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What is InitiativeQ ?
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Every Q network member wants to know how valuable Qs can become. If Initiative Q succeeds in creating a world leading payment network, it is expected that all Qs reserved today for members will eventually be granted at a value of roughly one US dollar per Q.
The following economic model explains the reasoning behind this estimate and the mechanisms used to maintain the long-term value of Qs along with the growth of the Q network.
Q monetary policy
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InitiativeQ
JOIN FREE and GET USD FREE 125 Left
What is InitiativeQ ?
Ans-
Every Q network member wants to know how valuable Qs can become. If Initiative Q succeeds in creating a world leading payment network, it is expected that all Qs reserved today for members will eventually be granted at a value of roughly one US dollar per Q.
The following economic model explains the reasoning behind this estimate and the mechanisms used to maintain the long-term value of Qs along with the growth of the Q network.
Q monetary policy
- Every currency needs a sound monetary policy, in order to maintain public trust in its long term stability. A currency whose economic value fluctuates rapidly complicates trades and finance, damages the economy, and eventually pushes people to use other currencies.
- To maintain purchasing-power stability, the total amount of money in the economy (the “money supply”) should grow on pace with economic activity and the corresponding demand to hold money. In most countries money supply is primarily controlled indirectly, through incentives given by central banks to private banks.
- Initiative Q also needs a monetary policy to maintain the currency’s stability, but as a global electronic currency, it is not bound by these historical limitations, and can use more advanced monetary instruments while relying on accurate real time economic data. These monetary instruments are detailed below.
- It should be noted that Initiative Q’s monetary policy will eventually be overseen by a monetary committee that is directly accountable to all Q holders, and independent of the Initiative Q corporate entity.
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InitiativeQ
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