All you want to know about Libra.

“This “Libra Association” currently has 28 members. They are mostly payment processors, tech and telecom providers, venture capital managers, and a few nonprofits. Facebook itself is represented by a newly-formed subsidiary, Calibra.”

“Unlike Bitcoin, Libra won’t be “mined” by solving math problems. It will be fully backed by financial assets, which the association says will consist of cash in various currencies, government bonds, and similar short-term debt. All will go into a “Libra Reserve” as users contribute money, and each Libra unit will be a share of that account. Its value will fluctuate against conventional currencies, but not by much (or so they hope).”

http://news.goldseek.com/MillenniumWaveAdvisors/1564319148.php