$BTC needs hard work to mine, using a lot of electricity, but it has no fixed claimed value. Pi coin, which takes very little effort to mine, claims a fixed value (GCV). This looks like a joke. Even with maximum effort from Pioneers, Pi coin may only reach around $5.

Pi Core Team has warned the community about fake news and GCV scams.

The team sent a message asking Pioneers to help stop false claims about Pi Network. They want members to report wrong information and share facts. But this move has split the community. Some agree it’s a good step, while others say it’s the team’s job, not the users’.

The main target is the GCV idea, where some people claim Pi is worth $314,159 per coin — an impossible price higher than the world’s total economy. Many are now reporting those promoting such fake prices, calling them scammers.

This situation shows a trust problem. The Core Team says they want a safe, truthful community, but critics point out delays in launching Mainnet, poor updates, and no clear use for Pi. People want more action and clear news from the team before being asked to do PR work.

The fight against fake news has now created more division in the Pi community, and the future will depend on whether the Core Team can rebuild trust and deliver real progress.