#Since its launch in 2019, Pi Network has attracted millions of users worldwide with a simple and enchanting promise: 'Mine a digital currency for free from your phone, and it will one day be of great value.' But over time, the features of a project that could be recorded as the largest soft scam in the history of digital currencies, and perhaps in the entire history of the internet, have begun to unfold.

1. The psychological illusion behind 'free'

  1. Pi Network relied on a strong psychological principle: free scarcity. The user enters the app daily, presses the mining button, and receives 'coins' without paying anything. This feeling of owning something rare for free has made millions of people commit daily to running the app, while in reality, they are not gaining any tangible real value.

2. Disguised pyramid marketing

To accelerate mining, users are asked to invite their friends. The more referrals, the faster the mining. This model has made the project spread like wildfire, but at its core, it is very close to pyramid marketing models that focus on expansion rather than real value or product.

3. No value, no transparency, no product

Despite millions of users, Pi Network has not listed the currency on any real trading platform for a long time, and all that has been offered are fake 'experimental stores' within the network, in a closed environment (Closed Mainnet). No transparency has been provided regarding the source code, economic value, or a clear plan for a real launch.

4. Massive collection of user data

The app requests broad permissions such as:

Access to contacts

Geolocation knowledge

Phone usage tracking

All this without any actual clarification on how data is used or protected. And if this data is exploited or sold, that alone constitutes a serious exploitation of millions of people.

5. The Great Dumping Trick: Who buys Pi?

One of the most dangerous points is that the founding team holds a massive percentage of the coins (estimated to exceed 20-25%). When the market opens, users will be allowed to buy Pi with dollars or other currencies, under the pretext that the currency has become 'valuable'.

But in reality:

Demand will come from ordinary people aspiring to profit.

And the massive supply will come from the team itself that received the coins for free, and they will sell them for real money.

This clever plan allows them to dump billions of coins they hold, making huge profits from the pockets of ordinary users, while the value of the currency collapses later due to excessive supply inflation.

6. Millions wasted their time for 'nothing'

For years, people have invested their time, effort, and even relationships in promoting Pi Network, hoping for a chance at future wealth. The result so far: no real possibility of selling, no tangible profits, no clear project. Just promises that renew every year.

---#TrumpVsPowell

Conclusion

Pi Network is not just a questionable currency, but a project built on psychological exploitation, personal data, the efforts of millions, and an economic plan that opens the door to dumping massive digital wealth in favor of one party at the expense of everyone.

If these steps are implemented as outlined, Pi Network could be recorded as the largest soft scam in history in terms of the number of people affected.

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