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Hello fellow PT tribers.
Im slightly skeptical, intrigued and early adopter of joining the Intitiative Q payment gateway.
Please Do your own research.
There is information on Forbes , MSE, and critique available.
Fear of missing out and using the leverage of networking.
I have limited amount of invites left.
And felt I would be first to share opportunities here - amazing or waste of time ?? I will let you decide.
Could this company be worth a trillion one day? I have a share of it.
I used a dormant email address and very strong password.
Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of credit cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn't want to miss this.
Here is my invite link: (*Moderator note: Link removed as this is a data gathering exercise*).
This link will stop working once I’m out of invites. Let me know after you registered, because I need to verify you on my end.
Other peoples thoughts on this:-
A huge data gather for a product that doesn't exist and no regulatory framework to support it. It has a number of hallmarks of the old MLM/pyramid schemes.Personally, I would prefer not to have such discussions on this forum. It has nothing to do with property or entrepreneurship - more for those people who are always searching for the next "opportunity".
Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**
Already sick of seeing the cut and paste email appearing everywhere ... reminds me of a pyramid scheme with the rush to get in at the beginning used to hype up people who think they might be missing out if they don't get on board. Each level of the pyramid will dilute the results and only those at the very top with very large pre-existing networks will benefit.Already looking like one of the greatest data capture campaigns in recent times and very little substance to it, so not for me, but good luck to those who do sign up.
What a load of old b*llocks
MoneySavingExpert.com founder Martin Lewis said: "Wouldn't it be wonderful if Initiative Q delivered and people make a fortune just by signing up for free? Don't hold your breath though, the truth is fortunes for early adopters are very unlikely to happen, in fact, it is unlikely anyone signing up will make any money."The claims that it will have $20 trillion in transactions a year seem more far-fetched than me winning the next Rear of the Year contest (though neither are impossible)."It's also worth noting that it markets urgency to get people to sign up, with the amount of Qs you can gain dropping on the website. This and other marketing tricks effectively gamify the sign-up, with the refer-a-friend system playing on people's fears of missing out – a little gimmicky for something purporting to be a potential major financial player.
"My assessment isn't based on a great, detailed understanding of the underlying economic mechanics behind the system – after all, the Initiative Q website seems to spend more time on what's wrong with other systems such as Bitcoin than what's right with it. Just the simple rational that most things set up like this don't hit the critical mass of people needed to make it financially viable, and if something sounds too good to be true, it usually is."Yet that isn't necessarily a reason for not bothering. After all, the 'should I give someone my name and email address' bar is one set very low. So if you want to take a punt, do it. Yet if you are in future asked for more details, such as address or date of birth, then the bar has risen, so don't just think 'they've already got my email, so I'll do it'. And if you are ever asked to risk money on it, then it becomes a high jump."In fact, why not sign up with a secondary email address, rather than your main one? That way you will first know anything has come from Initiative Q and if it did end up being a spam generator – and the people interested in this would be lucrative for marketers – it isn't sending it to your main email."Source Like any digital evolution, nothing will happen overnight. A 'Q' - which the company hopes will become as valuable as a dollar within a decade - is in the eye of the beholder.Initiative's own timeline predicts nothing, hopes for everything, yet commits to utilising the most advanced technology to bring a new global currency to fruition. The capacity to create Bitcoin, but better.
If that's not worth sharing an e-mail address, I'm not sure what is.Source - Forbes
Yep, most def scam. Stay away people.
That 20T valuation is ridiculous
But how will it scam people if it just has your email address and you have not handed over any money? A scam is surely where someone loses out financially?
Sorry, did not see your question.
Well, it worth a lot of money to collect and have a network of people eager to jump in and sign up to anything to get free money. Many GRQ providers would love this list.
Then there are ppl signing up using their main email address and main password, the one they use for their email providers, bank accounts, etc (yes,ppl are that dumb)
also, I am pro blockchain, pro bitcoin, but this one has nothing to do with that.
Best comparison would be if someone was asking you to sign up to get "Nectar" points and promise you that a "nectar" point will worth $1 in the future when the company is valued $20T.
Would you be so enthusiastic to sign up?
Btw you can hire a freelancer for $10 to set up 30 fake emails and cross referrals and you have some 200k Qs, if you really wanna bet on it. And you do not need to spam your whole social media network with referrals.