Pi is defined as the ratio of a circle's circumference to its diameter, expressed mathematically as 2πr/D = π. The discussion touches on the nature of circles versus ellipses, with a playful debate on the concept of "narrow thinking." Participants correct a link to a Wikipedia page about pi, emphasizing the importance of accurate information. The conversation highlights the fascination with pi as a mathematical constant. Overall, the thread explores both the definition and the broader implications of pi in geometry.