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?
In my opinion, they should not accept Libra to function normally. You know, governments are unable to control the crypto market so the SEC has allowed the market to operate freely and without interference. So if a bad case happens, a Facebook business seeks money laundering and tax evasion, who will be responsible for that? Therefore, we need to be very careful with such a huge business, which can have a great impact on the US economy in the future.