Post
Topic
Board Altcoin Discussion
Re: PI Network going live in coming days. what do you think?.
by
Kavelj22
on 13/03/2025, 22:56:23 UTC
In a recent discussion, Bybit CEO Ben Zhou bluntly stated that the Pi network is more risky than meme coins. Zhou emphasized that its value is largely dependent on community expectations and FOMO rather than fundamental factors. After years of development, the Pi network still lacks a fully functional blockchain. It cannot be publicly traded, raising many questions about the project’s transparency and true potential.

https://e.vnexpress.net/news/tech/enterprises/pi-network-is-more-dangerous-than-meme-coins-bybit-ceo-4859037.html

When Bybit CEO attacked pi network he shared a link where in china some people paid money to get in so they where scammed not from pi team they never asked for money in advance, cause in reality pi until 20 february costed 0 to mine , and howadays one need like a month to mine 1 pi.

I can see that you're very optimistic about PI, but you haven't answered the most important questions about the network's efficiency, if any. What you think of as mining is nothing more than a big hoax, because technically, mining cannot be done using a phone, and there are blockchain standards that the PI network lacks.

Amid the wave of enthusiasm for PI that has continued for several years, a market has emerged for exchanging PI for local currencies. There are certainly those who bought the coin from users who promised them it was a safe investment before any guarantees were presented. The PI team is responsible for creating such scams through advertising for the project.