[UPDATED] Facebook Has Announced Its L̶i̶b̶r̶a̶ (now Diem) Cryptocurrency: Why This Is Important To You

Bitcoin and Venmo have been navigating their way through the waters of financial transactions, but now here comes Facebook’s L̶i̶b̶r̶a̶ (now Diem) cryptocurrency — and it’s being seen more as an attempt to introduce a new, Internet-age U.S. dollar than just another digital fad.