I posted on Tuesday Asia time the launch was coming, and indeed it did.

  • Facebook's alternative financial system centres on 'Libra'. their cryptocurrency
  • FB has 27 partners in the venture, including Mastercard and Uber
  • Facebook hopes to expand that by the start of 2020 to 100 partners
  • FB wants this to become the basis for a new financial payments system:

"It feels like it is time for a better system

This is something that could be a profound change for the entire world."

- David Marcus, head of Facebook's blockchain technology research