Post
Topic
Board Speculation (Altcoins)
Re: Pi Network value speculation
by
Eureka_07
on 20/09/2020, 05:01:37 UTC
I'm trusting this project but I'm not so sure



What about KYC? is it not mandatory or is it only recommending to pass?
you all use a mobile app to mine Pi (even if there nothing similar to mining). You give this app permission to have access to your mobile device, where it can very easily pick up much more data than your name. but I guess you already know that.

I am surprised that they did not take advantage of the DeFi moment.


I'm not sure if KYC is mandatory to be able to get the mined PIs that has been mined everyday. I tried commenting on their forum-like section on their mobile app but I don't get any valuable answers.
I do not prefer passing any KYC to anyone, even they do have a good trust right now, I've read that a third party will be the one who will be managing the KYC forms that has been passed by the users.

They did not took advantage on Defi since they have their own set of goals written on their whitepaper.