The "FAANG" (Facebook, Apple, Amazon, Netflix, Google) are now near a monopolistic position in their core areas and they are using it to make extra profits. But the are winds of war, e.g. Apple disallowing
segmentation for Facebook and Google or charging in in-app purchases to third parties.
Apart from Facebooks try with Libra, is there anyway they could start competing on the blockchain world? My take is that they should.
It's always about profits making, even if new innovative technology gets launched those who build it up did it to make money, as a matter of fact there is nothing that's completely free in this world, about libra and other I don't think it's necessary because we already have too many crypto coins right now, instead of building coins it's better to make use of the old credible crypto coins