I pity people who are still wasting their precious time and efforts mining pi coin, I wonder what they are hoping to get.
I will always reiterate, pi is scam and people should stay far away from it.
stay away from it, why? It sounds like you are disappointed that you didnt get involved.
What is there to lose? its free to mine.
It has a massive user base -- one of the largest. Chances are that some large crypto company will buy them based on this fact alone. So even if they dont get their act together and launch -- they wont need to. This is the first project available to everyone with a level playing field. They have not launched and money grabbed. They are buliding community first.
what are the drawback to users? Your statement is blank and aimless. Pi has unlimited potential for many reasons. Howwever, even if they simply close down -- ppl have lost nothing. pyramid or ponzi schemes involve transfer of money.
I don't think he will say that if he didn't tried it and do you think if he got a coin and he sell it for a good price, he will say those things? Of course not but he must be thankful instead that he got free money once from this project before it turned out bad. Yes it's free to mine there but we are required to do a KYC. Maybe you can still say that KYC is free. It only means that you didn't value your privacy and personality.
You didn't know that criminals can use your KYC and you will be the ones who will get blamed for the crimes that they did. The news we have here is great. Hope they will get shutdown so that there will be no more people who will waste their time and risk their identity on this scam project.