While the power of the internet is undeniable, the vast expanse of information available over it can be hard to comprehend, especially if the user is a beginner. But to learn something fully, one should explore all gateways of information and knowledge, including books written by experts.
One arena that has blossomed over the internet in the last few years is the cryptocurrency space, where most participants have relied on word of mouth or the internet to seek information. But if the internet is not quenching your thirst for knowledge on cryptocurrencies, then some books can be your perfect resolve.
Books restrict the periphery of information to only what is factually correct and are usually free of opinions and commentaries. Choosing critically acclaimed authors can help restrict your homework on cryptocurrencies and work in a streamlined manner.
On that note, here are 7 books on cryptocurrencies that investors can consider as their refresher guide this year to better understand the workings of the crypto world.
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“Mastering Bitcoin” by Andreas Antonopoulos
In a parallel universe where crypto investing is considered to be a full-time occupation, Antonopoulos’ “Mastering Bitcoin” seems to be the Holy Bible. The book is a beginner level guide on the workings of bitcoin and provides a microscopic lens on the technology behind it. It covers some crucial subjects such as blockchain and the bitcoin wallet, which have become everyday phenomena in the world of investing.
“The Age of Cryptocurrency: How Bitcoin and the Blockchain are Challenging the Global Economic Order” by Paul Vigna and Michael Casey
Another beginner-level guide for investors, this book maintains a positive and hopeful tone on crypto investing. The book covers the wider motive behind the rise of cryptocurrency as an asset class and how the unique digital currency represents much more than just a tradeable online token. The authors bring out a comparison between the global financial crisis and the rise in popularity of cryptocurrencies.
“The Bitcoin Standard” by Saifedean Ammous
Another great read on Bitcoin is Dr. Ammous’ The Bitcoin Standard, which discusses the global decentralisation movement that bitcoin represents. The book highlights how, with bitcoin, users can take charge of the currency that they deal in. No central authority has the right to issue the currency, allowing users to take control of currency payments. This itself is a powerful idea that the author has touched upon and could be the foundation stone on which later versions of digital currencies are born.
“The Basics of Bitcoins and Blockchains” by Antony Lewis
Author Antony Lewis was formerly associated with crypto exchange ItBit, which makes him the perfect guide on the topic. The book boils down the deep and technical aspects of blockchain into an easier and more comprehensive language, which all types of users can understand. It is one of the few books that takes a deep dive into the technical underpinnings of blockchain and provide a factual view on the topic.
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“The Starfish and the Spider: The Unstoppable Power of Leaderless Organizations” by Ori Brafman and Rod A. Beckstrom
The unique name of this book comes from the fact that when a spider’s head is cut off, it does instantly, as any other animal would. But when a starfish’s leg is cut off, it grows a new one and the separated leg can even grow into a completely new starfish. The authors beautifully translate these wildlife phenomena into the real world by comparing top-down organisations with spiders and crypto platforms with starfish.
Image description: Many books on crypto highlight the importance of decentralisation.
“Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond” by Chris Burniske and Jack Tatar
The book covers the journey of digital assets and how the world reached the point where it recognizes digital tokens as valuable, trade worthy assets. It is also a great book if one is starting on their crypto investment journey and is perfect to gain a new perspective on the world of investing.
“Digital Gold” by Nathaniel Popper
The book by Nathaniel Popper takes an unconventional turn in analysing the early days of bitcoin. It provides a perspective from South American and Asian millionaires who were key players in conceptualising and popularising cryptocurrencies. These include the Winklevoss twins and the ever-popular faceless figure, Satoshi Nakamoto.
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