On June 20th, Red Star News Special Commentator Pan and Lin Fawen pointed out that Libra is still only a special token used in a specific online community or business circle. Since it is a token, then it is replaced by The possibility of legal tender is too idealistic. As a kind of stable currency, Libra is actually nothing new. Before this, Gemini has issued GUSD, JP Morgan also issued JPMcoin, and it once triggered many associations, but still not yet See what they are doing in the global payment system. In addition, no matter whether the virtual currency has the ability to replace the legal currency, as long as it appears in the form of currency and forms an alternative relationship with the legal currency, it will always be unable to circumvent the regulatory issue. At least under current conditions, a “global currency” that is not regulated by governments is unlikely to be accessible in countries around the world. Looking into the future, assuming that virtual currency is indeed a major trend in the future, then the premise of countries to release the "global currency" must have established a global unified payment and liquidation supervision system.