Pi Coin: Creating value

Bonafide

Today, everyone is sitting on a veritable treasure trove of untapped resources. Each of us spend hours day on our phones. While on our phones, each of our views, posts or clicks creates extraordinary profits for large corporations. At Pi, we believe that people have the right to capture value created from their resources. (White Paper)

Pi is dedicated to helping everyday people capture more economic value that today goes to banks, technology giants (e.g., Facebook, Amazon), and other intermediaries. Pi depends on the collective contributions of its members. (White Paper)

Can Pi fix the broken financial system?
Can Pi strengthen the lives of unserved people around the world? Can it remove the barriers to economic equality?

Real change happens when we think beyond ourselves. #ripple

Your thoughts matters.

go314

Well it could be the winning strategy (as it is based on smartphones), but as for now it is not. The main problem is that you cannot theorise all the time, and the core team is not so much keen to go foreward.

You have to allow at least transfers, but strangely enough they’re simply forbidden, And not only among users but we cannnot even donate to the ‘famous’ and the only one working (so, so) application within the Pi Network application. And THIS is ludicrous.

Even bigger problem is with so called KYC - the way they mismanage it is stunning.

If you calculate what happens when you compare 100K users that will have this ‘grace’ to do it… but notice in FEW months, with something like 1 million new accounts opened each mont… wel that looks quite creepy… NO WAY to pass to phaze 3…

Bonafide

go314 friend KYC will come to everyone. It is the CT goal to distribute Pi Coin equally to all pioneers that will join this project. Problem here is the human nature called “GREEDINESS” people or groups of people created bot accounts to farm Pi Coin mining. Its not an easy tasks, and the goal is that no real pioneer should be left behind. KYC is the process to weed out bot accounts for sure you know this already.