Cryptocurrency: GovCorp CBDC's - Libra Rebrands to Diem, aka per-diem

[grarpamp]

https://www.diem.com/en-us/updates/diem-association/

When you adopt and use GovCorp coins as your primary
store and transact... Per-Diem is exactly what you will
get from them... nothing but abuse and a life of slavery,
surveillance, control, censorship, tax, war and handouts.
Don't fall into their trap, stay away, shout them down in
every venue, fight, whatever it takes... GovCorp digital
currencies must never be allowed to prevail.


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Facebook-Backed Libra Association Has Renamed Itself "Diem"
Fri, 12/04/2020

Isn't it interesting how we are once again hearing about the
Facebook-backed Libra currency only now that Bitcoin has gone on a
meteoric run back to all time highs?

Perhaps getting closer to a launch with Bitcoin near highs, The Libra
Association is rebranding itself as The Diem Association, it said in a
press release early this week. Is it possible people knew the name
Libra and already weren't taking it serious enough? Or is the
organization simply trying to distance itself from Facebook?

"The Libra Association announces the adoption of a new name and the
recruitment of key executives, reinforcing its organizational
independence," it said on Tuesday. The organization said it "will
continue to pursue a mission of building a safe, secure and compliant
payment system that empowers people and businesses around the world."

Stuart Levey, the Diem Association’s CEO, said: “The Diem project will
provide a simple platform for fintech innovation to thrive and enable
consumers and businesses to conduct instantaneous, low-cost, highly
secure transactions.”

He continued: “We are committed to doing so in a way that promotes
financial inclusion – expanding access to those who need it most, and
simultaneously protecting the integrity of the financial system by
deterring and detecting illicit conduct. We are excited to introduce
Diem – a new name that signals the project’s growing maturity and
independence.”

The Association also announced it had appointed a slew of new executives:

    This includes the appointment of Dahlia Malkhi as the
Association’s Chief Technology Officer, Christy Clark as Chief of
Staff, Steve Bunnell as Chief Legal Officer, and Kiran Raj as
Executive Vice President for Growth and Innovation and Deputy General
Counsel.

    Additionally, Diem Networks has recently announced the appointment
of James Emmett as Managing Director, Sterling Daines, as Chief
Compliance Officer, Ian Jenkins as Chief Financial and Risk Officer,
and Saumya Bhavsar as General Counsel.

“This is a stellar group of executives and having the Executive
Committee of Diem Networks in place alongside existing leaders and
colleagues is a critical step for Diem to operate with appropriate
autonomy,” Levey claimed.

With its team in place and its shiny new name, the association says it
is "prioritizing technological and operational readiness for launch" -
whatever the hell that means.

“The evolution of the project results from constructive ongoing
engagement with governments, regulators and other key stakeholders,”
Levey said.


This begs the question: How soon before Facebook can censor what you
spend your money on in the same way they censor your right to free
speech?
"