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Initiative Q Rides Co-Opts the Fame of Bitcoin (BTC)

Published 11/13/2018, 11:01 AM
Updated 11/13/2018, 12:20 PM
© Reuters.   Initiative Q Rides Co-Opts the Fame of Bitcoin (BTC)
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Users of social media, Skype or other channels may have seen personal invite links to Initiative Q. The ads promise a bankless, peer-to-peer payment system similar to PayPal, but the payment does not involve a crypto coin. Instead, users receive a certain amount of a centralized digital currency. Based on estimations by Forbes, Initiative Q may be adding 100,000 new holders of the Q asset daily.

A mention of Initiative Q was noticed by Andreas Antonopoulos, one of the best-known Bitcoin proponents:

https://twitter.com/aantonop/status/1062154358308069376

Antonopoulos was critical of using the influence within the crypto sphere to promote a project that has nothing to do with applied cryptography. Initiative Q was also mentioned on the


This article appeared first on Cryptovest

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