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#pi If it’s open source and has smart contracts running on it, isn’t that a complete blockchain? What can be done in two hours—why keep dragging it out? What exactly are they waiting for?
The project team independently controls a dedicated asset pool of 71 billion Pi coins. It is not part of users’ mining allocations, not part of ecosystem reserves, and is fully controlled exclusively by the official.
Within two years, there have been dozens of highly consistent abnormal trading-manipulation patterns: the official X (Twitter) and self-media first publish update posts to create hype and build expectations, then the core team-associated wallets follow, bulk-transferring millions of Pi into certain exchanges—such as the ones abbreviated as some K, some G, some M, etc. After each transfer is executed, market prices must inevitably crash sharply in the short term. The timelines overlap to a high degree; it is definitely not a coincidence.
Over 60 million registered users, taking 4–6 years yet still unable to complete KYC verification and mainnet asset mapping. Meanwhile, those studios using AI-generated virtual credentials are especially able to pass and map quickly. A large number of real users’ verification statuses remain locked long-term as “pending review,” all appeal tickets are left unanswered, with no human re-check!
Faced with widespread user-community backlash across the internet, massive email inquiries, and core issues such as KYC breakdown, the official has consistently deliberately avoided them and refused to give direct answers. Throughout the entire process, it only fobs off the community using machine-template copy!