PI NETWORK: The Truth They Donāt Want You to Know
Pi Network is being hyped like itās the next Bitcoin. The branding is slick, the āmobile miningā idea sounds cool, and the community is massive. But beneath the surface, thereās a lot that doesn't sit right with me. So letās unpack the red flags and why I believe you should think twice before going all-in.
š° The Numbers Are Wild: 89 BILLION Pi in the Teamās Pocket
Letās start with the raw numbers:
Max Supply: 100 billion Pi
Total Minted: 11 billion
Circulating: 7.1 billion
That leaves a mind-blowing 89 billion Pi under the control of the Pi Core Team. Thatās 89% of the total supply. With that much control in the hands of one entity, it only takes one bad move for the whole system to collapseāthink Luna 2.0 vibes.
šµ Whatās Really Happening Behind the Scenes?
1ļøā£ Pre-Minted and Shady
Unlike Bitcoin,
$BTC Pi isnāt mined through energy-intensive computations. Itās pre-minted and managed privately. No transparency, no public ledger, no blockchain explorerābasically, no way to verify anything.
2ļøā£ No AuditsāNone
To this day, no third-party audit has been released. Thatās a huge red flag. What exactly are they hiding?
3ļøā£ Fully Centralized
Letās call it what it is: Pi is centralized. The Core Team controls the supply, the tech, and the decisions. This isnāt what crypto is supposed to be about.
ā Why I Think Pi Might Blow Up (Not in a Good Way)
That 89B supply? It gives the Core Team immense power.
Thereās serious risk of:
Security lapses
And letās not forget: No listings on Binance, Coinbase, or any major exchange yet. That says a lot.
Until Pi becomes auditable, transparent, and decentralized, I personally consider it a very high-risk token.
$TRUMP š Can Pi Still Be Saved?
Maybe. If they release a clear roadmap, open their code, and hand over control to the community, they might earn back trust. But as things stand now, ticking time bomb.
$PI $PI $PI $PI $PI
#PiNetwork #CryptoRealityCheck #StaySAFU #DYOR
#CryptoWarning