Please answer the question first. Why is it that out of 10 people mining Pi, only 1.5 people can sell Pi??
The reason is very simple: Nicolas intentionally did this so that he and the cfan can dump pi. Nicolas holds 20 billion pi and evenly distributes it to 10,000 wallets. Every day, he will secretly dump 1 wallet to take 3 million dollars; he needs to dump for about 8-10 years to empty it.
He is blocking those 55 million accounts with the purpose of creating pi scarcity. People without pi will have to buy pi from Nicolas, jumping in to provide liquidity for him. Only when he has dumped almost everything will he allow the pi holders to dump. So at least for another 5 to 10 years, those 55 million accounts will still be stuck with KYC!!
100% truth