[tgb29]

It's very possible this initiative will be low impact. Most people don't care about currency -- they just want to spend their money in the terms they're used to.

My one concern: if the libra's value is based on a basket of assets, will US users still see the value in terms of USD? Will French users see their value in Euro? Will the value of my USD change based on the basket of securities backing libra?

I just want an easy solution to send money cross borders. Someone in Mexico right now owes me $80 and there's no easy way to do this. If she could send it to me through WhatsApp with a near zero fee I'd see the value in libra.

[helen___keller]

>My one concern: if the libra's value is based on a basket of assets, will US users still see the value in terms of USD? Will French users see their value in Euro? Will the value of my USD change based on the basket of securities backing libra?

I don't know what the UI will be like, but I guarantee that there will be an exchange rate of USD to Libra and it will shift as USD's value shifts against other currencies in the basket.