Pi coin enthusiasts always want to realize their dreams. Seeing that the international version of Pi coin is progressing slowly, they did not choose to wait, but showed off new operations in China. They cleverly launched the "Pi coin Chinese version" and tried to use it to cash out. This action shows their strategy of laying eggs by borrowing chickens, that is, using the huge domestic user base to promote the development of the Pi coin Chinese version, in order to achieve its wider market acceptance and application, and even to achieve the goal of backdoor listing.
Yes, you read that right. In fact, Pi coin is now facing the risk of falling out of favor. If it is not redeemed, domestic traders feel that it will be out of fashion. Pi coin When we talk about digital currency, a controversial topic in recent years is Pi coin. It has set off a craze for free collection and mining. Since the launch of this digital currency by Pi Network in San Francisco, USA on March 14, 2019, it has attracted widespread attention and heated discussions around the world.
Now, five years have passed, and the operator has not yet fulfilled his promise, just like Satoshi Nakamoto, who will never be seen, will never see the ancestor of Pi coin. First, let's take a closer look at Pi coin. Pi coin's promotional materials claim that it is a new digital currency based on mobile phone mining. Unlike traditional mining methods, the mining process of Pi coin is mainly completed through mobile phone APP. Users only need to click the "mining" button once a day to participate in mining. This method greatly reduces the threshold for mining, allowing almost everyone to participate.
However, it is very easy to form a huge pyramid scheme because of this low threshold to participate. Various offline meetings have made a lot of money by charging fees, attracting retail investors to participate again and again to inflate you! In the past five years, tens of millions of people around the world have joined the Picoin mining army. Many of them have a vision and expectation for digital currency. What is more worrying is that some people use the popularity of Picoin to carry out various fraudulent activities. The Internet is full of exaggerated propaganda and false information. For example, some people claim that Picoin can be exchanged for huge amounts of cash in banks in the future, and some people even forged so-called "official announcements" to mislead investors. Of course, if you take the Pi coins in your hand and go to the bank to exchange them, you will most likely be invited to have tea by the uncle, and it is still a credit for delivering them to your door. Pi encountered a crackdown. Under official intervention, a large-scale crackdown was carried out on the Pi coin. In most cases, you can no longer run this software in China, and a large group of people has been lost. This made the operators very annoyed, so some people began to think about recruiting and finding another way to set up a domestic plate. Could they also recruit some people under the banner of the Pi coin domestic plate?
Pi Coin China Version The birth of the "Pi Coin China Version" APP is not surprising at all, after all, domestic traders still want to play. This platform is under the banner of Pi Coin, claiming to be the Chinese version of Pi Coin mining platform. However, it can only be more fake, blatantly under the above banner. First of all, the "Pi Coin China Version" APP claims to have been approved by the Ministry of Finance, which is obviously false.
my country has strict regulations on virtual currency transactions, and any virtual currency platform that claims to be recognized by the government is not credible. Secondly, the platform does not require a mobile phone verification code during the registration process, which greatly reduces the security of the account. Furthermore, when downloading the APP, the phone will prompt that a virus has been detected, which means that the platform is likely to have security risks. If the international version of Pi coin still has a bit of mining meaning, then the "Pi coin Chinese version" APP is an insult to people's IQ. This kind of sign-in thing is no different from the usual small plates. Now any action that allows you to spend money to buy is a scam, not to mention the so-called pre-IPO buyback. If you really make money, why sell it to you now and buy it back before listing? Isn't it better to keep it for yourself? Do you think others are cute, or are you regarded as a cute by others?
Can't wait for Pi coin to go online on the mainnet! The community spontaneously airdropped Pi coins from PiDao to Ethereum. As early as 2022, there was still no news about Pi coins, which angered some community members to set up PiDAO and claimed that they would help Pi Network go online on the mainnet. The team chose to airdrop Pi tokens on Ethereum.
In the later period, some of the people who set up the game made money and ran away, leaving a mess. Then if you look at the air Pi coins on the Internet, there are even more. If you still can't see the routine of Pi coins clearly, you can refer to Bingcoin. If you still don't understand PI coins after the end of Bingcoin, do you understand the tricks played by Bingcoin now? Whether it is breaking the contract online, banning some people's Bingcoin, or selling Bingcoin to let people take over, and setting up a MEEM coin issuance platform, it shows that it is a game to gather popularity and finally complete the harvest again and again. Let's take a look at the current situation of Bingcoin to know the situation of PI coins in the later period. Only the Matcha Exchange can be displayed, and Ouyi has restricted the buying and selling of Bingcoin until now. There are less than 1,000 addresses holding coins now, and what's more ridiculous is the number of the top 10 holders of coins. The top 10 holders account for more than 95%. There is no way to play, you can't buy all, you can't buy all at all. In fact, in most cases, you are just a tool for watching advertisements for Pi coins. Whether it is Pi coin or the "Pi coin Chinese version" APP that has landed in China, they are all continuing the previous fraud routine, opening the way for free and then launching the game of harvesting retail investors in the later stage. Therefore, when participating in such projects, we must keep a clear mind and rational judgment to avoid being exploited and deceived by criminals. In addition, for those friends who are participating or intend to participate in Pi coin mining, they also need to be aware of the risks and uncertainties involved. Finally, it should be emphasized that neither Pi coin nor any other digital currency is a shortcut to easily obtain wealth.