PI Network - everything you need to know

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     In a previous article I talked briefly about PI Network. I leave a link to that article. I have delved into this cryptocurrency and I will give you more details about it.

PI Network

     The company created their own digital currency, but there is no mention of who owns or runs this PI currency. So who says they know a lot about Stanford PHDs can't bring much evidence, using only rumors so far. What I can tell you is that the site is run strictly through its affiliate program, in which affiliates or affiliates are compensated for bringing in other participants. However, because this is a kind of virtual wallet and a mining platform, I see a possible potential in that.
    There is no product, only the company offers this service. By downloading the Pi Network application, you can mine, collect virtual coins (crypto currency) on your phone, but without consuming your battery! That's what it claims to be / does, but it seems to be nothing more than a recruitment-based program that relies entirely on its membership. But that's how Bitcoin started, when the value of 1 BTC meant nothing and finally rose to $ 11,000!

 

 

     The company is in its infancy, so there is no evidence of what it is heading for and whether it is worth fighting with. All I know is that it looks a lot like a virtual wallet, which you can use to transfer and make purchases online using digital currency.

 

     Now, Pi Network has absolutely no value and is trying to bring out what Bitcoin did back in 2008. It takes some time, several million users joining the application, all in the hope that the value of a Pi will increase to a point where everyone will be able to make money. Because it is currently completely free to join this system, the money made and the value of a Pi will depend on the number of members who come to the company and how much will be spent. When I say spent, think of Bitcoin: it spends energy and time, not money actually. By spending and sharing, using the Pi Network application, the value should increase over time, as long as new members continue to join.
 
When more information appears, I will make a new article to inform you about this cryptocurrency.

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