[reginold]

There are four options for Facebook to add payments:

1. Their own Paypal-like system

2. Partner with a Paypal

3. Their own cryptocurrency (ie Libra)

4. Partner with a cryptocurrency

Do I have that right? And for some reason #4 allows them to be global and not face antitrust concerns in the USA.

[TomSwirly]

Apparently so. How that works as a matter of law escapes me.

Had you told me in the 1980s that anonymous individuals would create thousands of new currencies backed for the most part by nothing at all, with the stated intent of evading all government regulation (what I would have called "crime" back then), and that the regulatory agencies would simply pretend it didn't exist, I would have laughed.