There's minimal financial risk with Pi since the app is free to use; your primary investment is time spent mining. Some users view it as a no-lose scenario: if Pi never gains value, they’ve lost nothing financially, but if it does, they might profit from coins earned with minimal effort.
However, caution is warranted regarding Pi's potential value. The project has been active for years without a launch, and its cryptocurrency currently holds no monetary value. Some speculate it might be a social experiment to gauge how long people will mine a coin that they can neither access nor utilize.
It's also important to consider that the Pi Network app may collect and sell various types of data, including personal and usage information. Furthermore, before you can buy, sell, or trade within the network, you’ll need to provide "Know Your Customer" (KYC) information, such as government-issued ID. If data privacy is a concern for you, downloading the Pi Network app might not be advisable.
