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Sometimes those names make you wonder. Is it a bad attempt at name squatting? As in diem25? So that all the kids will think of FB currency first, when they hear diem25? Or is it the latin word "diem"? Did they mean to write "dime" and have a typo? And of course in typical FB fashion, the website will be garbage, if you don't allow all their abusive scripts.
Sometimes those names make you wonder. Is it a bad attempt at name squatting? As in diem25? So that all the kids will think of FB currency first, when they hear diem25? Or is it the latin word "diem"? Did they mean to write "dime" and have a typo? And of course in typical FB fashion, the website will be garbage, if you don't allow all their abusive scripts.
What is diem25?
Article title at the time of this post, in case HN editors change it: > Diem - A rebrand of Facebook Libra Understanding who is behind this is extremely relevant.
It is not the original title. They have already modified it. Original title was: > Facebook Diem (Facebook's Libra has rebranded) https://i.imgur.com/nS9FaV5.png
Earlier quoted context omitted.
It is not the original title. They have already modified it. Original title was: > Facebook Diem (Facebook's Libra has rebranded) https://i.imgur.com/nS9FaV5.png
Ah, thought I had caught it early enough, thanks for the correction.
Libra was interesting. With their basket of currencies and easily programmable contracts, it was a semi-unique project in crypto space. Over the months, their ambition has been cut a lot by regulators. No more basket of currencies, now just US Dollar. At this point I'm not sure there's any benefit to it being on the blockchain either.
Article title at the time of this post, in case HN editors change it: > Diem - A rebrand of Facebook Libra Understanding who is behind this is extremely relevant.
It is not the original title. They have already modified it. Original title was: > Facebook Diem (Facebook's Libra has rebranded) https://i.imgur.com/nS9FaV5.png
FB’s brand is suffering. They understand this themselves obviously. It’s best to liberate new products from the word “facebook” and make it appear as a seperate entity. That’s basically what this is.
I’m not sure about that. Whatsapp and Instagram are going in the opposite direction, they added Facebook in the Splash Screen.
With Google/Apple/Microsoft it's quite straightforward, everything they make is clearly their style, their brand. This is not the case with Facebook's properties, they don't have a unified design language or branding. So adding a unified splash is a step in "marking it's territory", I just hate the feeling of that.
Libra was interesting. With their basket of currencies and easily programmable contracts, it was a semi-unique project in crypto space. Over the months, their ambition has been cut a lot by regulators. No more basket of currencies, now just US Dollar. At this point I'm not sure there's any benefit to it being on the blockchain either.
Was there ever any benefit to using a blockchain - other than marketing BS, of course? It was always Facebook (or their chosen partners) who controlled the coin, so the blockchain was pointless - there never was any decentralized trust, as I understand it?
FB’s brand is suffering. They understand this themselves obviously. It’s best to liberate new products from the word “facebook” and make it appear as a seperate entity. That’s basically what this is.
I’m not sure about that. Whatsapp and Instagram are going in the opposite direction, they added Facebook in the Splash Screen.
"Your honor, we can't possibly spin off Instagram, it's now part of the core Facebook product!"