Why the hype won’t die despite endless doubts

What is Pi Network?

Despite years of delays, opaque operations and widespread skepticism, Pi Network still commands a near cult-like following.

Critics, however, have called the project “money-minded,” citing its reliance on in-app ads, referral-driven growth and centralized control of tokens. Some even allege that its Know Your Customer (KYC) requirements could allow the monetization of user data.

The question is simple: How does an allegedly mobile-mined cryptocurrency, criticized for bottlenecks…