The sky is dead, the Yellow Turbans shall rise. Hahaha. History will always repeat itself in one way or another.
财经白泽Pro
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Why are there two opposing forces of abuse and worship for Pi coin? As we all know, in 2019, and even earlier, Pi has been widely discussed, and the phrase "With one π in hand, I have the world" has unknowingly circulated for so many years. Why do people either abuse it or worship it? There are actually some explanations that I wonder if everyone agrees with. 1: The atmosphere around Pi was extremely poor a few years ago. Not only have major official sources warned about the new types of scams involving π coin, but it is rumored that several years ago, many reports emerged of people going to rural areas to find elderly individuals beyond the registered age to sign up for the software, using various gifts like rice, oil, and salt to encourage the elderly to use their phone numbers for invitations and other activities. Additionally, there were various methods to download the Pi Network software, which only required clicking once a day to mine, a simple and convenient method that quickly spread to every corner of the world. The frenzy was fueled by claims from the Chinese website staff of Pi Network that its barter consensus price was approximately 100 dollars per Pi coin, and the Google search results for PI reached as high as 652 million, which is surprisingly slightly fewer than the search results for Bitcoin by a few hundred million! 2: In June 2021, "Fengkou Finance" reported on the pie-in-the-sky behavior of Pi coin and the suspected scam of mobile mining. Over the years, various official sources, major financial websites, media outlets, and bloggers have been warning about this scam. Pi has continuously been said to be listed on exchanges to realize its value, but it has never been listed, leading to increasing disappointment and abuse from many people. 3: Those who remain neutral and occasionally participate in mining to obtain this coin do so with a sense of luck, thinking that if it ever gets listed on an exchange and realizes its value, it would be considered an unexpected windfall—living day by day, feeling secure, and maintaining a neutral mindset. 4: Veteran cryptocurrency traders are very realistic. They research various information about Pi and find that the information released about this project resembles a bubble, fully conforming to the situation of various air coins. It is equivalent to a coin that has not been listed on an exchange and can be likened to a bottom-feeder coin. After considering the actual situation, many choose to maintain neutrality and abuse it because, in the minds of most people, it is even less valuable than an unlisted bottom-feeder coin.
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