Cryptocurrency Pi Becomes Legal Tender, Investors Claim
Nguyen Luong, the owner of an electronic store in Hanoi, said he has started accepting Pi as payment for laptops.
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"Almost a dozen people have bought from me this way."
Some others also said they have bought food and equipment using Pi on social media groups since July 13, when its developers allowed it to be traded.
Some even claimed to have exchanged Pi for money, with a token worth almost one U.S. dollar.
Users who have been e-verified could transfer Pi with each other, Phien Vo, administrator of Facebook group Pi Network Vietnam, said.
"Pi holders can only exchange the token for goods and services, not other cryptocurrencies."
Prices are negotiated between parties since there is no value fixed yet for the cryptocurrency.
Some even believe the token could be worth thousands of dollars. For instance, one person claimed he sold his mutant orchid for 2.1 Pi equivalent to $20,000.