>+ Facebook/Zuckerberg will defy the gov.s and launch Libra. They could try but they'll be doing so in the face of laws designed to combat money laundering and

>+ Facebook/Zuckerberg will defy the gov.s and launch Libra. They could try but they'll be doing so in the face of laws designed to combat money laundering and funding of terrorist organisations. This isn't remotely on the same level as what AirBnB were doing when they decided to flout local laws around rental properties. >I think Zuckerberg has come (or already know) to the realization that these institutions "added value" is navigating the regulations/laws of the different countries. That's what will likely make Libra a non-starter in most countries. Financial institutions have already invested significantly to ensure their business practices are compliant with both local and international law. They won't allow Facebook to start undermining that.