The Pi Network community is currently witnessing a public clash between two prominent voices: Dave Rosco and Dr. Altcoin. What began as a disagreement over blockchain wallet data has escalated into a heated exchange about integrity, transparency, and the future direction of the Pi project. The argument touches on deeper frustrations within the community, especially around unfulfilled promises, token migration, and how the core team communicates with its users.
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Dave Rosco Pushes Back Against “Misinformation”
In a recent YouTube video, Dave Rosco directly addressed claims made by Dr. Altcoin, who had accused the Pi Core Team of selling 12 million PiCoins within 24 hours. Rosco, who recently hit 10,000 subscribers, expressed serious concern over what he described as misinformation being spread by Dr. Altcoin.
He argued that the transactions in question were actually standard token migrations from the Pi Foundation 2 wallet to user wallets – not sales by the Core Team. Using Piscan data, he demonstrated how the wallet addresses involved were tied to legitimate user migrations and not market activity. He also explained the importance of responsibility, especially for influencers with large followings. According to Rosco, emotional or unfounded accusations damage the credibility of the community and spread unnecessary panic.
Rosco didn’t stop at technical clarifications. He went on to criticize Dr. Altcoin’s tone and behavior, calling it reckless. While acknowledging some frustrations with the Core Team himself, particularly regarding their May 14th teaser, Rosco made it clear that transparency demands should be based on facts, not assumptions.
He pointed out that the Pi Core Team has the right to sell Pi from its allocated supply and noted that previous announcements already outlined how a portion of Pi would be used for development and venture funding.
Dr. Altcoin Defends His Intentions and Demands Accountability
Dr. Altcoin responded to Rosco’s video not with more accusations, but with a more composed and reflective post. He said he appreciated Rosco’s effort to question him, but felt that making a video was unnecessary since he had already replied on social media. He then doubled down on his stance, asking Piscan to provide official data on Pi sales over the past week to help settle the issue once and for all. Dr. Altcoin clarified that he never intended to spread fear, uncertainty, or doubt (FUD), but rather to hold the Pi Core Team accountable for what he described as years of broken promises.
Although I appreciate your effort to challenge my posts, there was no need to go as far as making a YouTube video about it. I had already responded to you here on X, and I hope Piscan (@piscanofficial) will be able to provide the total PiCoins sold by the Pi Core Team in the last…
— Dr Altcoin (@Dr_Picoin) May 18, 2025
He argued that much of what the Core Team originally promised in the roadmap and whitepaper has not been delivered. According to him, delays in KYC approvals, bonus distributions, and ecosystem development have left millions of users in the dark. He said he may have made mistakes, but insisted they were driven by good intentions, unlike what he claims are the deceptive actions of the Core Team.
Dr. Altcoin urged the community to stand with him in demanding transparency, referencing a past community push that allegedly led to the launch of the Open Network. For him, this latest conflict isn’t personal – it’s about holding powerful entities accountable.
As tensions rise, the Pi Network community is left grappling with who to trust and how to move forward. Both Rosco and Dr. Altcoin clearly care about the project, but they represent different strategies for how to demand transparency—one grounded in verification, the other in vocal pressure. The truth may lie somewhere in between, but for now, the debate has spotlighted growing impatience within a once tightly unified group.
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