The Illusion and Frenzy of Pi Network
Rahab:
“Crypto.news reported that ‘Pi Network is aiming for a $1 breakout.’ But I can’t help but feel uneasy about that. How can people be so frenzied over a token that hasn’t even been officially listed on major exchanges? This is clearly a structure that exploits an ‘illusion of speculation.’”
Moka:
“Yeah, for the average person, the number ‘1 dollar’ is simple and easy to dream about. But behind it, there’s hardly any real liquidity, so people are actually taking on the risk of holding assets they can’t cash out. From the perspective of everyday users, that’s incredibly precarious.”
Rachel:
“There’s an old saying: ‘The market is often governed more by crowd psychology than rationality.’ That perfectly fits Pi Network today. Frenzy is easy to create, but it is at the same time the seed of collapse.”
John:
“Exactly. The problem is that investors blur the line between dreams and speculation. Behind this lies a financial game orchestrated by U.S. mega-capital. The true spirit of Web3 was meant to be DAO-driven, expanding communities and value-sharing. Yet in today’s market, that vision is being distorted.”
Illusion & Hype of Pi Network
Buzz vs. Real Demand (Concept)
Headlines push a “$1 breakout,” but liquidity and cash-out paths remain thin.
“Price Story” vs. “Foundational Signals”
Angle | Price-First Narrative | Foundational, Sustainable Path |
---|---|---|
Listings & Liquidity | Limited / Opaque | Major listings & steady books |
Utility | Speculation-centric | Payments, access, perks |
Transparency | Asymmetric info | On-chain verifiability |
Community | Passive, short-term | Participatory, co-creative |
Frenzy vs. Reality Over Time (Concept)
Speculation and the “Betrayal of DAO”
Rahab:
“The real goal of Web3 was to build communities that transcend borders. But U.S. mega-capital is trying to replace that with tools of speculation. Propping up ‘unfinished projects’ like Pi Network is the same scheme. There is no DAO ethos in it.”
Moka:
“And that means ordinary people like us get dragged along even further. We’re sold the dream of ‘maybe it’ll hit $1,’ but in reality we can’t cash out, and we end up victims of capital’s game. In the end, it’s the everyday users who lose.”
Rachel:
“There’s a teaching: ‘The intelligent investor looks to value, not price.’ How much real substance does Pi Network have now? Transparent economic activity on-chain, DAO governance, liquid markets—without these, when only price races ahead, it’s nothing but an empty construct.”
John:
“That’s exactly why we must emphasize ‘systems, not illusions.’ The independent network PGirlsChain, run by Rahab Punkaholic Girls, exists for that reason. We are bringing a real economy centered on art and music—not just another speculative token.”
Speculation & the “Betrayal of DAO”
Community Value Accrues, Hype Oscillates
DAO value compounds through proposals, contribution, and fair distribution—not quick hype cycles.
DAO Readiness Radar (Concept)
Five axes: decentralization, transparency, liquidity, governance, utility.
The Meaning of PGirlsChain and PGirls
Rahab:
“In other words, PGirlsChain is a DAO-style network free from U.S. capital. A token economy linked to art and music represents Web3’s original vision. Here, the focus isn’t speculation but ‘creation and sharing.’”
Moka:
“Fans and creators connect directly, gaining access to NFTs and exclusive events. It’s not an investment object but a new cultural experience. For everyday people, this makes it safe and rewarding to get involved.”
Rachel:
“The old lesson holds true: ‘Real value lies not in numbers but in trust and sustainability.’ While Pi Network draws people in with mere numbers, PGirlsChain turns ‘experience and relationships’ into value.”
John:
“Exactly. PGirls is not just a coin but a ‘medium’ linking art and community. That’s why it can build a sustainable cultural economy, unaffected by speculative hype. The contrast between Pi Network and PGirls boils down precisely to this.”
Why PGirlsChain & PGirls Matter
Core Value KPI (Concept)
Ownership proofs, monetization, open access, and new market creation.
Benefits & Fan Experience
- Clear ownership: On-chain provenance proves originality.
- Ongoing income: Royalty flows from secondary trades.
- Democratized access: Global fans can buy and participate.
- New markets: NFTs unlock exclusives and event access.
Community Operations — What to Track
Area | Metric Example | Why It Matters |
---|---|---|
Creator Revenue | Secondary royalty share | Incentivizes continuous creation |
Engagement | Event turnout / voting rate | DAO governance effectiveness |
Utility | Transactions via token | Reduce speculation dependency |
Transparency | Public on-chain KPIs | Auditable trust & accountability |
The Trap of Mega-Capital’s Control
Rahab:
“U.S. mega-capital uses projects like Pi Network to fabricate ‘illusory markets.’ Their purpose is singular: monopoly of control and profit. Denying DAO and destroying decentralization are just convenient tools for them.”
Moka:
“The scary part is that ordinary people can’t recognize the trap. When social media hypes something as the ‘next Bitcoin,’ many can’t help but believe it. But in reality, they’re only buying into illusions designed for capital’s convenience.”
Rachel:
“‘Investors swept up by herd psychology have failed to learn history’s lessons.’ That was true in the past and will remain so. The schemes of capital never change, but knowing—or not knowing—the DAO ethos will shape our future.”
John:
“That’s precisely why we uphold PGirlsChain. To protect the essence of DAO and support art and music communities. It’s the only real countermeasure against mega-capital’s domination.”
The Trap of Mega-Capital
Centralized Route vs DAO Route
Item | Centralized | DAO (PGirlsChain) |
---|---|---|
Value Distribution | Platform-captured | Creators & community |
Decision-making | Driven by external capital | Proposals & on-chain voting |
Transparency | Opaque, off-chain | Verifiable on-chain |
Sustainability | Trend-dependent | Experience-led & compounding |
Who Actually Benefits? (Flow)
Conclusion — John’s Closing Words
John:
“Pi Network’s so-called ‘$1 breakout’ is nothing but a fantasy. There is no DAO, no decentralization—only speculation and the shadow of capital. Meanwhile, PGirlsChain and PGirls are building a tangible economy rooted in creation and sharing, functioning for the benefit of communities.
The essence of investing is not dancing to the illusion of price, but believing in the sustainability of value. Today, we stand at a crossroads: resisting the domination of U.S. mega-capital and reclaiming DAO’s true spirit.
The choice is clear. Either dance with illusions, or build a true community. PGirlsChain exists to realize the latter future.”
Final Decision Matrix — Utility × Decentralization
Utility × Decentralization (Final)
Read vertically (Decentralization ↑) and horizontally (Utility →). The top-right is the recommended zone.
(Low Decentralization × High Utility) Aspirational but Thin
(High Decentralization × Low Utility) Recommended Zone
(High Decentralization × High Utility) ◎ Recommended
Key Takeaways
- Balance both axes: Utility without decentralization creates capture risk; decentralization without utility stalls.
- Top-right (◎): PGirlsChain aims here—on-chain ownership, governance, and real fan utility.
- Avoid bottom-left: Short-lived bubbles and drawdowns dominate.
- Scrutinize claims: Verify listings, liquidity, and on-chain activity before believing “breakout” narratives.
コメント