Who does not want Pi to succeed? Why are they afraid?
#PI#
The success of Pi is not just about the rise of a cryptocurrency, but a redistribution of wealth and power. If Pi truly succeeds, it will disrupt the existing financial order and challenge multiple vested interests. Therefore, there are many individuals and organizations that do not want Pi to succeed, and they may even resort to various means to hinder its development.
📌 1. Traditional financial institutions (banks, central banks, governments).
🔴 The success of Pi means the rise of decentralized currency, weakening the control of the fiat currency system.
• Traditional banks rely on the fiat currency system to operate; they control currency issuance, payment settlement, and interest rate spreads to earn huge profits.