Books to learn more about Cryptocurrencies
Cryptocurrencies (Bitcoin, altcoins) are the new craze among the investors and traders all around the world. Its popularity is increasing day by day with arising lots and lots of questions and confusion behind its revolution, structure, usability, decentralization, future value and many more things among the newbies and expert investors. There's many thoughts and expertise has been shared by the experts in the field of blockchain technology and economics.
below you will find a short list of books on cryptocurrency and the technology behind it which is called as the blockchain. The first book is "Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction" by Arvind narayanan & his co-authors. The 2nd books is "The Bitcoin Standard: The Decentralized Alternative to Central Banking" written by Saifedian Ammous.
None of these two books are about cryptocurrency trading methods or strategies, but rather clearing the concepts of cryptocurrenis, blockchain technology and the economics behind this new digital currency. Chose any of the books from the list below to enhance your knowledge on the new digital currency - The cryptocurrencies.
Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction
Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction
By - Arvind Narayanan and The team.
Pages: 336. Publisher: Princeton University Press.
This piece of book "Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction" by Arvind Narayanan & his co-authors is a complete book which explains the foundational structure, secure transaction method and the future of the cryptocurrencies like bitcoin and the technology behind this digital currency in very reader friendly manner.
The book starts with the topic explaining the cryptography and cryptocurrencies with how the bitcoin achieves decentralization. Later on it explains the mechanics behind the cryptocurrencies like bitcoin, storing method of bitcoin, bitcoin mining, user anonymity in the blockchain network when transaction made with bitcoin, global politics and regulation of bitcoin and the other cryptocurrencies that is being used in the blockchain network. It also explains the future usability and decentralization of the bitcoin and other alt-coins in a very reader friendly manner.
The book does not relate to the bitcoin and other cryptocurrency trading method or strategies, it only explains very thoroughly what the cryptocurrencies are and all the technical stuffs are involved to store and transact this new digital currency.
If someone want to know the cryptocurrencies and the technology behind this then this is the book for them. It does not require a reader to be a tech expert to understand the topics explained in this book about the earths new internet currency.
The Bitcoin Standard: The Decentralized Alternative to Central Banking
The Bitcoin Standard: The Decentralized Alternative to Central Banking
By - Saifedian Ammous
Pages: 304. Publisher: Wiley.
If someone want to completely understand the currently ongoing and future economics behind the cryptocurrencies like bitcoin, then this book "The Bitcoin Standard: The Decentralized Alternative to Central Banking" by Saifedian Ammous is for them.
This book is not for the bitcoin trading method and strategies, nor it is about the technical stuffs of bitcoin, altcoins and the blockchain technology, rather its all about the economics of the modern cryptographic currencies.
In this 304 pages of book, in the first 7 chapters of over 150 pages, Saifedian did not even mentioned anything about bitcoin or its other kinds. In those 7 chapters Saifedian explains very thoroughly the economics of money and its structural behavior in the transaction system which includes The history of components that used to be as money like Gold, monetary inflation, Capital market, Business cycles and financial crises, Governments perspectives on managing the money supplies and some other very important topics to let the reader understand what money is, how its works and how the governments manage the monetary system.
Then in the following chapters Mr Saifedian talks only about the bitcoin and its economic behavior in the currency market. He gave a brief description on the digital currency like bitcoin, its supply, value and transaction, the usage and advantage of the bitcoin, bitcoin trading and holding for longer time.
The book also explained some of the frequently asked questions by the cryptocurrency traders which includes If the bitcoin mining is worth the time and money, the control of bitcoin - if the bitcoin can be changed or not, the risk involvement of misusing the bitcoin, the other cryptocurrencies effect on bitcoin, the blockchain technology and some other informative topics on bitcoin and its relative cryptocurrencies.
This book is a masterpiece which hold so much information on understanding the bitcoin as the new form of money. This book can be very helpful for anyone who trades bitcoin or wants to hold some for the future use, but not sure if trading or holding bitcoin worth the time and money.
