A large section of Facebook users are oblivious or indifferent to the discussion we are having here. Most of these users are not tech savvy and that is one of the reasons why they are oblivious or indifferent to our discussion. And precisely because of this reason the adoption of Libra by this group of people is likely to be muted.

However, even after discounting for this group and those who dislike Facebook for the unsavory things they have done, Libra is likely to be adopted by millions of Facebook users, which we think will be less than 100 million in the first year of its operation.