Recently, Facebook has announced the release of its own digital currency 'Libra'. In this lecture, you will learn the basics of Libra, incl. the following aspects: What is Libra’s organizational structure? How can Libra be classified from a macroeconomic perspective? What is the expected impact on the financial sector and on industrial and developing economies in general? How does the Libra Blockchain work? What is Libra's impact on the monetary policy of national central banks?