🔮 The Dream: Launched in 2019, the Pi Network promised an exciting new cryptocurrency you could mine for free with just a tap on your phone. Stanford-educated developers? Check. Millions of users globally? Check.
But... here's the catch.
🕰️ 5 Years Later: Pi tokens still aren’t tradeable. No exchange supports them. Pi has a blockchain, but it’s built on old tech—the Stellar Consensus Protocol from 2014, not the groundbreaking innovation many believed.
💻 Mobile Mining? Not quite. That daily tap? Just a simulation, more like a game than actual mining. Real mining? You need to run node software on your computer, not your phone.
💸 What’s the Value? Some speculate Pi could hit $50 or more—but without trading, it's all dreams. Meanwhile, some users think they’ve struck gold... others are starting to see the cracks. And when it finally hits exchanges, expect a lot of tokens hitting the market, which could crash the price fast.
👀 Privacy Concerns: What’s really going on behind the scenes? The app collects a lot of user data. The ads you see? Making Pi Network money. The KYC (ID verification)? Raises questions since Pi tokens aren't sold—yet.
📅 December Mainnet Launch: Rumored to go live this year, but will they delay again? With ads and data keeping the Pi team comfy, launching could mean the end of that revenue stream.
🌟 The Bright Side? It’s not the worst scam in crypto—users haven’t lost real money (just time). But the dream of earning big from Pi might soon meet reality.
📲 Pressing that button daily? It might be time to rethink if you're mining value, or just waiting for a dream that never comes.
#PiNetwork #itwiseFilesXRPETF #TCUptober #BTCReboundsAfterFOMC
