Ok, let's think about the facts we have:
- FB intentions are far from collaborating with Steem, the evidence is that Libra's logo resembles too much the Steem logo. Since they have more users they will claim it's his idea and trust me, 90% will blindly believe FB without doing a research.
- FB business is to sell others people data to other companies and governmental institutions... they don't care what the purpose of those 3rd parties is, business is business. Ok, let's see what do you think about privacy when some personal photos of you or your family members ends up in adult sites... not so harmless now are they?
- FB could (and probably will) allow crypto to go mainstream on their own, if Amazon and Uber alone start accepting Libra, then Libra use case could be twice as much of bitcoin all time high. Then, people could be curious about the other little coins and a waterfall effect my start and lift other cryptocurrencies alongside with Facebook's coin. For this to happen, steem platform must innovate twice as fast as it does today. We will need smoother keys management tools, we need more appealing User Interfaces, and we need use cases for Steem that Libra could not offer.
That will be about it, FB are bad news to the goal of the decentralized economy proposed in 2009 with Bitcoin because it has the potential of shooting down the competition. But it is a good news for business-oriented people of the crypto ecosystem... this will divide the community again between those who want to be in crypto for making profit (a legitimate goal) and those who seek freedom and privacy (count me in this group).
Adding all that up, I think FB is good news because everyone will be aware of crypto and its potential. Also, those who are on crypto for the quick grab will most certainly land on FB coin, thus letting great projects such as Steem for people interested in other objectives like freedom, censorship resistance, and privacy. Finally those who are seeking for these characteristics and still are not aware of what they can have with platforms such as Steem, will first land on Libra and when they found out that is more of the same sh.t they will focus sight on Steem or another similar platform.
I will check your excel blog, best regards.