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Facebook is expected to unveil accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams of an ambitious accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams to create a new global crypto-currency. A white paper outlines the plan for the accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams global currency. It will be the social network site's entry into the accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams financial services market. The accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams is called Libra. It is aimed at the accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams of people around the world who have no accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams account. Libra will let people send and receive accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams anywhere in the world with very low accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams. The banking will be done online via Facebook-owned apps. The 2.7 billion users of Facebook and WhatsApp will have accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams to Libra.

Analysts say Libra is like the Bitcoin crypto-currency. A big accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams is that Libra will be more accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams. It will avoid the huge accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams in value that Bitcoin experiences. Libra will be backed up by a accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams of major currencies, including the dollar. It will also have the accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams of multi-national companies like Mastercard and PayPal. Libra could revitalize Facebook's accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams. A finance company said: "We believe [Libra] may prove to be accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams of the most important accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams in the history of the company, to unlock new accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams and [generate new] revenue accessbackingbankbasketcurrencydetailsdifferenceengagementfeesfluctuationsfortunesinitiativeslucrativemillionsnewonepaymentsplanstablestreams."