Today, Facebook Pay, a native payment system for the products of the Zuckerberg galaxy that officially marks, in my opinion, the definitive end of the libra project which, in fact, even if it was launched, would overlap with Facebook Pay becoming a sort of duplicate. As numerous observers had already reported, including us who wrote it in numerous articles, it was quite obvious that Facebook's intention was to go and copy the Chinese WeChat, with the presentation of the new payment system this became obvious to everyone. Facebook Pay will debut this week in the United States and, subsequently, it will also be launched in other countries; the purpose, as stated by the company itself, is to offer users a convenient, secure and consistent payment experience between Facebook, Messenger, Instagram and WhatsApp.

Users will be able to top up their accounts with a credit card or paypal account, while with regard to the privacy issue, users' data will be securely stored and protected by encryption, which represents the minimum of decency, but if users hoped that facebook did not put his hand to this huge amount of big data sorry to disappoint them, this clearly will not happen. Information on the purchase such as the payment method, shipping and contact details will be collected and used to show users on the platform the most relevant content and announcements; with the launch of Facebook Pay, therefore, we get closer to the concept of social commerce, users will be able to sell and buy goods and services directly via social media, for example the events managed through facebook will be able to proceed with the sale of tickets directly from the social network or make collections funds. Clearly the company was keen to point out that all this has nothing to do with pounds, just as clearly, as I have already mentioned, the repercussions on the launch of the crypto made in facebook will be inevitable; the longer, in fact, the time for the launch of the coin will be longer the temptation to let the project die, which, I repeat, is currently the most likely scenario.