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Don Al3jandro
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Don Al3jandro
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is not a joke what do you things $PI #PiCoreTeam
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#PiCoreTeam Comply with Regulations: Collaborate with regulators in key markets to ensure legal compliance and mitigate the risk of restrictions can u do that Dr.??
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Pi Network should be ashamed of using the "Dr." title from Stanford as a shield for credibility, while the project they built over six years saw its price drop drastically in just over a month of trading. For years, they have boasted about the academic background of their founders as a guarantee of the project's reliability, yet the end result shows an inability to create a sustainable ecosystem. If they truly had a grand vision for a blockchain-based financial revolution, why did Pi's price crash as soon as it became tradeable? This isn’t just normal volatility—it’s a clear indication that the years of hype were not backed by strong fundamentals. An academic degree does not guarantee the success of a crypto project, and in the case of Pi Network, it seems more like a marketing tool than actual proof of technical excellence or economic innovation.
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Pi Network isn’t failing because of the project itself, but because of the GCV community creating unrealistic price expectations. They focus more on illusions than building a real ecosystem. Open Mainnet will be a harsh reality check for them. #PiNetwork #GCV #Crypto
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Criticism of GCV in Pi Network: 1. Unrealistic Value: Setting 1 Pi at $314.159 is considered unrealistic compared to major cryptocurrencies. For example, Bitcoin's market capitalization is around $1 trillion. If GCV is applied to Pi's total supply, its market cap would exceed the combined value of all cryptocurrencies, which is impractical. (indodax.com) 2. Lack of Official Support: The Pi Network core team has not officially endorsed GCV, leading to uncertainty among Pioneers about its relevance after the mainnet launch. (saungmaman.com) 3. Negative Impact on Reputation: Claims of unrealistic GCV can affect how outsiders perceive Pi Network. It may reduce public and investor confidence in the project. (indodax.com) 4. High Transaction Costs: If GCV is implemented, creating a valid blockchain wallet requires at least 1 Pi. At $314.159 per Pi, this results in excessively high costs, potentially hindering adoption and participation. (beritabulukumba.com) 5. Questionable Mining Structure: Critics argue that Pi Network’s mining mechanism resembles a Ponzi scheme. They believe the lock-up period benefits insiders by inflating token prices, allowing early investors to exit with profits. (id.beincrypto.com) While the Pi Network community remains enthusiastic about the project, it is crucial to consider these criticisms objectively. A realistic and data-driven approach will help ensure the sustainability and credibility of Pi Network in the future.
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