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Hey @MarkMacLeanCSOC thanks for your reply to my comments about @InitiativeQ. I can see you’re quite sold on #InitiativeQ. I’ve dug into all the info on their site and I’m now even more convinced there are too many red flags for me to get involved with it. Here’s a thread:
To me it looks like a hybrid of Visa, Banks, PayPal, Apple Pay and a USD stablecoin. It’s not an investment opportunity, it’s a centralised corporate global payment network. As a private global bank, they can do whatever they want with your commercial bankmoney and data.
The Q money supply and monetary policy is controlled by a totally independent 3rd party (the “Monetary Committee”)! The supply, market and price will be fully manipulated to maintain value. It will be managed like a global fiat currency, what could possibly go wrong… ?
