
Publier
LinHuynh
🤦Many think "100 billion Pi" was calculated back in 2019, like Satoshi locking in 21 million BTC before launch. Reading the whitepaper carefully... nope, not the case 🤡
➯ From 2019 until Mainnet, $PI intentionally left total supply open. Mining rate halved every time the network scaled 10x, and the network had the "right" to stop mining somewhere, but that milestone was never defined, just left hanging 🤷
➱ At COiNVENTION October 2020 (network hit 10 million users), the community openly debated: keep mining and risk diluting incentives, or stop and block newcomers, a classic Pi drama few talk about now.
➱ Not until late 2021–early 2022 (whitepaper released March 12, 2022, alongside Enclosed Mainnet) did Pi finally lock in 100 billion, split 80% community / 20% Core Team, per the original 2019 formula. Nearly 3 years to close the deal 🐢
➱ Leaving it open wasn't sloppiness, it was intentional: prioritize broad distribution, avoid early adopters hogging tokens, something Pi used to "tease" Bitcoin for. Price paid: community waited 2+ years to know the final number, fueling years of "vague tokenomics" criticism.
➱ Unlike Bitcoin (hard-capped, no renegotiation), Pi still leaves room for "controlled inflation" after all 100 billion is distributed ,to compensate for dead/lost accounts or add liquidity. Decision reserved for Foundation + community vote later, nothing set in stone. More flexible than Bitcoin, but less predictable , pick your side 😌
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