Enrique Dans
Published in

Enrique Dans

IMAGE: Diem (Meta’s stablecoin project) sinking under the sea

Goodbye, Diem! So what did Zuckerberg do wrong?

Diem, the stablecoin project formerly known as Libra launched by Facebook — now Meta — in June 2019 is selling its assets and closing up shop following the departure a couple of months ago of David Marcus, who headed the project.

As someone who was against the idea of a currency managed by Mark Zuckerberg’s company from the very beginning, I welcome the news. But the question…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store