Another fantastic post by Forbes for why we should all be wary of project Libra "[Facebook's Libra Coin Is Both 'Vampire Project' And Regulatory Nightmare](https://www.forbes.com/sites/kenrapoza/2019/06/20/facebooks-libra-coin-is-both-vampire-project-and-regulatory-nightmare/#70ce53c31067)", Like I mentioned in a previous post here I have strange alarm bells ringing because It seems similar to another project white paper that I have been following, Element Zero - whether there's an actual correlation or not who knows! [Element Zero foundation is a not-for-profit organization with a stablecoin that completely removes volatility.](https://www.elementzero.network/) So, I'm not too keen to get on board, knowing that solutions are already out there, who don't have a bad history. Facebook had a big name and following once, but the platform is declining in popularity and many of its recent developments seem to be grasping at straws. Libra as development is not strong enough to bring a company that's already in decline back. Moreover, blockchain adoption at the cost of enforcing centralized surveillance so big powers can keep their monopoly on society is unacceptable. we ought to contemplate whether this is healthy and worth giving away our purchasing information.