Is PI Network a scam providing no value to users? Possibly yes

Yes, the Brave browser replaces ads on websites with its own ads and shares the value with its users. There are also other free-to-use apps which provide virtual currency. However, we did not come across any of them that currently provide a tradable coin for free. ETN used to do this.

We have reviewed a few other similar cryptos using a consistent set of metrics. We also evaluated Bitcoin’s state as of 2010 using the same metrics to give an idea of how we would have evaluated it. Of course hindsight is perfect but we believe that our criteria for crypto evaluation are comprehensive and have a chance of having predictive power.

I wouldn’t bother installing the app. You can always make the argument that you only lose time by giving the app a try. However, this belief would lead the believer to follow any dishonest actor who promises future value. There is no scarcity of empty promises in the world, we try to spend our time more carefully.

Finally, if you came across this because you are looking for ways to become wealthy without putting significant effort, we recommend you to look for other ways. As Buddha said, “Our mere existence is suffering” and as Karl Marx is claimed to have said “Life is struggle”. We don’t see shortcuts but consistent effort by flexible and open minds tend to pay off. Instead of such schemes, you could look into learning new skills which tend to pay off better.

Cem founded the high tech industry analyst AIMultiple in 2017. AIMultiple informs ~1M businesses (as per similarWeb) including 55% of Fortune 500 every month. Throughout his career, Cem served as a tech consultant, tech buyer and tech entrepreneur. He advised enterprises on their technology decisions at McKinsey & Company and Altman Solon for more than a decade. He led technology strategy and procurement of a telco while reporting to the CEO. He has also led commercial growth of deep tech companies that reached from 0 to 3M annual recurring revenue within 2 years. Cem regularly speaks at international technology conferences. He graduated from Bogazici University as a computer engineer and holds an MBA from Columbia Business School.

Pi Network: Is This Just a Massive Crypto Scam | Analyzed by an Accountant

Is PI Network a scam providing no value to users? Possibly yes

I wouldn’t bother installing the app. You can always make the argument that you only lose time by giving the app a try. However, this belief would lead the believer to follow any dishonest actor who promises future value. There is no scarcity of empty promises in the world, we try to spend our time more carefully.

Cem founded the high tech industry analyst AIMultiple in 2017. AIMultiple informs ~1M businesses (as per similarWeb) including 55% of Fortune 500 every month. Throughout his career, Cem served as a tech consultant, tech buyer and tech entrepreneur. He advised enterprises on their technology decisions at McKinsey & Company and Altman Solon for more than a decade. He led technology strategy and procurement of a telco while reporting to the CEO. He has also led commercial growth of deep tech companies that reached from 0 to 3M annual recurring revenue within 2 years. Cem regularly speaks at international technology conferences. He graduated from Bogazici University as a computer engineer and holds an MBA from Columbia Business School.

We have reviewed a few other similar cryptos using a consistent set of metrics. We also evaluated Bitcoin’s state as of 2010 using the same metrics to give an idea of how we would have evaluated it. Of course hindsight is perfect but we believe that our criteria for crypto evaluation are comprehensive and have a chance of having predictive power.

Yes, the Brave browser replaces ads on websites with its own ads and shares the value with its users. There are also other free-to-use apps which provide virtual currency. However, we did not come across any of them that currently provide a tradable coin for free. ETN used to do this.

Finally, if you came across this because you are looking for ways to become wealthy without putting significant effort, we recommend you to look for other ways. As Buddha said, “Our mere existence is suffering” and as Karl Marx is claimed to have said “Life is struggle”. We don’t see shortcuts but consistent effort by flexible and open minds tend to pay off. Instead of such schemes, you could look into learning new skills which tend to pay off better.

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