Draw a circle of diameter 1
Draw a square touching it on all sides, perimeter 4
Cutting at right angles to the existing edges, cut smaller squares out of all the corners so they touch the circle
Perimeter remains 4
Repeat this corner cutting infinity times
Perimeter of the cut square (4) matches the circumference of the circle (pi)
pi = 4
Unlike traditional geometry, it's just abstract symbol manipulation with no relevance to real shapes.