Libra: Facebook Has A Huge Competitive Advantage But I Remain Cautious

This week, Facebook (FB) released its plan for "Libra crypto". The company unveiled a consortium to create an open-source digital currency called Libra, set to launch in the first half of next year, which would allow consumers to send money around the world easily and for free.

Libra is made up of three parts that will work together to create a more inclusive financial system:

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