No one believes this. It's a fiat token under the control of multiple corporations, none of whom are going to agree on anything anyway.

I think if it ever actually does emerge it's going to look very, very different to the proposal as there's been instant uproar from the establishment.

It'll be a similar trajectory to Paypal. Paypal's original vision was strikingly similar to Libra then it got punked by banks and governments until it was the soulless annoyance it is today.