Bitcoin may be revolutionizing the way we understand money, but it hasn’t made everything obsolete – like books.Books remain a powerful resource for storing and transferring knowledge to the masses, and whether you prefer to consume them on crisp paper pages or through the soft glow of a tablet, we hope you find time to flip through these: 1.Mastering Bitcoin: Unlocking Digital Cryptocurrencies, by Andreas Antonopoulos.This book is an essential primer for understanding the concept of a decentralized, electronic currency.Antonopoulos masterfully renders the complex enigma that is cryptocurrency into the language of the average person.Whether you are searching for a text that explains the technology, application, or purpose of Bitcoin, this book is your starting point.We tip our hat to Antonopoulos for writing such a thorough work on such a difficult subject.The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order, by Paul Vigna and Michael J Casey.

Not everyone will invest in Bitcoin during its infancy – but almost everyone is curious what the craze is all about.Is it all hype or is there potential for a revolution here?Vigna and Casey, both Wall Street journalists, make the case for the future of cryptocurrency and specifically Bitcoin.If you want a tempered prognosis about the real potential of Bitcoin, this is the book you have been looking for.Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money, by Nathaniel Popper.Where did Bitcoin even come from?That is a fair question, and one that there isn’t actually a complete answer to.But Popper’s book does as good a job as can be done.He delves into the cast of characters who have pushed and prodded this technology into the public consciousness, and shines some light on some of Bitcoin’s greatest tales – including the many theories about the ever elusive Satoshi Nakamoto.4.The Book Of Satoshi: The Collected Writings of Bitcoin Creator Satoshi Nakamoto, by Phil Champagne.

If you want to be able to hang out with “Bitcoin people”, you’ll have to know a little bit about Bitcoin lore.The mystery behind Nakamoto is not just one of the central pillars of that lore, it is one of the more fascinating questions of the 21st century.Is he even a single person?And how can someone create such a powerful form of technology in total anonymity?Champagne’s book will catch you up to speed on this tantalizing conversation.bitcoin foundation italyBlockchain: Blueprint for a New Economy, by Melanie Swan.ethereum amd vegaAre you ready to get a little bit technical?bitcoin ban in pakistanA lot of people will tell you that Bitcoin is a fad, and not an important one – that Blockchain is the important advancement in all of this.bitcoin mining setup pool

And maybe they’re not.It’s up to you to decide.This book considers the power of Blockchain and how it can change the world as we know it.If you read any of these, please let us know what you think.And if you already have read some of them, we want to hear from you, too!If you could have written this list, which books would you have added and which would you have removed?We get a lot of inquiries from our users regarding joining bitcoin cloud mining services /investment schemes.ethereum virtual miningMining is an essential part of the bitcoin ecosystem.bitcoin executive killedEarnings from mining schemes depend on a lot of factors like the current level of mining competition and the bitcoin price.Sometimes we come across mining schemes which guarantee a fixed or high return to their users.We are sure this is NOT possible.We urge you to use CAUTION before investing in such schemes.Please note that we are NOT associated with any bitcoin cloud mining services /investment schemes.

If you’ve hung out with any hipsters, hippies or techies — or even if you just read the news, you might have heard of bitcoin, the virtual currency or cryptocurrency.It’s a way for users of the currency to buy and sell things anonymously and without their money being tied to a central authority like a bank or government.If that sounds good to you, here are the essential things you need to know about how bitcoin works.So, what are bitcoins?Bitcoin is the most well-known digital currency.Bitcoins are not printed like dollars or coins; they are virtual.Bitcoin information is stored in the cloud and decentralized, meaning no government or bank controls it.Instead, computer networks using distributed ledger technology keep track of who owns what.Thanks to new software systems such as Bitcoin XT, users don’t even need a computer, but can keep and use bitcoins with smartphones.The amount of bitcoins that can ever be produced has been set at 21 million.This limit was established to ensure the value of the currency.

However, bitcoin’s value can and has fluctuated dramatically.Bitcoins were first introduced in 2008, in a paper by a mysterious computer programmer going by the name of Satoshi Nakamoto.Nakamoto’s true identity remains unclear, despite the recent claim by Australian computer programmer Craig White that he is the inventor of bitcoin.Read: How Your Bank Is Rapidly Adapting to Millennial Banking HabitsBitcoins work like any other currency, at places where they are accepted.Bitcoins can also be accepted by individuals as payment.In this way, the fees for exchanging money internationally can be dramatically reduced since no banks or exchange rates are involved.However, not all businesses or individuals accept bitcoins.The bitcoin system works because of something call blockchain technology, which is a form of distributed ledger technology.Distributed ledgers operate using a network of computers that hold identical copies of database information.In this case, bitcoin blockchain technology holds the value, ownership, and complete history of each bitcoin.Blocks of information can never be erased from the ledger, and can only be updated with a consensus of blockchain participants.

This system creates a level of transparency, security, and reliability that does not exist in traditional databases, which are held by only one, controlling institution.The first real-world bitcoin transaction occurred when a Florida programmer paid 10,000 bitcoins to get two pizzas delivered from Papa John’s Pizza.Today, more and more businesses — including Microsoft, Dell and PayPal — accept the currency, mostly through middleman agencies.Microsoft, Dell, PayPal and more accept bitcoin.Read: How to Make Bitcoin Part of Your Retirement PlanBitcoin advocates say that because no governments or banks are in control of this cryptocurrency, it is safe.Their argument is that because there’s been a limit to the amount of bitcoins that can ever be produced, the danger of a central bank or government printing new money whenever it gets in trouble is non-existent; so the risk of bitcoins becoming devalued is removed.Bitcoin advocates also point to the transparency and redundancy of blockchain technology.However, bitcoin’s value has had a volatile history, with more than one dramatic drop in value.

The latest dramatic change came after Brexit, when the U.K.voted to leave the European Union, in June 2016: The value of a bitcoin dropped by nearly 30 percent.The value of a bitcoin has fluctuated greatly over time.However, since the currency was first created in 2008 and mined in 2009, it has increased in value dramatically.Data on the value of bitcoins begins around 2010, when it was worth less than a dollar.In August 2010, for example, one bitcoin was worth 6 cents, according to BitcoinAverage, which provides a bitcoin price index.It wasn’t until April of 2011 that bitcoin broke the dollar mark.The currency reached its greatest value in November 2013 when it surpassed $1,000.As of August 23, 2016, the price was $586.02, according to BitcoinAverage.In 2008, when the mysterious Nakamoto’s paper outlining bitcoin dropped, the world was losing faith in traditional monetary systems.Federal Reserve was busy selling “quantitative easing” to taxpayers, basically printing large amounts of new money.Bitcoin, on the other hand, rejected putting faith in those same politicians and so-called financial wizards who had wrecked the economy.

Bitcoin promised a few enticing features:To much of the public who had just witnessed — and felt — a total collapse of the traditional monetary system, bitcoin looked good.Read: How SmartMetric’s Fingerprint Technology Can Prevent Billions in Credit Card Fraud LossAssuming you are not a merchant or service provider who accepts bitcoins, there are two common ways to get bitcoins.You can either buy them through an exchange or earn them through what is called bitcoin mining.To avoid fraud, bitcoin works on a shared public ledger.Since there is no centralized authority, the ledger needs some bitcoin users to validate transactions.They do this by mining bitcoins, which is solving complicated cryptographic puzzles.For solving these puzzles, users are issued bitcoins.Anyone can mine bitcoins, but to do it successfully, you’ll need specific bitcoin-mining software and hardware.You can also buy bitcoins through exchanges using your bank account, credit card or debit card, depending on the exchange.

For instance, in the U.S., you can buy bitcoins online through various exchanges, such as Coinbase or Indacoin.The bitcoins are then sent to your bitcoin wallet, a place that stores the digital information you need to spend your bitcoins.Although bitcoins have been banned in some countries, they are legal in the U.S.However, the use of bitcoins is under scrutiny by the FBI and other government agencies, because it’s viewed as a currency uniquely suited to illegal activities thanks to its decentralized and anonymous nature.Bitcoin was the only currency accepted on the infamous, underground Silk Road online network, which criminals used to trade illegal goods, including narcotics.The FBI shut down Silk Road in 2013.Central banks around the world are closely monitoring the acceptance, use and popularity of bitcoin, according to International Banker.And although the amount of bitcoins in circulation is minuscule compared to the amount of dollars that exist and are used, this virtual currency is still making an impact.

For instance, more than one country — most notably, Canada and Ecuador — are exploring the possibility of issuing a digital version of their own currency.In fact, a Finnish startup called eCurrency Mint is negotiating with 30 central banks around the world to provide the technology needed to issue their own digital currency, according to International Banker.You can use bitcoins as an investment and today it’s easier to do than it was in the past.For instance, you can buy bitcoins and hold them in your bitcoin wallet, which you can control yourself or which you can have hosted.There are many exchanges, such as Coinbase, Circle, and others, where you can buy bitcoins.Or, if you are truly only interested in bitcoins as an investment vehicle and don’t plan to use them as a currency, then you can buy shares of a trust called GBCT, sponsored by Grayscale Investments.Each share represents one-tenth of a bitcoin and can be held in an IRA, Roth IRA, 401k or other brokerage and investment account.