also visa & mastercard are backing it, so perhaps there will be some sort of entry/exit strat for dollars where they process and rake? while fb mines for more data from consumer habits/ad behavior?Facebook wants to make Libra the evolution of PayPal . It’s hoping Libra will become simpler to set up, more ubiquitous as a payment method, more efficient with fewer fees, more accessible to the unbanked, more flexible thanks to developers and more long-lasting through decentralization.
thats some e-corp shit right there.