Pi Network and the Future of Crypto: Are We Building a Coin to Use or Just to Sell?

The Real Problem in Crypto Is Not the Price

Amid the constant noise of price movements and market speculation, a fundamental question is resurfacing in the crypto space. It is not about when prices will rise, nor about short-term profits. Instead, it cuts much deeper and feels uncomfortable for many crypto projects, including Pi Network.

Are we building a coin that is meant to be used, or are we simply waiting for the right price to sell it?

This question gained renewed attention after a sharp reflection circulated within the crypto community, shared by the Twitter account @NEWS_Pii. The reflection echoed a long-standing yet increasingly relevant stance from Ethereum founder Vitalik Buterin, who has consistently rejected the industry’s obsession with short-term trends.

A Crypto Industry Trapped in Short Cycles

In recent years, the crypto industry has been moving in increasingly shorter cycles. Narratives no longer shift over years, but over months or even weeks. One moment NFTs are hailed as the future, the next moment meme coins dominate the market, followed by AI-related tokens, and then something else entirely.

Ironically, the underlying blockchain technology does not evolve nearly as fast as these narratives. Many projects are created not to solve real problems, but to capitalize on the latest hype. Coins are launched not because they are needed, but because they are marketable.

This is precisely where Vitalik Buterin’s criticism becomes relevant. Ethereum, in his view, should not chase short-term trends. It should return to its original purpose: building a robust and useful infrastructure for web3.

This message serves as a mirror for many crypto projects today, including Pi Network.

Pi Network at a Crossroads

From the beginning, Pi Network positioned itself as an inclusive crypto project. By introducing mobile mining, it managed to attract tens of millions of users worldwide. However, as time has passed, an uncomfortable question has started to surface within its own community.

Is Pi Network building a real ecosystem, or simply delaying price discovery so the coin can eventually be sold?

Many Pioneers joined not because they wanted to use Picoin as a medium of exchange, but because they hoped its value would rise significantly in the future. This mindset is not entirely the users’ fault, as the crypto industry itself has spent years conditioning people to focus on price above all else.

But if most users are only waiting for price appreciation, who will actually use the coin?

A Coin Without Real Utility Loses Its Meaning

In the crypto world, true value does not come from exchange listings, but from real usage. Coins that are used to pay for goods, access services, execute smart contracts, or power web3 applications have far stronger foundations than those that exist purely for trading.

Ethereum has survived multiple market cycles not because of hype alone, but because thousands of applications operate on its network. Every transaction, every smart contract, and every DeFi interaction reinforces the value of the ecosystem.

Pi Network faces a similar challenge. Without real-world adoption, Picoin risks becoming just another speculative asset. The price may rise temporarily, but without utility, its value remains fragile.

The “Waiting for Price” Mentality

One of the biggest issues within the crypto community is the waiting mentality. Users constantly ask when a coin will be listed, when mainnet will fully open, and when the price will increase. These questions are understandable, but when they become the sole focus, something is fundamentally wrong.

Crypto was meant to be about decentralization, financial sovereignty, and building a more open system. When everything revolves around price, those ideals fade into the background.

Pi Network has a unique opportunity to break this cycle. With its massive global user base, it has the potential to create an ecosystem where Picoin is actively used, not merely held.

Web3 and the Responsibility of Crypto Projects

The concept of web3 emerged as a critique of the centralized nature of web2. It promises user ownership, transparency, and systems without intermediaries. However, these promises can only be fulfilled if coins and tokens are integrated into real, functional systems rather than serving purely as speculative instruments.

Every crypto project, including Pi Network, carries a responsibility to build something that works. Not just a polished whitepaper, but products and services that ordinary people can actually use.

Without this, crypto will continue to be perceived as a digital casino rather than a technological revolution.

Source: Xpost

Repeating the Uncomfortable Question

The question raised by @NEWS_Pii may sound simple, but its implications are profound. Are we building a coin to be used, or merely waiting for the right price to sell?

This question should not be directed only at development teams, but also at the community itself. Every Pioneer, investor, and crypto user should reflect on it.

If the answer revolves solely around price, the future of crypto will remain trapped in cycles of hype and collapse.

Pi Network’s Future Depends on Today’s Choices

Pi Network still has time and opportunity. With its global community and unique approach, it has the potential to demonstrate how a coin can be integrated into everyday life.

However, everything depends on the direction it chooses. Will the focus be on building a living ecosystem, or on waiting for market conditions to improve?

Crypto history shows that the projects that survive are not the most viral, but the most useful. Ethereum has proven this, and other successful web3 projects follow the same principle.

Pi Network now stands at a similar crossroads.

Conclusion: Price Follows Utility

In crypto, price is often treated as the ultimate goal. In reality, price should be the result, not the objective. Coins that are used naturally find their value.

The question surrounding Pi Network and crypto in general may feel uncomfortable, but it is exactly the question that needs to be answered if the industry wants to mature.

Are we building coins to be used, or are we just waiting for the price to sell?

The answer to this question will shape the future of Pi Network, Picoin, and the broader web3 ecosystem itself.

hokanews – Not Just  Crypto News. It’s Crypto Culture.

Writer @Victoria 

Victoria Hale is a pioneering force in the Pi Network and a passionate blockchain enthusiast. With firsthand experience in shaping and understanding the Pi ecosystem, Victoria has a unique talent for breaking down complex developments in Pi Network into engaging and easy-to-understand stories. She highlights the latest innovations, growth strategies, and emerging opportunities within the Pi community, bringing readers closer to the heart of the evolving crypto revolution. From new features to user trend analysis, Victoria ensures every story is not only informative but also inspiring for Pi Network enthusiasts everywhere.

Disclaimer:

The articles on HOKANEWS are here to keep you updated on the latest buzz in crypto, tech, and beyond—but they’re not financial advice. We’re sharing info, trends, and insights, not telling you to buy, sell, or invest. Always do your own homework before making any money moves.

HOKANEWS isn’t responsible for any losses, gains, or chaos that might happen if you act on what you read here. Investment decisions should come from your own research—and, ideally, guidance from a qualified financial advisor. Remember:  crypto and tech move fast, info changes in a blink, and while we aim for accuracy, we can’t promise it’s 100% complete or up-to-date.

Stay curious, stay safe, and enjoy the ride!