Anyone hear about this? Some payment system looking to overtake credit card transfers. Could end up being some massive pyramid scheme, but I'm willing to give it a shot since it requires a first name, a last name and an email address and almost no additional setup. Anyone want to sign up under the invite link I've got? It'll probably end up being worthless, but I thought bitcoin was stupid and look at what happened with -that-.
"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/H-XizekTX 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.
EDIT: I also have two-step verification on anything that has it as an option.
According to this thing I've got 10 invites left out of the 15, so if anyone wants to give it a shot it should be available.
The shoddy part isn't that they aren't pulling in membership fees. The shoddy part is that the promotional description you copied sounds exactly like a pyramid scheme. If they're -not- a pyramid scheme, they need to fire their PR writers.
The soul of Ashmond says, "Always with the sniping."
(Clan): Ictinus says, "Stop it Jiraishin, you're making me like you."
Selling information to vendors has made Google a giant.
Also, if you use any Google service, Facebook, Twitter, etc., you've already given that away and people are absolutely making money off of your demographic information.
*To a company that's looking to compete as a big platform. Obviously if this is two dudes in a basement, it's different (though cursory review of news articles seems to suggest this is not the case)