Former Facebook Libra blockchain project leader, David Marcus, has just revealed that political opposition led to the collapse of this ambitious initiative. Libra, later renamed Diem, launched in 2019 to address global payment challenges through blockchain and stablecoin. Despite having addressed all concerns from lawmakers, the project was still halted due to political pressure. Marcus emphasized that a truly global financial system needs a decentralized network like Bitcoin for long-term success. 🚀