The Most Important Bitcoin Books for Beginners
2020 was one of the most critical years for Bitcoin and cryptocurrencies. Even in the midst of a global pandemic that crippled economies, Bitcoin survived. And it wasn’t just mere survival. Indeed, the value of Bitcoin, which was about $7200 at the start of 2020, had reached $30,00 by the end of the year. Its value is growing by the day, and a Bitcoin revolution is well underway.
And it isn’t just Bitcoin that seems to be shining. The entire cryptocurrency market is seeing unprecedented growth, with big corporate names like PayPal and Tesla making significant investments.
As Bitcoin becomes more prevalent in our daily lives, people must be more aware of it. Even if you don’t have to be a crypto enthusiast, it helps to know the basics. As a beginner, here are the best and most prominent Bitcoin books that you should check out.
- “Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond” — Chris Burniske and Jack Tatar
Considered to be the gold standard in books for Bitcoin beginners, this comprehensive guide sheds light on investors and venture capitalists’ new favorite investment tool — Bitcoin and cryptocurrencies. One of the authors, Chris Burniske, owns a venture firm specializing in crypto assets, while the other, Jack Tatar, has authored several books on cryptocurrency.
The book explains everything you need to know about investing in cryptocurrencies in fashionable detail, including, but not limited to, Bitcoin, Ethereum, etc. a great book for Bitcoin beginners, it also gives you valuable insights into various portfolio management techniques. And if you’re looking to gain some knowledge on the crypto industry’s history and its evolution over the years, this is the book for you.
2. “Mastering Bitcoin” — Andreas Antonopoulos
If you’re thinking about investing in Bitcoin and want to learn more about the processes that go behind it, Andreas Antonopoulos’ book is undoubtedly the best choice. It delves deeply into the technological foundations of cryptocurrencies like Bitcoin and Ethereum. You will also find answers to your questions about Bitcoin’s fundamental workings thanks to the comprehensive and informative guide. Hailed as one of the best crypto books, it covers everything from basics to protocols to systems, concepts, and terminologies in the crypto world.
The author Andreas Antonopoulos is a Bitcoin advocate from Britain and co-hosts the podcast “Let’s Talk Bitcoin.”
3. “Digital Gold: Bitcoin and the inside story of the misfits and millionaires trying to reinvent money” — Nathaniel PopperDig
This book examines all elements of Bitcoin in extensive detail, taking readers along the journey of Bitcoin from a breakthrough technical invention to more of an economic philosophy. From the history of Bitcoin to brilliant accounts on Satoshi Nakamoto, the person or group of persons believed to be behind the creation of Bitcoin, you will certainly enjoy all aspects of this book.
Nathaniel PopperDig is a journalist covering finance and technology for the New York Times. His accounts on the historical context of Bitcoin and what the future holds is definitely worth reading.
4. “Blockchain Revolution” — Don Tapscott and Alex Tapscott
Talking about blockchain, one of humanity’s best inventions, the father and son duo Don Tapscott and Alex Tapscott take readers through an exciting journey. Most people know blockchain to be the fundamental technology on which cryptocurrencies like Bitcoin and Ethereum operate. But more than that, blockchain has the power to transform the world through innovations in medicine, healthcare, and much more. And this is precisely what Don and Alex give readers through this book.
The authors follow a timeline-based narrative while discussing various accounts which helps readers to connect different events and better understand them. If you’re looking to know more about blockchain technology and how it will shape the world, look no further. Don and Alex have nailed it.
5. “The Bitcoin Standard” — Saifedean Ammous
An all-in-one book on the socio-economic context of Bitcoin, economist Saifedean Ammous explores in great detail the rise of Bitcoin. Mainly focusing on monetary history, this book explores the relationship between societies and economies over the years in great detail. The author also further explains how Bitcoin is the gold equivalent in digital assets and its potential. With balanced arguments and extensive knowledge of Bitcoin, Ammous doesn’t hesitate to admit the flaws in blockchain technology that are often overlooked.
Although the book has been criticized by many for promoting a Libertarian and Australian perspective on money concepts, Ammous explains the future of currency with great clarity of thought and hence is a must-read.
6. “The Internet of Money” — Andreas Antonopoulos
Yet another book on Bitcoin by Andreas Antonopoulos that explains the why of Bitcoin more than the how of Bitcoin. Based on a series of lectures given by Antonopoulos, this book is a brilliant collection of essays that explores the various aspects of Bitcoin, including its historical, social, economic, political, and philosophical contexts.
The book begins with the history of the internet and gradually shifts gears to focus on the rise in popularity of cryptocurrencies and their reasons. Along with a solid foundation on the concepts of Bitcoin, you can also gain more knowledge on the concept of decentralization in digital currencies.
Whether you’re a beginner to Bitcoin or not, this book is a masterpiece in the crypto books genre that should be ready by anyone interested in Bitcoin.
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