Does PiCoin have real value or is it just a promise?
Pi Network has gained popularity with its focus on mobile mining, promising accessibility to cryptocurrencies without the energy consumption of Bitcoin or Ethereum. However, its value and viability are topics of intense debate:
🔸 Mobile mining: Although the concept sounds revolutionary, some consider that this “mining” does not secure the network as in other cryptos, but rather is a marketing strategy.
🔸 Transparency: The lack of a clear roadmap and technical details has led many to wonder whether Pi Network will fulfill its promises or simply seeks to collect user data.
🔸 Unofficial market "BEWARE OF THIS": Although PiCoin appears on some P2P exchanges, these prices are speculative and do not represent real value until it is available on regulated exchanges.
🔸 Pyramid scheme: The referral system has raised suspicions that the network might rely more on attracting users than on building a legitimate blockchain.
Conclusion: Pi Network could revolutionize cryptocurrencies if it manages to launch its Mainnet and provide authentic value. Until then, users should proceed with caution and question whether the project truly democratizes blockchain technology or if it is just an empty promise.