- Facebook does not control Libra, it is 1 of 28 (will be 100 by 2020) companies (several are competitors) that do. Facebook developed it and will definitely ha

- Facebook does not control Libra, it is 1 of 28 (will be 100 by 2020) companies (several are competitors) that do. Facebook developed it and will definitely have the largest wallet deployment (at least at first, likely for a good while), but they don't have a structural advantage in governance or validation over any other member company, and anyone can develop wallet apps for Libra. - Validators can take transaction fees, as most cryptocurrency nodes do, but we're likely talking very tiny fees. The primary money from Libra for members comes from the underlying basket of asset's appreciation, which members get dividends of as pay back for being part of the network. The REAL money is in the massive economic opportunity that could be built on top of a successful Libra though.