Facebook Libra coin don't need KYC. They have so much more data on the 2 billion people. Not just name, id, address, phone number. They know your family, friends, real-time/historic location, what you like... They know you more than yourself. And now your wallet too. Best AML!

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.

The most important part of the Facebook announcement is that every user of a Facebook property will get a digital wallet eventually. Almost 1/3 of the world will be onboarded to cryptocurrencies. This is incredibly bullish for Bitcoin.

We are now officially in the "bargaining" stage of the 5 stages of grief for traditional financial services. In order to bargain, the financial industry made a deal with the devil and got a fake blockchain in return.

It took less than 5 hours for European governments and central banks to start screaming about how Facebook’s cryptocurrency “can’t and must not” work 😂😂 https://t.co/iSGV1UFjHZ

Satoshi should win the Nobel Prize

┏┓ ┃┃╱╲ in ┃╱╱╲╲ this ╱╱╭╮╲╲ house ▔▏┗┛▕▔ we ╱▔▔▔▔▔▔▔▔▔▔╲ convert fiat into Bitcoin as often as possible ╱╱┏┳┓╭╮┏┳┓ ╲╲ ▔▏┗┻┛┃┃┗┻┛▕▔

Facebook and #LIBRA. I feel a huge #FOMO and bull run for crypto is on its way.

Bitcoin broke $9,000 while I was away. Current increase from low is 50% per month. I should go away more often:)

Is Facebook's Libra a real blockchain? No. Will it compete against #Bitcoin and truly open, public blockchains? Never. #LibreNotLibra https://t.co/MQkpPUuedE

**Breaking News** Craig Wright has registered the copyright for the Libra whitepaper

Took this in Havana this afternoon. Believe it or not, this is not a car show. It's a parking lot. https://t.co/oRSGaJoosC

Libra sounds fairly well designed as a permissioned system, but it is facing quite a few long-term challenges. Oh, and it's not a blockchain. https://t.co/B3pRC8860J

Binance Research Report - First Look: Libra - An in-depth review of Facebook's long-anticipated entry into cryptocurrency https://t.co/s4xlGDHVPb

European Central Bank President Mario Draghi just I hinted at new interest rate cuts and more QE. Add in the May 2020 Bitcoin halving and you have the perfect storm. Cut rates. Print money. Make BTC more scarce. Long Bitcoin, Short the Bankers!🔥

Instagram, the Facebook owned company, is down today. Also today Facebook announced their new coin, Libra. Hopefully their financial network will not go down too! Bitcoin has never gone down 🚀

Many ask whether I'm afraid the Government may try to assassinate me. Of course they will try. It's America for Christ's sake!!

Today, one of the largest organizations, one with 2 billion population (1/3 of the world's population), released their #crypto coin. What are you doing with your organization?

After reading some more stuff about Libra I am even more bullish on Bitcoin.

Which FAANG company will be next to announce a stablecoin? Amazon?