In the middle of June 2019, Facebook officially announced its cryptocurrency, Libra. However, it is not scheduled for public launch until 2020. What would this mean to consumers and businesses? Is Facebook the right platform for such powerful cryptocurrency? Would this mean global domination for Facebook? Will Libra pave the way for the majority of online users to fully embrace cashless transactions? From Discouragement to Enhancement Facebook wasn’t always an active proponent of cryptocurrency. It even banned ads related to cryptocurrency in 2018. Slowly, the ban was lessened and eventually lifted entirely. At the same time, Facebook dipped its toes