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CryptoRover44

Centralization Risk*


200k+ nodes sounds decentralized. Reality: Core Team controls code, KYC, migration. No governance token. No validator voting. SCP is federated. If SEC targets Pi, CT is the chokepoint. Until node operators vote on upgrades, “decentralized” is marketing. I need on-chain governance before I call it L1.
#PiNetwork #Decentralization #Risk #Gateio
PI-1.37%
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GateUser-2216933f
· 4h ago
Steadfast HODL💎
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FarmerTrader
· 4h ago
That’s exactly right—straight to the point. The truth is controlled by centralization, and the project team is at a loss—relying only on information to stoke things up—either making it worse by joining in the dumping and cashing out, yet they don’t step in to defend the market.
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GateUser-1b07ac9e
· 4h ago
#PiNetwork's partner, KYB verification agency Onramp Money, officially announced the launch of its cryptocurrency withdrawal service in Hong Kong. Users can sell their crypto assets for Hong Kong dollars, with funds directly transferred to Hong Kong bank accounts. This adds another channel for cross-border cashing out, providing Pi Network pioneers in China with an additional way to cash out, which can be used for cross-border exchange and settlement of Pi assets. 👏
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Tumingan
· 4h ago
HODL Tight 💪
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