Delusional Pi Network fans claim that countries have already adopted Pi coin - The Danger of Hopium.
LUKENAU (CoinChapter.com) - With its much-anticipated mainnet launch still hanging in the balance, Pi Network continues to use over-the-top marketing tactics. With multiple missed deadlines since 2021, the project's multiple delays and vague promises have only added to the confusion surrounding its legitimacy.
Recently, the Pi team extended the KYC verification deadline to December 2024, further fueling doubts about whether the long-awaited launch will happen. Despite the project’s ambitious vision, its execution has been plagued by inconsistencies, leaving users waiting for a token that is not yet tradable.
At the same time, Pi Network’s social media ecosystem became a breeding ground for frenetic propaganda, often exaggerating the value and potential of Pi Coin.
Rather than addressing the concerns of a growing number of skeptical voices, Pi-related accounts have referred to Pi as the “King of Cryptocurrencies” or hinted at partnerships with the nation at large.
Hopium delusion continues to take its toll on Pi Network enthusiasts
A Pi Network fan social media account called "Pi Moderators" contributed to the list of meaningless propaganda tweets, which claimed that various countries have adopted Pi coins as "official and legal tender for international transactions," which is demonstrably false.
Pi Moderator makes some meaningless claims with no substantive evidence.
This is not surprising, a few months ago, there was a Hopium-filled fantasy claiming that Musk was considering adopting Pi coin. Snoop Dogg might pass on the news and roll a cigarette to get the extra stimulation from his usual grass.
Currently, Pi Network has not even released its mainnet, which means that no country has an official Pi coin to adopt, let alone integrate it into its financial system.
This unfounded statement is an irresponsible attempt to discredit Pi’s legitimacy, capitalizing on the blind optimism of its followers without any substance to back it up.
The same account previously posted another tweet claiming that Pi was worth a staggering $314,519. This statement was intended to satisfy the fantasies of many Pi Network users who wanted the price of Pi to be similar to the value of its namesake mathematical constant.
Pi Network users dream of such strange price tags.
This number is completely fictitious, considering that the Pi Network token has not yet been listed on any exchange. These posts highlight a disturbing trend within the Pi Network community, where exaggerated hype and misinformation dominate substantive development.
The project core team has remained silent on important updates and continues to evade these obvious lies and misleading posts. For their marketing goals, the silence of the Pi core team may damage trust in the project.
This ongoing misinformation campaign reveals a dangerous negligence on the part of the Pi Network team, putting its community at risk. Without proper management, the hype around Pi could lead to serious financial losses for many.
With posts like this, it’s no wonder that Pi Network founder Nikolas Kokkalis doesn’t appear on social media.