Topic: Will Initiative Q be the New Bitcoin? - page 2. (Read 427 times)

How sure are you even to say that it will beat BTC? I agree with what bitfocus has stated here, if it completes its project it could be claimed as a great altcoin but it won't be claimed as the one who will replace BTC, but I don't wanna be biased here, I just really think that it shouldn't be claimed as a competitor since there are more Alts that shows worthiness on beating BTC but none of the alts even actually did.

Initiative Q is never a competitor to Bitcoin as it is a new project and has never gone through the test of time, which Bitcoin has, is and still undergoing yet still very strong. Initiative Q is just a good project on its own and the team will surely do all that's needed to make it a success BUT never to be compared with Bitcoin.

the new initiative can never be said to be a worthy competitor with bitcoin as it has been a great trend the bitcoin and blockchain technology has kept over the years and the record on the technology is still clean with no errors on algorithm or whatsoever. i will ok the initiative to be  a good altcoin but not an alternative bitcoin.

Lol, Q has the concept of centralization. It's impossible to replace bitcoin, I'm not sure that such a concept will create a solution for the cryptocurrency. I think you have to read carefully, how Q is offered based on technology not based on the language of the ad.

nope, if they are a success, they will become just another altcoin, if they fails, they will just join the rests. but they are marketing calling them similar to Bitcoin - it is misleading people and such things are semi-fraud, in case of ethics, and must fail in the long run.

Initiative Q borrowed the concept of airdrop from the crypto world!

I have a feeling they will end up launching a cryptocurrency in future.

It can't be the new bitcoin or an altcoin because it isn't a cryptocurrency. I doubt very much it is going to be successful. It looks more like a multi-level marketing scheme to me - asking everyone to "recruit" 5 friends for more rewards. It is worth nothing and depends entirely on adoption to become valuable, but do you really think the people chasing "get rich quick" MLM schemes are going to be motivated to spread this "currency" for widespread adoption? I doubt it.


Sounds like bitcoin to me.

Nope, if this project is successful, it could be a great Altcoin, but can never become or beat Bitcoin.

https://www.forbes.com/sites/lelalondon/2018/11/01/is-initiative-q-the-new-bitcoin/#5b7d0a10783f

Interesting project that's so crazy it actually kind of makes sense...:

"Initiative Q is not, in any way, a cryptocurrency. But it might just be the new Bitcoin.

In just four months, the 'payment system of the future' has built a network of nearly three million adopters by offering ever-decreasing sums of their future currency in exchange for an e-mail address."

The more people there are who are willing to use a currency and trust it, the more value it has...

The founder goes on to say,

"The world needs a better payment system. We are glued to its existing infrastructure and the only other option is cryptocurrency, which I don't believe answers the real problems.

Crypto - like all currency - has built its value based on trust but is decentralised from government. It circumvents the systems, which I think most people realise can be as bad as it can be good. We want Q to become mainstream and that's why we give it away for free to those willing to promote it."

"We want to make all financial processes both easier and faster. We want people to be able to pay for a meal like they would an Uber. To use artificial intelligence to allow families and businesses to share accounts. To have an international currency that can be traded and shared without the ill-equipped processes that are currently in place and cost so much time and money. We want to use technology to trade smarter and more secure."

Genius idea or doomed to fail?