Libra is the new Facebook cryptocurrency, that will come out next year.
It has generated tons of comments from nearly everyone - now including me, someone who has practically no money at all. And never will have.
My comment is in the form of a question "Why is Facebook doing this?"
The answer is somewhat surprising "Because it wants to show everyone it can do something no one else has been able to do: make perfect money - or nearly perfect money." This will enhance Facebook's prestige enormously.
It won't just be a social media site anymore, it will be a money site in a brand-new way!
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