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Will 'free' digital currency Initiative Q make you fabulously wealthy?

Initiative Q, unlike Bitcoin, although it creates a private digital currency

LedgerX will transform cryptocurrencies
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LedgerX offers a facility for intermediaries to offer cryptocurrency-exposed accounts with the same advantages for less sophisticated investors. Photo: iSTOCK

Brendan Markey-Towler | The Conversation

Could free units of a new digital currency end up being worth thousands of dollars?

Initiative Q, which is aggressively marketing itself on social media, wants you to think so. It urges you to sign up now, and get your friends to do so as well, to maximise the value of your free “Q” currency. This has invited comparisons to pyramid schemes and suspicions about its legitimacy.

It’s not a scam. It also won’t make you fabulously wealthy. It is, nonetheless, an interesting idea.

I want to use institutional cryptoeconomics – the study of