The Pi White Paper explains why it is not the next Bitcoin, but an anti-Bitcoin! In 2019, the Pi White Paper not only envisioned a new cryptocurrency but also fundamentally critiqued Bitcoin's centralization flaws and proposed solutions.

Bitcoin Issues: The white paper points out that Bitcoin's design inevitably leads to extreme centralization:
Wealth: 87% of Bitcoin is owned by 1% of network members.
Power: The mining industry is monopolized by large corporations with massive server clusters.
Accessibility: This makes Bitcoin "out of reach" for ordinary people, creating huge barriers to entry.
Pi's Solution: Pi's design was specifically created to address these issues. Its core innovation lies not just in a new token but in a new way to achieve security and distribution:
Not proof of work (like Bitcoin)—which consumes大量 energy and requires expensive hardware.
But proof of social trust—using the Stellar Consensus Protocol (SCP) secured by ordinary people within the security circle.
Our goal has never been to compete with Bitcoin under its existing rules but to build an inclusive, user-friendly network that Bitcoin can never achieve.
Pi is not "Bitcoin 2.0," but "People's 1.0.")$PI