The Best Books on Cryptocurrency
The Sovereign Individual ~ by James Dale Davidson and William Rees Morg
One of those books that alters how you view the world for all time is The Sovereign Individual. You’ll get chills from how accurately it foresees the effects of blockchain technology despite the fact that it was published in 1997. As the industrial to the information ages transition, we are moving into the fourth stage of human society. You must read this book to fully grasp the breadth and depth of the upcoming changes.
We already know that those who will truly thrive in the new information age will be workers who are not tethered to a single job or career and are location independent. As it becomes easier to live comfortably and earn an income anywhere, this is especially true for those who are workers. The pull toward deciding where to live based on cost savings is already stronger, but this phenomenon goes beyond digital nomadism and freelance work; it also affects how democracy, government, and money are built.
Here, the authors predict that the rise of individual power will coincide with decentralized technology eating away at the power of governments, just as they previously predicted Black Tuesday and the fall of the Soviet Union. They predicted with extraordinary prescience that private, digital cash would be the death knell for nation states. The dynamic of governments acting as stationary robbers who use taxation to steal from hard-working citizens will change once that occurs. You are on the verge of joining the new cognitive elite if you have developed the ability to provide solutions to people anywhere in the world. Don’t miss this one.
Choice Quotation: “Governments won’t be able to overcharge the people who pay for their services once technology is mobile and transactions take place online, as they increasingly will.”
Sapiens: A Brief History of Humankind ~ by Yuval Noah Harari
Whenever I want to impress on someone how good this book is, I ask: “Are you interested in learning what distinguishes humans from monkeys on a fundamental level? When he sees a danger approaching for his friends, a monkey can screech, wave a stick around, and jump up and down on a rock. ‘Lion, danger, danger!’ A monkey can also tell lies. Even though there isn’t a lion present, it can jump up and down on the rock, wave a stick around, and make lion-related noises. He’s just having fun. A monkey cannot, however, jump up and down, wave a stick around, or shout, “Danger! Danger! Dragon!'”
Dragons aren’t real, which explains why. The ability of humans to imagine and speak about things they have never seen or touched, as explained by Harari, has elevated the species to the point where it can now cooperate with strangers in large numbers. Outside of human imagination, the universe is devoid of all gods, nations, money, human rights, laws, religions, and systems of justice. We are the ones who create them.
All of this serves as a rather illustrious introduction to our current situation. The Scientific Revolution, which began only 500 years ago and may usher in something entirely different for humanity, comes after the Cognitive Revolution and the Agricultural Revolution, according to Harari. However, money will continue to exist. Read this book to learn that trust is the foundation from which all forms of money are created and that money is the greatest story ever told.
Choice Quotation: “Sapiens, on the other hand, inhabit a triple-layered reality. The Sapiens world includes tales about money, gods, nations, and corporations in addition to tales about trees, rivers, fears, and desires.”
The Internet of Money, written by Andreas M. Antonopoulos
If the two books previously mentioned aid in our comprehension of the historical setting in which Bitcoin first appeared, this book enthusiastically expands on the “why.” Perhaps the most listened-to voice in the cryptosphere is Andreas Antonopolous. This book is an overview of talks he gave while on the speaking circuit between 2013 and 2016, which were then edited for publication. He has been traveling the world as a Bitcoin evangelist since 2010.
His first book, Mastering Bitcoin, takes a technical deep dive into the subject and is primarily intended for programmers, engineers, and architects of software and systems. The scaling debate doesn’t really matter, and this book explains why Bitcoin needs the assistance of designers to ensure mass adoption using some clever metaphors.
“When you first ride your brand new automobile in a city,” he writes, “you are riding on roads used by horses with infrastructures designed and used for horses. Light signals are absent. There are no traffic regulations. No paved roads exist. What happened as a result of the cars’ lack of balance and four feet was that they became stuck.” But if you skip a century, the cars that were once disparaged are now the norm. This is a good place to start if you want to dive into the philosophic, social, and historical implications of bitcoin.
Choice Quotation: “Bitcoin is more than just virtual currency for the internet. Yes, it is ideal payment for the internet. It is immediate, secure, and cost-free. Yes, there is money involved with the internet, but there is also much more. Bitcoin is the financial internet. The first application is only for money. You can look beyond the price, the volatility, and the fad if you understand that. Bitcoin is fundamentally a ground-breaking technological innovation that will alter the course of history. Join.”