Initiative Q Initiative Q is an attempt to create a new payment ne...

Q? is this related to Q anon? I remember signing up for this and they said i would get like $200K? liol this might be trump and jfk jr peoples FUTURE UBI system hah we will see

you could fund ubi based on selling meet and greets with trump and conservative celebrities' hah real life upvotes

Initiative Q
Initiative Q is an attempt to create a new payment network and digital currency. It was created by Israeli entrepreneur Saar Wilf, who previously founded Fraud Sciences, a payment security company acquired by PayPal. Initiative Q is backed by Cato Institute economist Lawrence H. White. Unlike Bitcoin the scheme would not take measures to evade state regulation. (Because trump wont regulate them lol ) Initiative Q's goal is to replace payment cards and paper money that use old infrastructure with a new payment system leveraging current-day technologies. It is "creating a new currency and distributing it to anyone who helps speed up adoption." The Q is not a cryptocurrency and is not decentralized, but will instead be overseen by an independent monetary committee, much like a central bank

sounds like dan larimer plan ... roughly 20 trillion supply maybe 1 trillion or 5% inflation a year for government expenditures?
Therefore, in order to estimate the value of all Qs, we need to estimate the volume of transactions on the network as well as the velocity of money.

Learn about the equation of exchange
Volume: The global volume of payment card purchases is over 20 trillion dollars annually. Since Initiative Q's unique distribution method solves the adoption problem and opens the gates to many new payment technologies (learn more),1 buyers and sellers will prefer it to payment cards. Q retail volume is thus projected at 5-20 trillion dollars, assuming successful worldwide adoption.2
Velocity of money: In the long term, Initiative Q’s goal is for Qs to be used as a primary currency, meaning its velocity should be similar to the global average of 2. This goal will be achieved by financially incentivizing the use of Qs for all types of transactions, including wholesale, salaries, and investments. Additionally, Q will have a target inflation rate of zero, making it more attractive as a long-term holding compared to standard currencies (which usually lose over 2% a year to inflation).
Nevertheless, it is reasonable to assume that in the early stages, members will hold reserves as low as one month’s worth of expenses, resulting in a velocity of 12.

Dividing the economic activity estimate in the event of successful market adoption (5-20 trillion dollars) by the velocity estimate (2-12) results in a total value of between half a trillion to 10 trillion dollars.