# CriticalThinking

While it's commendable that the Pi Network claims to have self-funded development without an ICO, transparency remains a major concern. Unlike open-source projects like Bitcoin or Ethereum—whose code, development, and funding histories are publicly auditable—Pi’s operations are largely opaque. Users still can't freely withdraw or trade Pi tokens on major exchanges, raising legitimate questions about liquidity and value.
The fact that users must go through KYC before even having full control over their tokens, yet can’t use them freely, leans more toward data collection than decentralized empow