Unless you have been living under a rock for the last months, you will know that bitcoin and crypto currencies have basically taken over conversations relating to money and currencies.
From an obscure industry that started barely 8 years ago with the creation of bitcoin, taken seriously only by very few tech geeks; currency traders and the make-quick-money online crowd; Cryptocurrency as a global means of exchange burst into the global consciousness with a vengeance in 2018.
With the world watching in disbelief, Bitcoin went from an exchange value of less than $1,000 to a giddy $19,000 in less than 60 days. This is apart from other cryptos like Ethereum, Litecoin and about 2000 others who soared in prices while most of the rest of the world scorned.
Now the frenzy is on as many people realized that this crypto craze may not just be a flash in the pan anymore. Many are now scrambling to learn as much as they can about this phenomenon.
Here are summaries of 9 books we believe will help you get a better handle on what the whole bitcoin and cryptocurrency mania is all about:
1) “Mastering Bitcoin” by Andreas M. Antonopoulos
Published in 2014, this is a key book to understanding the idea and concept of a decentralized currency based in the digital world. The book goes into the technology behind bitcoin, the purpose of bitcoin and the currency’s application in the real world. Readers learn how the currency works, the nature of bitcoin transactions and details about the bitcoin network.
There is also an interesting section on “bitcoin mining,” which is the process of how you can “earn” bitcoin by engaging in some computer analysis. The book also covers some critical concepts behind bitcoin, such as the blockchain and bitcoin wallet.
2) “The Age of Cryptocurrency” by Paul Vigna and Michael J. Casey
The authors are Wall Street journalists who make the case about the future of bitcoin and cryptocurrency in general. With bitcoin, a person can buy practically anything, from coffee to airplanes. Thanks to bitcoin, the prospects of a global financial system without any governing intermediaries are a reality, and the authors investigate this concept. This book seeks to answer the simple question: Why should anyone care about bitcoin? In this 2015 book, Vigna and Casey aim to demystify the cryptocurrency and its uses in the current cyber-economy.
3) “The Book of Satoshi” by Phil Champagne
The author aims to get people caught up on the key issues behind the creator of bitcoin, Satoshi Nakamoto. Champagne investigates who Nakamoto is, whether it is one person or a group, and how it was possible for Nakamoto to create bitcoin while remaining completely anonymous. The book contains actual emails and internet posts by Nakamoto, which are presented in chronological order. The text also includes a variety of technical bitcoin topics broken down into easy-to-follow layperson terms. The currency’s economic potential and implications are discussed, and a copy of the original white paper by Nakamoto, which started the entire concept of bitcoin, is included.
4) Mastering Bitcoin for Starters: Bitcoin and Cryptocurrency Technologies, Mining, Investing and Trading – Bitcoin Book 1, Blockchain, Wallet, Business
This book covers everything you need to know to get started with Bitcoin:
- Understanding the Blockchain and Bitcoin transactions
Where to keep your Bitcoin (how to choose a secure wallet) - Buying Bitcoin
- Investing in Bitcoin
- How to start accepting and using Bitcoin as a part of your business
- Principles of Bitcoin mining
- The security of Bitcoin, etc.
Also, the author will share with you interesting facts about Bitcoin and will give you professional tips on the start of your way in Bitcoin family!
5) “Blockchain” by Melanie Swan
This rather technical book is about the various aspects of bitcoin, including perhaps the most important innovation to emerge from bitcoin: the blockchain. This book argues and shows that the blockchain may become a disruptive computing paradigm. The author shows how the blockchain technology and network can be used to make data mining much more efficient, and make a variety of services better and more accessible.
6) “The Bitcoin Big Bang” by Brian Kelly
Brian Kelly describes the overall potential of bitcoin and explains the currency from an investor’s perspective in this unique bitcoin text. This book covers the various aspects of bitcoin, including its regulation in the markets, as well as how to invest and trade in alternative currencies. It goes beyond the usual introductory bitcoin information and explains how bitcoin is changing the internet and the entire finance industry.
7) “Digital Gold” by Nathaniel Popper
This book was shortlisted for the 2015 Financial Times and McKinsey business book of the year. Nathaniel Popper investigates the anonymous creator and beginnings of bitcoin and tells the story of the digital currency through the eyes of many of the currency’s central characters, including South American and Asian millionaires, the Winklevoss twins, and the mysterious and unknown creator of bitcoin, Satoshi Nakamoto. The author also analyzes bitcoin and makes comparisons of the digital currency to gold, stating how bitcoin may be the global standard for “store of value.”
8) Blockchain: Ultimate guide to understanding blockchain, bitcoin, cryptocurrencies, smart contracts and the future of money
In this book you will learn: What is the blockchain; How blockchain works; Difference between blockchain and bitcoin; Benefits of using blockchain technology; Disadvantages / dangers of using blockchain technology; Blockchain and the finance industry; Blockchain and other industries; Ethereum and other cryptocurrencies; Impact of blockchain technology; The future of bitcoin and blockchain… And LOTS more…
9) Cryptocurrency: 5 Expert Secrets for Beginners: Investing into Bitcoin, Ethereum and Litecoin. (Bitcoin, Blockchain, Ethereum, Cryptocurrency, Litecoin)
This book will first familiarize you with the concepts of cryptocurrency, explain the various benefits and risks that come with it, and tell you five secrets you need to follow while investing into cryptocurrencies. Here is what you will learn:
- Fundamentals of Cryptocurrency Markets
- Important Cryptocurrency Terminology
- Benefits of Investing into Cryptocurrencies
- Risks of Investing in Cryptocurrencies