Pi Coin's Six-Year Dream Shattered: The Scam Exposed and the Bubble Burst
After six years of anticipation, Pi Coin, once hailed as the "currency of the future," has crumbled under its own weight. Attracting countless users with promises of virtual wealth through ads, Pi Coin's mainnet launch revealed a shocking truth: it lacked legitimate blockchain technology and was nothing more than a point-collecting game, similar to mobile apps.
Ironically, the Pi Coin team never believed the project could run publicly. Relying on the outdated model of "getting rich by watching ads," they attracted users until advertising revenue dried up, leaving the project in a vulnerable state. To salvage the situation, they hastily connected Pi Coin to the Stellar Network, hoping to patch the holes.
In a final attempt to appear credible, they chose "314" as a symbolic number for the mainnet launch, invoking a sense of mystery, but in reality, it was a cover-up for their scam. After six years of hope, countless hours spent by users, and empty promises, the Pi Coin bubble has burst, leaving behind only disappointment.