It's not just that - it's what Libra aspired to. Fundamentally, it was wild crypto ancap dreams, where money works like you want because you want it to. Nobodies can say that stuff, because they don't matter.

When some ICO bozo says that, regulators sigh and say "fine, just don't break the laws. Oops, you broke the laws good and hard. Let's have some serious discussion."

When a company with a continent-class user base says it's going to mess with the money ... governments get super upset.