very agree ... because facebook coin has never been in circulation and in any market ... so we have never known how the durability and strength of the coin ...
Facebook credits is pegged to fiat currencies and the ultra rich providing the bags of cash. Sure it will be strong enough as long as the node gang wants.
FB coin will never be a threat to bitcoin. If users will only be educated about the differences of libra vs. bitcoin, I bet in the end, they will choose bitcoin. Who would want to expose their identity to these big companies that are in partnerships with libra coin? I sincerely think that those partners will have access to most of the financial transactions of their users. Privacy is at stake with this coin.