#PI# This is a struggle between the grassroots people and the elites all over the world. It is the last financial revolution for the common people to rise up. Pi is challenging various industries globally! They are afraid of Pi's success, they are worried about Pi's success, they are even fearful of Pi's success!

🚨 Who doesn't want Pi to succeed? Why are they afraid?
The success of Pi is not just the rise of a cryptocurrency, but a redistribution of wealth and power. If Pi truly succeeds, it will impact the existing financial order and challenge multiple vested interests. Therefore, there are many individuals and organizations that do not want Pi to succeed, and they may even take various measures to hinder its development.
📌 1. Traditional financial institutions (banks, central banks, governments)
🔴 The success of Pi signifies the rise of decentralized currency, weakening the control of fiat currency systems.
• Traditional banks operate on a fiat currency system, controlling currency issuance, payment settlement, and the interest rate spread between deposits and loans, earning huge profits.
• The central bank's monetary policy determines the direction of the economy, but the decentralized model of Pi is not under the control of the central bank, which makes it impossible for them to manipulate economic liquidity.
• If Pi can achieve global payments and value storage, the monopoly position of fiat currency will be weakened, and banks and governments will lose control over the economy.
✅ Their possible actions:
• Block Pi transactions through regulatory means, prohibiting banks from accepting Pi as a form of payment.
• Discredit Pi, create FUD (Fear, Uncertainty, Doubt), causing the public to lose confidence in Pi.
•Intervene through legal means, claiming that Pi violates financial regulations, in order to hinder its popularity.
💡 The decentralized nature of Pi poses a challenge to fiat currency systems, and banks and governments will not easily allow it to succeed.
📌 2. Capital giants, crypto OGs, and speculative traders
🔴 Pi is an opportunity for ordinary people to acquire wealth, and capital giants and market manipulators cannot control it at a low price, so they do not want Pi to succeed.
• Traditional cryptocurrencies (such as BTC, ETH) were initially controlled by a small number of capital holders, who accumulated them at very low costs and profited through market manipulation.
•The model of Pi is completely different; ordinary people mine for free, and capital cannot accumulate at low prices and then harvest at high positions, which breaks their habitual wealth accumulation method.
•If Pi is successful, it will become the first cryptocurrency system led by ordinary people rather than controlled by capital, and the OGs and big players in the crypto world will lose their control.
✅ Their possible actions:
• Continuously belittling Pi, calling it a scam, with the aim of making ordinary people give up on Pi themselves.
• Create trading chaos for Pi, manipulate the market to cause Pi prices to fluctuate wildly, instilling a sense of panic.
• Intentionally crashing the market on the exchange to create negative public opinion and undermine confidence in the Pi ecosystem.
💡 What the OGs and whales in the crypto world fear the most is that Pi can succeed without them, and they cannot manipulate the Pi market.
📌 3. Other crypto project stakeholders
🔴 The success of Pi may capture market share and challenge the existing ecosystem of cryptocurrency projects.
• Bitcoin is digital gold, Ethereum is a smart contract platform, while Pi is aimed directly at global payments, with a huge target market.
•If Pi really achieves decentralized payments, many payment projects built on BTC and ETH will be eliminated.
•Pi does not rely on miners, is not limited by computing power, and does not require complex smart contracts. Its ease of use may reduce the competitiveness of other projects.
✅ Their possible actions:
• Discredit Pi, calling it a "centralized scam" with the aim of negating its value and bringing users back to the BTC and ETH ecosystems.
•Spread negative information on social media to make people lose trust in Pi.
• Use technological means to attack the Pi ecosystem, such as DDoS, hacking, and other methods to disrupt Pi operations.
💡 Pi's biggest competitive advantage is its popularity and decentralized mining, while other crypto projects may try to prevent this to protect their own interests.
📌 4. National governments, especially those hostile to cryptocurrencies
🔴 The success of Pi will weaken the government's control over the economy, especially the impact on foreign exchange controls and the tax system.
•Many countries do not wish for their national currencies to be replaced by decentralized currencies, as this would affect fiscal policy and monetary control.
•Pi allows for free trading globally, while many countries' foreign exchange policies rely on mandatory currency exchange controls.
•If Pi is widely used, governments will not be able to easily freeze assets, track the flow of funds, or implement capital controls.
✅ Their possible actions:
• Announce that Pi trading is illegal, prohibit domestic exchanges from supporting Pi, and even block Pi-related websites.
• Require banks to prohibit the processing of Pi-related fund flows and block the conversion channel between fiat currency and Pi.
• Use media to promote that Pi is an illegal financial instrument to scare off ordinary users.
💡 The globalization and decentralized payment functions of Pi may threaten the economic control of governments, especially in countries that rely on fiat currency power.
📌 5. Technology Blockade Groups (such as tech giants, payment companies)
🔴 The rise of Pi may challenge traditional payment systems such as Visa, Mastercard, PayPal, etc.
•These companies rely on centralized payment systems to collect fees, while Pi may enable low-cost global payments, which could affect their profits.
•If Pi is successful, their global payment market will face challenges, as Pi can transact without the need for a bank account.
The popularization of decentralized payments may cause traditional payment companies to lose their technological barriers and even lead to user migration.
✅ Their possible actions:
• Limit the use of Pi payments in their ecosystem, such as prohibiting the circulation of Pi in Apple and Google payment systems.
• The coalition government promotes stricter cryptocurrency regulations to protect its market share.
•Develop your own cryptocurrency in an attempt to use capital power to block the growth of Pi.
💡 Pi is a decentralized payment system, while the core business model of technology payment giants is centralized settlement, and the interests of the two are in conflict.
🚀 Conclusion: The success of Pi challenges multiple vested interest groups that do not want it to succeed.
1️⃣ Traditional financial institutions (banks, central banks, governments) are concerned about losing control over the monetary system.
2️⃣ The OGs and whales in the crypto world cannot manipulate Pi; they wish to suppress it to continue controlling the market.
3️⃣ Other crypto projects do not want Pi to replace their market position.
The government may hinder the development of Pi as it threatens fiat currency sovereignty and financial regulation.
Technology payment companies may block Pi because it would affect their centralized payment profits.