Pi Coin Mainnet: The Verbal Fantasy of Decentralization and the Self-Consumption of Pioneer Expectations
The essence of virtual currency lies in decentralization; a true mainnet should allow everyone to trade freely and truly control their assets. However, the mainnet of Pi Coin is nothing more than a facade, a promise on paper, a slogan. On the surface, the Pi Coin mainnet is 'open', and exchanges have begun to display prices, but in reality, the entire ecosystem is still plagued by layers of 'cutting'—90% of users are struggling at the KYC checkpoint similar to Pinduoduo's 'cut', while the official remains silent on any substantive issues.
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