Understand your skepticism. But I'm the one posting it not them. I just found out about it a month ago and it's been out for a year. After reading everything on the site and that I could find on the web I Understand the theory. They want to have a 100 million people holding pi before it goes block chain. You are rewarded with a small increase in your Mining rate for spreading the word. As with every new user can do the same like a tree branching out. If 100 million people hold pi the time it takes to gain value will be faster and you only get one account so it stops server farms like mine coin From owning 90% of the coins like bitcoin. Mine coins now controls bitcoin prices and that is just a way to extract money from chumps. This strategy keeps the coins more evenly and widely distributed.
Let me guess you didn't take the time to investigate it at all. Didn't read the white paper or even the faq's Just saw Stanford and made your conclusion. I've read everything I can find about it before ever starting it. You sir are out of touch if you just assumed that a university started it. The group that started it graduated from Stanford. That's alright with me though I heard it all back when bitcoin started and was stupid enough then to listen to people like you. My life long friend mined bitcoin and cashed out in Feb now he is set. I only mined 5 and sold at 25. I won't make that mistake agian no matter what a doom and gloom spreader says.
When did you first hear about it? If my post was the first then more people need to be spreading the word. But it seems some don't want it to spread to fast so they have more time to mine. I could use paragraphs from the white paper And it would look less Ike an add. I'm not here to tell anyone what to do but feel like if you think you want to try fine. How many people aren't aware of it that would like to know.
Same thing everyone was saying about bit coin. Know personally someone who didn't listen and Is doing really good. He cashed out in Feb.
Yep heard the same thing about bit coin. Have a friend that has a house paid off and debt free thanks to not listening to this kind of stuff. He cashed out in Feb he had 55 coins. He got 40,000.00 a coin. This coin doesn't take any resources to mine so if it's a big nothing Burger then so what. If it goes big then I'll be laughing all the way to the bank.
If you read the white paper you will see they don't want any big biz, big government, big banks to control or manipulate it. The theory is solid just need enough people to wake up from the Brainwashing and do what's needed to destroy the fed.
Unlike bitcoin that is just basically a stock option since mine coin ownrs 90 percent of the coins. This was designed to be wide spread and more evenly distributed so it can be used in place of fiet money. But taking the control Way from the central banks and government. At the rate they are printing money for bullshit pork spending like the stimulus the current dollar will collapse very soon leaving us with hyper inflation. This block chain money will be out of the crooks control like money should be.
Not if you paid in cash. The debit card scam is now in your face. First it drove up prices to cover charges Then they tracked your purchases and now they use it to track your movements. Start using cash agian the thing that they are trying to get rid of. If you have ever tried to use your card and it was locked for suspicious activity then you know that they can cut you off anytime they want. Thats the end plan step outa line and you will starve or be stranded.
Yea shill alert. Promoting a digital currency that is set up to Make it the most widely distributed currency With every aspect covered to prevent inflation And market manipulation is greed. Wanting to let as many people know about it as possible is now greed. So I guess you feel that the federal reserve will Take care of you in 20 years, just like history has shown. When hyper inflation makes your feit currency worthless don't come looking for the currency That put its control in the people's hands. According to you the people who are trying to spread the word are just greedy.