The KYC Centralization Trap*


526M KYC with Core Team = single point of failure. One hack, one subpoena, 526M users exposed. Worldcoin at least splits data. Pi KYC is Web2 model. Bull case: necessary for compliance. Bear case: honeypot for regulators. Until KYC decentralizes, it’s a risk.
#PiNetwork #WCTradingKingPK
#GateSquareMayTradingShare
#WCTCAIMemeChallenge
WLD1.18%
PI-0.01%
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