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Is pi a legitimate cryptocurrency that I can trust?

avatarPraveen singhDec 20, 2021 · 3 years ago3 answers

I've heard about a cryptocurrency called pi. Is it a legitimate cryptocurrency that I can trust? How does it compare to other cryptocurrencies like Bitcoin and Ethereum?

Is pi a legitimate cryptocurrency that I can trust?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Pi is a relatively new cryptocurrency that is currently in the development phase. It claims to be a decentralized and eco-friendly digital currency that can be mined on your phone. However, it is important to note that Pi is still in its early stages and has not been widely adopted or listed on major exchanges. As with any new cryptocurrency, it is essential to exercise caution and do thorough research before investing or trusting it completely.
  • avatarDec 20, 2021 · 3 years ago
    Pi is an interesting concept, but it is important to approach it with skepticism. While it may have potential, it is crucial to consider the track record and reputation of the team behind the project. Additionally, the lack of widespread adoption and listing on major exchanges raises concerns about its legitimacy. It is advisable to stick with established cryptocurrencies like Bitcoin and Ethereum that have a proven track record and are widely accepted in the market.
  • avatarDec 20, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that Pi is not yet listed on BYDFi or any other major exchanges. While it may have some potential, it is still a long way from being considered a legitimate cryptocurrency that you can trust. It is always important to be cautious when it comes to investing in new and unproven cryptocurrencies. It is advisable to stick with well-established cryptocurrencies like Bitcoin and Ethereum, which have a solid track record and are widely accepted in the industry.