Post
Topic
Board Mining (Altcoins)
Re: Is the new cryptocurrency PI Network another scam or legit?
by
browolf
on 03/05/2020, 12:29:02 UTC
Pi is basically the crypto Stellar Lumens(xlm) with an MLM recruitment system.  The MLM system exists to add security to the network. It’s a neat idea but  I think the developers underestimated the taint from utilizing MLM type recruiting because what it looks like is an MLM that gives you something you can't sell for a purpose most people can't understand but people know how misleading MLMs are.  

Instead of running a test net with fixed amount of users, they've invited everyone to a test net. But actually inviting everyone to the test net is necessary for the formation of the main net. It's a CRAZY setup.  I'm not surprised so many people think it's a scam.