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On June 18, Facebook announced the Libra cryptocurrency, a solution to their P2P payments conundrum. As to be expected, this move has gotten a lot of attention. In China, that attention has taken the form of comparing Libra to Tencent's breakthrough Q Coin as well as how WeChat has integrated payments.\nKey questions:\n\n What is Q Coin?\n What's the difference between a virtual currency and a cryptocurrency?\n What is the relationship between Libra, Calibra, and Facebook?\n Will China ever have something like this?\n\nLinks\n\n Everything you need to know about Libra, Facebook\u2019s ambitious cryptocurrency\n Can Facebook\u2019s Libra replicate WeChat Pay\u2019s digital payment dominance?\n Facebook, Libra, and the Long Game\n FACEBOOK\u2019S CALIBRA IS A SECRET WEAPON FOR MONETIZING ITS NEW CRYPTOCURRENCY\n Become a member of TechNode Squared\n\nHosts \n\n John Artman, @knowsnothing, TechNode\n Matthew Brennan, @MattyBGoooner, ChinaChannel\n\nEditor\n\n Peter Isachenko\n\nPodcast information \n\n iTunes\n Spotify\n RSS feed\n Music: "Theme from Penguins on Parade" by Lee Rosevere, Music for Podcasts 3