In just over a decade, cryptocurrencies have grown into digital innovations of the century, surpassing the role of traditional finances. An increasing number of investors have been paying attention and been investing in these trillion dollar technologies who have gathered experience and insights that they have translated into books. For a better understanding of the crypto world, here is our selection of the best books, worth a read.
Book N1: The Basics of Bitcoins and Blockchains by Antony Lewis
Mark our words, this one is a must read. Regardless if you are a beginner or an experienced investor, reading this book will help you understand the basics of cryptocurrencies or get back to past knowledge for some reassurance. On one hand, Lewis, with this book, gives an introduction to Bitcoin and other cryptocurrencies, with their full potential and value. As a parallel to the crypto universe he shares information about the intricacies of the banking system, as a more traditional financial system. On the other hand, the dominance of blockchain, its mechanisms and importance are passionately explained. With insights on top blockchain platforms, the influence of smart contracts this book opens new horizons for potential investors. Additionally, Lewis addresses crucial topics such as risk assessment, scam detection, cryptocurrency exchanges, digital wallets, and regulatory frameworks, ensuring readers are well-equipped to navigate the dynamics of crypto investments.
Book N2: Blockchain Basics: A Non-Technical Introduction in 25 Steps by Daniel Drescher
Learning from the best professionals who have experienced pretty much every inconvenience is considered as a huge bonus to your overall knowledge. And “Blockchain Basics: A Non-Technical Introduction in 25 Steps” is actually written by one of the best banking professionals. Daniel Drescher has poured out his whole knowledge and real life experience in his book without using technical jargon, complex code, or difficult formulas. His main goal is to highlight the importance of machine learning, big data analytics, and automation digital security protocols. If you strive to understand how blockchain works, why it is necessary, how well it copes with critical challenges and its impact on the traditional financial system, then take a look at these pages. After all, it’s not considered the cryptocurrency manual for no reason.
Book N3:The Truth Machine: The Blockchain and the Future of Everything by Michael J. Casey and Paul Vigna
Another groundbreaking masterpiece is considered to be “The Truth Machine: The Blockchain and the Future of Everything” with its view on personal privacy. Basically the blockchain is explained as a form of freedom for the individual by providing more secure transactions, with participants having full control over their data, personal information, assets, and identities. It’s been awhile since the traditional financial institutions were holding the dominance over our finances. With the rise of cryptocurrencies, the downsides over our privacy were becoming more obvious. With many examples like credit card frauds, it is more than clear that traditional financial systems are struggling with modern day challenges. However, the solution over this paradigm lies in the blockchain, created to redefine many industries.
Book N4: Bitcoin Billionaires by Ben Mezrich
Based on a true story, “Bitcoin Billionaires” follows the journey of the Winklevoss Twins after their legal battle with Mark Zukenberg over Facebook and their significant role in shaping crypto history. The moral of the story is to embrace digital evolution and changes. A chance of luck opened the door for them to a new and exciting adventure called Bitcoin. By November 2017, with their smart investing the world referred to them as the Bitcoin billionaires. Described as a delightful exploration of crypto’s early days, Wallet recommends this book as a must read for those interested in better understanding the intriguing developments within the cryptocurrency universe. For aspiring investors this might be the best high motivational book.
Where Can You Use the Knowledge From These Books
In order to be successful in the always evolving cryptocurrency world, same as the financial world you must learn from others and yourself. Frist of all, there are tons of things you can do with Crypto. Investing and doubling or tripling your money. Building a portfolio and watching the market. In time, you will get the hang of it and become a crypto player. The use of crypto is not only for the financial market. You can purchase stuff online and even do some entertainment activities with it. Whether that be a game from a Metaverse or playin in a crypto casino you can get the maximum out of crypto. For example, even if you are up for having fun and enjoying some online crypto gambling, then you must be well informed on the top ethereum casino – fresh Webopedia rating. I think the books we showed in this article are more than “doing your homework” because you know what others did and how they did it, and you know how to move from there. Knowledge is power, and with these books, you are using it 100%!
Markus lives in San Francisco, California and is the video game and audio expert on Good e-Reader! He has a huge interest in new e-readers and tablets, and gaming.