Stats for nerds
3recommend
5mentions
3people
2020–2023years
80% recommend20% neutral
Mentions per year
What Hacker News says
- Well, BTC isn't some asset that doesn't have a track record of growth. Take a look at the rate of growth in last decade. Yes if you look in specific timeframes it will look like a wreck. but looking at a bigger picture it makes sense. And it is given that it will keep growing similarly in the long term (Why?, thats a separate lengthy conversation the answer to which also answers why some of largest finance players are rushing to put out an ETF of BTC)
Coming to the security and safety part. In theory, BTC was made with a intension to be easily usable and accessible. Once you understand it, its pretty simple and straightforward (even easier than using a bank's service). No level of hardware wallet failure will compromise the funds because the funds are not in the wallet rather the record of the funds are in 100s of thousands of BTC nodes that is being run by miners and other enthusiasts. The real threat may be letting people that share OTPs to scammer handle their private key and seed phrase. Thats where custodians like coinbase comes in.
And to the point of how to make sure the fund held by ETF/Custodian is actually there or not, This can be easily verified. Tt is a public ledger and anyone with the public key can see how much funds are held in the wallet. This aspect of transparency is one of the key selling point of BTC.
I would recommend a short and interesting read - "Inventing Bitcoin".
- Many---nearly all---altcoins are dangerously close to ponzi schemes, except bitcoin. Bitcoin stands apart as the sole protocol that's really decentralized and doesn't promise ridiculous returns.
However, given that Bitcoin is jn the process of monetizing and may become the world's base layer of money, it stands to gain a lot of value the long term compared to the melting icebergs of central bank and commercial bank created fiat currencies.
If this doesn't make sense, please read "The Bitcoin Standard" and "Inventing Bitcoin" to understand this technological advance.
One can prefer sundials to watches, but reality was changed when the watch was invented.
- I would add Andreas Antonopoulos's video, as well as the What Bitcoin Did podcast as good starting points. Also check out the book, Inventing Bitcoin.
- American Kingpin by Nick Bilton
The Sovereign Individual by James Dale Davidson
The Age of Surveillance Capitalism by Shoshana Zuboff
Mastering Ethereum by Andreas M. Antonopoulos
The Creature from Jekyll Island by G. Edward Griffin
Mastering Bitcoin by Andreas M. Antonopoulos
The Bitcoin Standard by Saifedean Ammous
Digital Gold by Nathaniel Popper
The Internet of Money by Andreas M. Antonopoulos
Creating the Twentieth Century by Vaclav Smil
Mastering Bitcoin by Andreas M. Antonopoulos
Applied Cryptography by Bruce Schneier
Blockchain Bubble or Revolution by Neel Mehta
Bitcoin and Cryptocurrency Technologies by Arvind Narayanan
Inventing Bitcoin by Yan Pritzker
The Little Bitcoin Book by Bitcoin Collective
Serious Cryptography by Jean-Philippe Aumasson
An Altcoin Trader's Handbook by Nik Patel
The Price of Tomorrow by Jeff Booth
Programming Bitcoin by Jimmy Song
Bitcoin by Knut Svanholm
The Basics of Bitcoins and Blockchains by Antony Lewis
Bitcoin & Black America by Isaiah Jackson
Mastering Monero by SerHack
Grokking Bitcoin by Kalle Rosenbaum
Why Buy Bitcoin by Andy Edstrom
The Book of Satoshi by Phil Champagne
This Book Will Save You Time by Misir Mahmudov
Technological Revolutions and Financial Capital by Carlota Perez
Bitcoin by Knut Svanholm
Cryptocurrency Investing For Dummies by Kiana Danial
The Dreams of Reason by Heinz R. Pagels
21 Lessons by Gigi
Bitcoin Clarity by Kiara Bickers
Rethinking Money by Bernard Lietaer
From Bitcoin to Burning Man and Beyond by John H. Clippinger
The Bitcoin Revolution by Dominick Barbato
The Heretic's Guide to Global Finance by Brett Scott
How Money Got Free by Brian Patrick Eha
Handbook of Digital Currency by David LEE Kuo Chuen
Blockchain Technology Explained by Alan T. Norman
Cryptoassets by Chris Burniske
Attack of the 50 Foot Blockchain by David Gerard
Bitcoin Billionaires by Ben Mezrich
Code by Lawrence Lessig
Blockchain and the Law by Primavera De Filippi
Bitcoin by Dominic Frisby
Blockchain by Mark Gates
The Age of Cryptocurrency by Paul Vigna
Bitcoin For Dummies by Prypto
The Truth Machine by Paul Vigna
Blockchain Revolution by Don Tapscott
Blockchain by Melanie Swan
Digital Cash by Finn Brunton
Introducing Ethereum and Solidity by Chris Dannen
Building Blockchain Projects by Narayan Prusty
Investing in Ethereum by Oscar Flynt
- Please let me know if I'm missing an important book.
The list has the top rated books first.
American Kingpin by Nick Bilton
The Sovereign Individual by James Dale Davidson
The Age of Surveillance Capitalism by Shoshana Zuboff
Mastering Ethereum by Andreas M. Antonopoulos
The Creature from Jekyll Island by G. Edward Griffin
Mastering Bitcoin by Andreas M. Antonopoulos
The Bitcoin Standard by Saifedean Ammous
Digital Gold by Nathaniel Popper
The Internet of Money by Andreas M. Antonopoulos
Creating the Twentieth Century by Vaclav Smil
Applied Cryptography by Bruce Schneier
Blockchain Bubble or Revolution by Neel Mehta
Technological Revolutions and Financial Capital by Carlota Perez
Bitcoin and Cryptocurrency Technologies by Arvind Narayanan
Bitcoin Billionaires by Ben Mezrich
Inventing Bitcoin by Yan Pritzker
The Little Bitcoin Book by Bitcoin Collective
Serious Cryptography by Jean-Philippe Aumasson
An Altcoin Trader's Handbook by Nik Patel
Programming Bitcoin by Jimmy Song
The Price of Tomorrow by Jeff Booth
Bitcoin by Knut Svanholm
Bitcoin & Black America by Isaiah Jackson
The Basics of Bitcoins and Blockchains by Antony Lewis
Mastering Monero by SerHack
Grokking Bitcoin by Kalle Rosenbaum
Why Buy Bitcoin by Andy Edstrom
The Book of Satoshi by Phil Champagne
This Book Will Save You Time by Misir Mahmudov
Bitcoin by Knut Svanholm
Cryptocurrency Investing For Dummies by Kiana Danial
The Dreams of Reason by Heinz R. Pagels
21 Lessons by Gigi
Bitcoin Clarity by Kiara Bickers
Rethinking Money by Bernard Lietaer
From Bitcoin to Burning Man and Beyond by John H. Clippinger
The Bitcoin Revolution by Dominick Barbato
How Money Got Free by Brian Patrick Eha
Handbook of Digital Currency by David LEE Kuo Chuen
Blockchain Technology Explained by Alan T. Norman
Cryptoassets by Chris Burniske
Attack of the 50 Foot Blockchain by David Gerard
Blockchain Basics by Daniel Drescher
Code by Lawrence Lessig
Blockchain and the Law by Primavera De Filippi
Blockchain by Mark Gates
Bitcoin by Dominic Frisby
The Starfish and the Spider by Ori Brafman
The Age of Cryptocurrency by Paul Vigna
The Heretic's Guide to Global Finance by Brett Scott
Bitcoin For Dummies by Prypto
The Truth Machine by Paul Vigna
Blockchain Revolution by Don Tapscott
Digital Cash by Finn Brunton
Blockchain by Melanie Swan
Introducing Ethereum and Solidity by Chris Dannen
Building Blockchain Projects by Narayan Prusty
Investing in Ethereum by Oscar Flynt
Bitcoin and Blockchain Security by Ghassan Karame
