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Best Books for Learning About Cryptocurrency and Blockchain

Despite being a relatively new technology, blockchain and, by extension, cryptocurrencies have taken the world by surprise, sparking one of the most significant disruptions in the global financial scene.

Over the last decade, and a little beyond, the world has witnessed the decentralization of the long-established traditional finance, as well as the emergence of what is now commonly known as open finance

Also, while both blockchain and cryptocurrency essentially aid solutions that improve data transparency, enhance service offerings, and empower people to make better financial decisions, they have equally demonstrated the ability to transform the world for the better.

Consequently, there is a growing interest among individuals and corporate entities that is driven by the boundless possibilities of emerging technology. As such, the need to learn about the technology behind crypto is inevitable.

In this article, we have carefully compiled a list of 10 books (hard copy and e-books) that can bring you up to speed when learning about cryptocurrency and blockchain.

10. Out of the Ether

Remember the infamous story of how about $55 million was siphoned from an Ethereum wallet in a heist that exploited a flaw in the Ethereum code base? The unfortunate incident marked one of the most historic and mysterious thefts to have taken place in the crypto space, more so, considering it happened barely a year after the launch of Ethereum. 

For many who are not aware of the back story, and how the incident turned out to be a moment to be remembered in the history of blockchain and cryptocurrency alike, then this book is for you. 

You will also learn about how Ethereum’s world-class development team put their decision-making skills on display in their attempt to resolve what is now known to be the biggest attacks on their codebase.

Out of the Ether: The Amazing Story of Ethereum and the $55 Million Heist that Almost Destroyed It Allwas written by Matthew Leising and the book did not only cast light on the heist but also tells a lot about Ethereum, the people running it, and what necessitated the Ethereum Classic upgrade.

9. The Internet of Money

Authored by Andreas M. Antonopoulos, a professor at the University of Nicosia (one of the first institutions to add blockchain technology into their curriculum), The Internet of Money is a 3-volume course book centered around the global economy and cryptocurrency.

The book essentially talks about the past and future of economics, trade & barter, and the philosophy of blockchain technology as well as that of cryptocurrency. One thing that is peculiar about this particular book is the style adopted by Andreas, which is generally perceived as very friendly for newbies. 

Although considered a course book for institutions, it is written in an easily approachable, engaging, and conversational form such that an individual does not need to be in a school setting to read and learn from the book. 

As for what to expect, The Internet of Money, unlike most books that focus on the “how” of Bitcoin, teaches more about the “why” (significance) of Bitcoin and how it is evolving as an emerging technology.

8. Blockchain

Just as the name implies, this book explains how blockchain is the “footprint for a new economy.” Essentially, Blockchain’s first mainstream use case was with Bitcoin. However, beyond the crypto asset, this book takes readers on a journey of how blockchain technology proves to be much more significant. 

In essence, readers will learn about the transition from “Blockchain 1.0,” which gave birth to Bitcoin, the first and now largest cryptocurrency by market capitalization, to Blockchain 2.0, which encompasses how blockchain, using smart contracts, can become the fifth most disruptive paradigm after mainframes, PCs, the internet, and mobile/social networking.

The book was authored by Melanie Swan, the founder of the Institute for Blockchain Studies, who is also a hardcore blockchain evangelist. Swan touches on several key points in the book including concepts, features, and functionality of Bitcoin and the blockchain, among other things.

7. The Comprehensive Guide to NFTs, Digital Artwork, and Blockchain Technology

In learning about blockchain and cryptocurrency, one would at some point, stumble upon the use of blockchain as a tool for tokenization. This book is packed with helpful information about Non-Fungible Tokens (NFTs).

Written by Marc Beckman, this comprehensive guide talks about NFTs as the most important digital innovation to have trailed the creation of blockchain and cryptocurrency. In the book, Marc explains how NFTs combine elements of blockchain and cryptocurrency to achieve a new technology feat: virtual ownership.

However, it doesn’t end there, the book also explains how NFTs found their place, how they will continue to drive new innovation, how they will continue to impact art and businesses even in decades to come, and much more.

Marc, being an industry expert, also delves into the technical aspects of NFTs in a clear and comprehensive way that laymen can understand. Also, if you are a fashion enthusiast, or love sports, fine art, branding, and even social justice, then you will learn about these areas from an entirely new perspective.

6.  Bitcoin Billionaire

If you need some words of encouragement to get into the crypto space, the Bitcoin Billionaire written by Ben Mezrich is a perfect book to read. 

Of course, you will learn about some basics of Bitcoin in a simplified and engaging manner, but the book focuses more on the intriguing stories of people like Tyler and Cameron Winklevoss who became the first bitcoin billionaires on November 26, 2017.

The book’s theme, A True Story of Genius, Betrayal, and Redemption – depicts the longstanding feud between the story’s iconic characters, Tyler and Cameron, with their former partner, Mark Zuckerberg. 

Notably, the story revealed how a group of friends quickly became rivals and ended up in what can be described as an epic legal battle for the biggest social network company in the world, Facebook. Tyler and Cameron ended up dumping their aspiration to become venture capitalists to becoming the first crypto billionaires. 

Not only that, but the book also reveals a fascinating economic future in which decentralized finance plays a significant part.

5.  The Bitcoin Standard

Written by Saifedean Ammous, The Bitcoin Standard is a book that exposes the reader to the technical and economic aspects of Bitcoin that are rarely spoken about. For someone who is about to embark on the journey of crypto investment, consider this book a must-read.

The Bitcoin Standard takes the reader on a journey from the earliest stage of Bitcoin’s creation through its technical possibilities for the future of finance. Notably, the book analyzes the history behind the rise of Bitcoin, the economic context that was responsible for its rapid growth, and its likely economic, political, and social implications.  

If you have ever doubted the possibility of cryptocurrency, then here is a book you should consider reading. Interestingly, the book is written such that readers of any level can easily digest it, thanks to Saifedean’s ability to relate Bitcoin’s creation with the larger societal struggles while using well-known economic and governmental concepts to explain each touchpoint.

4. Cryptoassets

You will agree that learning about how blockchain and cryptocurrency work is not enough; there is also a need for a guide on which crypto asset is worth investing your hard-earned money in. Cryptoassets by Chris Burniske is a book that offers readers an actionable guide to navigating hundreds of cryptocurrencies that exist today.

If you are an aspiring investor, then this book will bring you up to speed on how to become a well-informed investor. Specifically, readers are provided with practical advice and tips for managing their crypto portfolio, navigating and choosing the best crypto exchanges, as well as selecting digital wallets, among other things.

3. The Infinite Machine

If you are an investor, and a sucker for Ethereum projects, you should consider reading The Infinite Machine written by financial journalist, Camila Russo. The book sheds light on many subjects, one of which includes the creation of cryptocurrency and its vision for the future of finance. 

While the book is particularly focused on the Ethereum network, it takes the reader through the early periods when the network was faced with a lot of chaos, greed, and concerns from regulatory scrutiny to how it has now scaled to become the second most valuable crypto asset in the world.

2. Blockchain Basics

Authored by Daniel Drescher, Blockchain Basics introduces readers to the foundation upon which cryptocurrencies are built. In doing this, the author ignored the popular hype involving how most successful traders 10X their portfolios in a short period, and instead explained blockchain using layman English. 

The above reason alone makes Blockchain Basics one of the best books on blockchain and cryptocurrency. Also, the book proves just how no one really needs a special degree to have access to investment education. If you are still in doubt about exploring the crypto space because of your assumption that it is complex, then this book is for you.

1. Cryptocurrency Investing for Dummies

Ok! Forget about the title for a second, and don’t get angry for being addressed as a “Dummy,” well metaphorically. In this book written by Kiana Danial, readers who are new to cryptocurrency and crypto investment have a whole lot to learn. First, the book takes you through how cryptocurrency works, and then proceeds to dish out essential information that is vital to investing in digital currency. 

Interestingly, you don’t just get to be lectured from the beginning to the end as in the case of the majority of crypto books out there. Instead, Kiana included excerpts from interviews with top cryptocurrency investors and went on to break down complex subjects into understandable bits that can be easily digested by a “dummy,” well, metaphorically speaking.

While we have come to the end of the list, it is possible that we may have failed to mention your favorite book; if so, please leave the title in the comments section below to assist a fellow reader.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

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