Libra  is the one thing that will make the blockchain circles the most "worrying" in 2019. In June 2019, Facebook brought Shengwei, the blessing of 27 giants, release officially the Libra white paper, which stirred up the currency circle. Everyone is calculating in their hearts. If Libra is the new digital currency, it will enter the daily life of 2.7 billion Facebook users.How a big plus it is for digital cryptocurrency!

However, this incident began to be suppressed by all parties. Less than half a year, six payment institutions have withdrawn from the Libra alliance. There is now only one Dutch payment company, PayU, in the Libra Alliance. Zuckerberg's idea of a global payment function currency seems to be dying. Will Libra eventually become a giant toy of the Zuckerberg family? The answer to this question is not so obvious, and it seems that we cannot easily draw conclusions with only one dimension.

This is the publishing value of "Understanding Libra". This book can meet with readers within half a year after the Libra white paper was published and fermented. With my rough understanding of the domestic publishing industry, it is just like Libra itself which is a miracle. Dr. Yongwei Chen, editor-in-chief, is an authoritative scholar in the field of digital economics in China. The editor lineup of this book covers all aspects of policy formulation, academics, applied research, and practical applications, especially the view of economics with deep financial practical experience such as Wang Yongli, Yao Qian, and Sheng Songcheng are very persuasive, well-interpreted and easy to understand. This book is small and I think it is worth reading to interested readers.