Part 8/10:
Pi Network faces a slew of challenges, primarily its obscure communication of strategies, intentions, and technical functionalities. Users have expressed frustration over the lack of updates and clarity regarding the KYC process and the overall blockchain governance. The supply-demand rift stands as a significant hurdle—fans of the coin face either excess supply that risks devaluation or restrictions instigating user dissatisfaction.
Concerns surrounding the legitimacy of Pi Network's KYC system are also paramount. Should institutions consider these verified accounts dubious, it would complicate Pi's integration into mainstream financial infrastructures further.