Although, Jim Cramer has some beef with using the term "cryptocurrency" to describe Libra.
During Cramer's exclusive members-only Action Alerts PLUS Daily Rundown show on Monday, Cramer broke down his thoughts ahead of the white paper, calling Libra the "anti-Facebook."
"It's private. You can't crack it. The transactions will be private and that is anti-Facebook," Cramer explained.
The social media giant has also been under a lot of pressure from government regulators due to various privacy issues, and most analysts think Facebook's new crypto may give the company a big lift in more ways than one.
Cramer broke down some more of his thoughts on Libra in his morning column over on Real Money.
More From Cramer Today
Full: Jim Cramer Tackles Trump's Tweets, the Fed and Facebook's 'Libra' Cryptocurrency
Ask Cramer: 3 Signs a Market Has Gotten Frothy