Facebook is the antithesis of everything Satoshi stood for.
Should we, as the crypto community, boycott their effort?
I wouldn't be surprised if Facebook tried to use their massive wealth and lobbying arm to try and push for laws that favored their crypto and somehow harmed others.
It wouldn't be the first time that a company had engaged in lobbying and rent-seeking to harm competitors.
It is early to say that we should boycott the Facebook coin, as I've heard about that coin, it is less volatile than other cryptocurrencies and much better security. Well, we all don't know what's behind that coin until they launch their coin. So let's wait and see its potential. As we all know, Facebook is very popular, so they can use their influence to advertise their coin better and a fastest way they can.