24 February 2024
Whether they're prepared or not, investors can't deny the rising impact of Cryptocurrency and blockchain technology on the financial markets. Investors who are interested in Cryptocurrency or are considering diving in deep might benefit from reading one of the many informative books available on the subject. Thank goodness, there exists a wide variety of well-written readings that cater to readers with varying degrees of monetary literacy, from those interested in learning the fundamentals of blockchain technology in accessible language to those interested in more sophisticated books.
Even if audiobooks have emerged as the preferred method of disseminating information about Cryptocurrencies, reading a good book is still the best way to educate yourself regarding Bitcoin, Ethereum, virtual commodities, as well as the rest of the Cryptocurrency ecosystem.
Also Read: The Future Of Banking In Metaverse
Following are the 5 best Cryptocurrency books that one should read and gain maximum knowledge about Cryptocurrency in 2022:
1. The Basics of Bitcoins and Blockchains by Anthony Lewis
For both Rosencrance and Wallet, Lewis' Cryptocurrency is an absolute must-read. Lewis does a great job of introducing people to Cryptocurrency and explaining the value of Bitcoin and other Cryptocurrencies. In addition, he explains the function of banks and the development of currency throughout time. An accessible introduction to blockchain technology, The Basics of Bitcoins and Blockchains covers the fundamentals of Cryptocurrency and distributed ledgers. Learn about blockchains, how they function, and why they're significant with this book! It explains what blockchain is, how smart contracts work, and what you should think about before investing in Cryptocurrencies. It also covers the dangers of putting money into Cryptocurrencies, how to spot a fraud, where to buy and sell Cryptocurrencies, how to store your Cryptocurrency, as well as the rules and laws around putting money into Cryptocurrencies.
2. The Bullish Case for Bitcoin
Vijay Boyapati's The Bullish Case of Bitcoin presents a compelling argument for Bitcoin by breezing over the background of money, the characteristics of other currencies, and the reasons why Bitcoin is the finest value store and form of currency on the planet. Boyapati also suggests Bitcoin may replace traditional currencies in his book. Before becoming a book, The Bullish Case for Bitcoin was published as a lengthy essay. The writer explains how Bitcoin works and the reasons it is superior to gold as well as other fiat money that came before it. For those who have read Boyapati's extensive piece, his new book, The Bullish Case for Bitcoin, is a great next step since it develops his views further. Also, the book's introduction to Bitcoin isn't too scientific, so it's perfect for newcomers to the Cryptocurrency.
3. Mastering Bitcoin: Programming the Open Blockchain, 2nd Edition by Andreas M. Antonopoulos
Rosencrance claims that the information included in this technical Crypto book is what is needed to partake in the "internet of money." For so many, Andreas Antonopoulos is the go-to guy when it comes to Bitcoin as well as the wider open blockchain community. Three Bitcoin companies were formed by him, and he sits on the boards of directors of other Bitcoin enterprises. Readers new to Bitcoin, as well as business leaders and investors, will find a helpful explanation of the Cryptocurrency in Mastering Bitcoin: Programming the Open Blockchain. For engineers, designers, network engineers, as well as software architects, there is a part that explains how Bitcoin and other Cryptocurrencies function. In this article, Antonopoulos discusses the Bitcoin protocol, P2P networking, architecture, transaction lifespan, as well as security concepts.
4. Check Your Financial Privilege
By all accounts, Alex Gladstein's Check Your Financial Privilege is the most engaging Bitcoin book currently available. Gladstein is not just a writer, but also a Bitcoin evangelist, a contributor to Bitcoin Magazine, and the Chief Strategy Officer of the Human Rights Foundation. The premise of his book, Check Your Financial Privilege, is that the other 89% of the world's population is born into a weaker financial system than those who are born into a reserve currency like the euro, pound, or yen. He cites situations in which people in such nations benefited from Bitcoin's increased use, or in which those who had saved in Bitcoin were protected from the devaluation of their local currency. Gladstein explains how, for those who don't live in the financial district, Bitcoin represents freedom from inflation, obsolete financial systems, as well as political warfare. He even goes so far as to claim that Bitcoin has the potential to prevent death.
5. Blockchain Basics: A Non-Technical Introduction in 25 Steps by Daniel Drescher
Professional with years of experience in banking Daniel Drescher uses a straightforward method to explain blockchain-based solutions in 25 stages, without any reliance on technical jargon or complex mathematical or programming calculations. Drescher agrees with the significance of automated trading, big data, and machine learning. This Cryptocurrency book explores how blockchain jargon might shake up the banking industry. Revelations into the necessity of blockchain and the kind of issues it may address will be provided to the reader. It excels at elucidating the mechanics of blockchain as well as the value it brings to enterprise-level use cases.
Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice.