating value. Let us learn from South Korea's spirit of unity, recognize the challenges facing our societies, and work together toward a new financial future. Pioneers, let us study the Pi white paper, support Pi's vision, expand real-world adoption, and contribute our time and knowledge to building a better economic ecosystem. Even one minute a day can become meaningful when millions of people act together. The future belongs to those who recognize the challenges, unite their efforts, and turn opportunities into action. 5. Pi Network Can Give Ordinary People New Opportunities Pi Network can help resolve many uncertainties and give ordinary people opportunities to change their lives. Therefore, I strongly recommend that all pioneers across European countries learn from South Korea's spirit of unity, value the opportunity Pi offers, and actively contribute to the Pi community and ecosystem. Pi Network can provide us with opportunities to work toward financial freedom and create a better future for ourselves and our families. Let us cherish this opportunity, support Pi's vision, and work together to build a new economic future. Thank you so much, everyone. Doris Yin Founder & Chairperson Global GCV Movement

Doris Yin Wisdom Talk #20 Plan Ahead and Cherish the Opportunity Pi Offers Dear Pioneers, I want to remind everyone that many pioneers today no longer seem to care whether they have Pi or not. They do not cherish the opportunity. Some listen to what others say, become discouraged, stop learning, and lose their motivation. When encouraged to study, they refuse to do so. Without understanding, how can they build confidence? Without confidence, how can they persevere? Many have stopped mining or even sold all their Pi. Wealth requires knowledge, wisdom, and blessings to recognize, appreciate, and seize opportunities. Look at the world today. Many countries face serious economic challenges. Prices continue to rise, currencies lose purchasing power, young people cannot afford homes, and many people worry about their future pensions. Governments face budget deficits, and neither raising nor lowering interest rates can easily solve these deep-rooted problems. France has experienced social unrest, and many other European countries and regions around the world face similar economic pressures. Have you thought about your future? Have you prepared for it? Complaining and protesting alone cannot solve these problems. It is not necessarily that governments do not want to solve them; many challenges are extremely difficult to overcome. A truly wise person plans ahead and actively seeks opportunities instead of waiting until problems arise. Pi offers us an opportunity to participate in building a digital economy. The development of GCV requires our collective efforts. We need to learn, persevere, build merchant partnerships, and promote real-world applications. Only through our participation can the ecosystem continue to grow and create more economic opportunities for the future. Pi will not succeed simply because we wait. It requires each of us to make an effort. If everyone becomes complacent, refuses to learn, and stops participating, then seven years of time and effort may have been wasted. If, after seven years, we have made no serious effort to prepare for our future, we will still have to face rising living costs and retirement challenges. Please do not take this opportunity lightly. Learn seriously, think independently, and develop your own understanding. Do not give up simply because of what someone else says. Cherishing an opportunity means taking responsibility for your future. Working together gives us a chance to build a better one. I hope everyone will work together and actively contribute to the Pi ecosystem. Do not wait until an opportunity is gone before regretting it. Do not wait until old age to realize that you never seriously prepared for your future. — Doris Yin

GCV Wisdom Talk #21 The Fundamental Mistake: Waiting for Results Without Taking Action Today, the fundamental problem is that many Pioneers are waiting for the project team to deliver results, while questioning why they have had to wait so long. This is precisely why we are stuck. The reason you keep waiting indefinitely is that you are waiting instead of doing your part. The responsibility for building the economy rests with the Pioneers. Do not get overly excited every time the project team releases an update, holds a meeting, or announces a technical upgrade. These developments are important for the project's technical foundation, but they do not automatically create economic benefits. The project team builds the technical foundation; the Pioneers must build the economy. So, what must we do? First, study and understand the Whitepaper. It outlines the project's long-term vision. If you do not understand it, read my educational articles and the GCV Pioneer Handbook, which I developed based on the spirit and principles of the Whitepaper. You must understand the correct direction before you can take the right action. Second, never spread false information or misleading promises. Do not forward messages that attack or undermine Pi Network or GCV, and do not blindly follow people who constantly promote new narratives, codes, proposed legislation, or technical updates while promising that success is just around the corner. When Pioneers repeatedly believe these promises but fail to see the expected results, they become disappointed, lose confidence, and eventually abandon the project. Some even uninstall the app in frustration. This is one of the most damaging things that can happen to the ecosystem. The issue is not that the project team is deceiving people. The problem is that people misunderstand developments, spread misleading interpretations, and create expectations that have no solid foundation. Third, develop confidence through understanding, not blind belief. Some people go to one extreme: they blindly believe that the project team will deliver everything, so they do nothing but wait. Others chase every rumor and become discouraged when nothing happens. Both approaches are wrong. We need informed confidence, independent thinking, and consistent action. The project team's work provides the necessary conditions for the ecosystem, but it is not sufficient by itself to create economic success. The Pioneers must provide the additional conditions through education, participation, merchant adoption, and real economic activity. When Pioneers understand the vision, share accurate information, and actively build the ecosystem, we create healthy soil for sustainable growth. A healthy ecosystem can attract external businesses and investors, encourage real investment, and support the development of genuine economic activity. Our responsibility is to establish the initial structure of the ecosystem and build a solid foundation for the Industry Alliance. Stop waiting for someone else to create your economic future. Study the Whitepaper, educate yourself and others, reject misinformation, build the ecosystem, and fulfill your responsibilities. The project team lays the technical foundation. The Pioneers must awaken, take action, and turn that foundation into a functioning economy. That is how we move forward. That is how we build the future. — Doris Yin Founder & Chairperson, Global GCV Movement

Doris Yin Wisdom Talk #19 Return to Inner Peace and Face Life with Wisdom It is a beautiful late-autumn morning here in Toronto. 🍁 This morning, I am preparing to take a walk in the park, enjoy the sunshine, breathe in the fresh air, and appreciate the beauty of autumn. I want to slow down, relax, and truly enjoy this wonderful moment. In life, we inevitably encounter difficulties, conflicts, and disappointments. Sometimes, when things do not go the way we expect, we become frustrated, angry, and impulsive. But we must understand one important truth: Many problems cannot be solved through anger. They require wisdom, calmness, and understanding. Before taking action, we should learn to put ourselves in another person's shoes. Try to understand their circumstances, give them time, and allow ourselves the space to think clearly. More importantly, ask yourself: Will acting impulsively help me achieve the result I want? Or will it make the situation worse and push my hopes further away? Many times, a seemingly insignificant matter can lead to irreversible losses or even tragedy because of a moment of uncontrolled anger. By the time people realize their mistakes and regret their actions, it may already be too late. Never feed your anger. Anger is like a demon that can take control of your mind. Once you allow it to control you, you may hurt not only yourself but also those around you. When anger spreads from one person to another, it creates more conflict, division, and harm. If it continues to spread throughout society, everyone may suffer—and ultimately, you may be the one who pays the greatest price. That is why we must learn to return to our original state of inner peace and clarity. When difficulties arise, do not rush to react or allow your emotions to make decisions for you. Pause, think calmly, and use wisdom to find a solution that truly serves your goals. Today, I look forward to enjoying a peaceful walk in the beautiful autumn sunshine of Toronto. I also hope everyone will give themselves a little time to step away from stress, relax, and rediscover the peace within. True wisdom is not about winning every argument. It is about exercising self-control when emotions arise, showing understanding when conflicts occur, and remaining calm when facing difficulties. May we resolve conflicts with wisdom, reduce hostility through understanding, and face life with a peaceful heart. Never allow a moment of anger to destroy everything you have worked so hard to build. 🍂 Enjoy the sunshine. Embrace inner peace. Let wisdom guide your life. Doris Yin Founder & Chairperson, Global GCV Movement