Initiative Q – Time to Get Ready to Rich

KomissarMinsky said:

Hi there @gringadgets
looks like your all out of invites at the moment.

Please do let me know when you have one available, I dont know anyone else who's in it, and I's love to join early for This one.

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kenpham said:

Here for more information :

Spoiler: What is your estimate of the Q value based on?

The reasoning behind the estimated future value of the Q payment network can be summarized as follows:

• 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.

Here is my invite link: https://initiativeq.com/invite/PIsBvryzp

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