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Initiative Q

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  • Initiative Q

    Not sure if this is the right place, or allowed, but the founder of PayPal is starting up his own currency and is giving out free shares as a start up. They aim to make it so every Q is worth $1 at least and all you have to do is sign up while they are still offering it. You will have to give your name and email, and that is it.

    Probably won't lead to anything but if it does then great.

    My link is here https://initiativeq.com/invite/rINr6IJhm so if you follow it, I will accept and then you can offer it around. Article about it here https://www.moneysavingexpert.com/ne.../initiative-q/

    I used an email that I don't really use just to be safe.
    Last edited by SpongeParr; 08-11-2018, 11:02 AM.

  • #2
    Don't want to rain on anyone's parade, but this is a private currency (not a peer-to-peer cryptocurrency) that is pretty much a pyramid scheme. However, it has been set up by bona fide operators and isn't dodgy in that sense. It will depend to a fairly large extent on the number of advocates driving up interest and user numbers. Then it will depend on attracting investment. It therefore *could* end up rewarding its early adopters, and *possibly* handsomely, but I wouldn't hold your breath. However I think it's relatively harmless to get involved at this stage, no harm in signing up. I will hold my hands up and say that I have. But it really isn't anything like bitcoin (as some of the blurb for it claims) and I think it's highly unlikely to offer those kind of returns. Bitcoin, meanwhile, has been very stable (certainly in crypto terms) for most of this year which further underlines its viability and position as the gold standard of crypto. So still worth getting on board with it, I think.