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"acebook has finally revealed the details of its cryptocurrency, Libra, which will let you buy things or send money to people with nearly zero fees. You'll pseudonymously buy or cash out your Libra online or at local exchange points like grocery stores, and spend it using interoperable third-party wallet apps or Facebook's own CaLibra wallet that will be built into WhatsApp, Messenger and its own app. Today Facebook released its white paper explaining Libra and its testnet for working out the kinks of its blockchain system before a public launch in the first half of 2020."

"After the first read-through of the white-paper, I noticed in the section "the-libra-currency-and-reserve" and others parts of the white paper that libra doesn't respect some of the basics of an Open (Libre) and Free Monetary System."