And Facebook clearly isn't a bank. If Facebook collapsed, half of the world would cheer and bailing them out with - supposedly - taxpayers money would be politi

And Facebook clearly isn't a bank. If Facebook collapsed, half of the world would cheer and bailing them out with - supposedly - taxpayers money would be political suicide. Even with Libra Facebook wouldn't be bailed out because people wouldn't lose their savings since Facebook is just a wallet. With this regard, FB would even be safer than banks, it's like deposits are automatically insured, yet there is no limit to the amount being insured (no 100k cap). There more I think about it, the more I feel Facebook really screwed in terms of communication, they were really naive and there were much better ways to present this project.