By Angela Ilievski – Coinfloor Autobuyer on the Bitcoin journey towards monetary re-education
There are many sources of published information about Bitcoin aimed at readers with varying degrees of knowledge, ranging from very basic entry-level texts or videos to more technically-oriented volumes focused on the ‘how’ of Bitcoin to more abstract, academic or even philosophical approaches aiming to explain ‘the why’ of Bitcoin.
While the younger generation tends to educate themselves through websites, podcasts, social media or YouTube, more ‘mature’ customers tend to reach for a book when they want to learn more about a subject. Therefore, apart from the initial website recommendation, the focus of this article will be on books I have found interesting and informative. As a subjective selection, the list does not claim to be comprehensive—but it’s a great place to begin.
A good starting point for any investment-related enquiry is the website ‘investopedia.com’ which has a selection of articles on Bitcoin ranging from a useful glossary of terms, to a clear and comprehensive practical guide to recommendations on further reading targeted at those looking to invest in cryptocurrency:.
Although not on the Investopedia list, I found the following books very helpful in learning about Bitcoin:
Turning to the mainstream broadcast media, it is difficult to find objective, factual coverage of Bitcoin. The mainstream channels tend to focus on the more sensational aspects of the cryptocurrency world e.g. the recent BBC documentary ‘The Missing Cryptoqueen: how this woman scammed the world then disappeared’. I have found the Keiser Report (on RT and YouTube) excellent for an ‘alternative’ take on finance news generally and Bitcoin in particular. The second segment of the show features some insightful interviews with experts in related fields. Real Vision Finance with Raoul Pal (YouTube) features daily stock market updates and in depth interviews covering Bitcoin in a macro investment context.
Finally, although released in 2014, the documentary ‘Life on Bitcoin’ remains relevant in addressing the frequent criticism that digital currency is not as useful for buying everyday items as cash or cards. Following a newlywed couple on their 100-day experiment spending only in Bitcoin, it proves the sceptics wrong.
About Angela – in her own words
I am a 60-something retired teacher living with my partner and 20-something son in Bournemouth. We live in an era of low – potentially negative – interest rates, a looming recession and a stock market increasingly detached from the real economy; my own reading and research into Bitcoin has convinced me that it represents a fascinating investment opportunity. With a limited disposable income and a lifetime savings habit, I have found the Coinfloor Autobuy account to be a hassle-free way of investing in Bitcoin. My objective is to diversify my investment portfolio, preserve my hard-earned capital and— over time—-generate a decent return.