Initiative Q- new payment system, any thoughts?
Discussion
5 fresh invites waiting for anyone who wants them:
https://initiativeq.com/invite/SbBZGby67
They only want a name and email at this stage, no payment required so what's the harm? May as well get in there early if it ever amounts to anything. People wrote off Bitcoin 10 years ago and look how that exploded. You never know!
https://initiativeq.com/invite/SbBZGby67
They only want a name and email at this stage, no payment required so what's the harm? May as well get in there early if it ever amounts to anything. People wrote off Bitcoin 10 years ago and look how that exploded. You never know!
limpsfield said:
Andy20vt said:
People wrote off Bitcoin 10 years ago and look how that exploded.
Many stupid people lost money!Supersam83 said:
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: https://initiativeq.com/invite/BGQ2HVvhm
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.
6 slots left if anybody wants in...
I'll verify you as soon as you join
fHere is my invite link: https://initiativeq.com/invite/BGQ2HVvhm
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.
6 slots left if anybody wants in...
I'll verify you as soon as you join
k me, have you swallowed the rod as well as the bait??How much are you being paid to market this crap?
Condi said:
fk me, have you swallowed the rod as well as the bait??
How much are you being paid to market this crap?
I love the way they write the same copy in their posts....k me, have you swallowed the rod as well as the bait??How much are you being paid to market this crap?
"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...blah blah...free money.... blah blah...get rich quick... blah"
So, to everyone who believes in the marketing material, or has thought about it.....
If 'everyone' is going to be using the payment system, then the Q's must be readily available to everyone - so why would they be expensive? Its in the operators interest to make them as low value as possible, as that means it has low barriers to entry.
If people are going to have to buy these Q's, and their value is going to fluctuate, then what about the risk of the Q's changing in value between buying them, and spending them? If the price of Q's goes down by 10%, then you've lost 10% of your money when you convert back to Pounds.
What are the benefits over credit cards, or PayPal? We have a system which works in nearly every single shop in the UK, costs me nothing, and I can use online to buy things from anywhere in the world. Not only that, but my bank protects me from fraud and will cover my losses in case the goods dont turn up. What more can you ask for?
What differentiates Q from any other of the hundreds of crypto currencies which have been released in the last 5 years?
If 'everyone' is going to be using the payment system, then the Q's must be readily available to everyone - so why would they be expensive? Its in the operators interest to make them as low value as possible, as that means it has low barriers to entry.
If people are going to have to buy these Q's, and their value is going to fluctuate, then what about the risk of the Q's changing in value between buying them, and spending them? If the price of Q's goes down by 10%, then you've lost 10% of your money when you convert back to Pounds.
What are the benefits over credit cards, or PayPal? We have a system which works in nearly every single shop in the UK, costs me nothing, and I can use online to buy things from anywhere in the world. Not only that, but my bank protects me from fraud and will cover my losses in case the goods dont turn up. What more can you ask for?
What differentiates Q from any other of the hundreds of crypto currencies which have been released in the last 5 years?
Condi said:
What differentiates Q from any other of the hundreds of crypto currencies which have been released in the last 5 years?
Perhaps because it was created by "ex-PayPal guys"....As you say, the key problem is that the "Q" people deliberately conflate "payment systems" with "currencies".
So they talk about "today's payment systems" being "old and outdated, which means we’re "all bearing unnecessary costs".
So their solution is a create a completely new currency. That they own. Yep... makes perfect sense
Andy20vt said:
5 fresh invites waiting for anyone who wants them:
https://initiativeq.com/invite/SbBZGby67
They only want a name and email at this stage, no payment required so what's the harm? May as well get in there early if it ever amounts to anything. People wrote off Bitcoin 10 years ago and look how that exploded. You never know!
https://initiativeq.com/invite/SbBZGby67https://initiativeq.com/invite/SbBZGby67
They only want a name and email at this stage, no payment required so what's the harm? May as well get in there early if it ever amounts to anything. People wrote off Bitcoin 10 years ago and look how that exploded. You never know!
Only 2 x invites left now if anyone wants to go for it? May never come to anything, but then again it might just do. In it to win it I guess?
Behemoth said:
Condi said:
What differentiates Q from any other of the hundreds of crypto currencies which have been released in the last 5 years?
It is not a cryptocurrencyYou need to acquire (buy) Q's.
1 Q has a value, which can go up or down.
You trade/swop these Q's for goods.
Q's then need converting back into Sterling to spend elsewhere.
This is another solution looking for a problem. And someone is hoping to get rich off the back of it.
Condi said:
Not sure I agree. Its not a blockchain database, but it is basically a virtual-currency.
You need to acquire (buy) Q's.
1 Q has a value, which can go up or down.
You trade/swop these Q's for goods.
Q's then need converting back into Sterling to spend elsewhere.
This is another solution looking for a problem. And someone is hoping to get rich off the back of it.
By definition, cryptocurrency needs to employ cryptography. Usually the cryptography secures the transactions, controls the creation of new units, verifies transfers etc.You need to acquire (buy) Q's.
1 Q has a value, which can go up or down.
You trade/swop these Q's for goods.
Q's then need converting back into Sterling to spend elsewhere.
This is another solution looking for a problem. And someone is hoping to get rich off the back of it.
This MLM idea is a simple privately controlled token. It's cleverly dressed with familiar buzzwords to take advantage of the bandwagon.
Condi said:
Behemoth said:
Condi said:
What differentiates Q from any other of the hundreds of crypto currencies which have been released in the last 5 years?
It is not a cryptocurrencyYou need to acquire (buy) Q's.
1 Q has a value, which can go up or down.
You trade/swop these Q's for goods.
Q's then need converting back into Sterling to spend elsewhere.
This is another solution looking for a problem. And someone is hoping to get rich off the back of it.
He’s right, you’re wrong, it’s not a cryptocurrency.
I love your’s and Eddie’s attempts at saving the planet, by stopping “idiots” such as us from joining up to a free experiment that is being made readily available to everyone.
I know your type, it’s evident from your posts; you’re too stubborn to step out of your comfort zone to try something new, but instead of wishing others the best of luck, you try to grind people down and encourage them to stay in a little bubble along with you.
Don’t be jealous that others are willing to give something a try by joining a very low risk experiment
Stop stressing yourself out about what strangers are doing on the internet.
Clearly no one is listening to your expert advice, and are joining up, so just bugger off?
Oh and save the lame reply about how I’m wrong and you’re right, because I’m not going to listen. WE DO NOT CARE if this experiment doesn’t take off, we are just signing up to see what happens.
Here’s some advice, put a little note in your calendar for 2-3 years’ time with a link to this thread and come back and ask us how it went.
Condi said:
So, to everyone who believes in the marketing material, or has thought about it.....
If 'everyone' is going to be using the payment system, then the Q's must be readily available to everyone - so why would they be expensive? Its in the operators interest to make them as low value as possible, as that means it has low barriers to entry.
If people are going to have to buy these Q's, and their value is going to fluctuate, then what about the risk of the Q's changing in value between buying them, and spending them? If the price of Q's goes down by 10%, then you've lost 10% of your money when you convert back to Pounds.
What are the benefits over credit cards, or PayPal? We have a system which works in nearly every single shop in the UK, costs me nothing, and I can use online to buy things from anywhere in the world. Not only that, but my bank protects me from fraud and will cover my losses in case the goods dont turn up. What more can you ask for?
What differentiates Q from any other of the hundreds of crypto currencies which have been released in the last 5 years?
This. What's the benefit if I want to use this currency to buy my shopping? I can't see what "problem" it is trying to solve. Even if I want to buy $US I can just use my Revolut card. If 'everyone' is going to be using the payment system, then the Q's must be readily available to everyone - so why would they be expensive? Its in the operators interest to make them as low value as possible, as that means it has low barriers to entry.
If people are going to have to buy these Q's, and their value is going to fluctuate, then what about the risk of the Q's changing in value between buying them, and spending them? If the price of Q's goes down by 10%, then you've lost 10% of your money when you convert back to Pounds.
What are the benefits over credit cards, or PayPal? We have a system which works in nearly every single shop in the UK, costs me nothing, and I can use online to buy things from anywhere in the world. Not only that, but my bank protects me from fraud and will cover my losses in case the goods dont turn up. What more can you ask for?
What differentiates Q from any other of the hundreds of crypto currencies which have been released in the last 5 years?
roadsmash said:
....
Clearly no one is listening to your expert advice, and are joining up, so just bugger off?
...
Look roadsmash, you are clearly a bit gullible. But you seem happy with your decisions, so it's no skin off my nose. Clearly no one is listening to your expert advice, and are joining up, so just bugger off?
...
Just because I've posted something you don't like, my suggestion is just relax rather than getting all pseudo-aggressive. After all, you have been a member of the forum relatively speaking for 5 minutes, so if you don't like my posts, I'm afraid it is tough
EddieSteadyGo said:
roadsmash said:
....
Clearly no one is listening to your expert advice, and are joining up, so just bugger off?
...
Look roadsmash, you are clearly a bit gullible. But you seem happy with your decisions, so it's no skin off my nose. Clearly no one is listening to your expert advice, and are joining up, so just bugger off?
...
Just because I've posted something you don't like, my suggestion is just relax rather than getting all pseudo-aggressive. After all, you have been a member of the forum relatively speaking for 5 minutes, so if you don't like my posts, I'm afraid it is tough
Have you managed to read all the catalogues yet?
roadsmash said:
Sorry as mentioned previously will not be taking your expert online scam advice.
Have you managed to read all the catalogues yet?
Oh dear. Please learn some comprehension skills as I've already explained that point to you. Persist with it if you will, but it makes you look a little slow.Have you managed to read all the catalogues yet?
In terms of this "initiative", I'm very clear - you won't make any money, ever, from it. And on a point I think we agree on, we can review in 2-3 years to see who was right
EddieSteadyGo said:
roadsmash said:
Sorry as mentioned previously will not be taking your expert online scam advice.
Have you managed to read all the catalogues yet?
Oh dear. Please learn some comprehensive skills as I've already explained that point to you. Persist with it if you will, but it makes you look a little slow.Have you managed to read all the catalogues yet?
In terms of this "initiative", I'm very clear - you won't make any money, ever, from it. And on a point I think we agree on, we can review in 2-3 years to see who was right
Getting your words in a twist, buying an 85” TV on eBay and receiving a few magazines, and refusing to sign up to a free payment system because the founder might steal your password!!!
Intelligent bloke!
You have lost the plot.
Sigh!
Condi said:
Supersam83 said:
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: https://initiativeq.com/invite/BGQ2HVvhm
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.
6 slots left if anybody wants in...
I'll verify you as soon as you join
fHere is my invite link: https://initiativeq.com/invite/BGQ2HVvhm
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.
6 slots left if anybody wants in...
I'll verify you as soon as you join
k me, have you swallowed the rod as well as the bait??How much are you being paid to market this crap?
https://initiativeq.com/invite/BGQ2HVvhm
Us pistonhead members must have a high percentage of the Q’s pre allocated already
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