Originally Published By: Jake Ryan
Let’s take a look at top 10 books in crypto- economics universe that it is necessary to have in your library.
1. Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond by Chris Burniske. Cryptoassets gives you all the tools you need: an actionable framework for investigating and valuing cryptoassets; portfolio management techniques to maximize returns while managing risk; historical context and tips to navigate inevitable bubbles and manias; practical guides to exchanges, wallets, capital market vehicles, and ICOs; predictions on how blockchain technology may disrupt current portfolios.
2. The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World by Brian Kelly. This book is a great guide to navigating the uncharted territory of digital currency; it goes beyond Bitcoin 101 to explain how this transformative technology is about to change the world. In this book you will explore the origins of digital currency; learn the history and evolution of payment systems; discover how the Bitcoin network is facilitating free and instant transfer of value; understand the mining of Bitcoin, and how to invest
3. The Internet of Money by Andreas M. Antonopoulos. The book goes beyond exploring the technical functioning of the bitcoin network by illuminating bitcoin’s philosophical, social, and historical implications. As the internet has essentially transformed how people around the world interact and has permanently impacted our lives in ways we never could have imagined, bitcoin — the internet of money — is fundamentally changing our approach to solving social, political, and economic problems through decentralized technology.
4. The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order by Paul Vigna, Michael J. Casey. If you want to know more about cryptocurrency and bitcoin definitely read this book. It talks about its origins, its function, and what you need to know to navigate a cyber-economy.
5. Antifragile: Things That Gain from Disorder (Incerto) by Nassim Nicholas Taleb. Antifragile is a blueprint for living in a Black Swan world. It is immune to prediction errors and protected from adverse events. The book spans innovation by trial and error, life decisions, politics, urban planning, war, personal finance, economic systems, and medicine. And throughout, in addition to the street wisdom of Fat Tony of Brooklyn, the voices and recipes of ancient wisdom, from Roman, Greek, Semitic, and medieval sources, are loud and clear.
6. Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages by Carlota Perez. The author outlines 5 surges over the past 200 years and explains the model and mechanics of how these long cycles evolve and how these ‘opportunity explosions’, focused on specific industries, also lead to the recurrence of financial bubbles and crises. These findings are illustrated with examples from the past two centuries: the industrial revolution, the age of steam and railways, the age of steel and electricity, the emergence of mass production and automobiles, and the current information revolution/knowledge society.
7. Skin in the Game: Hidden Asymmetries in Daily Life by Nassim Nicholas Taleb. In his most provocative and practical book yet, one of the foremost thinkers of our time redefines what it means to understand the world, succeed in a profession, contribute to a fair and just society, detect nonsense, and influence others. Citing examples ranging from Hammurabi to Seneca, Antaeus the Giant to Donald Trump, Nassim Nicholas Taleb shows how the willingness to accept one’s own risks is an essential attribute of heroes, saints, and flourishing people in all walks of life.
8. Capitalism and Freedom by Milton Friedman How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of his immensely influential economic philosophy — one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom. The result is an accessible text that has sold well over half a million copies in English, has been translated into eighteen languages, and shows every sign of becoming more and more influential as time goes on.
9. The Road to Serfdom by F.A. Hayek. The Road to Serfdom was seen as heretical for its passionate warning against the dangers of state control over the means of production. For F. A. Hayek, the collectivist idea of empowering government with increasing economic control would lead not to a utopia but to the horrors of Nazi Germany and Fascist Italy.
10. The Theory of Money and Credit by Ludwig von Mises. It is a classic book for those who want a better understanding of economic theory and become informed on the role of monetary and credit policy. Von Mises examines the value of money, how it can be measured, and the effects of credit and monetary policy at the nation-state level.
For more on books I read check out this article “12 Books Worth Reading”.
If you interested in cryptoassets, its classification and categorization I recommend reading article “Crypto Asset Classes”.
Jake Ryan is the founder of Tradecraft Capital, a startup advisor, an angel investor & writer on investing. If you enjoyed this article “clap” to help others find it! For more, join us on Facebook, Twitter.
Jake is the Founder and CIO of Tradecraft Capital and handles all aspects of investment management for the firm.
He is the author of Crypto Asset Investing in the Age of Autonomy.