Since the launch of the Pi network, it has given many cryptocurrency enthusiasts hope, even dreaming of easily mining cryptocurrency with their phones. However, to this day, the mainnet has yet to launch, the mined coins cannot be withdrawn, and the market's perception has shifted from initial expectations to increasing skepticism.

Is it really worth mining Pi?
Is the Pi currency we mine real digital wealth, or are we merely 'recruiting' for a project with no transparency? This makes me ponder whether the Pi network is truly a decentralized cryptocurrency project, or more like a sophisticated 'pyramid scheme' tool?
1. Expectations and disappointments:
From the very beginning, it has been touted as an easy mining opportunity 'as long as you have a phone'. But what is the real situation? The mainnet has yet to launch, the coins cannot be withdrawn, and it has essentially become a castle in the air. Where is the real value? Is it the potential of the future, or just an 'empty promise'?
2. The 'business' of recruiting:
The process of mining is actually becoming less and less decentralized. You have to constantly invite others to join in order to receive rewards. This model bears some resemblance to traditional pyramid schemes, raising doubts about the true purpose of Pi. Is it really to allow everyone to enjoy decentralized wealth, or is it for the team to profit through advertising and recruiting?
3. Vague technical details:
The Pi technical team has not disclosed much detail about the blockchain to date. Is it a decentralized blockchain project, or is it merely waving the blockchain banner on paper? This lack of transparency makes it hard to trust.
4. Ad insertion, player injury:
In the latest app update, ads have started to be inserted, making it feel like Pi is using users to 'provide traffic' for its advertising revenue. Is this for the long-term development of the project, or is it 'exploiting' users' attention?
What does the future hold?
If Pi can truly launch the mainnet and achieve circulation, perhaps it can regain some trust. But at this stage, the Pi network seems more like a directionless small experiment, ultimately becoming a tool for the founder to profit through advertising.
If you are still mining in the Pi network, you might want to think carefully: is it really the key to your wealth, or just a 'castle in the air' in the world of digital currency? 🚨

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