Hi Friends
Is Pi Network A Scam?
In my honest opinion, no, I don't think Pi Network is a scam. I'll tell you why. For starters, the people who are running this project can easily be found on the campus of Stanford, California. They are not trying to hide their faces and they have publicly made multiple videos so far.
To be fair, I see them nothing different than a Kickstarter campaign. Every business has a fair trial until proven guilty, I say. A legitimate company that is trying to build a product with a fair chance of success and failure just like any other start-up, regardless if it is crypto-related or consumer products.. Their approach to achieving mass adoption can be a little daunting. Amassing a huge user base without any real practical use to the product yet. Which is the reason why so many people out there think Pi Network is a scam? The coin cannot be traded yet, in fact, there is no use for the coin even at this time. All you see is a number that rises every day on your app. But still, I can hardly call it a scam yet since they have not asked for any type of monetary investment from their users.
Being part of the Pi Network is free and mining is completely free to start, well, if you don't want to factor in the electricity bill from charging your phone, your data and 2 seconds of effort every day. It can hardly break the piggy bank. Mining Pi on your phone is actually not so energy-consuming. It's very lightweight and doesn't use much data at all. It runs seamlessly on the background of your phone without hindering any system functions. If you follow them on social media you can track their every step and updates. Even then, you don't really have to since they give an updated notice in their app every time.
The risk is minimal for the effort invested and the gain can be exponential if they reach global mass adoption. It's like when Bitcoin was just pennies.. My biggest concern could possibly be just personal data, but data stuff like Facebook and messenger don't already have. Instead of giving it all to FB and stuff, at least you'll be contributing to a network that will eventually be owned by the people. Still not convinced? Well, I urge you to read their white paper and join some groups. At the end of the day, it's your call.
Also, don't get confused with PiCoin as Pi Network If you're ready to be part of the network and start mining Pi with your smartphone, go ahead and download it through this link for either Android or IOS. You'll need to use my invitation code to join since it is exclusive. It's free to join by the way. There's absolutely no cost in starting to mine but using your smartphone. It takes roughly 2 seconds of your time every day to mine Pi passively for the next 24 hours. \ Pi Network Invitation code: cakzxd
Input the code after you have downloaded the app onto your smartphone.
For more information, check the FAQ and the white paper (if you have technical knowledge) which you both find on minepi.com/cakzxd. In the app is a chat where you can chat with other users and the admins.
or visit us at
https://www.pinetworkapp.org
or
https://minepi.com/cakzxd
If you miss Bitcoin in 2009 ,Do not miss Pi again at an early stage, 8 million active users now join us, it is still early.
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Posted by: one short <milestones807@gmail.com>
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