Initiative Q

Last updated: November 9, 2018

If you will google the Initiative Q and will move forward to its website, you will be received with a huge splash page comportment with the slogan of tomorrow’s payment network. This trend of discovering the advanced global currency was the kick-started with the huge blow-up of the bitcoin. With the investors raking that is in the huge charges thanks to the dramatic rise in the currency price. Numerous of other coins are going to be started after the bitcoin. And it seems that the Initiative Q is just the modern in the long line of these numeral financial creativities. Though they pressure that they are the different from of the cryptocurrency which they are describe as the vivid solution to the problem that does not even exist.

Though the Initiative Q does admit that “some of the ideas behind the cryptocurrency are valued, and might be organized in the Initiative Q’s at the backend”. This website claims that the Initiative Q will be at the cutting edge of the technology. Which will be the ultimately create as a supple, informal and reasonable payment network for all the users. This website says that the Initiative Q will be able to solves all the adoption problem by the associating of the payment network with the new global currency, and distribute this currency to the early adopters without any charges.

Is that really scam?

In the honest view, our senses are prickly when it comes about to the online offers for the free money. This cryptocurrency world has been bound with so many fake promises about your money. Initiative Q is truly different in this manner, however, as it does not ask you to devote any of your amount in it. The free donation simply promises you to gather better financial prize if you safe one of the free slits. There is no obvious financial risk if you will join it. All they are going to offer is to set up the innovative payment network that utilizing the very up-to-date technology and then it will run the private currency Q in that network. With the base of 2 tons of Q, that will be worth about $1 per Q.

This might make you think of the pyramid or for the Ponzi system, whereby the scammer will trick the new depositors out of their hard-earned money and pay previous investors with the profits but no cash has changed the hands yet.

We would like to recommend that you stumble on the side of carefulness when it comes about to the Initiative Q. There is no anything as the quick scheme that works for you. Chiefly one might ask you to get in initially. And the promotion is completely pyramid type. We are not actually sure what is the real meaning behind the Initiative Q. It might be honestly trying to do what it actually claims. Or just be the scam to collect the lot of email IDs of the people who will sign up.

The latest Twitter posts from official Initiative Q

.@BitratesNews: “Initiative Q contains very good concepts needed to create the digital currency of the future and the honest-to-goodness intentions needed to improve how our economy functions in the digital age… It appears to have the clearest vision.”

We were so busy with the new app (install it and reserve Qs) that we could have done a better job updating about our progress. Here's a recent interview with Saar Wilf, Initiative Q Founder, describing the project and recent developments. Going strong!

We are happy to introduce the Initiative Q app. Once the system is launched, users will be able to use the app to make payments, etc. You can reserve additional Qs both for installing the app yourself and for inviting others to do the same. Login to your account to learn more.

Initiative Q has a new Economic Advisory Board. Three economists will join Lawrence White, who has accompanied Initiative Q since its inception: Marc Rysman of Boston U, William J. Luther of Florida Atlantic U and James Caton of North Dakota State U.

Bonne nouvelle pour nos amis francophones. Le site d'Initiative Q est désormais disponible en français. Bienvenue chez les pionniers du paiement de demain !

Quick update: We are working hard on the Initiative Q mobile application. This app is the first element of the Initiative Q payment system and will serve as the basis for the future payment app. Stay tuned!

Another important milestone hit this month – 5M users! Currently, the countries with most users are Brazil, US, UK and India. Thank you for believing and joining us on this journey. Please invite those friends who have not signed up. Together, we’ll create the future of payments!

"There seems to be a strong push back against Initiative Q 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.”

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