Is Diem a good rebranding for the Libra token that will be soon launched by Facebook?

It seems that Facebook did a rebranding of the Libra token name to Diem, which means day in Latin in order to escape from some consequences of the regulatory hurdles. The Diem will operate as a dollar-backed digital coin and is announced to arrive as early as January 2021. With this rebranding, just one question should be answered...

Is Diem a good rebranding for the Libra token that will be soon launched by Facebook?

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