I think Zuckerberg is betting central bankers will allow a social media cryptocurrency they might control. If Libra succeeds and becomes a successful currency, the BIS or the Swiss National Bank can take it over. If Libra fails, that’s Zuckerberg’s problem not the bankers.
Not surprisingly, Vodafone is researching next generation digital currencies or cryptocurrencies. In particular, Vodafone is a partner in Facebook’s (NASDAQ: FB) Project Libra cryptocurrency scheme.