Cryptocurrency can be a difficult topic to understand. Indeed, it has spawned plenty of confusion from many quarters. It is important to keep abreast of the latest technologies, and cryptocurrency is no exception. Luckily, this guide will provide you with good solutions, recommending the most comprehensive books to read on cryptocurrency to understand the topic thoroughly. To this effect, we present the four best books on cryptocurrency you should read.
These books will teach about the basics of cryptocurrency and blockchain. It will also teach you how to invest in cryptocurrency tokens. With these books, you’ll have all the knowledge you need to diversify your portfolio in crypto investment which in the
digital world, is one of the best assets to buy for income“..
The books on cryptocurrency that we recommend are written by experts and professionals with years of experience in cryptography, the blockchain industry, and cryptocurrency investment. Before going to the list of the books, let’s understand what’s cryptocurrency and how it functions!
What is Cryptocurrency?
Cryptocurrency is the currency or token of the blockchain network. As such, it is impossible to properly understand cryptocurrency without first getting a good grasp of what the blockchain entails.
The blockchain is a decentralized, distributed ledger that contains the details of many transactions. With each new transaction, the blockchain expands, with a new link added to the tail end of the blockchain. Both parties involved have a copy of this transaction.
This means that blockchain is immutable. As the network is completely decentralized, no single entity owns the complete, up-to-date ledger. The ledger is, in fact, visible and accessible to every member of the network, who each receives live transaction updates on the network.
Cryptocurrency, therefore, is the token or means by which transactions are carried out on the platform. For such a currency to function on a widely accessible platform such as the blockchain, it must be immutable and highly secure.
Thus, a cryptocurrency is a digital signature that is highly encrypted and forms the basis of exchange within a blockchain network. An example of a cryptocurrency is Bitcoin with price fluctuations based on supply and demand.
Books on Cryptocurrency to Read
Mastering Bitcoin by Andreas M. Antonopoulos
This book was published in the year 2014. It is a highly comprehensive introduction to the blockchain and the idea of a decentralized currency as actualized in cryptocurrency.
Many key details are explained at length, including the purposes and applications of cryptocurrency to real-world situations. With it, you will quickly learn how cryptocurrency works and how financial transactions are processed within the wider blockchain network.
This book is a must-read because it touches upon the essential concepts of the first cryptocurrency, i.e., Bitcoin. It also explains the concept of the Bitcoin Wallet.
Cryptoassets by Chris Burniske and Jack Tatar
Two key experts wrote this book: an angel investor and a crypto asset organization founder. Published in 2017, Cryptoassets deals with a wide range of digital currencies, tokens, and assets.
You should read this book, as the style of writing is very easy to understand. This does not mean that it is short of information, however. On the other hand, it delves into critical details such as the history of blockchain technology.
Digital Gold by Nathaniel Popper
Published in 2015, Digital Gold was shortlisted for two major awards: McKinsey Business Book of the Year and Financial Times Book of The Year. In the book, the writer discusses the beginnings of Bitcoin. The book is written from the point of view of the founder of Bitcoin, Satoshi Nakamoto, and the Winklevoss Twins.
This book comes highly recommended because it approaches Bitcoin from the angle of value storage.
Bitcoin from Beginner to Expert by Chris Newman
This book is an excellent introduction to cryptocurrency, specifically Bitcoin. It is useful to investors who have no prior experience or knowledge of cryptocurrency investment.
In Bitcoin from Beginner to Expert, several practicalities are explored regarding the investment of Bitcoin. In addition, the supporting technologies of blockchain technology are discussed at length.
Why You Should Read Books on Cryptocurrency
Books on best cryptocurrency will provide you with great insight into investment opportunities in the blockchain industry. You will learn how to buy Bitcoin Cash with paybis, Ethereum, learn about Bitcoin price and attain in-depth knowledge of the workings of the cryptocurrency market.
Having read our article, you now know the best books to read if you want to understand cryptocurrency better. You need not listen to amateurs who know little or nothing about the subject. Just pick one of the books recommended above and read. You won’t regret it!