The Million People in 2019 Said PI Network is Scam & Pyramid Scheme Right? Let's Checked it
Since its inception, Pi Network has been constantly attacked by a segment of crypto OGs and Bitcoin elites, even being labeled as a "pyramid scheme" or a "scam." But do they really care about Pi Network's model, or are they just afraid it threatens their dominance? The truth is, behind these accusations lies a much deeper fear. Pi Network isn’t a scam it’s a disruption to the status quo that has benefited the elite few.
1. PI NETWORK DISRUPTS THE "WEALTH DISTRIBUTION" MODEL THAT CRYPTO OGs RELY ON
The core principle of crypto OGs: Buy low in the early stages, pump the price, and dump on retail investors.
🔸Bitcoin, Ethereum, Solana, and other traditional cryptos were hoarded at dirt-cheap prices by tech insiders and wealthy investors early on, who later made billions by manipulating the market.
🔸Most OGs profit from retail investors who are forced to buy at extremely high prices.
🔸They get their coins for "almost free" at the start, but ultimately sell them to everyday investors—making them the real bag holders. Pi Network flips this system entirely. Coins aren’t manipulated by capitalists but fairly distributed to everyday users.
🔸Pi Network allows tens of millions of regular people to mine coins for free on their phones, rather than letting wealthy insiders hoard them early.
🔸This means OGs can’t accumulate Pi at near-zero cost and later dump it on retail investors like they did with BTC and ETH.
🔸Pi Network takes away their "cheap accumulation advantage" and empowers everyday people instead—something the OGs absolutely hate.
By disrupting their "get rich first" scheme, Pi Network has made itself a prime target for attacks.
2. THEY FEAR PI NETWORK PROVING "FREE MINING" WORKS BETTER THAN ICOs & VC FUNDING
The traditional OG profit model: ICO/IEO (capital raise + price manipulation).
🔸Bitcoin didn’t have an ICO, but early adopters used mining power and wealth to dominate supply.
🔸Ethereum, Solana, and other projects handed massive portions of tokens to venture capitalists through ICOs, then hyped them up for retail investors.
🔸The reality? Big money profits first. The public pays later. Pi Network, on the other hand, doesn’t need an ICO or VC funding—it lets people worldwide mine for free, creating a truly community-driven cryptocurrency.
🔸Pi Network proves that "free mining + community consensus" can build a successful global cryptocurrency—without the capitalist games.
🔸If Pi Network succeeds, future projects may adopt user-driven distribution instead of ICOs and venture capital dominance.
This is a direct threat to the entire capital-driven crypto model, stripping OGs of their market control.
Pi Network could become the symbol of "decentralized wealth distribution" in crypto—an absolute nightmare for OGs who thrive on market manipulation.
3. THEY DON’T WANT PI NETWORK TO CHALLENGE BITCOIN’S "DIGITAL GOLD" STATUS
Bitcoin OGs' core interest: Maintain BTC as the only "digital gold."
🔸They want all money and community trust to flow into BTC, ensuring its dominance.
🔸Any project that threatens Bitcoin’s supremacy gets attacked and discredited.
🔸They use influencers, media, and community narratives to push the idea that "Bitcoin is king" while suppressing potential competitors. Pi Network, however, has a completely different vision and real-world applications.
🔸BTC is mostly seen as a "store of value" for the rich, while Pi Network focuses on real-world transactions and everyday economic use.
🔸Pi Network = "Practical everyday money." BTC = "Store of wealth for the elite."
🔸If Pi Network successfully builds a global payment ecosystem, Bitcoin’s dominance as the only valuable crypto could be challenged.
Bitcoin OGs fear Pi Network could become "the first truly mass-adopted crypto for daily use," taking momentum away from BTC’s growth.
4. THEY CAN’T MANIPULATE PI NETWORK THEY CAN’T EVEN BUY IT
Crypto OGs are used to getting in early at dirt-cheap prices, but Pi Network makes that impossible.
🔸In traditional projects, OGs secure massive token allocations at near-zero prices via early funding or OTC deals.
🔸But Pi Network doesn’t operate on capitalist funding—no matter how rich you are, you can’t buy Pi cheap.
🔸This terrifies them—they are used to controlling the market, but Pi Network removes that advantage.Even though they attack Pi Network publicly, many OGs are secretly joining Pi behind the scenes.
🔸They call Pi Network a scam, but some are secretly creating accounts and even buying Pi on underground markets.
🔸They fear Pi Network’s success but don’t want to miss out on potential riches.
🔸This is classic double standards: Publicly hating, privately accumulating.
They say Pi Network is worthless only because they can’t control it. Deep down, they want Pi more than anyone.
5.PI NETWORK TERRIFIES CRYPTO OGs & BITCOIN ELITES!
🔸Pi Network destroys the OG advantage of accumulating cheap coins and empowers everyday people.
🔸Pi Network proves that "free mining + community consensus" is a better system than ICOs & venture capital.
🔸Pi Network could become the first truly global circulating cryptocurrency, challenging BTC’s dominance.
🔸Pi Network isn’t controlled by wealthy insiders—OGs can’t manipulate the market or buy cheap Pi.
They attack Pi, but secretly invest—afraid of missing out on what could be the next big thing.
The louder they scream, the more they fear. Pi Network is shaking the foundation of crypto. Source
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