In the other hand, the website started to work on 2018, but the point is during more than one year after that, there was no sign of the founder and team members. But right now, they put some names and pictures to explain the team behind the project. But why didn't say anything about this team for almost one year?
Founder of Initiative Q has been known since 2018, I don't think that was ever a secret. As mentioned on the website, its
Saar Wilf.
Here are few articles about him and Initiative Q from 2018. Right from the beginning he started explaining that it's not a scam. That really tells you everything that you have to know about Initiative Q, when founder has to defend legitimacy right from the beginning. Huge red flag in my eyes, as if it looks like a scam, it most likely is.
Initiative Q Is Not a scam, Not a Cryptocurrency. Founder Saar Wilf Sheds Some LightSaar Wilf really doesn’t want you to call Initiative Q a pyramid scheme: The Modern Consensus interviewThis person claims to work om paypal. then, why there is nothing on about page? And why paypal never noted his name? My strongest theory is he was never working there.
Hm, if you are talking about Lawrence H White, he is economics professor, I really doubt that he ever worked for PayPal. He is known for supporting cryptocurrencies though for quite some time. Here is an article written by him where he talks mostly about Bitcoin, but mentions Initiative Q as well
https://www.cato.org/blog/bitcoin-after-10-yearsHe is a bid defensive though when it comes to his involvement in Initiative Q, as seen from this response in the article that criticized Initiative Q
Thanks for linking to my Alt-M pieces on “Bitcoin After 10 Years.” I’m not sure how you missed the relevant passage, but the piece does mention Initiative Q, complete with a disclosure of my having advised on it. Like Hayek, I do favor letting lots of private currencies compete, and letting consumers decide which ones they want. I’m not one of Initiative Q’s founders, but I was happy to work with the founders on its monetary model.
I don’t share your reading of banking history. Like other economists who’ve studied it (see
https://econjwatch.org/articles/do-economists-reach-a-conclusion-on-free-banking-episodes), I think free banking was a success in the 19th century. “Wildcat banking” problems were rare, and laws for freer entry into banking were spreading across the United States before the Civil War. The US National Banking Act of 1863 was a wartime finance measure, not anything to do with wildcat banking.
On the other hand, Intiative Q founder Saar Wilf
sold his company to PayPal back in 2008 for 169 million USD. Might be that he ran out of money, so it was time for Intiative Q.
I really hate how these scumbags connect climate change with bitcoin mining and all even after it has been debunked on several occasions.
Yeah those are just buzzwords, that they know people react good at. I mean, who doesn't want to protect the environment, right?
Holy shit this is a scam? My cousin send me this via facebook messenger last night and he said he tried it. I didnt bother to check it though what was inside of that invite link. as Ive browsed this one on scam post just now. I will message him about this wnd probably say sorry that it could be an HYIP project.
Yeah I've seen the same on Facebook too, people sharing this Intiative Q MLM scheme, and it was mostly people that knew nothing about cryptocurrencies, as that's their target audience, people that don't know really how all this functions. And when you add 'free money" into equation, they switch off their brain completely, similarly to Pi Network craze.
