Talk:Quahl

So-called disruptive edit
To whoever sent me the msg about me having made an allegedly disruptive edit.... The title of a Hungarian source of whichever reference had originally been either auto-translated, to say "it appears to be Kamu" or I have no idea how it got there but it's wrong nonetheless. That ("kamu") means nothing in English because it's the word "fake" in Hu. I corrected that. Now if that's deemed disruptive then 1) I'll keep my opinion because it's certainly a violation of "polite", and 2) your loss. — Preceding unsigned comment added by 213.121.244.84 (talk) 14:16, 8 November 2018 (UTC)


 * Corrected Bogger (talk) 16:24, 4 December 2018 (UTC)

Marketing page vs informational page
This reads much more like a marketing page rather than an informational page. For a product that is so new, it makes little sense to create a Wikipedia page for it unless it has some cultural or historical significance. — Preceding unsigned comment added by 136.25.1.11 (talk) 22:00, 5 December 2018 (UTC)

Missing information and corrections based on information published by reliable sources
Full disclosure: According to Wikipedia's guidelines I have a Conflict of Interest with respect to this page, hence I am suggesting additions and edits in the talk page.

1. In the first paragraph, it should be: Initiative Q is backed by Cato Institute economist Lawrence H. White. <-- Q is Initative Q's digital currency. Lawrence White is backing the company, called Initiative Q.

2. According to source https://www.bitrates.com/news/p/initiative-q-is-not-a-scam-not-a-cryptocurrency-founder-saar-wilf-sheds-some-light - the following text can be added to describe what the company is doing:

The company claims that payment technologies are not advancing due to the adoption barrier for new payment systems. The company attempts to overcome this barrier by using its own digital currency, the Q, and distributing this currency to early adopters for free. The Q is not a cryptocurrency and is not decentralized. The Q will be overseen by a central, democratically-elected monetary committee, much like a central bank issued currency.

3. In the Marketing section, it is currently claimed that "The currency is marketed through chain email multi-level marketing". Both "chain email" and "multi-level marketing" are inaccurate in describing Initiative Q.

Chain email - There is no basis for calling Initiative Q's marketing as being done "through chain email". This is not mentioned in the source Portfolio.hu.

Multi-level marketing - Multilevel marketing is hyperlinked to Wikipedia's definition of MLM. That definition includes: "a marketing strategy for the sale of products or services where the revenue of the MLM company is derived from a non-salaried workforce selling the company's products/services" and "the largest proportion of participants must operate at a net loss". These two attributes are not attributes of Initiative Q and are not mentioned in the source.

4. The correct description of Initiative Q's form of marketing is "referral marketing". Source: https://www.bitrates.com/news/p/initiative-q-is-not-a-scam-not-a-cryptocurrency-founder-saar-wilf-sheds-some-light and should be hyperlinked to https://en.wikipedia.org/wiki/Referral_marketing

5. There is new sign up information:

Source: https://www.inverse.com/article/50931-initiative-q-is-too-good-to-be-true-but-probably-too-free-to-be-a-scam. Suggested text:

Later the same month, inverse.com reported more than 5 million signed up

Source: https://timesofindia.indiatimes.com/business/india-business/20-of-signups-for-new-digi-currency-from-india/articleshow/66860027.cms. Suggested text:

mostly from India, Brazil, United States and United Kingdom.

6. Brendan Markey-Tower's full title (as mentioned in stuff.co.nz) is not mentioned. In addition, material comments he made are being ignored. Suggested text:

In contrast, Brendan Markey-Tower, Economist and Researcher in the University of Queensland, explained on Stuff.co.nz in November 2018 that “It’s not a scam” and that the scheme wouldn't "make you fabulously wealthy. It is, nonetheless, an interesting idea" and “experiments like this are how we improve our institutions.

7. Positive criticism is ignored. Source: https://www.bitrates.com/news/p/initiative-q-is-not-a-scam-not-a-cryptocurrency-founder-saar-wilf-sheds-some-light. Suggested text:

Chris Madill of Bitrates wrote "Is it a scam? Probably not. In actuality, IQ seems to have more legitimate qualities than many of the ICOs of 2018, and even in its infantile state, the project appears to have much more developed monetary concepts behind it as well." Madill goes on to describe that "There seems to be a strong push back against the Initiative Q project from the crypto-community, fueled mostly by purists who can’t accept that private centralized currencies could have a place in the financial system of tomorrow."

8. Lastly, Initiative Q is a payment system, as the page correctly describes, and is not a cryptocurrency. Therefore, its categorization under Cryptocurrencies is erroneous. Also, the company is not based in Middlesbrough. It is based in Tel Aviv (see Vox source already used).

Reydelhumus (talk) 14:21, 17 December 2018 (UTC)
 * I |have acted on 4, 6 and 7 above. 1, 2, 3 and 8 have already been acted on. Bogger (talk) 17:29, 2 September 2019 (UTC)


 * Bitrates is a cryptocurrency news site, definitely not any sort of suitable source for something that isn't even a cryptocurrency - David Gerard (talk) 18:25, 2 September 2019 (UTC)