Even though Libra will be HQ'd in Switzerland, FB control means US and State Dept. control by extension. If a Chinese company dominates payments for the unbanke

Even though Libra will be HQ'd in Switzerland, FB control means US and State Dept. control by extension. If a Chinese company dominates payments for the unbanked, the dollar and SWIFT partners hegemony ends and that lever is much weaker. Social network payments will be a "radical monopoly," and the ability to manipulate exchange rates on that platform gives absolute power over import/export prices. Probably not something you want to yield.