I think a lot of small crypto projects on CoinMarketCap will died because of this.
My only concern is I just keep thinking Facebook are gonna swoop in and take up a lot stuff. All these small payments from Indian to UK. This is a moving market and things change all the time and very quickly.
Ripples main focus is cross-board payments for banks. The Uber and lyft thing BG has talked about before will be out the door if they are now partnered with Libra.
“Success will mean that a person working abroad has a fast and simple way to send money to family back home, and a college student can pay their rent as easily as they can buy a coffee” Facebook writes in its Libra documentation.