Big Disappointment in Pi Crypto

Big Disappointment in Pi Crypto

By ArmFarm | Tried -True - Tested | 6 Mar 2022


Adoption of a promising Cryptocurrency, in it's early stages, can be extremely rewarding and even lead to lifechanging financial gains. Sometimes it can also prove to be disappointing and maybe even a waste of time and resources.

One such Crypto is Pi. I have been involved in Pi since it's very early days. Pi started off as a very promising venture and appeared to hold the potential of being the next Bitcoin like opportunity. Because of this tremendous potential, i shared my invitation link and built a small earnings team. 

Now, due to my public support of Pi, i feel obligated to report that Pi appears to have failed in it's fulfillment of it's potential. Only God knows for sure, and only time will tell - but it now appears that Pi is only another attempt by the one world order to gain control of individual freedom. I say this because Pi is implementing an intrusive KYC, on top of its other disappointing failures. At this point, it appears that you will be surrendering far too much information for a very small return.

There are several critical problems with Pi. I will elaborate on my chief concern and leave the remaining problems for others to share.

In much the same way as one would dangle a carrot in front of a mule, Pi promised easy mining and high earning rates. If there was any information about a required KYC, it was in the small print or portrayed as insignificant. The more people your recruited, the more Pi you are lead to believe you will earn. And, that did appear to be the case.

Without going in to too much detail, I will explain why that will not be the case for most participants. During these years of involvement, i have earned approximately 15k Pi. Several members of my earning team have passed away during that time. Even though they verified their legal names, I will not receive the Pi i was led to believe i would earn from their mining efforts. Others, wisely choose not to verify their legal names, and of all the Pi i supposedly earned - I only have under 3k Pi eligible to transfer to my official wallet. Should the other member of my earning team wisely choose not to complete the KYC - I will only have the much smaller amount remaining from my personal mining efforts, not even the 2k plus. At this point, I do not foresee personally completing the intrusive KYC - which means that this process has been a complete failure.

I don't enjoy being brute and honest - but there sometimes comes the necessity. One of the key strengths of Crypto is the anonymity. Occasionally, KYC may be a necessity, but in this case it appears to be a foolish surrender of personal information.

Time to put this failure behind and move on to greener pastures.

Thank you for your time, attention, and interest.

Anthony

How do you rate this article?

13


ArmFarm
ArmFarm

A Follower of Christ, Champion of Freedom and Human Rights


Tried -True - Tested
Tried -True - Tested

This Blog is dedicated to Sharing Information, Wisdom, and Leads to Realistically Improve Your Financial Health. Nothing More - Nothing Less.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.