Initiative Q - The latest bandwagon blowing up on TwitFace

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Here is my invite link: Initiative Q

I actually still have 2 left one person I thought was going to accept had already done it with some one else.
 
When all y'all are cyber billionaires, Im hoping you'll remember us luddites and treat us into your cyber F lounge one day :)
 
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Still got three left on mine -- Initiative Q

Interesting doing some web searches this has seemingly been live since July and at the time the 'value' of Qs was $140k.
But interest has seemingly exploded in the last week.

I got an invite on Tue and it was $125k.. Think $110k by the time I signed up.
And just checking on incognito mode its now below $90k.
 
FT Alphaville--which requires a free subscription--had a take on this today ("Initiative Q: an elementary pyramid scheme with grandiose ideas").

This article from back in June is quoted in places:

Initiative Q — a non-crypto private currency, marketed by pyramid scheme

The FT piece concludes:

Here's Gerard, again:

The signup list collates the following information:

-- people who think get-rich-quick schemes can work;
-- people who will get their friends to sign up for a get-rich-quick scheme;
-- a full network graph of said people.

Any number of disreputable people and companies would throw their hats in the air at getting hold of a database like this. Affinity fraud loves this sort of list of pre-screened suckers.


Initiative Q has said it doesn't "share the data with any other 3rd party" but, as Facebook users know, privacy policies can evolve. It is always worth remembering that if you're not paying for it, you are the product. It is also worth remembering that anything selling its future success as "a self-fulfilling prophecy" will probably not be fulfilled.
 
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