SCAM or NOT Pi Network? More delays on Open net? | Day 91

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  • Опубліковано 11 лют 2025
  • DYOR
    You might consider giving up on Pi Network for several reasons, depending on your expectations and concerns. Here are some potential reasons:
    1. Lack of Real Value - Despite years of mining, Pi has not been officially listed on major exchanges, meaning its actual value remains uncertain.
    2. No Clear Roadmap - While the project claims to be moving toward full decentralization, progress has been slow, and key milestones (like open mainnet) have been repeatedly delayed.
    3. No Real Utility - Most cryptocurrency projects provide a clear use case, but Pi Network’s ecosystem is still underdeveloped, with limited ways to spend or trade Pi.
    4. Unclear Ownership & Centralization Concerns - Pi Network’s structure raises concerns about centralization, as the core team controls most of the network’s decisions.
    5. Data Privacy Issues - The app requires KYC verification, and some users worry about how their personal data is handled.
    6. Time Wasted - If you’ve been mining for years without any real reward, you might decide your time is better spent elsewhere.
    7. Potential Ponzi-Like Elements - While Pi Network doesn’t directly ask for money, its referral-based growth model and lack of transparency resemble tactics used by questionable projects.
    That being said, if you still believe in the project and are willing to wait, you might choose to continue. But if these concerns resonate with you, it may be time to move on.

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