One Pi currency is 200,000 USD, and Pi currency is the next Bitcoin. This is something an ordinary Dutch aunt told me; this aunt doesn't even understand what blockchain is, but she firmly believes that Pi currency is not a scam.
Hello everyone, today I will expose the Pi currency scam and their operating model to help you shatter this dream.
Let's first talk about what Pi currency is. The English name for Pi currency is Pi Network. Its two founders claim that this is a new type of digital currency. The model is also very simple: you just need to download their app and easily operate mining by clicking a button every day to obtain so-called computing power. If you think the computing power is too low, you can also invite friends to speed it up.
Seeing this, do you feel it is very similar to a certain domestic e-commerce software? That's right, it is copied from Duoduo Knife. Why am I so sure? If I hold back some details, with Duoduo Knife, you can really earn a few dimes, but Pi mining will only give you a false promise.
So how does it repeatedly brainwash middle-aged and elderly users worldwide with a pie? The principle is very simple: it's because it's free. Many people here have a misunderstanding, thinking of Pi currency as a blockchain, which is incorrect. From beginning to end, it has never been a virtual currency, or its current profit model is not based on virtual currency.
Its current main profit model is CPA advertising, meaning that a user earns profit by watching ads on the Pi currency app. Don't underestimate this advertising fee; an ad played to completion is about 0.005 USD. Doesn’t that seem very little?
Let me tell you, there are over 5 million users of Pi currency in China. 5 million multiplied by 0.005 is 180,000 yuan. Every day when you wake up, that’s 180,000 yuan with zero risk. If I were the founder, I would definitely do the same. To cut the leeks in blockchain, you can only make a little money, and the risk is still so high. This kind of model can provide stable high returns just by changing the pie every day, which is incredibly comfortable.
Now, back to our previous topic, why do I say that Pi currency imitates the domestic model of Duoduo Knife? Because a few days ago, a friend of mine interviewed an engineer who was previously an operation engineer for Pi currency. His resume indicated that the inspiration for the profit model of this project came from Duoduo Knife.
The reason is very simple: because this Pi currency project from the very beginning did not set the tone of blockchain as a false promotion. After reaching a certain user volume, it introduced CPA advertising to achieve profit. This kind of promotional model should be well understood by domestic e-commerce users.
This model is free, meaning that watching ads daily comes at no loss. So why do I want to expose it? Because many scammers and promoters have realized that this is a bubble; the track has changed into fraud. I directly searched the keywords in a browser, and we will see many so-called Pi bank cards and a bunch of so-called phones dedicated to Pi mining.
This is actually a scam that uses the name of Pi currency, and the logic is very simple: it's a scam. As we mentioned before, the main profit model of Pi currency is to have users watch ads, and that's it. So how did all these Pi bank cards and special mining phones emerge domestically?
The reason is very simple: it's to scam money. Because these people were initially Pi currency promoters, they had been lured by false promises for years. Now they've realized that there are still so many people beneath them who can't cash out even a dime, so it's better to sell them some cyber health products to recoup some losses.
This is the reason why that aunt sought help at the beginning. He bought a so-called Pi currency bank card and a phone dedicated to mining for 10,000 yuan, but the person who sold him the bank card and phone ran away. The so-called Pi bank card is just a PVC card printed. The price is 40 yuan for 100 cards, and the phone is essentially a pirated device from Huaqiangbei, with just a modified boot animation and an installed app, costing no more than 300 yuan.
So in the end, I still remind everyone that Pi currency is originally a cyber scam to fool people into watching ads, so there are no derivative products of Pi currency. Instead of wasting time on this, you might as well water the Duoduo fruit trees, and in a few months, you’ll have a box of pears.
Comment 168!!!
Free to get on board!!!
