Are you someone who is still searching for the right books to increase your knowledge about cryptocurrency? Are you still searching for a simplified definition of blockchain technology on google? Or maybe you are someone who wants to purchase bitcoin but doesn’t understand how? If you answered yes to any of the above-mentioned questions, then don’t worry you are not alone.
Cryptocurrency is a relatively new concept and is in its nascent stage, so take your time and read these three non-fiction books mentioned below. These are some of the best books that will surely improve your knowledge about cryptocurrency and its working.
Also do comment down below the best read out of the three mentioned below!
Cryptoassets by Chris Burniske & Jack Tatar
With the ongoing trend of purchasing bitcoins and crypto currency it has become more than essential to learn about the working of crypto assets. And if you are someone who wants to invest and generate high returns in the future, then time is now as it is only the beginning. And taking the advantage of the initial stage has its own benefits.
Cryptoassets written by Chris Burniske & Jack Tatar is a detailed guide if you are looking for a simplified guide to understand the working of bitcoin and other crypto assets. The term Cryptoassets is an amalgamation of software and a corresponding currency. This book also talks in great detail about blockchain technology and bitcoin.
Blockchain is a digital database of all transactions involving crypto and other virtual currencies. This technology is gaining vast popularity as it is decentralised. Blockchain technology is being used by various other businesses and banks as well. While bitcoin is the most valuable virtual currency as it was the first to gain recognition in the crypto universe.
Now that we have simplified the main terms for you, it’s time for you to do your homework. Read the book summaries and audiobook summaries available on this topic to widen your knowledge on how to trade and invest in crypto currency.
And before investing your hard-earned money into the crypto world, remember to educate yourself about the potential dangers. Otherwise in no time,this opportunity will turn into a disaster.
Blockchain Revolution by Don Tapscott and Alex Tapscott
The next book that can enlighten about the crypto universe is Blockchain Revolution by Don Tapscott and Alex Tapscott. The evolution of Blockchain technology brought significant changes in the business world because of its decentralised database technology that is stable, secure and trustworthy. Because of such reasons, this technology is being widely appreciated by banking sectors and many big businesses. This will come as no surprise if all businesses and banks start using blockchain technology in the near future.
Another exceptional advantage mentioned in the Blockchain Revolution is its transparency or privacy and tamper-resistant technology. The blockchain technology is a financial system which is free from corruption and black money that has become a mandatory part behind the working of every sector.
Along with all these advantages, comes some disadvantages too. Check out the book summaries and audiobook summaries to learn about some of the shortcomings of Blockchain technology. They are easily available on various book summaries websites.
The Bitcoin Standard by Saifedean Ammous
The third book that will offer you profound research on the crypto universe is The Bitcoin Standard written by Saifedean Ammous. This book vividly talks about the history of the first currency to ever exist, its origin, the various stages of evolution that came in between to the latest currency revolution (digital cryptocurrency, Bitcoin).
He even talks about sound money and unsound money. Sound money gives rise to a well-functioning and well-developed economy. The goal of such money is to inspire people to save, invest, build a sustainable, and long-term growth worthy economy. The use of sound money or gold brought a remarkable change in the world. It gave birth to the age of prosperity and growth.
While unsound money poses a threat to capital accumulation. It gradually results in recession and debts. If you found this article helpful and want to invest in digital cryptocurrency and bitcoin, then checking out the book summaries and audiobook summaries available on this topic will be of great help. They are very easily available on various book summaries websites.
The Bitcoin Standard written by Saifedean Ammous covers every little aspect of cryptocurrency, from its distinctive attribute and worth to its potential to become the future of finance. But not every aspect of bitcoin or digital crypto currency is being appreciated by researchers.
Some disadvantages of cryptocurrency that need to be rectified are: price volatility, establishment of sound money policy, threat of online hacking, limited use and threat of losing wallet.