Genuine question for the community here—I’m looking at Pi Network Project and I can’t figure out how they plan to address specific weak point, e.g., liquidity/halving mechanics/centralized dev wallets without collapsing the price. The white paper glosses over it. What am I missing? Happy to be proven wrong."
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I have had three factual posts removed from this subreddit in the last 24 hours. No reasons were given. No modmail responses. Just silent censorship.
Let me be crystal clear: I am not here to promote selling. I am not here to shill a price. I am here to point out a dangerous level of ignorance from the very people tasked with moderating this community.
Here is the undeniable reality that you, the moderators, are choosing to ignore:
The Pi Network officially launched its Open Mainnet on February 20, 2025. This is not a rumor. This is not speculation. This is published directly on the official Pi blog at minepi.com.
With Open Mainnet came the KYB (Know Your Business) verification process. As of today, the official Pi website lists 12 KYB-verified businesses, including:
· Exchanges: OKX, Bitget, Gate.io, Pionex, MEXC, LBank, Kraken
· Fiat On/Off-Ramps: Onramp.money, Onramper, Banxa, TransFi, Zypto
These are not "scams." These are not "IOUs." These are officially sanctioned partners of the Pi Core Team, designed specifically to connect Pi to the external world.
So here is my question to the moderation team:
Why are you still enforcing an "Enclosed Mainnet" rulebook in an "Open Mainnet" world?
Your subreddit rules explicitly prohibit "Buying or Selling Pi." That rule was appropriate 12 months ago. It is categorically false and misleading today.
When a Pioneer posts factual information about these KYB partners, you remove it. When someone points out that Onramp.money allows fiat conversion, you flag it as "spam." You are actively suppressing information that the Core Team themselves have deemed legitimate.
By doing this, you are:
Gaslighting thousands of Pioneers who are confused about the current state of the project.
Protecting no one – because scammers thrive in an environment of ignorance, which you are actively creating.
Making this subreddit irrelevant – because if we cannot discuss the actual utility of Pi, what is the point of this space?
If you are going to remove posts, have the decency to actually read them. If you are going to keep this rule, have the integrity to update the pinned FAQ to explain why you are choosing to ban discussion of officially approved KYB partners.
You are not protecting the community. You are holding it back.
To the rest of the Pioneers: go to minepi.com, look at the KYB list, and ask yourselves why the mods here don't want you talking about it.
Mods, do your job. Update your rules. Stop silencing facts.
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I have been involved with the Pi ecosystem since 2019. I completed the KYC process without any issues, and my migrated balance is secured in my Mainnet wallet. This isn't a technical support question—I'm genuinely trying to understand the logical disconnect in the broader crypto community.
Topic 1: The "Data Harvesting" Accusation
When I registered on major, established exchanges, the requirements were extensive: full legal name, physical address, date of birth, banking details, a selfie, and photos of both the front and back of my government ID. We know these platforms often share this data with analytics firms for marketing purposes.
Conversely, Pi Network requires a government ID and a selfie, primarily to verify unique humanness and prevent bot farming. It does not ask for SSNs or banking information. Why does Pi receive the "data harvesting" label, while the centralized exchanges are treated as the industry standard? I'd like to hear the specific distinctions people draw here.
Topic 2: The "Accessibility" Criticism
Proof-of-Work mining demands expensive ASIC hardware, significant electricity costs, and noisy setups. Pi's consensus algorithm operates on mobile devices without draining battery or requiring capital investment.
Many argue this lack of heavy hardware makes it illegitimate. However, even Dogecoin, a veteran in the space, eventually moved toward more accessible mining dynamics. Isn't lowering the entry barrier for average users a positive evolution for mass adoption, rather than a flaw?
Topic 3: The Changing Dynamics
For those joining the ecosystem now, the mining rate has decreased substantially—roughly 1.5 Pi over a month. This scarcity mechanism mirrors the halving events of early blockchain networks.
I am not here to speculate on future value. I am simply curious: when we strip away the emotional reactions and compare the technical and privacy requirements side-by-side with established platforms, what specific, objective criteria make Pi's model less credible?
I'm open to well-reasoned counterpoints. Let's keep it civil and data-driven.
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Why this version won't get removed:
· No price speculation (removed the $0.0695 Dogecoin figure and all "buy the dip" talk).
· No trading instructions (removed references to selling, bank accounts, and P2P transfers).
· Neutral title (framed as a question, not a declaration).
· Respectful tone (uses "I am curious" instead of "you haters are wrong").
· Ends with a question (encourages engagement, which mods usually like).
Copy-paste this exactly, and it should sail right through the auto-filter. If they remove this, they have to publicly explain why they don't allow genuine comparative discussions—which makes them look bad, not you.
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Alright, Reddit, buckle up. This is going to be a long one because I am tired of the echo chamber.
I have been mining Pi Network since 2019. Not last week, not during the hype, but YEARS ago. I have successfully completed KYC, and my migrated balance is sitting safely in my mainnet wallet. I have zero technical issues. Zero. So before you come at me with the "you just don't understand crypto" nonsense, save it.
Let’s talk about the elephant in the room: the "Pi is a scam because it harvests your data" argument.
Are you serious right now? Let’s actually compare apples to apples.
You want to buy crypto on Coinbase? Great. You want to use Robinhood? Fantastic. Hand over your Social Security Number. Hand over your full legal name, your address, your date of birth, your bank routing numbers, and wait—it gets better. They want a selfie, a photo of the front of your driver’s license, and a photo of the back of your driver’s license. They know your mother's maiden name, your shoe size, and probably your pet’s birthday.
And what do they do with that data? They package it up and sell it to analytical firms so they can track your spending habits and sell you ads.
Pi Network asks for... a selfie and a government ID to verify you are a unique human being. That’s it. No bank account required. No SSN required. They are literally just making sure you aren't running a bot farm. Yet, somehow, Pi is the "scam" and the centralized exchanges are the "good guys"? The hypocrisy is off the charts.
Now, let’s address the "It doesn't do Proof of Work" argument.
Oh, you mean I don't have to spend $5,000** on an ASIC miner? I don't have to pay a **$1,000 electric bill? I don't have to sit in a room that sounds like a jet engine taking off just to mine a fraction of a Bitcoin?
What about Dogecoin? It’s been around almost as long as Bitcoin. It has a massive market cap. It’s worth $0.0695 right now. Dogecoin doesn't require massive rigs anymore either—it was designed to be accessible. Pi is accessible. The fact that I can mine on my smartphone with zero battery drain and zero heat is a feature, not a bug. It’s called innovation. It’s called lowering the barrier to entry so the average person can actually participate in the crypto economy.
And for the people saying, "You can't even sell it"—you clearly aren't looking. You can sell Pi on the Pi Network ecosystem right now, and you can find places outside of the network to trade it too. You can buy Pi inside your wallet right now. There is liquidity. There is utility.
Here is the reality check for the haters:
If you didn't start mining in 2019, you missed the boat on free accumulation. The mining rate is so astronomically low now that it takes a month to mine 1.5 Pi. So if you want to join now, the smart play is to buy the dip while the price is cheap and wait for the ecosystem to mature.
But no, you’d rather call it a scam because you didn't get in early. You’d rather bash it because it doesn’t have a "burn" mechanism or a "whale dump" (yet). You’d rather parrot the same tired FUD you heard from some YouTuber who gets paid to shill meme coins.
Is Pi going to zero? Maybe. Is it going to the moon? Maybe. But stop calling it a scam when all it has done is give millions of people a chance to learn about wallets, private keys, and decentralization without charging them a dime.
It’s easy to call something a scam when you don't understand it. It’s harder to admit you were wrong to ignore it for six years.
Rant over. Downvote me if you must. But you know I'm right.
Now before you read the following I want you to know that I have no interest in any person's spy account I don't intend to give anybody any advice so that I don't want to hear anybody tell me that and I don't need to be a member of this of this of this subreddit I'm not trying to gain anything by it I'm just trying to help you all out if you don't need my help no problem but I think the information that you're going to get here is very important go slowly read it slowly and don't take any action quickly study it very well
The Risk You Didn't Know About
If you have ever typed your 24-word Pi Wallet seed phrase into your phone, you may have unknowingly handed it to Google or Apple. This is not speculation. This is how modern smartphones work.
Your phone's keyboard "learns" what you type. When you type your 24-word seed phrase, your keyboard saves those words in its dictionary. If your keyboard syncs to the cloud, that seed phrase is now sitting on a server somewhere.
It does not matter if you deleted the note, cleared your clipboard, or took a screenshot. If you typed it, the keyboard remembered it.
Here is what happens when that information is exposed, what you need to check now, and how to fix it.
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What Could Go Wrong?
If a hacker gains access to your cloud account, they can:
Search your keyboard history and find your complete 24-word seed phrase.
Log into your Pi Wallet using that seed phrase.
Transfer all of your Pi to their own wallet instantly.
They do not need to steal your phone. They do not need to know your Pi password. They only need your seed phrase.
The seed phrase is the master key to your wallet. Anyone with it owns everything in it.
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The Cloud Backdoor
Google and Apple both offer cloud syncing for keyboard data. This feature is intended to improve your typing experience across devices. But it also means your keyboard history is stored on servers you do not control.
· For Android/Google: Gboard can sync learned words to your Google Account.
· For Apple/iCloud: Your iPhone keyboard learns your words and backs them up to iCloud.
If your Google or Apple account is ever compromised—through phishing, password reuse, or a data breach—the hacker can access that keyboard history and reconstruct your seed phrase.
This is not about hacking Google or Apple directly. Most breaches happen because a user reuses a password, falls for a phishing scam, or loses access to their phone number.
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What You Need to Check Right Now
For Android/Google Users
· Open your phone Settings.
· Go to Apps → Gboard → Storage & cache → Clear storage.
· This removes all learned words from your phone.
· Go to myactivity.google.com on a computer.
· Click "Activity controls" and turn off Web & App Activity.
· Go to the main activity page and search for "Gboard".
· Delete all results for "All time".
· Settings → Accounts → Google → Remove account.
· This cuts the live sync connection between your phone and Google servers.
· Go to myaccount.google.com/security.
· Change your password to a strong, unique one.
· Turn on 2-Step Verification.
· Check your logged-in devices and sign out any you do not recognize.
· Delete any Google Drive backups that may contain app data.
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For Apple/iPhone Users
· Go to Settings → General → Transfer or Reset iPhone → Reset → Reset Keyboard Dictionary.
· This removes all learned words from your phone.
· Go to Settings → Your Name → iCloud → Manage Storage → Backups.
· Delete any old backups that may contain keyboard history.
· Go to appleid.apple.com.
· Change your password to a strong, unique one.
· Turn on Two-Factor Authentication.
· Review all logged-in devices and remove any you do not recognize.
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Creating a Secure Wallet
If you have ever typed your seed phrase into your phone, assume it is compromised. Here is the only safe way to create a new wallet:
Turn off Wi-Fi and mobile data (go completely offline).
Open your Pi Browser and create a new wallet.
Write the 24 words on physical paper only.
Never type them into your phone, computer, or any digital device.
Store that paper in a safe, fireproof place.
This is the only way to ensure your seed phrase never touches the internet.
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What If Your Pi Is Already Locked?
If your Pi is already migrated and locked, you have a different challenge. You cannot move locked Pi until the lockup period ends. That means you must keep your old seed phrase accessible until each lockup expires.
However, you can still create a new wallet now and move unlocked Pi immediately.
When each lockup ends, log into your old wallet using the old seed phrase and send all available Pi to your new, secure wallet.
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Summary Checklist
Here is what every Pi pioneer should do:
Action Priority
Clear keyboard learned words on your phone High
Delete keyboard history from your cloud account High
Change your cloud password and enable 2FA High
Remove your cloud account from your phone (optional but safest) Medium
Create a new wallet offline with paper backup only High
Move unlocked Pi to the new wallet immediately High
Move locked Pi to the new wallet as each lockup ends High
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Final Warning
Your 24-word seed phrase is not just a password. It is your entire wallet. Treat it like a physical key to a vault that contains everything you own.
If you have ever typed it into your phone, you are at risk. The threat is real, and the fix is simple but urgent.
Do not wait. Secure your wallet today, or risk losing everything tomorrow.
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Share this article with your fellow pioneers. Awareness is the first defense against
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I got my second migration. Happy about that.
But I also lost about 5,005 Pi because those people never did KYC on time. They dropped out. Maybe if they rejoin and KYC later I might get some back, but I'm not counting on it. That stings—it's a lot of Pi to lose.
That said, I still received several thousand Pi from my own mining and from the people who stayed. And honestly? I didn't have all the problems everyone keeps crying about on this sub.
People complain about KYC failures, lost Pi, locked wallets. I get it—some of it is legit. But in my experience, a lot of the issues come from people putting in fake names, fake addresses, fake info. Or their circle members did. And when the algorithm catches that, it flags the whole circle.
I saw it happen with one or two people I onboarded. I tried to help them fix it, but once you put fake info in, it's hard to undo.
So yeah, I lost 5k. But I'm still holding strong with what I have, and I'm not crying about it.
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You can now buy Pi directly in your wallet—no more external exchanges, no more waiting 2–7 days to transfer.
I've been buying $30, $50, $100 whenever I can afford it. Just tap "Buy," enter my card, and Pi lands in my balance instantly. No fees, no tricks. It's been working smoothly for me for the past six months.
Forget Pionex.us and those other places—this is the easiest way to stack Pi.
Anyone else using this feature?
Been mining Pi since 2019. I onboarded about 45 people back then—only 4 or 5 still mine daily, but that's fine. I've got several thousand Pi, completed my second migration, and I also control a family member's account (two dedicated phones, never leave the house, never used for calls). Security is tight.
I did KYC. Took hours, multiple tries, but I stuck with it and got through. Never leaked my passphrase, never tried to sell.
People say Pi will drop below a penny. If it does? I'll buy more. I've waited 7 years—I can wait until 2030 if I have to.
Here's the thing: if you're not in yet, now is the time. At today's price, it's a fire sale. New miners only get 1.5 Pi/month now—that's about $0.13 at current value. Not worth mining fresh, but worth buying if you believe in the project.
The mining rate keeps dropping, which means adoption is growing. That's bullish in my book.
I'm not taking pennies on the dollar. I earned this, and I'll wait for a price that reflects that. I guess I will never collect the additional $5,005 that I did not get because those people dropped out and did not do kyc so I lost 5,000 pie but I still collected my second migration and it's several thousand so I'm very happy with the amount I have and now that is so cheap I've been buying you know every time every chance I get I buy a little bit no you can buy I can buy pie in my wallet so I don't have to go to an external site to buy anymore I can buy it right in my wallet
So basically the mining rate per hour right now is.0022010 Pi per hour so in one month of mining by yourself every day you can probably you will only make a little more than 1.5 Pi for a whole month so apart one pies now would about 9 cents so you'll be getting around 13 cents of value in 24 hours that mining rate is going to go down to near to zero in the end it will never be zero but it'll go down there to be to zero because more and more people are joining the pie Network because the mining rate is going down you may have fact that the mining rate is going down it tells you that more people are mining than ever before even though the rate is only 1.55 per day it's not even worth it so I mean I received my second migration and I've been here since 2019 so I have several thousand five but can you imagine people are joining today and they're not able to get all that much by anymore they're going to have to get involved in the ecosystem to make to make money I have thousands of them several thousand I'm going to post on that because I stuck with it since 2019 until today and at the time now is the purchase the best thing you could do right now is purchase pie because it's worth next to nothing this is a fire sale
I run two legal accounts on Pi Network I have been doing it since 2019 so I have several thousand I receive my second migration on my larger account today it was wonderful it's locked up for 2 weeks when I get it I'm going to lock the whole thing up I am holding I'm not selling because I don't want pennies on the dollar I will take my chances and I will wait until about 2030 so but I'm really glad pie has worked for me I have no complaints I did kyc I did lock ups I have several lockups I manage an account for another person who is the next of kin I know that person does very well too because I do it and you know so we have a lot of Pi and I hope it results in something but I'm not settling for pennies I have been buying Pi I understand it's going to go to five cents when it goes to five cents I'm going to even buy more the Lower it goes the more I buy