Today, bitcoin is a giant in the finance industry. It is only natural that any inexperienced person finds themselves to be interested in the intricacies of cryptocurrency. A means of payment in the global market, bitcoin was introduced in 2009 and has since gained value which is continuously increasing.
If you are interested in being a bitcoin trader and want to invest in cryptocurrency, you need to first educate yourself. Apart from the internet, the best source of knowledge about a particular subject are books.
The best books that you can read to increase your knowledge about this subject are:
- Mastering Bitcoin: Programming the Open Blockchain
- Blockchain Revolution: How The Technology Behind Bitcoin Is Changing Money, Business, and the World
- The Bitcoin Standard: The Decentralized Alternative to Central Banking
- Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond
- Blockchain Bubble or Revolution: The Present and Future of Blockchain and Cryptocurrencies
Contents
1. Mastering Bitcoin: Programming the Open Blockchain
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This is a book that will give its raiders a broad overview of the history of bitcoin and how it has become what it is now. With the introduction of a second edition, readers can now read further insights from Andreas M. Antonopoulos. This book is perfect for readers who are not well-acquainted with the subject.
The very first thing you will read about is the basic concepts that are ideal for investors. While the initial section is focused on investors and executives, the information that follows concerns development. This includes reviewing the blockchain network and detailing the factors behind a P2P decentralized blockchain.
The explanation that the author gives also touches on the topic of the ownership of bitcoin and how the private and the public key system allows for its global use. Antonopoulos thus succeeds in increasing the relevance of his work and broadens his audience. Since the author is well-versed with the topic; you will learn something of value after completing this book.
2. Blockchain Revolution: How The Technology Behind Bitcoin Is Changing Money, Business, and the World
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As the name suggests, the authors of this book, Don and Alex Tapscott, will deal with the technological impact of bitcoin. Cryptocurrency is thriving because of its harmony with technology, and this is precisely what this book explores. This book is primarily for readers who are initiated with the subject and want to gain more knowledge about the phenomenon.
The first section of the book is named ‘Revolution.’ The revolution in question was brought by none other than global open-source technology. This section includes a thorough explanation of the seven design principles of blockchain that are as follows:
- Network integrity
- Value as an incentive
- Distribution power system
- Privacy
- Security
- Inclusion
- Ownership rights
The second section is called ‘Transformations.’ And indeed, blockchain has transformed businesses, financial services like transactions, and the way we view technology in general. The final section is called ‘Promise and Peril.’ To get to know more market insights, read more.
Since blockchain applications can be expanded beyond cryptocurrencies, the possibilities to look forward to are endless. Even a skeptical reader can go through the book to read the details of the concept with an objective perspective.
3. The Bitcoin Standard: The Decentralized Alternative to Central Banking
Source: btcmanager.com
This is a book whose main objective is to explain all things bitcoin and how it could impact society once its full potential is unlocked. Dr. Saifedean Ammous sees bitcoin as an answer to many of the world’s unanswered questions. This book’s focus is on making transfers with a safe currency.
Today, centralized banks control the market, which is why having the autonomy of choosing cryptocurrency is liberating to any individual. Dr. Ammous also theorizes that because the dominance of central banks rose after the 2008 crisis, bitcoin was launched in 2009 as an alternative.
Cryptocurrency is seen as a viable option to choose instead of fiat currency by the author. He also explains why cryptocurrencies are a revolutionary idea when it comes to financing. The idea of the far-reaching effects of bitcoin is further expanded by presenting it as a global gold standard. The author is visionary and presents how society can undergo a positive change with cryptocurrency becoming mainstream.
4. Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond
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This book has the most straightforward division of sections, namely, What, Why, and How. Each section has something new to offer to the reader and provides unknown insight on the subject. The financial aspect of the crypto assets is explored by Chris Burniske and Jack Tatar through the role of technology, demand, and supply in the market.
As an investor who is just starting out, this book offers to get one acquainted with the primary principles so that you can build a firm foundation of knowledge.
This book also includes how important bitcoin was in terms of introducing new coins to the crypto market. These include Dogecoin, Ripple, ZCash, Monero, Dash, and Litecoin. Once you feel confident with the information gleaned, you can begin trading. To start trading now, click here.
5. Blockchain Bubble or Revolution: The Present and Future of Blockchain and Cryptocurrencies
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The authors of this book, Neel Mehta, Aditya Agashe, et al., deal with foresight and present their explanation on the future of bitcoin. For readers who do not have an arsenal of technical jargon, the authors create a space that provides information in a simple but detailed manner.
The reader can also familiarize themselves with the technical terms by reading the definitions provided. The purpose of this book is to look at the applications of blockchain.
The Takeaway
The idea for any reader, the books mentioned above are created so that each interested reader can satisfy their curiosity. To become well-versed in the intricacies of cryptocurrency, it would be best to begin with books that are written in a simplistic language. Once your understanding is developed, you can move further.
