Now it's just a PR problem of everyone believing they are in full control, when they actually aren't.
Now, in court, they argue that there's no expectation of privacy on Facebook.
They are just now telling you what you want to hear but that's probat not what they will do.
This isn't relevant to the Libra discussion, because of the way Libra is designed. You don't have to trust Facebook to trust Libra.
They built it this way because they know we don't trust them right now.
Do you really believe that each of these orgs, many traditional with whole legal departments, would sign on to a public association with this potential without crossing their i's and dotting their t's?
Don't trust Facebook, trust that the 27 other companies (and their lawyers) don't trust Facebook.
Unless all the contracts are public you have no idea what kind of backroom deals they have with different organizations.
It may sound paranoid but that’s the level of trust many people feel Facebook deserves at this point in time.