Just like the rest of the books on the bestsellers’ list about the world’s most powerful financial players, “Bitcoin Billionaires” by Ben Mezrich is also a good read for investors who want to understand more about these digital currencies. From the author’s name alone, it should be no surprise that he has successfully written another bestseller. The New York Times bestseller The Accidental Millionaires was followed by the book The Master of Spin, and then The Unconventional Millionaires. These are some of the best-selling books on the list about the rich and famous.
From the beginning, “Bitcoin Billionaires” by Ben is a must read for those interested in the latest trend and future developments of these popular and highly traded online digital currencies. The author starts his book with a brief history of the popularity of digital currencies in general and the role they play in the global economy. In the previous installments of the series, Ben provided enough background information about the history of the internet as well as the history of the online banking systems. However, in this book, he takes it a step further, elaborating on the history of currency trading. He makes readers realize that these are not just simple money transactions; rather, these have become an important and influential industry.
From there, Ben tells about the various ways in which these virtual currencies have evolved since they first emerged. This includes the introduction of the first ever digital currency, the introduction of online exchanges and the development of the world’s most popular trading platform, the world’s largest market.
As far as the currency trading industry is concerned, Ben also provides us with the latest trends. Among them are the rise in the number of people trying to learn more about this exciting and new industry. In fact, there are even more than 20 million traders across the world looking forward to learn more about trading in the most popular virtual currency market, while it is still relatively new.
Of course, most traders will never join this kind of business. But then, what is not available in abundance is something that is not worth anything. This is why trading is still one of the most profitable activities in the world. Even when the price of the currencies has dropped dramatically over the past few months, there have been people who have managed to profit from this industry. For this reason, there is still a large market of people around the world looking to enter this market.
However, what sets “Bitcoin Billionaires” apart from the rest of the books on this list is that the author gives us more information about the history and current status of this industry. Instead of focusing on the benefits of these digital currencies, Mezrich provides readers with a look into how these currencies started and the challenges that they face.
So instead of just talking about the current status and benefits of this industry, Mezrich focuses on why some people decide to join this business and what they gain from it. He gives more insight into why some people choose to buy and sell. By doing so, he gives the reader an opportunity to learn about the real value of these coins. He also helps the reader see what motivates these people to take part in this industry, what makes them go along with this trend.
And all this information is presented in a way that allows you to compare the advantages and disadvantages of these digital currencies with other, more traditional industries. While they may seem very technical and complicated at first, once you start understanding the basics of this market, it becomes easier to make a decision as to whether to trade or invest in this kind of industry.