|Digital List Price:||$30.00|
|Print List Price:||$30.00|
Save $13.50 (45%)
Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond Kindle Edition
Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
Customers who bought this item also bought
From the Publisher
Chris Burniske is a cofounder of Placeholder Ventures, a New York firm that specializes in cryptoassets. Prior to Placeholder, he pioneered ARK Investment Management’s Next Generation Internet strategy, leading the firm to become the first public fund manager to invest in bitcoin. He then transitioned to focus exclusively on cryptoassets, paving the way for Wall Street to recognize it as a new asset class. His commentary has been featured on national media outlets, including CNBC, the Wall Street Journal, the New York Times, and Forbes.
Jack Tatar is an angel investor and advisor to startups in the cryptoasset community, and speaks and writes frequently on the topic. With over two decades of experience in financial services, he was one of the first financial professionals to receive certification from the Digital Currency Council. He is the coauthor of one of the earliest books on Bitcoin, What’s the Deal with Bitcoins?
--This text refers to the hardcover edition.
About the Author
Jack Tatar is an angel investor and advisor to startups in the cryptoasset community, and speaks and writes frequently on the topic. With over two decades of experience in financial services, he was one of the first financial professionals to receive certification from the Digital Currency Council. He is the coauthor of one of the earliest books on Bitcoin, What’s the Deal with Bitcoins? --This text refers to the audioCD edition.
- Publication Date : October 20, 2017
- File Size : 12526 KB
- Print Length : 369 pages
- Publisher : McGraw-Hill Education; 1st Edition (October 20, 2017)
- Word Wise : Not Enabled
- Text-to-Speech : Enabled
- X-Ray : Enabled
- Enhanced Typesetting : Enabled
- Language: : English
- ASIN : B0743MPV9R
- Lending : Not Enabled
- Best Sellers Rank: #70,557 in Kindle Store (See Top 100 in Kindle Store)
- Customer Reviews:
Top reviews from the United States
There was a problem filtering reviews right now. Please try again later.
The authors start with a brief historical overview, beginning with the 2008 financial crisis, providing a narrative baseline that helps make Bitcoin and all the cryptoassets that came after, make sense. The description of the technical aspects is not too complicated, while providing a clear solid description of what blockchain is and why it matters as an innovative leap forward. When discussing Bitcoin, Ethereum, Litecoin, Golem, etc. many people default to calling these assets "coins" or "cryptocurrency". The authors do not do this. I think, one of the key points they bring to the discussion is that cryptoassets are not simply currency. Cryptoassets include currencies, along with commodities, and tokens. As the market matures understanding this will become more important. The distinction the authors make by focusing on assets verses currency also helps as they move through the topic of investing and how to determine the merit of one asset type over another.
For someone who has not followed the development of cryptoassets from 2009 to the present, the description of how cryptoassets have been received by the traditional investing community and the US government, was particularly useful. It provides a picture of how developed the market is and what needs to happen for the market to continue mature relative to existing practices. As a prior hands-off/non-investor the discussion of financial tools like exchange traded funds (ETF), or the recent development of initial coin offerings, or initial cryptoassets offering, (ICO) and the current government perception of taxing cryptoassets was all very helpful. Most likely, cryptoassets will transform investing more than they already have. The book suggests possible ways this might play out without being overly rigid with assumptions.
Practical overviews of exchanges, wallets, mining, were also helpful. There is an inherent limitation in discussing these subjects. The technical aspect can easily get mired down in quickly changing minutia, which is not the point or strength of this book.
The authors also address the merit of cryptoassts as an asset class. They provide a defense of cryptoassets and, by comparison show how cryptoassets differ from money making schemes and fraudulent ways of separating people from their money. That is not to say no cryptoassets are scams. Like with fiat currency, scams exist within the crypto world. Cryptoassets are not inherently a scam. In fact, they offer many benefits. Although I was already convinced of the value of cryptoassets, these sections strengthened my own understanding and ability to talk with other people.
I've ordered and read several books on cryptoassets. This book is easily one of the best places for a beginner or dabbler to start growing their understanding of cryptoassets and investing. It does an excellent job of introducing both. It should be in any crypto-investor's library. I hope as the market and technology develop this book is updated in order to remain current. As of early 2018 it is still quite relevant.
I bought the Kindle, Audible, and hardcover versions. The Audible narrator, Dave Clark, made the sections I listened to easy to follow. I would listen to him again without reservation.
When it comes to books about bitcoin, blockchain, and cryptoassets, the are as many books out as ICO’s and sadly they have the same depth and value, none. I am happy to be able to say this book is not one of them. This book has depth as well as value.
There are several aspects I like about this book that I am going to write about in no particular order, because I like them all equally.
First I will mention the writing style. The authors have an easy to read writing style that makes the book an enjoyable read.
I love all the history in it. The book does a great job of covering the evolution of cryptoassets. They cover the good, bad, and ugly of bitcoin’s history and bring us into the present world of decentralized applications.
The authors break cryptoassets into cryptocurrencies, cryptocommodities, and cryptotokens. They cover each one in detail and give a lot of examples of each in existence today. The examples include bitcoin, Litecoin, Ripple, Dogecoin, Dash, Monero, Zcash, Ethereum, Auger, dApps in general.
I like that the author’s are not cryptozealots. They paint a realistic picture of the landscape and give fair warning to those that may embark on a ride of the cryptoasset roller coaster.
The authors provide an analysis and valuation framework that lays out the elements to look for and analyze when deciding on weather or not an investment would be worth it. Their framework not only does a great job of listing all the elements, but they also do a great job of putting them into context, explaining their role, and what to look for.
Another thing I have spent hours in is all the notes. They have a ton of great references. These totally sidetracked me several times.
When I read a book I mark the outside with things I want quick access to or want to remember. I have added 2 pictures to the review to show you there is a lot of things you’ll want to recall as you go through your journey.
If you are thinking about investing in cryptoassets, this book is a must read.
My only criticism is that the book’s view of cryptocurrency doesn’t include an interesting class of tokens focused on exchange for assets (and to some extent being asset-backed). I own several of those currencies and don’t find that the book’s approach to evaluating the cryptocurrency applies. Maybe that will be addressed in future editions.
There should be future editions of this book. The book cuts off at the beginning of January 2017 and we all know the explosion in cryptocurrency since then. I hope the authors revise and extend the book using their sound methodology so it doesn’t go too far out of date. We need more books like this with good investment advice and no hype.
Top reviews from other countries
It's no lightweight and there is a major focus on investing strategies.
If you plan to invest a lot, long term, then this is a great book to read.
Lots of detail but written in an accessible style.
It's written in a straight forward style and will provide a good reference book for the future.