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Re:Diem – A rebrand of Facebook’s Libra by tw04 on Sunday December 06, 2020 @10:12PM (#25329005)
> Basically, I think the underlying idea is valuable - low-cost, fast, reliable, accessible money transfers - clearly something missing right now in this world, even for the "global rich" (citizens of first-world countries), let alone for the "unbanked".

I can send money to friends via PayPal or Venmo completely free. What’s missing?

Re:Diem – A rebrand of Facebook’s Libra by ac29 on Monday December 07, 2020 @05:04PM (#25338266)
Its not too fast (from bank account to bank account takes 1-3 days or so). Venmo is also arguably not free, since it contains ads now.