The answer is: even if any of the above held, Facebook are doing it to: (1) build a giant sucking data-miner atop all consumer commerce; (2) print their own m

The answer is: even if any of the above held, Facebook are doing it to: (1) build a giant sucking data-miner atop all consumer commerce; (2) print their own money in such quantities that governments can't tell them what to do any more; (3) establish themselves as providers of the digital identity standard for the world, so that you need to go through Facebook to use money at all. There are those who have proposed Libra-like basket currencies seriously; Yanis Varoufakis seriously proposed that the Libra 1.0 plan would be a great idea - if done by a public institution such as the IMF, and not by a private company. https://archive.is/YKgQ9 https://archive.is/YKgQ9