$PI Bitcoin and Ethereum’s logic is: “I have a badass technology; let you (geeks) use it first, then gradually bring it to ordinary people.” Pi’s logic is: “I’ll first bring 60 million ordinary people in, then force developers to build applications for them.” These are two completely opposite paths. Pi follows “demand pulling supply,” rather than “supply creating demand.”

$PI Add to the position; going all-in is a kind of wisdom!

🔥 $PI It’s not just about needing more people—PI needs real people 🪪, please understand this! 🆔 $PI Pi Network’s vision is not merely to create another digital currency, but to build a comprehensive digital economy in which digital currency can be widely distributed and accessible to everyone around the world. $PI What makes Pi unique is how it builds its network: a social network-based mining mechanism in which the mining rate changes according to the network’s size and development. When the social network grows 10 times larger, the mining rate will be halved. $PI Therefore, the “one person, one account” principle becomes extremely important. If one person can create dozens, hundreds, or even thousands of fake accounts, they will gain an unfair advantage in accumulating Pi. $PI This is precisely why Pi Network places such great importance on KYC verification. The goal is to confirm that members of the network are real people while restricting fake accounts, duplicate accounts, and unfair hoarding of Pi. $PI Therefore, KYC is more than just an identity verification procedure. It is a layer of control designed to help Pi build a network based on real humans—not one dominated by countless virtual accounts. $PI Pi Network states that KYC data will be collected and used to verify Pioneers’ identities, comply with requirements related to anti-money laundering (AML) and counter-terrorist financing, and enforce the policy that only real humans can claim Pi. $PI There is another point worth noting: Pi Network states that it will not and will never sell KYC data for KYC purposes without users’ consent. In other words, Pi is trying to solve a problem faced by many digital asset networks: how can we know that a human is truly behind an account? 🚀 If Bitcoin began the story of decentralized currency, Pi is betting on another direction: bringing digital currency to the masses through a network based on “real humans.” ⚡ KYC will not make Pi less valuable. On the contrary, if it achieves its goals properly, a network capable of identifying real users could become an important foundation for a large-scale digital economic ecosystem. $PI - It’s not about how many accounts exist, but how many real humans truly stand behind the network. #Pinetwork