🧠 TL;DR for Attention-Deficit Degens:
- Tapping buttons ≠ mining
- KYC ≠ launch
- Discord hype ≠ utility
- If your crypto needs you to invite 3 friends — it’s not crypto, it’s Amway in a hoodie
🪙 The Pi Coin Fairy Tale
Once upon a time, you downloaded an app.
You tapped a glowing lightning button.
You “mined” crypto.
Years passed. You still tapped.
One day, they said: “KYC is coming.”
You waited.
Then they said: “Mainnet is live.”
You waited.
Then you read: “You can’t withdraw yet.”
You’re still waiting.
And somehow… the coin is now “worth” $1.08.
On which exchange? Ask the tooth fairy.
🤖 The Anatomy of a Button-Click “Coin”
Feature | Scammy Version | Real Crypto Equivalent |
---|---|---|
Mining | Button tap = hash power? | PoW/PoS protocols with real computation |
Wallet | App wallet only | On-chain, interoperable wallets |
Trading | OTC on shady websites | Listed on CEX/DEX platforms |
Community | Telegram cult with emojis | Github commits & open audits |
KYC | Takes longer than passport application | Simple or optional |
Utility | “Coming soon” since 2020 | Already in use in DeFi/NFT/etc |
⚠️ Red Flags That Are Somehow Green for FOMO Bros
🚩 “Mining without battery drain!”
🚩 “Invite friends to increase hash rate!”
🚩 “Withdrawals soon — we’re testing things”
🚩 “We’re building an ecosystem, trust the process”
🚩 “Not listed yet — for your own safety”
These are just updated versions of “Sir, give ₹5,000, you’ll get ₹50,000 in 30 days.”
💣 Why These Projects Explode (and Not in a Good Way)
- They NEVER Launch Fully:
They exist in perpetual beta — so they can delay giving you what you mined. - No Tokenomics, Just Hype-nomics:
“1 billion supply” sounds cool until you realize they’re printing more tokens than RBI on budget day. - Ad Revenue Model Masquerading as Blockchain:
You’re not a miner. You’re a daily active user metric. - They Monetize YOU, Not the Coin:
Your taps, your data, your patience — all monetized to sell dreams to the next batch.
📉 The Exit Strategy? There Isn’t One.
Most Pi-type projects either:
- Quietly fade away (after 3 years of saying “testnet soon”)
- Do a low-volume OTC launch and cash out early investors
- Or worse — pivot to “a social crypto layer for real-world trust”—aka corporate-speak for “Oops.”
🧾 Real-Life Warnings from Regretful Tappers
“I tapped that button for 3 years. I could’ve learned Excel.”
“Still waiting for KYC approval while Binance listed 19 other coins.”
“They promised an economy. I got memes.”
“At least in MLM they give you a mixer grinder.”
✅ How To Avoid The Trap
🔍 If there’s no working chain, walk away
🪞 If they require you to invite friends — run faster
📉 If their price chart is missing… you’re already late to the scam
🎯 Always ask: Can I buy, sell, withdraw this today?
🧠 EduInvesting Final Warning:
“If you’re mining crypto with a button and a dream, what you’re really mining is your own time and attention.”
Don’t confuse simplicity with scam resistance.
And remember:
💰 Free money is never free
🧴 Fevicol sticks better than these projects