Ain't gonna touch on your 1st and last points because I don't know enough about that. Regarding your second point, of course they're gonna abstract it. There's

Ain't gonna touch on your 1st and last points because I don't know enough about that. Regarding your second point, of course they're gonna abstract it. There's no way in hell people would trust it if it were labeled as Facebook Libra. The only way for it to get any momentum is by people being tricked into thinking it's some sort of an independent entity that happens to be supported by Facebook and others. I don't buy it, and neither should anyone else. Even if they make just 5% of the profit that Libra generates... somehow, that's still 5% more than Facebook would receive otherwise. It ain't even released yet, and I already know that I'll go out of my way to avoid ever touching it. I assume most of HN readers will do the same.