Dear @btuniverse

Interesting choice of topic. Upvote on the way :)

Facebook and their new idea of launching Libra (would it even be considered cryptocurrency?) is definetly bringing loads of attention lately.

I've even watched youtube video by Andreas Antonopoulos ("Libre Not Libra: Facebook's Blockchain Project") and he brought this topic as well. It's really worth to watch it:

It's important to mention, that right now all FB did = released their whitepaper. It's a long way from this point to launching your own token. Especially if you're representing such a huge audience. I can still remember how uneficient, expensive and slow BTC was at the beginning of 2018 when traffic skyrocket for a time being.

Will facebook manage to create such a strong infrastructure that would allow their project to run smoothly? Just in less than 2 years? That will surely be a challenge.

Also I wonder how FED and central banks would react to Libra. After all it's direct competition to existing monetary system.

As with most cryptocurrencies, the Libra consortium will charge a small fee on all transactions from your digital wallet

WELL DONE!

Pseudo-free transactions (like STEEM blockchain claim to provide) are not a good solution. Nothing is ever free and what most current crypto are doing (including steem) is pretending that they are free and pushing cost at everyone else (by selling STEEM on market, to cover cost = costs related also to those "free transfers").
Fees should be deducted for each transaction and those tokens should be burned (send to NULL; send to not existing wallet).

Yours,
Piotr