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8 September 2017
There is no doubt that bitcoin and blockchain thrown down challenge to the principles of the global economy, as well as created an opportunity for political change. Many people would like to participate in these changes, but first they need to understand how these technologies work. Leading minds of crypto space are always ready to share their knowledge and forecasts for the future of new revolutionary technologies. In this article, we have collected a brief list of bitcoin and cryptocurrency-related must-read books. So check out our reviews of the books below to give you a good grasp of what is going on in the world of digital money.
Blockchain Revolution: How the Technology behind Bitcoin is Changing Money, Business, and the World by Don and Alex Tapscott
The authors describe possible scenarios for the usage of blockchain in everyday life. The book’s message is that distributed ledger technology can affect not only the improvement of the global financial system, but also contribute to business development related to copyright. For example, musicians, writers, designers will be able to receive royalties directly to their digital wallets. Briefly speaking, Blockchain Revolution is about how the Internet’s second generation, based on blockchain technology, can change a civilization for the better.
The Age of Cryptocurrency: How Bitcoin and the Blockchain Are Challenging the Global Economic Order by Paul Vigna and Michael Casey
Paul Vigna and Michael Casey tried to dispel fears associated with the instability of bitcoin rate, its anonymity, non-government backing of digital money, etc. The authors explained the origin of cryptocurrency, its functions and told about what it takes to be oriented in the new economic reality.
Vigna and Casey cautiously note that despite raising public awareness of digital money, it remains a niche product. At the same time, they are in favor of turning bitcoins into a mass phenomenon, especially in regions that until recently were cut off from the modern financial system, such as Afghanistan, some countries in Africa, Central and South America.
After the authors finished work on the book in 2015, they decided to write it down in blockchain. This was the first major publication, posted in a distributed ledger.
Value Web: How Fintech Firms Are Using Bitcoin Blockchain and Mobile Technologies to Create the Internet of Value by Chris Skinner
The next generation of the Internet development, the Internet of things, cannot operate without the Internet of Value (or ValueWeb), i.e. a network, which stores data about all material and intangible values. You can build it by having only two components: a mobile device with an Internet connection and blockchain technology. So what ValueWeb generation will bring to financial institutions, government and society? The book answers this question. The author helps to get an idea of the future, where cash and non-monetary transfers occur instantly, via mobile and digital networks.
Digital Gold: The Untold Story of Bitcoin by Nathaniel Popper
The author describes in detail the history of creation and boom of bitcoin. The book also narrates about outstanding personalities who took a hand in creating a new global digital currency. At first, a new currency, which existed only in users’ computers around the world, was an obvious target for jokes. However, this did not stop its development. As a result, bitcoin has become a technology worth billions of dollars and with a huge number of followers. Investors and traders throughout the world, from Beijing to Buenos Aires, saw a powerful potential hidden in a financial system free of banks and governments. Bitcoin has become more than just another technological “thing”, now it threatens the decentralization of some institutions of modern society.
In addition, the book deals with the mysterious story of bitcoin creator, Satoshi Nakamoto. In a word, Digital Gold is a brilliant and fascinating book that guides the reader in the world of e-money and digital financial technologies.
Mastering Bitcoin: Unlocking Digital Cryptocurrencies by Andreas M. Antonopoulos
The book is written for those who want to join the technological revolution, which takes by storm the modern financial world. Mastering Bitcoin is your guide in such a difficult at first glance world of bitcoin, which provides the necessary knowledge to work in the “Internet of money”. Whether you are going to develop a new killer-successful app, invest in a start-up or you are just curious about blockchain technology, this book will be a must-read for you.
Exciting articles several times a month