Libra to hook into all your payments, bills, etc. And if they offer loans? Make payments or get locked out of your identity (!!!), can't pay your debts? Ok, here's your new repayment plan...
Sounds like banks on steroids.
And in doing so, it will work for a platform that can access all of your personal data. Facebook uses your data more than you know. In this case, you can easily understand that it has nothing to do with the crypto entity.
Libra will not do more than the banks do. It's just gonna be a little easier. What do you need Libra? We already have top model Bitcoin&Tether already!