Whether the Libra Association with the leading role of Facebook in the market of crypto currencies can prevail in the long term remains to be seen. Ultimately, users always decide about the well-being and woe of a new product.
The question of whether we really need another means of payment can also not be answered so easily, and is a bit far always in the eye of the beholder. Certainly the competition is certainly reviving the business, but makes the market more forgettable for the users.
Because you must never forget that Facebook is one of the biggest data octopi ever, and whether you also want Facebook knows what you spend your money remains at least questionable.
In any case, we will continue to monitor the extent to which European data protection is maintained here, and will report on the worth of the Libra project even after the market launch.