Here’s What’s Good…

Before Initiative Q is completely written off, it is worth acknowledging what the project has gotten right: Not only is it a monetary idea that has managed to avoid using the term “blockchain,” but its virality is the envy of marketers the world over. No payment protocol, or however Initiative Q can be described, has come close to matching its runaway success. You might be sick of hearing about it, but the fact that you are sick of hearing about it is testament to the nous of its savvy founder, Saar Wilf.

…And Here’s What’s Bad
While Bitcoin’s founder operated under a pseudonym, Initiative Q’s is using his real name. Yes, Saar Wilf is a real guy who’s soliciting recruits based on the premise of his currency, Q, being akin to “getting free bitcoin seven years ago.” Sign up today and you’ll be entitled to free Qs that could one day be worth $34,000. If that sounds like an expectation of future profits, you’d be absolutely right. If that sounds like the sort of scheme the SEC could shut down in a heartbeat, you would be equally correct. If you really want to capitalize on the next big thing, there’s this payment system you should check out. It’s called Bitcoin.

Sourced through Scoop.it from: news.bitcoin.com