WARNING! This has all of the disadvantages of a central bank because it IS a central bank.
A central bank credit card. It is NOT decentralized and is NOT a cryptocurrency. It's listed on this site only because the way it's marketed could easily lead people to believe it is. In fact, if you dig deep into their website, you find a page where they regurgitate all the arguments against cryptocurrencies that have already been debunked. InitiativeQ is a centrally controlled credit card/ money system. If you want to try it out anyway, click the "Invite" button below.
InitiativeQ will not work without centralized DNS.
It will not work without central servers.
User accounts are not in the user's control. They're controlled by the service provider. An uncensorable and unstoppable monetization system is NOT supported.