If that is the case, then the information will be contained in the "decoder", not in pi itself. So that particular "decoder" should be banned, not pi. Other "decoders" that point to other parts of pi would not be banned.
How about if you have it but never used it, so you have the index but never expanded Pi that far, or doing the expansion would take longer than the age of the Universe, say?
So, how about if you never viewed the 'file' from the Blockchain, aren't we creeping gradually towards saying that would be fine too. Of course the law has elements necessary for practical enforcement too which we generally ignore when waxing philosophical.