The technology behind cryptocurrency and blockchain is having an increasingly noticeable influence on financial markets, and investors’ interest in these areas has undoubtedly been heightened as a result.
People who are interested in investing in cryptocurrencies, even on a small scale, or who have thought about plunging wholeheartedly will no doubt benefit by reading a few relevant books on the subject.
On the topic of cryptocurrencies and the technology behind them, there is a plethora of books accessible Finbold has highlighted five crypto books to read if you want to understand more about the space.
1. The Bitcoin Standard: The Decentralized Alternative to Central Banking
“The Bitcoin Standard,” by Saifedean Ammous, Assistant Professor of Economics at Lebanese American University, provides a complete history of Bitcoin (BTC) beginning with its creation in 2009.
This book is one of the clearest on the subject, and it explains the fundamentals of Bitcoin, how it works, and the factors that have led to its meteoric rise and widespread use in recent years. Ammous contextualizes the situation by underlining how Bitcoin and blockchain technologies have revolutionized bank decentralization.
After finishing this book, you will have a complete understanding of Bitcoin’s competitive advantage and why it can store value as a substitute for physical money by addressing some of the most prevalent pain issues, such as its unsustainable energy usage or crypto as a currency for criminal activities.
2. Blockchain Basics: A Non-Technical Introduction in 25 Steps
In the book “Blockchain Basics: A Non-Technical Introduction in 25 Steps” (FREE to listen with Audible trial), Daniel Drescher, a professional financial specialist, provides an explanation of blockchain technology that is broken down into 25 easy steps.
However, he refrained from utilizing any mathematical formulae, computer code, or other types of jargon in his explanation. In the context of the trading of electronic securities, Drescher discusses the significance of “big data,” “machine learning,” and “automation.”
This book provides an explanation of how blockchain tech may have an effect on the current financial system. The importance of blockchain technology and the challenges it may address will become clear to the readers.
3. The Truth About Crypto
Ric Edelman, the author of numerous books on finance that have been big sellers on the New York Times bestseller list, has a new book out called “The Truth About Crypto.” His most recent book has explanations that are simple to understand and cover a wide range of subjects, including Bitcoin, blockchain, non-fungible tokens (NFTs), and other digital assets.
After finishing this book, you will have a better understanding of why blockchain technology and digital currencies are here to stay, how they will develop in the years to come, as well as practical guidance on the great investment possibilities available in this new asset class.
4. The Basics of Bitcoins and Blockchains
Antony Lewis, a former trader turned bitcoin and blockchain analyst, writer, and blogger, penned “The Basics of Bitcoin and Blockchains.” If you’re interested in learning more about the value of crypto, how it operates, and the significance of blockchain technology, this book is a must-read.
In his book, he details the most significant dangers associated with cryptocurrency investments, such as how to recognize and avoid frauds, use cryptocurrency wallets and exchanges safely, and comply with applicable laws and regulations.
This book not only serves as a comprehensive introduction to blockchain technology, but also as a valuable resource for those curious about its many potential uses.
This book has been hailed as the definitive introduction to Bitcoin and cryptocurrencies, making it a great resource for anybody interested in learning more about these innovative technologies.
5. Crypto Investing Guide: How to Invest in Bitcoin, DeFi, NFTs, and More
All types of digital assets, from cryptocurrencies to DeFi projects and NFTs, are covered in depth, making this book ideal for anybody considering such investments. Blockchain entrepreneur and investor Ian Balina lays out the fundamentals of crypto investing in his book “Crypto Investing Guide.”
In particular, the author walks the reader through techniques without overwhelming them with technical terms, and stresses the fact that one does not need to be a math genius to thrive in crypto investment.
But Balina stresses the need for education, knowledge, and awareness before taking such a step. Learn how traditional finance connects to decentralized finance (DeFi), NFTs, and tokens, and get the expertise you need to invest effectively in digital assets with the help of this book, which is suitable for both novice and experienced investors.