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Failure atlas

Diem

A proposed currency and wallet system that did not launch as designed.

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What to keep

Diem, earlier called Libra, was a permissioned design with a reserve and a known set of members.

It faced regulatory opposition and did not become a public payments network. The association later wound the project down.

A careful design and a licence are different facts. This page records the second.

What this is not

Not a complaint, not a price chart, and not a complete history. Primary sources outrank this summary.