Conversation with senior friends: People laugh at me for being too "crazy", I laugh at others for not seeing through

Dig PI coins for 2,000 days and nights, telling the other side of Pi that you and I don’t know.

Author: Golem, Odaily Planet Daily

 The farthest distance in the world is that I am standing in front of you, you have to convince me that it is a scam

On February 12, OKX, the world's leading exchange, announced the opening of PI (distribution) coin recharge, and will simultaneously open PI/USDT spot trading when Pi Network is launched on February 20. This news triggered a series of butterfly effects. Not only many exchanges later announced their support for PI, but Pi, which has been born for 6 years and has been repeatedly named "pyramid schemes" by regulators during their development, and is often ridiculed by Crypto Native groups, has once again stood up. At the forefront of public opinion, even Binance, the "No. 1 largest institute in the universe" was infected. Yesterday, the 10-day vote was launched, "Do you want PI to go online to Binance?"

Old players familiar with Web3 are surprised that Pi coins that have been criticized for being single-machine mining and without any on-chain verification really have a main network. I sigh that many exchanges such as OKX actually support such high-risk projects for user growth; Pi's masses think that the arrogant crypto industry insiders have never dug up Pi and don't understand Pi at all. They only forward relevant memes and are full of bias towards Pi - "If you don't believe me, I don't have time to convince you."

So, what exactly is the real Pi like? It is difficult for us to know that we are not truly integrated into the Pi community. The last tweet from the founder of Pi Network on X platform was September 21, 2021. The only channel to understand Pi's official activities is the official blog and the official X account. The core of its team and members are hidden in the fog. There are also rumors that after years of operation, they have experienced a major blood change.

The current off-market price of PI currency is floating between 2-5 USDT, and the "Manual Order" form appears from time to time in WeChat groups.

According to the official blog, PiNetwork will officially launch the main network on February 20, allowing Pi to interact with other networks and applications. However, PI coins previously mined through mobile devices must be transferred through KYC and successfully migrated to the main network before they can be transferred or traded independently.

As the moment when the "authenticity verification" is approaching online, in order to let readers understand the overall picture of Pi, Odaily Planet Daily interviewed two "senior Pi friends" to understand how they joined and viewed Pi, their price expectations and connections for PI The operation plan below... peeks into a corner of Pi's story from the perspective of witnesses.

A Yao: The elderly are relatively persistent and less impetuous

A Yao has been mining PI coins for a total of 1,694 days (in the past 5 years). He has promoted Pi to hundreds of people on the Internet. Later, he gave up because he was unable to cash out and found new opportunities. Now he continues to acquire PI coins off the market. .

Odaily: What channels did you get to Pi at first?

A Yao: I came into contact with Pi while playing "Disk". At that time, I learned about this project through the promotion information in the WeChat group. I saw that the founder had a background in Stanford University and registered for free to participate, so I decided to try it. .

Odaily: Is the actual mining process and threshold high in Pi?

A Yao: The threshold for Pi is relatively low. At the beginning, there is no need for "science". You can easily participate in mining by clicking and signing in every day, but the coins you mine cannot be withdrawn or traded. However, it can be transferred by completing KYC and migrating to the main network from the closed main network stage (December 28, 2021). However, due to domestic policy reasons, KYC has always been difficult.

Odaily: You need to sign in every 24H to mine PI coins. What makes you persist in mining PI coins for 5 years?

A Yao: First of all, I was quite optimistic about the blockchain and digital currency industry at that time, and believed that there was an opportunity to get rich at low cost. Secondly, Pi's founder background was well promoted at the time, and Stanford was the 2019 cryptocurrency project. The background of a university is very valuable; thirdly, mining PI coins is free, and there is no need to invest capital costs, and it is very simple to just click a little bit every day; finally, because Pi has a promotion mechanism, the more people invited, the mining speed will be The faster it is, so many people are gathering together, and everyone in the community "brainwashing" each other has formed a deep consensus, which makes many people willing to invest for a long time.

Odaily: Is Pi 's promotion a pyramid scheme?

A Yao: Pi's promotion model does not have a strict superior and subordinate structure like "plate". The motivation for promotion is more to spontaneously want to increase mining speed. Many people promote it in the name of famous universities and well-known professors, and Mining bonus with only Level 1 recommendation relationship. At the beginning, some communities translated English tutorials into Chinese for communication and promotion, but as everyone was slow to see no profit, many groups gradually disbanded or were banned.

Odaily: So do you have offline events or parties?

A Yao: I personally prefer online promotion, so I have never attended offline gatherings. However, Pi still has offline activities. Previously, a promotion team liked to organize meetings between old men and old women, maybe because it was difficult to teach online.

Odaily: Is it a high proportion of young people or the elderly in your promotion process?

A Yao: Actually, there were more young people at the beginning, because they were all in English documents at the beginning, but young people are often impetuous and cannot see benefits in the short term. They are prone to lose patience and give up. Later, the Chinese information was improved and some "disk" organizations came in to promote the Pi, and the proportion of the elderly became higher, while the elderly were relatively persistent and less impetuous. Even if some of the "trading" behind them were withdrawn, the elderly friends did not waver their confidence and spontaneously promoted it to them.

Odaily: How do you view the overwhelming negative reports on Pi?

A Yao: It depends on everyone's perception. Even though Bitcoin has been strongly banned in China before, there are still people playing. The Pi itself is free to participate, and it was unable to be circulated before, so the actual risk is not great. However, it is impossible to avoid evil. Fraud exists in any industry and project, but it is all an isolated case. When we promoted it, we focused on free mining rather than asking participants to purchase virtual coins.

Moreover, old men and women usually promote through relatives and friends channels, because they are familiar with each other and have a low probability of cheating each other.

Odaily: How do you feel after Pi is recognized by mainstream exchanges? What to do next?

A Yao: I am very excited and I have also seen many friends "carnival" on their circle of friends. Although I haven't participated in it in depth for a year, I'm excited to see Pi Coin gain mainstream recognition, especially when I go to the OKX Exchange.

Now the proportion of users who mine Pi through KYC is small, and even fewer people have moved their coins to the main network. The people I know have not completed this step yet. So in fact, most people don’t have coins in their hands, so I plan to buy the bottom position first.

Odaily: What do you think will be expected after the PI currency is launched?

A Yao: The price on OKX is at least 9 USDT or above, which is considered the first step to success. If not, I basically decided that this project failed.

Odaily: Do you think Pi will become second only to Bitcoin in the future?

A Yao: Pi has a grand vision, aiming to build a global payment system where users can directly use Pi coins to conduct transactions around the world without converting them into other fiat currencies. But there is a lot of controversy about Pi online now. Although the performance of Pi is indeed not as good as Solana, if Pi is successful, its price will definitely subvert everyone's perception. I think the probability of its success is more than 70%.

Deyou: Pi is essentially a zero-game project, and its user base has

surpassed many chains

Deyou has been involved in Pi network mining and promotion since 2019. He has been mining for nearly 2,000 consecutive days and has promoted it to more than a thousand people.

Odaily: Can you introduce Pi in one sentence?

Deyou: Pi is a revolution, or an innovation in Web3, which was initiated by a senior blockchain professor at Stanford in the United States.

Odaily: When did you come into contact with Pi?

Deyou: I came into contact with Pi in August 2019 and have been digging for nearly 2,000 days in a row. But I have been involved in the currency circle since 2015. I learned about Pi through WeChat group chat and Moments. After in-depth research, I thought it was a good project, and I have promoted more than 1,000 people.

Odaily: What is the reason why you insist on digging Pi and promoting it?

Deyou: The reason why I promote it is to accelerate mining output on the one hand, and on the other hand, it is called "Pi", which gives me the feeling that it is a good project, otherwise it would not be called Pi. In addition, the project party has been insisting on it for so many years, but my subordinates and I have not invested a penny, but are just doing part-time promotion. Why not persist?

Odaily: Do you have offline events or parties?

Deyou: I started to promote offline in 2020. The reason why I don’t promote it on the Internet is that I think the information is interoperable. Everyone who should register online has registered, so I will start with the people around me.

But my team basically has no offline gatherings, and I have never participated in large-scale offline activities, because the promotion is basically people and friends around me. However, there were many activities in Sichuan and Kunming before, but now the main website is going to be online and there are fewer meetings and activities.

Odaily: How does your promotion team work?

Deyou: My team mainly relies on me for promotion. When I was in other industries, I had 10,700 direct subordinates, but these were not all converted to Pi. The users who dig Pi were all from my friends. It is recommended, so it is not very organized.

I have team leaders who are close to 2,000 Pi, but in fact, team leaders are not a strict position setting. People who have the ability to promote and want to mine more Pi coins can become team leaders. They don’t have to invest anything except time, and they don’t have to do anything else. People give him extra money to inspire.

Odaily: How do you view the overwhelming negative reports on Pi?

Deyou: I don’t think the report is necessarily accurate. Bitcoin was also considered a Ponzi scheme at the time, but today it is legal in many countries. Pi is essentially a zero-feeding project. The project party never requires compulsory fees, but some people induce fraud during the promotion process, which is absolutely illegal.

But there are almost no people around me who have been cheated because they are all under my control and will not contact people from the outside world.

Odaily: How do you feel after Pi is recognized by mainstream exchanges?

Deyou: I belong to Buddhist mining. Even if it is not valuable, it will pay for my original affection. If it is valuable, it will be just a small wave of wealth for me. But I think it is worth being happy to go online on the main website, and the five or six years of hard work have finally paid off. I will not mention the mined coins to the exchange, I will follow the project party's footsteps.

Odaily: Are there many people around you who have moved to the main network?

Deyou: Most of my team have passed KYC, but no more than 20% of them have been moved to the main network, and most of them have been locked for 1 or 3 years.

Odaily: Are there more people looking for you to learn how to dig Pi now? What age group are the new users?

Deyou: First of all, there must be more people, but the popularity this time brings more new players, and I don’t know what’s going on online.

Odaily: Are you organizing OTC? What are the expected prices for PI coins to be launched on the exchange?

Deyou: If you have any demand, I can help contact over-the-counter trading, mainly through WeChat, the average transaction price may be around 50 yuan per coin.

The exchange is originally a place of speculation, and its price does not need to be cared about. According to the "official will", the price of PI will not be lower than US$314,159, because the official will eventually support barter. If the price is too low, Can't support the ecology.

Odaily: What are your expectations for the future of Pi project?

Deyou: I think at least we need to support barter trading. Pi has its own mall, which is full of spontaneous merchants. And I am also one of 28,000 merchants, and in the future I will sell my winery’s winery on it.

Odaily: Do you think Pi will become second only to Bitcoin?

Deyou: Bitcoin is always the big brother. I have bought Bitcoin before, and I don’t know much about it as a whole. But Pi has its own unique potential and purpose as a younger brother. Although it cannot replace Bitcoin, its future prospects are good. Pi's user base has surpassed many chains in the blockchain.