Well I didn't mined pi coin but I will try to be unbiased. Recently Pi coin gets listed recently after they launched their mainnet. Major exchanges like Okx , Mexc ,Bitget.
After listed it touched $3 which is $300B FDV more than Ethereum marketcap.
Everyday lost of Pi is getting migrated and circulating supply increasing. A lot's of peoples KYC is still pending and they weren't able to solve this even all these years. Even after getting listed on Major exchanges Pi team didn't provide any official liquidity to any of these exchanges and not even official listed.
This has no proof of works mining cloudly and still open mining mechanism. What do you think is this another Memes like $Trump or it has actual value to be added.
RECENTLY: Justin Bons, founder of Cyber Capital, has labeled the Pi Network a scam, criticizing its centralized approach and MLM-based mining scheme.
So basically now those who is trading pi it's more likely a memecoin cause no utility has been seen in all thse years.
Yes Correct! Getting rid of all the BAD actors, something Bitcoin has a BIG issue with (Big Corporation Mining fields)
I saw this guy CrybabyGansta stated BTC have this major flaw but Pi doesn't have. If peoples do accepting Pi like BTC will this actually be an competitors to BTC.
I'm not comparing it to BTC but how peoples are bullish and defending the pi this is just another curiosity of mine popped on my head.
So I've a question to all those OG, will you accept PI like BitcoinI've seen pi popularity only on other social media like facebook , telegram , twitter since this forum was the only mother platform of crypto currency I wants to know your opinion on how things going on.
Although back then 2018/19 and now is different scenario cause pi is now listed and it's FDV is now $100B.