I think libra can still launch if they can clear some doubt about their coin and it's use. Just like the statement made by the Congressman stating that they had a good idea. But the problem is what if it only agender is to disrupt every other financial system including bitcoin!?
I think Libra cannot launch, at least from now until the end of 2020. There are too many concerns of the US government around Facebook's project, the government will never approve the Libra project until they control the concern related to the project. Libra's case is like bitcoin ETF, the government will delay until they feel they can control the concerns.
