Honestly, the #Pi is the longest cryptocurrency project I have ever seen. Years of mining on a mobile phone for pennies, endless KYC queues, frozen balances, forced lockups, and still no real open mainnet. The tokenomics is a mystery, the supply seems infinite, the nodes are centralized, and the governance boils down to trusting the core team. The app displays ads, the referral system seems like a pyramid scheme, migrations get stuck for months, data and privacy concerns are never addressed, and communication is limited to vague posts.