1. Bitcoin can already be traded on exchange and Pi has not
2. Bitcoin does not require KYC and Pi must do KYC
3. Bitcoin already has a price and Pi does not yet have a price
4. Bitcoin is very popular and recognized as the king of cryptocurrency and Pi is only a part of cryptocurrency
5. Bitcoin is the main pioneer and Pi is just an imitator
While I do agree that most of what you've said is true, PI isn't really a cryptocurrency based on what it is showing right now. They keep hiding in the shadows and telling people that it's a crypto but in reality, they're there to collect people's data. A lot of people have been fooled by this project and keeps on waiting for the right time for them to sell it on exchanges. But once the reality knocks them out, they will realize that there's no reality for this project and it won't get into exchanges.