🤝 Dear Pi Network Pioneers, let’s talk (again) about the apparent silence of the @PiCoreTeam and why it’s actually a well-thought-out strategy, tied even to the 1946 Howey Test.

👉 Why is the silence strategic?

Pi Network isn’t aiming to be just another speculative cryptocurrency. The team is working to build a sustainable digital economy, which takes time and precision. Limited communication reduces the risk of creating unrealistic expectations or fueling speculation that could destabilize the project.

⚠️ The Howey Test and its relevance:

The Howey Test, established in 1946 by the U.S. Supreme Court, determines whether an asset is a security (subject to SEC regulation). An asset passes this test if it involves: (1) an investment of money, (2) in a common enterprise, (3) with an expectation of profits, (4) derived from the efforts of others. Pi Network uses a distribution strategy to early users (like you, the Pioneers) to avoid being classified as a security, positioning itself as a true cryptocurrency.

Strategic silence helps maintain this balance, avoiding excessive promotion that could be interpreted as a promise of profit.

👉 What do Pioneers need to understand?

Patience is key: Pi isn’t a project promising quick gains. The goal is to create an inclusive digital economy, and that takes time. Panicking over price fluctuations or lack of frequent updates misses the bigger picture.

Silence doesn’t mean abandonment: The team is working behind the scenes on critical systems—KYC verification, apps, and network security. Frequent communication could distract from these priorities.

Get actively involved: Instead of waiting for updates, contribute to the ecosystem—whether by testing apps or educating other Pioneers. The project relies on the community, and your role is vital.

Understand the legal context: The Howey Test shows why Pi avoids aggressive promotion. This approach protects Pi Network’s legal and financial future, which benefits all Pioneers.