Nazeer Ahmed Kehar
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Pi Network: A Forgotten Experiment or an Elaborate
Pi Network, once hailed as a revolutionary step in decentralized cryptocurrency, has now become a graveyard of hopes for millions of pioneers who dedicated years to mining Pi coins. What was initially marketed as an opportunity to earn a digital currency without investing money has now turned into a frustrating dead-end, leaving many to question whether Pi Network was ever a genuine project or merely an elaborate scheme.
Mining Without Rewards: A Systematic Exploitation
Since its inception, Pi Network attracted millions of users worldwide, promising them that their mining efforts would one day be rewarded. Pioneers were encouraged to mine every day, recruit team members, and keep the network growing—all while holding on to the hope that their hard work would pay off.
But what happened in reality?
Despite years of mining, Pioneers have no access to their mined Pi coins.
The so-called "Open Mainnet" remains locked, preventing any meaningful transactions.
The Pi Core Team retains complete control, ensuring that only they benefit while pioneers are left with nothing but numbers on a screen.
This one-sided control has led many to believe that the project was never truly about empowering its users but rather a cleverly orchestrated plan to create value for its developers at the expense of the pioneers.
A Trillion-Dollar Lock-Up
While Pioneers struggle to access their mined coins, the Pi Core Team has allegedly accumulated assets worth billions—perhaps even trillions. By keeping Pi locked and artificially limiting circulation, they have monetized the network’s popularity in ways that benefit them but not the users who contributed their time and efforts.
Pi Network, once hailed as a revolutionary step in decentralized cryptocurrency, has now become a graveyard of hopes for millions of pioneers who dedicated years to mining Pi coins. What was initially marketed as an opportunity to earn a digital currency without investing money has now turned into a frustrating dead-end, leaving many to question whether Pi Network was ever a genuine project or merely an elaborate scheme.
Mining Without Rewards: A Systematic Exploitation
Since its inception, Pi Network attracted millions of users worldwide, promising them that their mining efforts would one day be rewarded. Pioneers were encouraged to mine every day, recruit team members, and keep the network growing—all while holding on to the hope that their hard work would pay off.
But what happened in reality?
Despite years of mining, Pioneers have no access to their mined Pi coins.
The so-called "Open Mainnet" remains locked, preventing any meaningful transactions.
The Pi Core Team retains complete control, ensuring that only they benefit while pioneers are left with nothing but numbers on a screen.
This one-sided control has led many to believe that the project was never truly about empowering its users but rather a cleverly orchestrated plan to create value for its developers at the expense of the pioneers.
A Trillion-Dollar Lock-Up
While Pioneers struggle to access their mined coins, the Pi Core Team has allegedly accumulated assets worth billions—perhaps even trillions. By keeping Pi locked and artificially limiting circulation, they have monetized the network’s popularity in ways that benefit them but not the users who contributed their time and efforts.
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