What happened to Libra? Facebook cryptocurrency

Many of us are wondering what happened to Libra, the Facebook cryptocurrency? Honestly, I haven't read any news about this cryptocurrency for a long time and that's why I decided to write this so that my community of readers can be aware of everything. Some years ago the Facebook cryptocurrency called "Libra" was viral but currently we do not have enough news about it, but I woke up this morning seeing a post on Twitter that talked about this cryptocurrency, I started to investigate a little what has happened with Libra the Facebook cryptocurrency and here are my conclusions.

What is the purpose of Facebook's cryptocurrency?

This "decentralized" payment system does not give me anything good to think about because we all know what is behind this company, many accusations and bad reviews due to the alleged massive spying thanks to the use of intelligence. Facebook Libra cryptocurrency pretends to make financial transactions with just a message, but this is not as easy as it seems as the company Meta also wanted to circumvent the international regulatory authorities and for this to happen they have to place many headquarters around the world including countries like Geneva, Switzerland and some others.

Is the Facebook cryptocurrency project dead? If so, why is the project dead?

Yes, it seems that the Facebook cryptocurrency project is dead because they can not do anything with the regulations imposed by the United States of America, according to financial news sources the Facebook cryptocurrency project has left losses of which we still do not have the knowledge. I would like to dig a little deeper into this and find out exactly what was the purpose of this project because honestly the social network Facebook has been dragging a bad reputation due to accusations of massive spying by artificial intelligence.

What is Meta's goal with Blockchain technology?

Currently I don't quite know what these people have in mind, but I do have something very clear that whatever they have in mind will be to spy on all of us massively guys. But I should mention that a cryptocurrency is being developed that intends to be called "Zuck Bucks" according to current outside sources guys. I would like to mention that the idea of making a payment with a simple message may cause regulatory bodies to no longer have the same authority they have today in international finance.

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