Is Facebook's Libra "Good for Cryptocurrency"

Libra. It seems like the whole damn world is talking about it right now. Facebook. Cryptocurrency. Buzzwords. World Domination. Government Overthrows. Shadow Banks. Let's talk about what Facebook's Libra means at a high level for the world of cryptocurrency and my general take on what Libra "means for the Bitcoin and cryptocurrency" industry at this point.

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** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**