Online Income – Way 3 – Initiative Q – Updated

Initiative Q is an initiative started by the Israeli entrepreneur Saar Wilf, the creator of Fraud Sciences, a cyber-security company acquired by PayPal in 2008 and supported by the well-known economist Lawrence H. White, a professor at George Mason University, also a member of the Cato Institute.

What is Initiative Q?

Initiative Q is creating a modern payment network that will aggregate the best innovations in the industry. Initiative Q will allow safe, fast, and painless transactions, using a global currency.

Many of the ideas that Initiative Q will include already exist in some form, but have gained only limited acceptance due to a classic chicken and egg barrier: No buyer wants to join a new network with no sellers, and no seller will offer a payment option that no buyer uses. Initiative Q overcomes this barrier by creating incentive for its adoption and use in the form of Q–the currency that Initiative Q will grant for free to its early adopters.

What founder says about ?

Initiative Q – Everything You Need To Know! With Founder Saar Wilf and OJ Jordan
https://www.youtube.com/watch?v=_ifcqEN_oRA

Initiative Q: Scam or Challenge to the Crypto-world?

Initiative Q is not a crypto but a project dedicated to the creation of a global payment network of the future with its own currency, no intermediaries or banks, and with very low international transaction costs. Its slogan, in fact, is “Q is tomorrow’s payment network”.

However, Initiative Q will not be based on blockchain for now, but on unspecified “new payment technologies” and, unlike the best-known cryptocurrencies, it will be a partly centralized monetary system with a payment reversibility feature.

In order to realize this new financial network, I.Q. proposes 7 steps that must be undertaken in order to replace the current payments network:
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