“Thus the federation of trust inherent in Libra, despite the loss of efficiency that entails: by not being in control, and by actively including corporations like Spotify and Uber that will provide places to use Libra outside of Facebook, and payment networks like Visa and PayPal that will facilitate such usage, Facebook is increasing the chances that Libra will actually be used instead of credit cards”

READ MORE:  Facebook, Libra, and the Long Game