At a time when some thought it was just an advertising announcement or a digital scam, Pi Network began its journey as a simple app asking you for daily clicks to mine a digital currency. But the surprise? The project is still going strong and causing controversy in the world of digital currencies.
Mining without electricity?
Pi used the concept of social mining, where users contribute with their daily presence and interaction instead of consuming electricity and processing power.
Behind the project?
Three doctors from Stanford University launched the project in 2019, with a clear plan and gradual expansion, but some wonder: Tech geniuses? Or marketing experts?
Does the currency have value?
Despite not being listed on major exchanges, users from many countries have started to use it for actual transactions: from buying coffee in India, to electronic devices in Nigeria, to blankets in Morocco.
Security controversy?
The project requires identity documentation (KYC), which raised concerns about data collection, but the team assures that it is necessary to prevent fraud and build a reliable network.
Comparing the giants:
Between Pi, Bitcoin, and Ethereum… each has its advantages. Pi bets on social spread, while the others precede it in market value and technical structure.
All possibilities are open:
Are we facing an upcoming digital revolution? Or just a fun social experiment that will end over time?
One thing is certain: don't underestimate any new idea, and understand the rules of the game… before you become its victim.
