The decentralized world can be cryptic.
The inner workings and fundamentals of the industry can be quite complex for those who are new to the space. This is true, even for those that are experienced in conventional sectors of technology. Terms such as “block time”, “consensus”, and “proof of stake” can seem to be quite confounding to many.
This cryptic nature of this space can lead to poor decision making in investing and trading, which in turn could result in a massive flight of personal capital.
Surviving and thriving in the crypto industry requires education and a sound understanding of the fundamentals. Only by deciphering the significance of the underlying mechanisms and principles in cryptocurrencies can you make informed decisions.
Don’t fall prey to obscure and untested information, do your own research and make your own decisions from a point of comprehensive understanding.
Simplify the process of learning by turning to the experts.
Thankfully, with cryptocurrency books now becoming their own genre, you don’t have to pay a fortune in consulting fees to understand the basics. You can simply buy a book and learn accurate, interesting, and helpful information.
Here are the Top 10 cryptocurrency books you must read in 2019 to understand the origins of the industry and to have a general sense of where it is headed.
Learning from these cryptocurrency books and fine tuning your investment strategies from a financial capital standpoint would allow you to make the most impact on your portfolio and life.
The Top Ten Cryptocurrency Books You Must Read in 2019
Blockchain Basics: A Non-Technical Introduction in 25 Steps by Daniel Drescher
This book provides a down to earth and simple guide to understanding blockchain and its functionalities. This is one book that should be read by all as it will provide a comprehensive and granular overview of the emerging technology that is blockchain.
Digesting and comprehending the basics of the blockchain technology will help you make sound investment decisions in the present and in the future as well.
Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money by Nathaniel Popper
Digital Gold proves to be a great read in viewing the different figures involved in the early days of the crypto ecosystem.
This provides a glimpse into their lives and their ethos as they built out cryptocurrency related companies and contributed to a decentralized world. It is a very interesting read if you are one to enjoy the history of the cryptocurrency space and the principles that drove these initial few industry participants.
The Internet of Money by Andreas M. Antonopoulos
The Internet of Money is a must read in 2019 because of its deep dive into Bitcoin. Antonopoulos goes into the industries that the leading digital currency can disrupt and displace as well as touching on the reasons why Bitcoin matters in larger society.
The author guides the reader through a path that traverses the philosophical, the social, and the historical aspects of money, society, and the intersection of the Internet.
The Scandal of Money: Why Wall Street Recovers but the Economy Never Does by George Gilder
Commentary by the famed entrepreneur and investor Peter Thiel sheds light on why this book is a must read.
“Why do we think governments know how to create money? They don’t. George Gilder shows that money is time, and time is real. He is our best guide to our most fundamental economic problem.”
American Kingpin by Nick Bilton
This thriller details the rise of a libertarian entrepreneur named Ross Ulbricht and the growth of Silk Road. American Kingpin is a fascinating read and sheds light on free markets, the necessary integration of the digital equivalent to cash at the time (Bitcoin) and how it all came crashing down.
American Kingpin will serve as an important reed to understand a little bit abou why Bitcoin survived and thrived while other cryptocurrencies came and went.
Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond by Chris Burniske and Jack Tatar
This is a must read in a world after Initial Coin Offerings (ICOs). This text provides a framework in conducting due diligence and researching prominent cryptocurrencies such as Bitcoin as well as the ever growing list of altcoins.
This is a book for the practical cryptocurrency investor who wants to understand wallets, exchanges and new crowd fund raising mechanism such as ICOs.
The Book of Satoshi: The Collected Writings of Bitcoin Creator Satoshi Nakamoto
This text provides insight into the mind of Satoshi Nakamoto, providing the reader with the thought process, the inner workings and the approach towards the making of the leading digital currency that is Bitcoin.
You will be able to view emails and available posts on digital forums of the mysterious Satoshi. This would provide you with more details on the fundamentals of Bitcoin and its importance in the economy.
The Business Blockchain by William Mougayar
The Business Blockchain will be a book to read after reading the blockchain basics.
The Business Blockchain will guide you through different avenues of the potential of blockchain technology and how it can transform the world. Key ideas are presented at the end of each chapter for quick perusal.
The Bitcoin Standard: The Decentralized Alternative to Central Banking
The Bitcoin Standard is a book that must be read in 2019. It allow readers to navigate through the history of money, the differentiation of bitcoin, and the inner workings of money.
Written by an economist, this book is sure to please.
Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
The author brings you along on a journey of data sovereignty, identity, and assets in the digital age.
The text shows where the world is today and where it is headed through advanced technologies such as the blockchain. The book argues that the future will revolve around core principles such as heterarchy over hierarchy.
Life After Google a fascinating read.
Consume these Must Reads and Succeed in 2019
Read and refine your investing theses and grow your portfolio.
By understanding these principles and shifts in society and technology, you could be involved in the nascent cryptocurrency industry in more ways than one.