Hi @crypto.poitr

You asked me my thoughts on this, so here they are:

I believe that Facebook wasn't fully aware of the backlash they would get when they announced Libra, (which btw is NOT a cryptocurrency but rather a digital currency). They probably assumed that they would be able to continue their global expansion into the market largely unchecked as been the case in the past.

Most people are content to let others do the heavy lifting when it comes to policing and figuring out what is acceptable or not in terms of regulation. But considering Facebook's history with mishandling public trust, I agree with you, we should be paying more attention to how the company operates and what it's true motives are.

Facebook claims that the move into the digital exchange market is a way to help their users save money by competing with the likes of Paypal and other online payment systems that charge exorbitant fees to use their services, and that may be true, but it's only part of the story. as many have pointed out, currency controlled by a non-democratically-elected board of largely massive corporations should send off warning signs.. And we have already seen politicians, and financial watchdogs ordering moratorium to halt Facebook from continuing development of Libra until more clearly defined regulations are in place.

It is in the central govt's best interest to monitor and track operations like these and I trust they will remain vigiliant in their attempts to thwart FB from achieving that level of financial control over it vast user base.. the big question is will Facebook honor the regulations, or continue to subvert these attempts and heedlessly follow their own agenda.