Top 5 best crypto books for beginners
The concept of cryptocurrencies may seem complicated, confusing and repulsive, but once you plunge into the basics, understanding will come. Books about crypto for beginners, written by financial experts, will help to get the necessary knowledge.
The Basics of Bitcoins and Blockchains
The book Basics of Bitcoins and Blockchains, written by Anthony Lewis in 2018, explains to readers what cryptocurrencies and blockchains are, how they work and why they are important for the financial market. The history of money and banking systems are also briefly outlined in the book.
The main topics of the book: the best blockchain platforms, smart contracts, cryptocurrency exchanges, crypto wallets and how to detect fraud in the crypto sphere. Reading of the Basics of Bitcoins and Blockchains will help you to learn about the industry’s disadvantages and problems, such as the “51% attack”. In addition, the book describes the ideas of Bitcoin founder Satoshi Nakamoto and provides basic rules for investing in bitcoin and altcoins.
In his book Anthony Lewis uses many examples, gives definitions of difficult concepts in simple language, which allows to comprehend the crypto field and blockchain even to not tech-savvy people.
The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze
The book “The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze” was published in 2022. It’s written by Laura Shin, crypto journalist, and host of the Unchained podcast. Her book allows you to look behind the scenes of the Ethereum project, assess its importance and impact on the cryptocurrency market.
The Cryptopians also casts new light on ETH co-founder Vitalik Buterin in the context of the creation of altcoin and its blockchain. The book describes the story of a network hack that occurred in 2016. The author explains how this was done and analyzes the consequences of the attack.
The book introduces the processes within the crypto industry, tells how it develops, and who occupies the main place in its arena. Laura Shin describes the industry as it is without romanticization or embellishment.
The Cryptocurrency investing for dummies
The book “Cryptocurrency Investing for Dummies” is written in 2019 by Kiana Danial, personal investing and wealth management expert. This is a guide to making money in the crypto market, which describes strategies of behavior in the financial world. You'll find out how to choose the right cryptocurrency for investments with the help of real-world examples.
Kiana Danial introduces events that affect crypto prices, writes about investment risks and how to avoid them. The book analyzes investments in various crypto assets: from BTC and ETH to Litecoin and Monero.
Blockchain Bubble or Revolution: The Present and Future of Blockchain and Cryptocurrencies
“Blockchain Bubble or Revolution: The Present and Future of Blockchain and Cryptocurrencies” is another book published in 2019, that will help you better understand crypto. The book is written by several authors: Neel Mehta, Aditya Agashe and Part Detroya. In their work, they offer readers a debate about the fundamentals of cryptocurrencies and blockchain technology, providing opinions of supporters and opponents, real examples and simple explanations.
Experts dive deep into the social, political, economic and technical effects of financial technology. They gain insights about their future from exclusive interviews with dozens of tech industry leaders.
By reading Blockchain Bubble or Revolution you will know how cryptocurrencies work, where they are useful and harmful, how the blockchain and mining works, the necessity of regulating digital assets and what is the future of money?
Check Your Financial Privilege
“Check Your Financial Privilege” is one of the most interesting novelties about Bitcoin. The book was published in 2022 and written by Alex Gladstein, CSO of the Human Rights Foundation, a regular journalist at Bitcoin Magazine.
Alex writes about the fact that anyone born into a reserve currency like the euro, yen, or pound has financial privilege over the 89% of the world population born into weaker systems. He believes that Bitcoin is the solution for those who are living in states with a weak financial system. The author gives examples of people who were saving money in BTC and that’s why they better handled the inflation crisis.
Gladstein explains how Bitcoin can help to gain freedom from inflation, political strife, and an outdated monetary system for people around the world, outside of Wall Street.
We hope that these books will reveal for you the idea of cryptocurrencies, their value, impact on the financial market and technology.