Pi is not a scam. It is a genuine effort by a team of Stanford graduates to give everyday people greater access to cryptocurrency. Pi’s core team is led by two Stanford PhDs and one Stanford MBA, all of whom helped build Stanford’s blockchain community.
Is Pi digital currency legit?
As soon as I reached home, I started making some background research on the Pi Network and found that not only it is a very legitimate and innovative digital currency initiative, but more importantly, it is still at the right stage to jump in with an excellent risk reward ratio.
Is Pi Cryptocurrency safe?
Reasons why should not download the Pi mobile app.
Currently, you think Pi sounds like a pyramid scheme. This is totally legitimate concern and the world needs level-headed people like you. There is nothing wrong in waiting for Pi to mature. … You really don’t want another app on your phone with unknown security risks.
Is Pi Cryptocurrency worth anything?
Pi currently carries no value and is not tradeable on an exchange. It is difficult to predict the value of the coin before launch, but it could start with a value of around 0.01 against the US dollar, according to some forecasts.
Is Pi Network dangerous?
The app does not provide any utility to its users beyond functionality like in-app messaging. … There are hundreds of posts online saying PI Network can not be a scam because users do not put any money it. Users’ time and data are valuable to those users and they are spending these on the app.
Is Pi the next Bitcoin?
Pi Network Digital Cryptocurrency Will Be The Next Bitcoin And Could Be Worth Up To $200. Pi Network was launched by a group of Stanford PHD students and looks set to be as good if not better than Bitcoin.
Can you make money from Pi network?
Their solution means you can make money by mining crypto-coins from your phone. Simply download the app, and once a day open it and automatically mine Bitcoins. PI Network also has a members’ platform. If you sign up you could even add me to your network.
Is Pi network stealing data?
There is NO catch with Pi network mining. NO, u don’t have to worry about data/phone security. Feel free to mine as only 4 months is left till its free . after 4 months it will not be free to mine and it will go halving too which means the speed with which u earn will be reduced.
Is Pi a pyramid scheme?
No? It’s not a pyramid scheme. … A pyramid scheme is one where the person above you makes more money than you for recruiting you. Although you do earn more for every person you recruit, if those people turn out not to be real (complete the KYC) then the Pi attributed to them would be lost for you.