Update: Well, that was fast — I gave away my first batch of Q… working on 2nd batch.
Update 2: It’s not really a Crypto currency. There is an extensive FAQ at initiativeq.com
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: https://initiativeq.com/invite/BIzFKp32X
This link will stop working once I’m out of invites, or when the time limit expires. Let me know after you registered, because I need to verify you on my end.
Ok, that is the canned spiel from Q. What follows is my own spiel. I have read through the above canned response, and I have not found anything objectionable in it. Nor have I found anything objectionable in the website. I do think that the folks behind Q may well be overly optimistic, and I will be watching carefully. I certainly won’t be putting any substantial money into this until I’m convinced they will succeed, and I recommend that you don’t, either.
I found the signup process a little awkward. There was a choice to use Google, FB, or Twitter, none of which I wanted to use. I consider that a slight negative for Q, but OTOH, those are currently the platforms most people use. I signed up with a direct login and password (generated by LastPass [not an affiliate link] — if you don’t already have a password manager, get one. There are many free ones).
I signed up for Q today, on the recommendation of Martin Avis, one of my first Internet Marketing mentors. The signup link I got in return is limited to 5 people, and is good only until November 19th, 2018. So if you are interested, don’t delay. (Note, I got another batch after the first was given out, but the deadline is still the 19th)
While I don’t have a huge amount of enthusiasm for a new crypto currency, I don’t see any downside to this free account (you do have to share it in order to get credits, but I regard that as a fairly clever marketing scheme, similar to affiliate marketing). The reports I have see on FB indicate that they don’t sell your information, and they don’t spam.
So, even though I have some reservations about Q, I signed up anyway, and I’m telling others about it.
I’m guessing this new Q will take a while to “take off”, but I certainly wish them the best — simply because I don’t trust PayPal (or Stripe) after their de-platforming of folks who dare to compete with the Lamestream media. Paypal (and others) need some meaningful competition!