While Facebook's Libra doesn't compete against any open, public, permissionless, borderless, neutral, censorship-resistant blockchains, it *will* compete against both retail banks and central banks. This is going to be fun to watch.
Facebook's Libra will cause people to question the properties of the US Dollar and how the banking system works.
And as we all know, once you begin to question it, all roads lead to bitcoin.
Facebook and #LIBRA. I feel a huge #FOMO and bull run for crypto is on its way.