What is a pyramid Scheme compared to Initiative Q?

Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of payment 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 the invite link.

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.

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Quantity Theory of Money

• Volume: The global volume of payment card purchases is over 20 trillion dollars annually. Since Initiative Q's unique distribution method solves the adoption problem and opens the gates to many new payment technologies (learn more),

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   buyers and sellers will prefer it to payment cards. Q retail volume is thus projected at 5-20 trillion dollars, assuming successful worldwide adoption.

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• Velocity of money: In the long term, Initiative Q’s goal is for Qs to be used as a primary currency, meaning its velocity should be similar to the global average of 2. This goal will be achieved by financially incentivizing the use of Qs for all types of transactions, including wholesale, salaries, and investments. Additionally, Q will have a target inflation rate of zero, making it more attractive as a long-term holding compared to standard currencies (which usually lose over 2% a year to inflation).

Nevertheless, it is reasonable to assume that in the early stages, members will hold reserves as low as one month’s worth of expenses, resulting in a velocity of 12.

As we have said above

Since the development of technologies for Blockchain and Cloudcomputing many economies have been missing chances to incorporate these technologies in their Digital Business Endeavours to be able to hookup to the global digital revolotions and realy create leverage for their efforts to generate Economical Prosperity.
Especially for this reason have their Banking and Educational Systems been lacking real Intelectual Aspirations to upgrade.

Value: the Equation of Exchange

The value of a currency is affected by multiple factors. The equation of exchange introduces the “velocity of money”, defined as the total expenditures (or income) in that currency, divided by the money supply (the total amount of currency in circulation). The world’s total economic activity is around 100 trillion US dollars, and the total amount of money in the world is between 40 and 90 trillion dollars (depending on the definition of money). This gives a global average velocity of money of around 2, which indicates that each unit of currency changes hands roughly twice a year. In other words, at any given time people hold money balances equal to around half a year’s worth of income (or purchases).

Therefore, in order to estimate the value of all Qs, we need to estimate the volume of transactions on the network as well as the velocity of money.

The payment world is stuck with decades old technologies, since it is very difficult to get buyers to adopt a new technology that sellers don’t yet support and vice versa.
Q solves this problem by compensating early adopters with future currency. This enables the building and adoption of a payment network that is far superior to current ones.
A payment network that is both superior technologically, and widely adopted, would be preferred by both buyers and sellers.
It is realistic to expect that such a network would eventually overtake payment cards, which account for $20 trillion in annual transactions.
The total amount of money in the world is roughly half the world’s annual economic activity. The value of all Q currency could thus reach half of Q’s annual volume (i.e. $10 trillion).
An alternative data point is the value of cryptocurrencies which peaked at nearly $1 trillion, despite hardly being used for real payments (nearly all activity is speculation).
Therefore, the total future value of Qs could reach a few trillion dollars. Since there are currently 2 trillion Qs, the goal of one US dollar per Q is achievable.
For more details see Q’s economic model on our website.