Today, cryptocurrencies are everywhere. You can use them for savings, deposit in crypto to CasinoChan, and even buy pizza in BTC. Want to learn more about this topic? Read these books.
The Bitcoin Standard
Bitcoin can be described as a distributed computer program that allows the exchange of valuable transfers using a currency protected from unexpected inflation without relying on intermediaries. In other words, Bitcoin automates the functions of a modern central bank. Moreover: By prescribing these functions in software code distributed among thousands of machines, bitcoin guarantees that it is virtually impossible to breach. No one user can change the code without the knowledge and consent of everyone else.
These features make Bitcoin the first viable digital currency, and a freely convertible one at that. BTC is a computer age invention, but the ideal that guided its creators has fascinated humanity for thousands of years: a means of payment controlled only by its owner and almost impervious to inflation.
In this book, you will find an overview of the new technology, the economic problems it can solve, and the methods that have been used to solve similar problems in different historical eras. Perhaps it will change the minds of those who think bitcoin is nothing or just another pyramid scheme. In reality, Bitcoin’s potential as a stable means of payment in the digital age may surprise the most hardened skeptics.
The Age of Cryptocurrency
Wall Street Journal columnists Paul Vigna and Michael Casey discuss the fears and rumors surrounding bitcoin as a means of payment and urge readers to prepare for the new economic reality that is sure to come.
In their book, they tell the story of bitcoin and analyze the role of cryptocurrencies in today’s world: how they originated and where they came from, what functions they perform, and what you need to know to be ready for the new world with the cyber economy.
The technology of cryptocurrency is that by eliminating the need for an intermediary, it supports an infrastructure in which strangers can do business with each other. This is accomplished by transferring the crucial function of maintaining ledgers from centralized financial institutions to a network of autonomous ones.
By eliminating intermediaries along with their commissions, cryptocurrency reduces the cost of doing business and also eliminates the corruption that existed in intermediary structures and among politicians involved in the orbit of the latter. The open accounting register used by cryptocurrencies brings to the surface the internal mechanism of economic and political system functioning, previously hidden behind the impenetrable walls of centralized financial institutions.
Crypto Currencies. Bitcoin, Ethereum, Blockchain, ICO’s & Co. Simply Explained
This book is the fastest way to enter the world of cryptocurrencies and start using them. Have you ever asked yourself what bitcoin, cryptocurrency or blockchain is? And decentralization? Who do you think benefited from the emergence of the Internet? The people who were prepared for it and began to use it for personal or commercial purposes before the rest of us got around to it.
Blockchain provides a similar opportunity. It plays the same role now that the Internet has played for the past 20 years. The big question everyone asks themselves is, “Where do I start?”
Julian Hosp, co-founder of TenX and one of the world’s leading experts on cryptocurrencies, explains complex terms simply and affordably and gives clear instructions for action: how to use cryptocurrencies while respecting online security rules.
Information on setting up the paper wallet
- CryptoQuant Analyst: Bitcoin Nowhere Near Its Peak – Buckle Up, Hodlers! - December 21, 2024
- Chainalysis: $2.2 Billion Lost to Crypto Hacks in 2024 - December 21, 2024
- Bank of Japan leaves interest rate unchanged: Impact on the macroeconomy and the crypto market - December 20, 2024
