You could be right! Time will tell.
But as I've argued in the post, for crypto in general Libra seems to be a very powerful catalyzing force, crypto on-boarding potentially billions of people worldwide, who will be acquainted with Bitcoin and other value-providing blockchains and crypto currencies, giving people a choice.

The way I see it, Libra will enable people to spend crypto (most arguably: Bitcoin) via the Libra Found Partners infrastructure. Crypto won't be "for techies only", but genuinely mass-adopted. What else could be expected in the case of mass-adoption than the "powers that be" being active in crypto as well?