2. Libra has the attributes of a stable currency, focusing on the application of payment and settlement functions, and can quickly complete transaction transfers. Complete efficient business needs at low cost.

3. Libra is managed and issued by a multi-centered association to stabilize the value of Libra. The combination of multi-field institutions is conducive to the promotion and application of Libra (some members of this association include: Mastercard, Pyapal, Visa, Ebay, Coinbase, Uber and other members from different industries and institutions)

4. Libra can play its hedging function to a certain extent when it is in international circulation, and at the same time it can promote the flow effect of capital. Its design is relatively outstanding in terms of currency design, and it is very convenient and practical for countries in underdeveloped regions.

5. Libra's programming language Move has good development potential and logic constraints for digital currency smart contracts. The static class system enables most bugs to be found before they are run.

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Libra’s Pain Points

1. Under the severe impact of regulation, we can also find that regulation is the biggest problem facing Libra at the moment in the two recent congressional hearings, and compliance is a major bottleneck.

2. Privacy and security flaws, I think this is the biggest flaw of Facebook's Libra. User privacy has been taken to dark web transactions, data leakage and other flaws are also key issues that congressional regulators have questioned Libra. This is a flaw that is hard to avoid. Libra’s vision is too large, and security must be the most worried and concerned issue of regulators.

3. Libra is not the only one. Mr. Ren Zhengfei also revealed in the interview that China can also issue its own Libra. The strength of the country must be much stronger than that of an Internet company. This is actually very correct. I think Libra's final approval must be possible only with the intervention of US state agencies. Chinese people have already fully accepted digital payment, such as WeChat Alipay Cloud QuickPass, banknotes have almost disappeared, so if the Chinese state issues a common stable digital currency, the international competition will be huge. (PS. It would be good if Libra is handed over to the United Nations. It is unlikely that it will be done entirely by Facebook. I personally think that this international general settlement digital currency should be issued by the United Nations.)

4. Decentralization is both an advantage and a pain point. The more than 20 core institutions that joined Libra are all leading companies in the industry.... They will become too powerful... In the future, a lot of discourse power will be controlled by these powerful people inside. A friend shared an interesting point of view, saying that with Alipay, depositing money in Yu’e Bao can still earn interest... But Facebook Coin is directly that you use money to buy its equivalent stable currency, and users do not have any interest or interest at all. Profit....All profits will only go to shareholders and nodes...so no one will convert cash into Facebook coin except for the urgently needed cross-border business.

The above 10 points are a summary of Future’s personal views on Libra, hoping to give those who want to know more about this project a quick and easy understanding of the project. If you like it, you can pay attention to it and explore more value analysis of future blockchain.