IS DIEM (Facebook Token) REALLY A CRYPTO CURRENCY?

TL;DR: Diem, Facebook’s new crypto-currency (previously called Libra) is being heavily criticized by European governments while losing U.S. reinforcements because it wants to be the best alternative to the dollar, the euro and other currencies. Also, Diem is not really a crypto currency since it does not meet several requirements to be named as such. Finally, the direct comparison with Bitcoin…