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2) I don't believe so. 3) The hope is you don't have to use an intermediary coin.

davidgerard 6y ago
They have declared that they will not access the data. However, Facebook makes extensive use of shadow profiles of people who aren't even Facebook customers. They could certainly add Diem blockchain data to those, as they will have access to said blockchain via Novi, their Diem wallet. David Marcus and Mark Zuckerberg have both stated that data from Novi will not go to the Facebook advertising engine. However, Zuckerberg and Facebook's track record on such promises is that they consistently do this anyway. Then Zuckerberg apologises, then he does it again. Just by looking at Facebook's past behaviour, you can assume that an important purpose for Diem is to collect personal information. Because everything they do is to collect personal information.
- skinkestek 6y ago
  > Because everything they do is to collect personal information. Are you really really sure that some of the things Facebook (and Google) does aren't done just to spite us ;-)?
- baby 6y ago
  As I said elsewhere this is not related to Novi. Novi is just a wallet using DIEM, and will have its own users (like any wallet or bank or trading platform has). That being said, there is a lot of work being put in making sure that FB doesn't have access to Novi user data. Of course, sometimes one employee's mistake can lead to infringement of a claim, so to avoid that good frameworks have to be put into place.
  - davidgerard 6y ago
    What other Diem Association members have even announced plans to issue a wallet? As I understand, that number is presently zero. (Please correct me if I'm wrong on this.) And unhosted wallets won't be allowed - all consumers will need to transact via a Diem Association member. So Diem usage really is 100% Novi for the known future.
    - baby 6y ago
      Hey David! I'm actually unsure about these so I'd rather not comment besides the fact that Diem being 100% Novi would be bad (or useless) yes.

They have declared that they will not access the data. However, Facebook makes extensive use of shadow profiles of people who aren't even Facebook customers. They could certainly add Diem blockchain data to those, as they will have access to said blockchain via Novi, their Diem wallet. David Marcus and Mark Zuckerberg have both stated that data from Novi will not go to the Facebook advertising engine. However, Zuckerberg and Facebook's track record on such promises is that they consistently do this anyway. Then Zuckerberg apologises, then he does it again. Just by looking at Facebook's past behaviour, you can assume that an important purpose for Diem is to collect personal information. Because everything they do is to collect personal information.

skinkestek 6y ago
> Because everything they do is to collect personal information. Are you really really sure that some of the things Facebook (and Google) does aren't done just to spite us ;-)?
baby 6y ago
As I said elsewhere this is not related to Novi. Novi is just a wallet using DIEM, and will have its own users (like any wallet or bank or trading platform has). That being said, there is a lot of work being put in making sure that FB doesn't have access to Novi user data. Of course, sometimes one employee's mistake can lead to infringement of a claim, so to avoid that good frameworks have to be put into place.
- davidgerard 6y ago
  What other Diem Association members have even announced plans to issue a wallet? As I understand, that number is presently zero. (Please correct me if I'm wrong on this.) And unhosted wallets won't be allowed - all consumers will need to transact via a Diem Association member. So Diem usage really is 100% Novi for the known future.
  - baby 6y ago
    Hey David! I'm actually unsure about these so I'd rather not comment besides the fact that Diem being 100% Novi would be bad (or useless) yes.