"It is really much more like WeChat payments or Alipay or whatever than anything else. The cryptocurrency part is largely a smokescreen and marketing." Exactly

"It is really much more like WeChat payments or Alipay or whatever than anything else. The cryptocurrency part is largely a smokescreen and marketing." Exactly. Why FB added this hocus-pocus isn't clear at all it isn't needed (WeChat does fine without it). A WeChat payment system that would permit individual FB account holders to send "F-Bucks" to each other at low cost would vastly disrupt the remittance payments system.