The ambitious plan behind FB’s cryptocurrency, Libra

> So far there are 28 partners, including payment networks like Visa and Mastercard; fintech firms like PayPal, Coinbase and Stripe; VCs like Thrive and Andreessen Horowitz; NGOs like Kiva and Women’s World Banking; telecoms like Vodafone; and software services like eBay, Lyft, Uber and Spotify.

There are many companies that would have made a huge deal if this was their proposal: think, for example, Amazon, Ikea, AliExpress.

And, of course, they are competitors. But if the facebook proposal is really that open source, open capital, and anyone can join the fund, can be heard, can vote and can implement the transactions on their plattaform... well, take just Amazon or Aliexpress and it will be good news for consumers worldwide.

Governments, on the other hand, won't like that that much. I don't know if they will be able to regulate/outlaw such currency, and there will come hard times of legal battles over it. But, for the first time, I see a real and strong use for criptocoins.