Are you looking for some good books on cryptocurrency? There are plenty of them out there, but these are our top picks.
There are lots of books on cryptocurrency, but they often cover similar topics or focus on specific aspects of the space. These are the ones we recommend reading if you want to get a broad overview of the topic.
We've picked out ten great reads on cryptocurrency from around the web. They range from beginner guides to advanced technical analysis, the history of cryptocurrencies and everything else to do with crypto.
What is Cryptocurrency
Cryptocurrency is digital money (or digital currency) that uses cryptography to secure transactions instead of relying on central authorities like banks. It's completely decentralized, meaning it doesn't have any single point of failure.
The first cryptocurrency was Bitcoin, which launched in 2009 as open-source software. Since then, many other currencies have been created, including Litecoin, Ethereum, Ripple, Dash and Monero.
These digital currencies have become increasingly popular over the past 10 years due to their independence from traditional financial institutions. This means users can make purchases without having to go through a bank or credit card company.
Cryptocurrency is increasingly seeming like regulation will be needed to keep things safe and stable. In fact, the U.S. Securities and Exchange Commission has already warned investors about ICOs, saying: "ICOs may offer returns based on an expectation of future profits, rather than earnings generated by underlying business activities."
To learn more about crypto regulation, check out my blog post below:
https://portfolio-hub.co.uk/blog/58/is-cryptocurrency-regulated-uk-2022
What is the Blockchain
A blockchain is essentially a public ledger that records every transaction ever made using a particular currency. This means that when you make a purchase using bitcoin, your payment gets recorded on the blockchain, along with all previous payments going back to its genesis block (the first ever payment made on the network).
This makes it easy to trace the path of any given coin because you can simply look up the blockchain to see where it came from.
Blockchains also allow people to create their own tokens, known as "coins," without having to rely on an intermediary such as a bank or government. The most well-known example of this is Ether, the token used by the Ethereum platform.
1. Mastering Bitcoin by Andreas Antonopoulos
The book is a comprehensive guide to the world of cryptocurrency and blockchain technology, written in an easy-to-understand style that will appeal to anyone interested in learning more about this exciting new field. It covers topics such as how bitcoin works, what it’s used for, how it was created, its history, and much more. This book also provides readers with practical advice on how to use bitcoin safely and securely.
Get it here: https://amzn.to/3zpYEVU
2. The Basics of Bitcoins and Blockchains by Antony Lewis
This book is designed to help people who are just getting started with cryptocurrencies. It explains the basics of how bitcoins work, including how they are mined, how transactions are verified, and how cryptography protects against fraud. It also discusses the different types of blockchains and their applications.
Get it here: https://amzn.to/3zPOLCE
3. The Book Of Satoshi by Phil Champagne
This book is a collection of essays from some of the most influential figures in the crypto community. In it, you can learn about everything from the origins of bitcoin to why we need decentralized systems like the blockchain. You can read all these essays online or download them to your Kindle, Nook, iPad, Android tablet, or smartphone.
Get it here: https://amzn.to/3PSFj6R
4. Cryptoassets by Chris Burniske
Cryptoassets is one of the first books to provide a thorough introduction to digital assets. It explores the potential of the blockchain and smart contracts, and shows how they could be applied to many real-world use cases. Cryptoassets includes chapters on security tokens, stablecoins, initial coin offerings, and other emerging technologies.
Get it here: https://amzn.to/3cWEtrf
5. Blockchain Revolution by Don Tapscott & Alex Tapscott
Blockchain Revolution is a thought-provoking look at the future of money, business, government, and society. The authors argue that the rise of distributed ledger technology has the power to change nearly every industry, fundamentally altering our lives and the way we interact with each other, companies, governments, and even our own self. They explore how the blockchain might affect health care, education, finance, energy production, agriculture, transportation, manufacturing, retail, media, politics, and more.
Get it here: https://amzn.to/3cXcJCB
6. The Blockchain Developer by Elad Elrom
Blockchain developers have been using the blockchain since 2011, but now there are thousands of apps built on top of the technology. If you want to build your own app, then you need to know how to code. But if you don't know any programming languages, you may not be able to create your own app. That's where The Blockchain Developer comes in. This book teaches you how to develop your own apps using Solidity, Ethereum's language for writing smart contracts.
Get it here: https://amzn.to/3vwf4uU
7. The Infinite Machine by Nick Szabo
In The Infinite Machine, Nick Szabo argues that the blockchain is a general purpose computing platform that allows us to make decisions based on facts instead of opinions. He describes how the blockchain can be used to solve problems in areas ranging from voting to identity management to healthcare. He also explains how the blockchain can be extended to support additional functionality.
Get it here: https://amzn.to/3zQ6ycR
9. The Fiat Standard by Saifedean Ammous
The Fiat Standard is a must-read for anyone looking to understand the role of fiat currency in today's economy. Author Saifedean Ammous examines the relationship between fiat currencies and gold, and he looks at how central banks around the globe manipulate interest rates and print money to keep economies afloat. He also takes a close look at the US dollar and the Euro, two major fiat currencies that have led to runaway inflation.
Get it here: https://amzn.to/3vv3AaO
10. The Disciplined Trader by Mark Douglas
The Disciplined Trader is an essential guide for anyone interested in trading cryptocurrency. Mark Douglas walks readers through his approach to trading, which emphasizes discipline over emotion. He shares his strategies for identifying opportunities, managing risk, and executing trades. He also provides advice on when to buy and sell, as well as tips for avoiding common pitfalls such as greed and fear.
Get it here: https://amzn.to/3Sjrz6C
Summary
Cryptocurrencies are becoming increasingly popular, and their popularity is growing rapidly. However, cryptocurrencies are still relatively new, so it’s important to learn about them before investing or speculating. In this article, I've listed my favorite books on cryptocurrencies. These books cover everything from the basics (what exactly is a cryptocurrency?) to advanced topics (how do blockchains work?).
I hope you have found this blog post helpful. If you did enjoy the post then please share it with your friends on social media and consider leaving some feedback below!
Thanks for reading 😀
FAQ
How do I choose the right cryptocurrency book for me?
It depends on what you wish to learn more about and whether you are a beginner or a more advanced investor. Consider your goal: if you want to learn more about the history of Bitcoin, blockchain technology, Ethereum, or other digital assets, or whether you are interested in investing – then take your pick.
Source: finbold.com
Are older crypto books still worth reading today?
Usually, with other trading and investing books, it doesn't matter as much if a book is a bit older, as even though the market may have changed a lot, the general principles have stayed the same. The same applies to crypto books; however, the crypto industry is rapidly growing and evolving, so newer books are recommended. However, older crypto books can still be relevant if they are about the history and fundamentals.
Source: finbold.com