Pi Coin, a cryptocurrency previously criticized for its mining process, is gaining traction in Florida. Zito Realty, a real estate company led by actor James J Zito, has started accepting Pi Coin for property transactions. This positions Pi Coin as the second cryptocurrency, after Bitcoin, in Florida’s real estate market. Zito, an advocate for digital currencies, emphasizes the potential of Pi in real-world applications.
Beyond real estate, Pi Coin is now also accepted at Cube Motor, a Florida car dealership, making it possible to buy vehicles with the cryptocurrency. This integration into both real estate and automotive sectors signals its growing practical use.
While Pi Coin’s market price surged 20% after these developments, it still faces criticism, with some accusing it of being a scam. Despite this, Pi’s growing user base and active developer community suggest its value could rise as adoption expands.