I never heard of it, but it seems interesting. How long has it existed for ?

 

Looks like Bitcoin's original objective (getting rid of other currencies). It would be nice to get invites, but I'm still skeptical with the whole blockchain and cryptos losing a lot of their hype in the last few months.

 

Here: Initiative Q Invite: https://initiativeq.com/invite/rX1WVJp27

 

Great way for them to create a massive mailing list.

 

They've passed 2 million already!

 

Looks like a scam. I don't see how this would ever work.

They use a bunch of economic jargon and equations on their website to explain how it will work.

Do you really think the average person is going to understand and switch all of their money to Q's? Do you really think the governments of the world will also switch? How does this company make money? What is a Q???

Too many issues aren't addressed. Won't work. Calling it.

Maybe people will buy it in hopes of getting rich. Other than that, unless they are leaving out something amazing, this looks like a failure.

 

I'm trying it. Won't spend a dime, but I'm trying it anyways. If they're asking me for money they won't get it. Already got 3.4K Qs... Who knows, I sold my Bitcoins when they were only worth $250 back in the days.

 

What's for sale for people to buy?

If you actually read the "bunch of economic jargons and equations on their site" as you call it, you would have found out they're specifically anti-ICO and anti-crowdfunding and are not asking for anyone's money.

They're taking a page from PayPal's early days... PayPal doled out real dollars to grow a critical mass of users. Even back then people screamed scam and how unsustainable it was for a startup to be dashing out cash to people just to signup.

These guys are just giving out phantom money which cost them nothing. At worst they sell my name and email address and I get on a few more mailing lists. But Gmail will take care of that... not the end of the world.

 

But how will a Q ever have value if it's just given away for free? I guess the idea is it will have value once people start to use it as a currency. Well that will never happen. Who's going to be the first moron to take your valueless Q coins in return for a product or service?

Money works the opposite way. People find something that has value that is also easy to trade. Like gold, silver, salt, and seashells. The thing has to have value first, otherwise nobody would trade for it.

So if you can convince me how a Q has value, then I could see how it could be a currency. But as far as I can tell it has no value and the odds of it becoming a currency is worse than bitcoin becoming a currency, which is also slim odds, because a bitcoin actually has some value.

People will dish out real money for bitcoin. They were doing it from the start. They gave real money with real value for bitcoin, which made bitcoin valuable since people would buy it.

Maybe since you are giving your emails away for a Q then whatever your email is worth is how much a Q is worth? I don't get it.

Maybe I'm wrong and need to be educated more on this topic. If you can convince me why a Q is valuable then I will change my opinion.

 

Like Bitcoin?

Turns out there are a lot of "morons" out there, including big corporations and publicly traded companies.

I've got a business to build and a life to live. Convincing people is not on my to-do list.

I don't get it either. But what have I got to lose?

 

Really dude...

Bitcoin is different. You have to spend money to mine one. And people started slowly paying money for them.

 

Another ponzi scheme in the making....