"no private entity can claim monetary power, which is inherent to the sovereignty of nations" - very bizzare statement. What's "monetary power"? If it's the pow

"no private entity can claim monetary power, which is inherent to the sovereignty of nations" - very bizzare statement. What's "monetary power"? If it's the power to make certain medium of exchange legal tender, Facebook certainly didn't claim that, moreover, by very definition of it such power can not belong to a private entity - a private entity can not force German government to accept taxes in Libra, for example. The power to set legal tender is inherently governmental power, and there's no need to proclaim this banality as something that isn't obvious by definition. On the other hand, there are thousands real and virtual moneys that exist and can be exchanged for real and virtual goods - from game money to crypto tokens to vouchers to points and miles, and so on. There is literally thousands of entities that create means of exchange that later can be exchanged for goods, and commonly are - and nobody has ever had trouble with that, at least not in any free countries (in USSR, you'd got no miles for flights :). So what changed?