Pi Network is being hyped like it’s the next Bitcoin. The branding is slick, the “mobile mining” idea sounds cool, and the community is massive. But beneath the surface, there’s a lot that doesn't sit right with me. So let’s unpack the red flags and why I believe you should think twice before going all-in.
💰 The Numbers Are Wild: 89 BILLION Pi in the Team’s Pocket Let’s start with the raw numbers:
Max Supply: 100 billion Pi
Total Minted: 11 billion
Circulating: 7.1 billion That leaves a mind-blowing 89 billion Pi under the control of the Pi Core Team. That’s 89% of the total supply. With that much control in the hands of one entity, it only takes one bad move for the whole system to collapse—think Luna 2.0 vibes.
🕵 What’s Really Happening Behind the Scenes? 1️⃣ Pre-Minted and Shady Unlike Bitcoin, $BTC Pi isn’t mined through energy-intensive computations. It’s pre-minted and managed privately. No transparency, no public ledger, no blockchain explorer—basically, no way to verify anything.
2️⃣ No Audits—None To this day, no third-party audit has been released. That’s a huge red flag. What exactly are they hiding?
3️⃣ Fully Centralized Let’s call it what it is: Pi is centralized. The Core Team controls the supply, the tech, and the decisions. This isn’t what crypto is supposed to be about.
⚠ Why I Think Pi Might Blow Up (Not in a Good Way) That 89B supply? It gives the Core Team immense power. There’s serious risk of:
Security lapses And let’s not forget: No listings on Binance, Coinbase, or any major exchange yet. That says a lot.
Until Pi becomes auditable, transparent, and decentralized, I personally consider it a very high-risk token.$TRUMP
🌟 Can Pi Still Be Saved? Maybe. If they release a clear roadmap, open their code, and hand over control to the community, they might earn back trust. But as things stand now, ticking time bomb. $PI $PI $PI $PI $PI #PiNetwork #CryptoRealityCheck #StaySAFU #DYOR #CryptoWarning