With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.
Would the people actually use Libra should it be approved by the congress?
I think congress should not accept it. because it will undoubtedly be the most profitable business ever due to the extra business of crypto trading, where there is great demand.
But they will certainly be the largest money laundering business in the world because governments and the SEC will not be able to control the money flow in this decentralized market. It will make a big hole in the US economy in the future.