Pi Network - Legit or Scam - Who Is Behind Pi Network? 2021 Updated Video

Поделиться
HTML-код
  • Опубликовано: 30 июл 2024
  • Is Pi Network Legit or a Scam? Updated Review Containing All The Answers And Showing You Who Is Behind Pi Network!
    🔴 How to Sign Up for Pi Network:
    If you haven't signed up for Pi Network yet and nobody told you about Pi Network before watching this video, go ahead and join Pi Network at 👉bit.ly/GetFreePiCoins and use the invitation code "RauchenwaldC" (without the quotes)
    🔴 Links mentioned in this video:
    Pi Network F.A.Q. 👉 minepi.com/faq
    Pi Network White-Paper 👉 minepi.com/white-paper
    Affiliate Bootcamp 👉 bit.ly/39XTXWD
    Join our Discord Community 👉 bit.ly/JoinTheGroupChat
    If you don't want to watch this entire "Pi Network - Legit or Scam - Who Is Behind Pi Network? 2021 Updated Video" video, you can use the timecodes below to jump to specific questions and answers:
    00:00:00 Pi Network Review - Legit or Scam 2021 Update
    01:02 Pi Network: What is Pi Network?
    01:25 Pi Network: Is Pi Network a real cryptocurrency?
    01:50 Pi Network: Are Pi coins really mined on my phone?
    02:39 Pi Network: How is it possible that I receive coins when I'm offline or quit the Pi Network app?
    03:08 Pi Network: Why do I have to press a button once per day to receive Pi coins?
    04:45 Pi Network: Is Pi Network a pyramid or multi-level marketing scheme?
    06:25 Pi Network: Why does Pi Network require a KYC verification?
    07:24 Pi Network: What does KYC stand for?
    07:36 Pi Network: What happens if I have multiple Pi Network accounts?
    08:24 Pi Network: Is YOTI and the KYC process safe or is my data at risk?
    08:51 Pi Network: Is YOTI legit and safe?
    09:20 Pi Network: Does YOTI have any kind of certifications that prove that I can trust YOTI with my personal data?
    09:54 Pi Network: Does YOTI store the details of my passport/id?
    10:43 Pi Network: What data is passed from YOTI to Pi Network when you complete the KYC process?
    10:33 Pi Network: Does the KYC process with YOTI cost anything?
    12:56 Pi Network: Who has the burden of proof when it comes to claims that Pi Network is a scam?
    14:19 Pi Network: Is Pi Network a scam to generate ad revenue for the Pi core team?
    16:34 Pi Network: Who's behind Pi Network?
    21:24 Pi Network: Does Pi Network run a test-net and nodes already?
    23:46 Pi Network: Are the Pi Network videos on this RUclips channel sponsored by a third-party
    26:44 Pi Network: How can I withdraw or transfer my Pi coins?
    27:16 Pi Network: How much is 1 Pi coin worth?
    27:41 Pi Network: Is the value I found on the internet for Pi coin real?
    28:16 Pi Network: Is Pi free money?
    28:31 Pi Network: What will the value of Pi coins depend on?
    29:00 Pi Network: How much will Pi be worth once it reaches phase three?
    30:44 Pi Network: Is there a guarantee that Pi coins will be worth something in the future?
    31:42 Pi Network: What are Pi Network nodes and should I run a node?
    32:32 Pi Network: What is a node in Pi Network?
    32:51 Pi Network: How can I forward my ports to run the Pi node?
    33:03 Pi Network: How can I set up Docker to run a Pi Network node?
    33:15 Pi Network: What are security circles?
    33:33 Pi Network: Does it matter who I add to my Pi Network security circle?
    34:01 Pi Network: How can I get more people for my Pi Network security circle?
    34:21 Pi Network: How to add existing Pi Network users to my security circle?
    35:14 Pi Network: How can I verify my phone number in Pi Network?
    36:28 Pi Network: Why do I have to verify my phone number in Pi Network?
    36:41 Pi Network: Do I have to verify my phone number and my Facebook account?
    37:02 Pi Network: Do I have to verify anything if I signed up with Facebook?
    37:27 Pi Network: How long does it take until I get asked to complete the KYC verification?
    37:59 Pi Network: What happens if I missed my KYC invitation?
    38:09 Pi Network: What can I do if YOTI doesn't accept my ID?
    38:29 Pi Network: How can I change the invitation/team I signed up with?
    39:14 Pi Network: Does it matter which referral code I use to join Pi Network?
    39:56 Pi Network: How can I get more people to join my Pi Network team?
    42:00 Pi Network: What is the Brainstorm App within Pi Network?
    42:43 Pi Network: Isn't it unfair that you already have thousands of referrals?
    Pi Network was founded in 2019 by multiple Stanford professors with the aim to create a coin that can equally be mined by everyone and does not provide an unfair advantage to people with more money or better hardware.
    Pi coin the official cryptocurrency of the Pi network can only be mined until the Network reaches the third phase, you still have the chance to become a pioneer and be among the first to mine Pi.
    // DISCLAIMER
    This description contains affiliate links. If you decide to purchase a product through one of them, I will receive a small commission.
    Christian Rauchenwald Limited is an independent ClickFunnels™ Affiliate, not an employee. we receive referral payments from ClickFunnels™. The opinions expressed here are our own and are not official statements of ClickFunnels™ or its parent company, Etison LLC.

Комментарии • 788

  • @utopian1402
    @utopian1402 3 года назад +103

    The Pi network chat is spammed with stupid speculations of pi value and when can they be sold... I am just astounded.... ppl want a fast fix for everything nowadays.... cryptocurrency is for the long term to see the value.... if u r in it for a short term, looking for a peanut transaction, pls don't invest in crypto

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +17

      I agree 100%... it's frustrating to see that if they'd just bothered to look at the Pi F.A.Q. they'd already know that but so many people are too lazy to do even that.

    • @utopian1402
      @utopian1402 3 года назад +4

      @@ChristianRauchenwald how do I add you to my security circle? :)

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +3

      @@utopian1402 if you are not part of my team then you'd need my phone number. I'm obviously not going to share it here but if you jump on our Discord 👉 bit.ly/JoinOurDiscordCommunity and send me a PM there I can share it with you.

    • @utopian1402
      @utopian1402 3 года назад +2

      @@ChristianRauchenwald done that... sent u a dm

    • @ilyanbubere4941
      @ilyanbubere4941 3 года назад +16

      Well to be honest, there isn't much to invest in it. Like, only a few megabytes of storage and tapping a single button in 24 hours which takes hardly 10 seconds. So there isn't much to lose here. As for me, I'm in it for long term, even if it takes 20-30 years, I'll still mine it. So, yeah.

  • @marklaum5492
    @marklaum5492 3 года назад +7

    I just joined Pi Network and i used your referral code as suggested in the description box. Thanks for all the details. I hope you are doing well. ✨

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Awesome thank you, yes my wife and I are doing fine. Grateful every day for how lucky we are to life during a time where you can do so much from home.

  • @Rio_sk
    @Rio_sk 3 года назад +7

    A legend. Thank you for taking your free time and educating us and clearing up false information. Patiently waiting for KYC. Used your Bee referal also. Wish you much success with youtube and crypto in 2021!

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Thank you so much for the positive feedback. I really appreciate it to see that most people appreciate the effort I put into my videos.

  • @giosantander3865
    @giosantander3865 3 года назад +21

    Thanks for educating pioneers man! Very enlightening

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +2

      My pleasure, hope it helps reduce the number of baseless accusations against Pi.

  • @Okoyeification
    @Okoyeification 3 года назад +8

    I thoroughly enjoyed watching and listening to you. You just good at what you are doing. Great job. Worth watching.

  • @josephchow7474
    @josephchow7474 3 года назад +2

    Subscribed to your channel! Thank you for the awesome insights on Pi and I’m definitely looking forward for more!

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Awesome, thank you! If you have any specific topics you'd like to see please vote at bit.ly/TopicsToCome

  • @LUNALive247
    @LUNALive247 3 года назад +5

    38:47 - Respect here from Christian! Keep op the good work!

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +3

      Thanks, to be fair I already grew my team with previous videos and the purpose of this video was to create a neutral video that deals with all the allegations that people constantly make so I don't have to type answers all the time but can just link to parts of the video and that's why I wanted to make sure to include that part as well so other Pi users feel more confortable using this video whenever they deal with those baseless "Pi is a scam" allegations.

    • @suryatiger3020
      @suryatiger3020 3 года назад +1

      @@ChristianRauchenwald you are so honest that deserves a like!

  • @susanrae9876
    @susanrae9876 3 года назад +5

    I love your Subscribe Now sign. It's a very subtle yet effective plug that delights rather than annoys. Props sir!

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      😂 thanks 😊 also seems to work very well if I look at the number of new subscribers the channel gets.
      Gotta love how those little things effect us humans.

  • @nightowl9512
    @nightowl9512 3 года назад +2

    Are you saying that Pi's only source of income is through ads in the app? Or do they have other backers, and if so - who? A naive way to see this is that they would also charge a fee for each Pi currency transaction once Phase 3 starts, did you see any mention of that somewhere or do we not yet know how it will roll out?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      If you consider 13 million users out of which many - especially in countries like the US, UK, AU, IR, CA,... - will likely see one ad per day, that sums up to a lot of money and more than likely enough to cover the costs and pay for the KYC verifications.
      Regarding the rollout and transaction fees are explained in the white paper, serach for "Transaction fees" at minepi.com/white-paper and you'll find the paragraph about it.

  • @jachcoff
    @jachcoff 3 года назад +7

    They say your "mining" crypto on your phone but all your doing is logging on once a day. I don't know how people trust an app that lies to you from the start, its not a good sign.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +5

      If you judge any business by how they phrase certain parts of their message in their marketing efforts then you can't trust 99% of businesses out there.
      Pi Network is quite transparent about the details in it's white paper. Sure they should probably also clarify that in their F.A.Q. but considering all the other aspects I've soon so far I more than willing to overlock that poor choice of words.

  • @melangadi1
    @melangadi1 3 года назад +12

    Thanks Christian.very informative and keep this good work going.god bless.

  • @tallyerptutorials
    @tallyerptutorials 3 года назад +1

    Can I have to delete pi network app in my phone or continue ?
    Please let me know

  • @matthewweaver9996
    @matthewweaver9996 3 года назад +1

    Good to see another video very useful I joined ur discord other day

  • @mohammadbilal2752
    @mohammadbilal2752 3 года назад +8

    no trash talk, clean and to the point explanation. (y)

  • @emem4221
    @emem4221 3 года назад +8

    hi bro! thanks for this brief----yet very simple and informative---explanations about Pi Network. I will copy the link of this video and just send it to those that want to know more about Pi Network.
    cheers bro, keep up the good work!👍
    i'm from the Philippines.❤

  • @somaansa939
    @somaansa939 3 года назад +1

    And by the way, I just subscribed to your channel. I know I'll learn a lot. Do keep up the good work!

  • @vijitjay9.303
    @vijitjay9.303 3 года назад +1

    Hey Christin, can you please explain as to how errors unwittingly or unwittingly done at or after registration? For example I obviously could not give the govt. document name and during the stipulated time frame I couldn't rectify it either. I made requests with regard to thos in different ways but still have got a chance to correct my name.Will I be able to face the KYC?
    Thanks in advance.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      I can't answer that for sure, but you are not the only one that hasn't updated their name, so I'm confident people will get another chance to do that.

  • @brigittebrown1924
    @brigittebrown1924 3 года назад +4

    The best PI video yet to me. Do you have one like this in the German language? I just researched that there is a way to have translated cc by youtube or google. Christian, this is one of your very best videos. You are amazing!!! Gratitude for YOU!!!

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Thanks. Unfortunately, no. I won't start a German RUclips channel before 2022, 2023 because I simply lack the time.

  • @rprx
    @rprx 3 года назад +1

    That short frame with 'subscribe' is a very cool idea (somewhere between 21:00 and 24:00)! Thanks for the info, I just discovered this recently and I have no idea what crypto works like
    Hope you get more subs, the production value and editing is real cool!

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Thanks for the feedback. It's been a long journey from just recording sitting in front of my computer to the current setup and we are constantly working on further improvements to make our videos more professional (I'm saying we because my wife has her own RUclips channels in Russian).

    • @rprx
      @rprx 3 года назад

      @@ChristianRauchenwald That's very cool, all the best to you both! I'll keep watching

  • @larry3294
    @larry3294 3 года назад +6

    You covered it all! Thank you very much!

  • @tharukaMA
    @tharukaMA 3 года назад +5

    This is gold. Nicely explained. Exactly tally with the findings I had with my research on Pi network. Thanks for the re assurance. Highly appreciate your dedication and commitment. Good luck.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Thanks for the positive feedback. Felt like I needed this video to save time typing... now I can just link to parts of the video when people ask the same things over and over again 😂

    • @yehanmudalige6596
      @yehanmudalige6596 3 года назад

      Machan you are from Sri Lanka right?

  • @CryptoNoob2Pro
    @CryptoNoob2Pro 3 года назад +1

    Subscribed to your channel. Very informative video! Thanks for this

  • @pomphetrung7301
    @pomphetrung7301 3 года назад +1

    Do you know if when I started Pi I used my nick name (which different from my passport) but with real last name linked to my mobile of course. Do you think would that be any trouble later on,? I tried to changed in profile settings but it didn’t allow me.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Theoretically that might be a problem, but considering how many people missed the last chance to update/fix their names I'm expecting that Pi will provide another chance for everyone to do so.

    • @pomphetrung7301
      @pomphetrung7301 3 года назад

      @@ChristianRauchenwald thank you

  • @rp2628
    @rp2628 3 года назад +6

    thank you for this very clear information,.you almost explained very well,hope this video be watch by most of pi newbie pioneers,specially those who
    lazy of reading the informations in the pi app.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Glad it was helpful! Yes, I also hope that people that are afraid it's a scam take the time to watch it and look at the evidence that shows that Pi is legit.

  • @isabelladesantis6186
    @isabelladesantis6186 3 года назад

    how to complete the YOTI process. I don't feel like ive done so, is there a way to check that

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Do you have the YOTI app on your phone? Is your personal data in YOTI (name, birthdate,...) verified in YOTI?

  • @nchmusic99
    @nchmusic99 3 года назад +1

    I want to ask , if Yoti ask for a photo of an official document such as ID , drivers license or passport , so for example , does it directly send the whole photo that I have taken and send to Pi or does it only extract some info from the photo that is required by Pi ?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      You can see exactly what data is forwarded shortly after 10:43

    • @nchmusic99
      @nchmusic99 3 года назад

      @@ChristianRauchenwald yeah I have watched that part , so does that means it won’t send the whole ID photo itself ? because the ID photo includes house address which Pi does not need

  • @antoniogarcia-ub7yg
    @antoniogarcia-ub7yg 3 года назад +7

    Thank you very much for the update.. I make sure that i open my account every 24hrs, to make sure that i mine contineously..

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Thanks for leaving a comment. Keep up the mining :)

    • @me-mg3rs
      @me-mg3rs 3 года назад

      @@ChristianRauchenwald How is it going to work when it actually has value?Can minors use it?Is it legal everywhere?i have a lot of questions

    • @moonman2183
      @moonman2183 3 года назад

      @@me-mg3rs I suppose that the official Pi Network website could answer your additional questions. A google search should prove to be fruitful.

  • @kurdishtrailer1385
    @kurdishtrailer1385 3 года назад +11

    The funny thing is 10mil+ people uses pi network and still some people thinks it’s scam 🤦‍♂️

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +7

      Well, to be fair there have been plenty of scams that also attracted huge amounts of people in the past.
      But I agree, considering the information available it's hard to believe that people insist on calling it a scam.

    • @goranradovanovic3162
      @goranradovanovic3162 3 года назад +1

      bitconnect bby :)

    • @robertmacias7920
      @robertmacias7920 3 года назад +2

      Add to it there are tons of internet sites that claim millions of users, but no is ever there

    • @mubashirahsan8524
      @mubashirahsan8524 3 года назад

      @@ChristianRauchenwald biggest scam yet , theranos .

    • @kentmccroskey8161
      @kentmccroskey8161 3 года назад +3

      And 99.9% of the ten million people have no idea of all the legal issues surrounding the CEO of PI including fraud.

  • @AlbertoSkyrim1995
    @AlbertoSkyrim1995 3 года назад +3

    Really amazing your explanations about Pi Network, useful, amazingly complete, a lot of doubts solved, well explained, etc.
    I just discovered your RUclips channel yesterday, after a friend of mine talked me about the Pi Network (I created mine with his referral code, obviously), but I find your explanation videos about Pi Network really nice and useful.
    Thank you very much for your hard work, huge efforts and nice and valuable content :).
    A huge & sincere hug Christian ^^.

  • @batmom32
    @batmom32 3 года назад

    Have a question about yoti and kyc. Can you pass just with driver license or you also need your id? Tnx

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Your drivers license should work just fine, but I'm not 100% sure so just give it a try.

  • @grahamjnrmark6011
    @grahamjnrmark6011 3 года назад +2

    Thank you Christian for this video. I have been following your channel and appreciate the content you keep delivering. People rush to judge other than taking time to do research. Kudos mate..

  • @AbhishekSinghabyexes13
    @AbhishekSinghabyexes13 3 года назад +5

    One of the best thing about this explanation:
    It answers all the questions on the go, that maybe arising in your mind as you continue to watch.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Thanks for watching and for the kind feedback. That was what I was aiming for, to provide one video that really covers every question or argument one might encounter along the way.

  • @trippertm6485
    @trippertm6485 3 года назад

    Christian wat will be the estimated value of these coins. And i had got a DM ABT this. Wat should i do??

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      It's impossible to estimate the value Pi will have once it reaches phase three, mostly because we won't know the total supply until then, but you might want to watch ruclips.net/video/tiGCVkO24Bs/видео.html to learn about the current inofficial value.

  • @danihasbani753
    @danihasbani753 3 года назад +4

    Keep it up man 👍doing a great job 👏 ❤️❤️❤️👍

  • @aftermathmathematic4175
    @aftermathmathematic4175 3 года назад +5

    Hello Christian i wanted to ask you a question. If all my team members don't pass the KYC does that mean that the points that i mined with their help will be gone forever? Great vid btw.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Exactly, only the part of coins you got from the mining bonus of unverified users.

    • @svenn7329
      @svenn7329 3 года назад +2

      @Peter Greyben They will destroy all accounts. So you will probably loose every single coin

    • @sophiamonique3603
      @sophiamonique3603 3 года назад +2

      @Peter Greyben Omg no ure not supposed to use fake accs, each person on Pi Network is supposed to only have one account otherwise they’ll just destroy the fake accs u created and u will lose the coins.

  • @thewillofgodtv6515
    @thewillofgodtv6515 3 года назад +3

    Thanks, Christian. Your video is so informative and it helps a lot to clear out things about our pinetwork endeavors. Salute to you, Sir! 🇵🇭

  • @AfroDanceWithZeAmazingBreezy
    @AfroDanceWithZeAmazingBreezy 3 года назад +1

    cheers dude !! great work with the research and the video thumbs up and subbed

  • @marksiew9089
    @marksiew9089 3 года назад +1

    Wow.. Kudos.. Christian. I have watched your video till the end. You have covered all areas on PiNetwork. Thanks again.

  • @bushraasif7908
    @bushraasif7908 3 года назад +4

    I missed my pi kyc varification option can i get another chance

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Yes, just make sure to prepare your YOTI account and check your Pi app daily.

    • @Fjay10
      @Fjay10 3 года назад

      I did too man, sucks i didn't have my passport in hand when i got it

  • @KevinandKristine
    @KevinandKristine 3 года назад

    Hello christian, is there any alternative way to pass kyc? Without yoti? I dont have valid ID

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      The core team promised to introduce alternative methods but so far they haven't delivered any so you'll just have to wait.
      BUT I think no matter which method they introduce it will still require some kind of government issued ID.

  • @safz619
    @safz619 3 года назад

    Hi if you verify it with number and Facebook is it safe ? And also I’d want to know when it does launch if it does , do you keep the pi coins into the account or is it going to be withdraw like you could move it somewhere else ?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Some of your questions are answered in this exact video... we will see how the transfer of coins work once Pi adds the wallet function and reaches phase three.

  • @maximedelobel2438
    @maximedelobel2438 Год назад

    so if i understand correctly, They (pi network) do NOT have direct access to your photo of your ID you uploaded on YOTI? So basically a copy of your ID stays within YOTI and is not shared with Pi network?

    • @ChristianRauchenwald
      @ChristianRauchenwald  Год назад

      As far as I know Pi only received the name, birthdate, and stuff but not the picture, so YOTI just confirms "Yes, this user provided this data and verified it with their ID", but does NOT forward the ID.
      If you want to know 100% for sure, just email YOTI support.

    • @maximedelobel2438
      @maximedelobel2438 Год назад

      @@ChristianRauchenwald thank you!

  • @Blowingkush1017
    @Blowingkush1017 3 года назад +13

    We need to get PI featured on sharks tank or dragons den. That could bring a great future to something like this.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +7

      I do hope you are subscribed to my channel or check back in a few weeks because yesterday I spent my first 0.5 Pi to pay for some minor studio equipment worth €45.99 meaning I spent Pi for 1 Pi = $100 and once that package arrives I'll provide a detailed video showing how it works and how every Pioneer can use some of their coins already for the same exchange rate.

    • @davidlevick7017
      @davidlevick7017 3 года назад +4

      @@ChristianRauchenwald , if Pi is worth nothing yet, how can you spend it?

    • @saveezachaudhry4175
      @saveezachaudhry4175 3 года назад

      @@davidlevick7017 if have passed kyc and have been allotted a wallet, you can make transactions.

    • @salib3k
      @salib3k 3 года назад +3

      @@ChristianRauchenwald - as David asked, how did you spend it if you also said it has no value and that it can't be withdrawn?

    • @lorrellmcguinness2119
      @lorrellmcguinness2119 3 года назад

      @@davidlevick7017 when it goes live late this year early next will be worth something .

  • @markdaley3691
    @markdaley3691 3 года назад

    I signed up earlier today, with my Apple ID tho. Didn’t ask for my number. But I have put in my email.
    So do they have all the info they need? Or do I have to navigate to add the phone number in?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      That's fine. When I signed up originally there was no option for "Apple ID".
      The only thing missing is the KYC verification in the future.

  • @yotchsyr1673
    @yotchsyr1673 3 года назад

    do you know how many digits are a pi or what's less than a Pi
    like satoshi to bitcoins

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      I don't think there currently is a name for fractions of Pi coins. Likely also not needed since Pi only has 4 digits after the decimal wheras BTC has 8.

  • @eddie3513
    @eddie3513 3 года назад +5

    Love your videos, every video explains everything soo good and you always reply on comments, great channel👍

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      I appreciate that! Thanks for taking the time to leave some positive feedback.

  • @avinash2k1
    @avinash2k1 3 года назад

    Hi ...what r d documents enough/need for KYC from India ( other than passport)

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      See support.yubo.live/hc/en-us/articles/360013088220-What-kind-of-IDs-are-accepted-by-Yoti-

  • @alexzabal4785
    @alexzabal4785 3 года назад

    i tried to use the node but because i have windows 7 i cant
    i must have only windows 10 to do it??

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Not sure, but there is no point in running a node unless you know what you are doing and have a computer that's running 24/7

  • @andrea_drip6263
    @andrea_drip6263 3 года назад +3

    Hi! Great job talking about PI. I'm an earlier pioneer. Cheers

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Thanks, appreciate the positive feedback. After many repetitive discussions with people making random accusations on my other Pi related videos I just felt like creating this one video would save me some time and help other pioneers (and as a result me as well) to increase the credibility of the project.

  • @ayyyitsliam4386
    @ayyyitsliam4386 3 года назад +2

    Also, this was great and concise thank you for taking the time for this. I’m still confused on what exactly Pi is trying to achieve though...

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +2

      You are welcome. I recommend you read the first paragraph on minepi.com/white-paper as it explains the vision behind Pi Network.

  • @cryoloe333
    @cryoloe333 3 года назад +4

    I love how this video is clear and rich with information. Thank you for the hard work!

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Glad it was helpful and thanks for taking the time to leave some positive feedback.

  • @mangbiaksangnaulak5919
    @mangbiaksangnaulak5919 3 года назад +2

    Will there be name change chance again?...because i miss the first chance....

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      I honestly don't know for sure, but I expect yes, considering how many peolpe somehow missed the first chance.

  • @terique69
    @terique69 3 года назад +4

    Kudos to you, absolutely great video, thanks very much for this well explained video, i hope this video will end up on the Pi Network home screen.

    • @grahamjnrmark6011
      @grahamjnrmark6011 3 года назад +1

      Voting it in when non core team content sugestion is open again..

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +2

      Glad it was helpful! That would obviously be amazing.

  • @oluyemitaiwo7462
    @oluyemitaiwo7462 2 года назад +3

    This guy is an intelligent and gifted teacher. You obviously study a lot. Thanks Christian.

    • @ChristianRauchenwald
      @ChristianRauchenwald  2 года назад +1

      Thanks 😊 I can't take all the credit, often community members - especially on our Discord server - share important pieces with me.
      Overall, our Discord community at discord.gg/CTGh7HAh is where the most value is at because there we discuss things often long before I manage to publish a video about it, and also cover things that I might have missed in a video.
      In the end, especially with projects like Pi it's also in my interest to share what I learn/discover since I'm also holding Pi. But besides that I try to focus this channel 100% on passive income that either requires no investment like Pi, or only a one-time investment like Helium, PlanetWatch,... to hopefully help more people get some money to invest and build multiple income streams.
      The goal IMHO isn't to be able to buy a Lambo but to not having to work until you are 65 or 70.

  • @PetarBladeStrok
    @PetarBladeStrok 3 года назад +4

    Why TF would anyone be jealous of your Pi mining rate?! Especially when they're watching your videos on it. Like what... 😂
    Thanks for keeping us up to date.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +3

      Honestly, don't know. Some people are weird. Had a few people comment on my videos "don't use his invitation code or he will benefit" and telling me then I should help people more and so on...

    • @utopian1402
      @utopian1402 3 года назад +2

      Yeah was wondering the same... ignore the haters, Christian... keep posting information on Pi... it helps crypto-noobs like me

    • @PetarBladeStrok
      @PetarBladeStrok 3 года назад +2

      @@ChristianRauchenwald I guess some people hate it when others succeed, even when they deserve it through hard work...

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      @@PetarBladeStrok thanks, both of you for the kind words. I know, and it shouldn't affect me at all, but sometimes it still does.

  • @tahyrhudayberenov5287
    @tahyrhudayberenov5287 3 года назад +1

    👍Good job, very informative.. Thanks Christian

  • @americasfavoritehoarder
    @americasfavoritehoarder 3 года назад

    Are there any auction sites (like ebay) that only accept crypto?

  • @caoliminlihuan5975
    @caoliminlihuan5975 3 года назад +3

    I start believing this Pi and i will be active member of this apps i will follow my ate(sister) she knew a lot of this cryptocurrency and this will help economy

  • @alexanderthejosh6045
    @alexanderthejosh6045 3 года назад +1

    Very clearly explained. Thank you for the information. Subscribed 🤘🏻

  • @jacealviar1430
    @jacealviar1430 3 года назад +23

    Basically answered all of my questions. Awesome! Thanks, Christian!

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +3

      Thanks for the feedback. I can already promise you that you'll love my next Pi Network video even more.
      I spent my first 0.5 Pi today for some minor studio Equiptment worth €45.99 that's roughyl 1 Pi = $100 (will share details and proof in another video once the item I paid for gets delivered).

    • @jacealviar1430
      @jacealviar1430 3 года назад

      @@ChristianRauchenwald OMG! That’s so awesome! Exciting.

    • @marie-annetsoukalas5199
      @marie-annetsoukalas5199 3 года назад +1

      @@ChristianRauchenwald oh my God.... I’m in shock! Did you actually trade with pi? My mind is litterly blown. ( more than usual)

  • @mitchyoza14
    @mitchyoza14 3 года назад +1

    Appreciate what you've been doing to clarify this more.
    Im extremely new and I've only been looking into Crypto since August last year but only started investing this year at the start of January and have only been using Pi for a short time.
    Looking forward to see the longterm of this project but I will say I'm looking forward to seeing your next video showing how to spend Pi now because I feel some of my referrals are skeptical and don't want to see what the long run could be so if they see it's worth something now then I'm sure that's going to be enough to convince everyone.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Currently working on that video, but you can already find the instructions in our Discord community (link is in the video description).

    • @mitchyoza14
      @mitchyoza14 3 года назад

      @@ChristianRauchenwald Awesome thanks you're a legend.

  • @pfake2551
    @pfake2551 3 года назад +1

    may i ask something? how it can be proved that the people i invited are real people? because there is one person who probably used my invitation code after i commented it on another video for pi network information. Im pretty worried:(

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      You don't have to worry, every user will have to complete the KYC verification sooner or later and once we are in phase three all unverified accounts will get removed.

    • @pfake2551
      @pfake2551 3 года назад

      @@ChristianRauchenwald thank you so much for the answer!

  • @Hellno301
    @Hellno301 3 года назад

    i have a question, u mentioned Pi Network requires KYC, i got the app and got started just with a phone number, there is no KYC verification for pi network..or did i miss something?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      You'll eventually receive a KYC invitation. That won't happen until you mined for at least 100 days though.

  • @FaizanKhan-uk8mg
    @FaizanKhan-uk8mg 3 года назад

    when will lounch the the Pi Network any infor me pleas tha nkx for more i want to know about more pi net work so pleas how we kow thst about tje pi network

  • @tonyfeehan4939
    @tonyfeehan4939 3 года назад

    What happens if you forget to press the lightening button, or you don't open the app for a week, do you get kicked out?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      No, you just don't earn coins during that time, but you can then come back and continue where you left off.

  • @alexandredeclima6434
    @alexandredeclima6434 3 года назад +1

    I'd like to know about the security of my phone data. Can the app view/steal my passwords?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      I'm sorry, but as I said in my reply to the same question on another video... Are you serious?

    • @DM-rc4yu
      @DM-rc4yu 3 года назад +1

      @@ChristianRauchenwald Are YOU serious? 95% of this "community" is people who don't even understand Pi does not exist yet as a currency and isn't worth anything. You are actually surprised these kind of people are wondering if the app could steal their passwords? Fucking lol.

    • @kebman
      @kebman 3 года назад

      ​@@DM-rc4yu I think we're in the minority here, pal. Anyway, I just earned another 120% on trading Dogecoin yesterday. Honestly, Dogecoin is a way better project than this bantapodo.

  • @dhorajishorts
    @dhorajishorts 3 года назад

    Hi Christian
    I want to ask one thing in white paper of pi network they write that pi is not a free money so what does they mean it means when we want to use or withdraw our pi coin we have to pay or something else plz explain this thank u😊

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      No, you won't have to pay but if you just plan to withdraw your money on day #1 then it's not going to be worth a lot and you are going to ruin Pi for everyone else.

  • @miguelmigullas1376
    @miguelmigullas1376 3 года назад

    what happen to my account, because i invite recently then she use my username for invitation, while creating her account she filled it up in her username the same in my username, we have the same user name... what will be happen to my account

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      You do NOT have the same username. Check the profile page in both accounts and you should see that it's not the case.

  • @na_collector8296
    @na_collector8296 3 года назад

    i didn't understand, when im mining, all the Pi coins that i have will be gone once Pi network will be officially launched or no?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      If you don't verify your account (KYC) your coins will be burned eventually. If you do verify (KYC) then you'll keep your coins.

    • @merkretro629
      @merkretro629 3 года назад

      @@ChristianRauchenwald how do you verify with them?

  • @Mrlharrigan
    @Mrlharrigan 3 года назад +1

    The best and most comprehensive and honest presentation about PI network 👍🏿

  • @ioanna1999matina
    @ioanna1999matina 3 года назад

    I have never heard of yoti and I have no idea about what to do with it . I have pi installed for some months. When I view my profil there is a green check( ✅) near my Facebook profil .do I need to do anything else to be verified ? Do I have to download yoti or something ? 😥

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Yes, you still need to pass the KYC verification for which Pi currently is using YOTI.
      You just have to wait and eventually you should get an invite in the Pi app to do that, which will then require you to set up your account at YOTI verify your identity with them. Pi will then just ask YOTI if you did that and that's it.

    • @ioanna1999matina
      @ioanna1999matina 3 года назад

      @@ChristianRauchenwald ok thank you very much 🙂

  • @TT-oe8er
    @TT-oe8er 3 года назад +1

    Ty for going over this I was wondering about this program and appreciate your research.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Thanks for taking the time to watch it AND leaving some positive feedback.

  • @gintolsa4978
    @gintolsa4978 3 года назад

    If we are not really mining at this time, so what is it that we are seeing numbers with the value of pi at the top?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      I think I'm explaining that quite detailled in the first 4 minutes of this video.

  • @leehuiling7222
    @leehuiling7222 3 года назад +1

    I have become a Pi Network member for over two months, and never verify my phone number on pi network account yet, I just couldn’t sent those 4 digits to any of the countries( USA, United Kingdom......etc.) can I still verify my phone number, is too late to verify it? Please help.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      If you can't send the verification code then simply link your Facebook account instead. Only one of the two things is needed.

    • @leehuiling7222
      @leehuiling7222 3 года назад

      Ok thanks

  • @magicpotatoyt2001
    @magicpotatoyt2001 3 года назад

    Hi, I registered using my mobile number a long ago. Then upon checking my profile, there is that I need to verify my number also my Facebook is verified. My question is do I have to verify my mobile number even I'm verified in Facebook?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Watch the video, I'm answering that somewhere between 35:14 and 37:27

    • @magicpotatoyt2001
      @magicpotatoyt2001 3 года назад

      @@ChristianRauchenwald Thank you, from my understanding I only need one to verify which is my facebook so I am good to go right?

  • @adriandelacruz3067
    @adriandelacruz3067 3 года назад

    sir i just wanted to ask... i lost my phone so i no longer have my number... is there an option for me to change my phone number?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Unfortunately no. But if you still remember your password you can login with your old phone number and password into your account.

  • @ericherman2850
    @ericherman2850 3 года назад

    Why not use stablecoins like Dai or USDC as a savings account? We can put them into Celsius or other sites and get 5-10% passive return. Is there a negative to this?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Not sure how that relates to this video? But yes, stable coins are in general a good alternative to regular savings accounts, but it depends which stable coin since they all also have at least a small risk involved.

    • @ericherman2850
      @ericherman2850 3 года назад

      @@ChristianRauchenwald Thank you. You're correct in that it didn't really pertain to this video. I just wanted your opinion on that philosophy. Thank you. I appreciate your response!

  • @ZROTOHERO
    @ZROTOHERO 3 года назад +1

    honestly the best video iv ever seen , clear and honest , i subscribed ,thank you

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Thanks, means a lot, especially since I'm currently in a discussion with someone else on Reddit that insists my videos are pure "clickbai" and contain "mostly useless information".
      So, thanks for taking the time to leave some positive feedback here.

  • @cathrincunanan8705
    @cathrincunanan8705 2 года назад +2

    Hi, Christian thank you for very informative explanation about Pi Network. Greetings from Philippines! 🇵🇭🙂

  • @somaansa939
    @somaansa939 3 года назад +1

    Excellent presentation! I have learnt a lot. Thanks for sharing.

  • @candaces3638
    @candaces3638 3 года назад +1

    Very good explanation of Pi. I feel much more informed now. Thank you!!

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Glad to hear that my video helped you in some way and thanks for taking the time to leave a comment.

  • @Thierryamezcua
    @Thierryamezcua 3 года назад

    So glad to know you and listen to your excellent information! You are a master! Please do a video on Doge

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Thanks for the positive feedback. However, I won't ever create content about DOGE since it's a coin that has no purpose and was created as a joke and has unlimited supply.

  • @melangadi1
    @melangadi1 3 года назад +3

    Very honest and trust worthy you are my friend

  • @ajsantos3739
    @ajsantos3739 3 года назад

    Sir, how long will it take to change my number? I mistakenly typed a single wrong number and have messaged them already via pi.app/support. They replied that they would prioritize "constructive proposals" and "critical issues which cannot be resolved by FAQ, Community Wiki, Pi Chat moderators" etc. Will I still be able to keep my Pi coins after changing my number and verifying it via the changed number? Hoping for you reply .

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      If you just started your account I'd recommend you just create a new one with the right number OR if you already have some coins you don't want to lose simply link your Facebook account as well in "main menu > profile".
      Don't forget that there are 14+ million users right now and the core team likely is drowning in messages.

  • @shnasry
    @shnasry 3 года назад

    i changed my phone but still have the same number how can i put the app on my new phone providing i forgot my password.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      If you used Facebook to sign up you can just login again with your Facebook account.
      If you used your phone number you have a "Forgot Password" option during the login process.

  • @zohaibriaz6548
    @zohaibriaz6548 3 года назад +1

    You are saying that pi coins are already mined, we are now receiving rewards. If it is already mined by core team then how much it has total supply??

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Don't know. The total supply will only be known once we transition into phase three and all coins from unverified accounts get burned.

    • @headfuel
      @headfuel 2 года назад

      @@ChristianRauchenwald What is the base number of tokens that the unverified tokens will be burned from?

  • @jefferysmith8401
    @jefferysmith8401 3 года назад +1

    Thank you for sharing brother. I am actually signed up already but your help is invaluable.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Great to hear! I felt like a video that focuses on those questions might help reassure many users based on the random accusations that show up from time to time by people that are too lazy to do proper research.

  • @jungster625
    @jungster625 3 года назад +2

    please sir tell us how to change name in pi network app as mistakenly i made some errors in my name and now there is no option for name correction i'm unable to find solution regarding the same. I even made request in support portal but same nothing happened please help otherwise all my mined coins will be lost☹️

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Sorry, I'm not part of the Pi core team so I can not help you with that issue. You'll just have to wait for Pi to allow users to update their data once more.

    • @adriandelacruz3067
      @adriandelacruz3067 3 года назад

      @@ChristianRauchenwald how about phone number??? so now theres still no option to change number if u lost it?

  • @amandamiller1414
    @amandamiller1414 3 года назад

    I didn't get any kyc verification. I used a secondary Facebook account and old email to verify but I did use my real name. Will that be ok?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Yes, that's fine. You'll still eventually get your KYC notification and will be able to complete it.

  • @3dgtiger
    @3dgtiger 3 года назад

    Can I boot non-active miners after a particular time?

  • @dhiea289
    @dhiea289 3 года назад +1

    Very Neat Explanation... Good Job.. wishing you well... 👍

  • @JoaoPedro-xu9un
    @JoaoPedro-xu9un 3 года назад

    Where do you expect pi to go? Small value because of the high supply? Or high value?

  • @dinashantina5217
    @dinashantina5217 3 года назад

    Where we should register for the wallet of Pi? i am part of your network Christian and i know we need to register it till some date was?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Nope, Pi wallets are yet to come, so I'm not sure what you mean. The only thing you should prepare is your YOTI account for the KYC verification.

    • @dinashantina5217
      @dinashantina5217 3 года назад

      @@ChristianRauchenwald yes i meant about the YOTI account

  • @VirendraSingh-nl5ns
    @VirendraSingh-nl5ns 3 года назад +1

    This is the only 25 minutes video that I watched since maybe last five year. Bcoz of the busy life. Haha
    But don’t worry brother, I watched the whole video ofcourse bcoz of my interest but in the end you killed it. You seems to be very decent person. Your way is going to be very far and success. Good luck.

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Thank you very much for those kind words. I'm not perfect, but I do my best to treat everyone the way I want to be treated and to make sure my content provides value.
      Great that you watched until the end, I created this video because I was tired of writting the same things over and over again in replies to comments that have no clue what they are talking about, so that I can just link to the right moment in this video instead.
      I do hope it also helps many other pioneers to grow their own teams because with this video they should have the answers to 99% of objections/arguments why people don't want to join.
      Anyway, all the best to you, and thanks again for taking the time to leave a positive comment.

    • @VirendraSingh-nl5ns
      @VirendraSingh-nl5ns 3 года назад +1

      @@ChristianRauchenwald you deserve man!! Remember me you gonna get big success!! God bless you. 💪💪

  • @scambustertv999
    @scambustertv999 3 года назад +1

    Great explalantion. Much appreciated

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Glad it was helpful and thanks for taking the time to leave some positive feedback.

  • @viktoriasag1978
    @viktoriasag1978 3 года назад

    i did something very stupid a while ago... i made a second accout with verifation of my another facebook profile but now i see it was a bad idea.. i really regret what i did but i cant delete the account when its already created. Im scared for my main pi. what will happen to it?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Simply log out of account #2. If you used account #1 as referral in account #2 also go to your earning team in account #1 and report account #2 as fake.
      You'll just lose the referral bonnus you gained from account #2 (if you used account #1 as referral for account #2).

  • @vincentlcl5665
    @vincentlcl5665 3 года назад +3

    Great video! keep it up! thanks so much!

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад +1

      Thanks, will do!

    • @vincentlcl5665
      @vincentlcl5665 3 года назад +1

      @@ChristianRauchenwald kindly take note that the Pi Wallet coming soon on end of the month..

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      @@vincentlcl5665 Thanks for the heads up. Won't really matter until we'll be able to use Pi, but will be another point to prove that Pi is legit.

  • @ClickClack_Bam
    @ClickClack_Bam 3 года назад

    Do you have to link your bank to this?
    Like where could the potential for a scam be?

    • @LeGeminiMind
      @LeGeminiMind 3 года назад +1

      No. You don’t have to. It’s just thru one form of verification

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      Thanks @Star Morgan for answering.

  • @danielwendel3317
    @danielwendel3317 3 года назад +2

    Awesome video, thank you sir

  • @jasperjed3061
    @jasperjed3061 3 года назад

    Hi Christian, do we need to pay to get KYC?

    • @ChristianRauchenwald
      @ChristianRauchenwald  3 года назад

      No, Pi Network is paying the YOTI fees as mentioned in the video.