38 books like The Basilisk Murders

Extraordinary Popular Delusions is a catalogue of financial bubbles.

I often say it’s the best book ever written about bitcoin, and it was published in 1841. Extraordinary Popular Delusions is why you’ve heard about the Dutch Tulip-Mania of the seventeenth century. He also goes into John Law’s Mississippi Scheme.

The 1848 edition adds a note on the then-current Railway Mania, every bit as bubbly as crypto or the dot-com era.

The journalist Nathaniel Popper starts at the beginning, telling the story of how Bitcoin emerged from message boards and was slowly but surely propelled forward by government-wary libertarians, computer science nerds, and opportunistic venture capitalists.

Popper persuasively articulates the many problems that Bitcoin solves across the world—and then reveals its extremely bumpy road toward adoption. 

Davies’ Lying For Money lays out a taxonomy of fraud, illustrated with amazing stories of real-life frauds.

Per Davies: “A long firm makes you question whether you can trust anyone. A counterfeit makes you question the evidence of your eyes. A control fraud makes you question your trust in the institutions of society and a market crime makes you question society itself.”

Davies’ key trick to spotting a fraud: look at something that’s growing unusually quickly, and examine it in some way it hasn’t been examined before.

Only the second chapter is about cryptocurrency specifically, but understanding how frauds think is fabulously useful in understanding how crypto works. Not even crypto’s frauds are new.

Davies used different stories in the UK and US editions of the book – so get both.

For Attack, I knew I had to explain the libertarian origins of bitcoin, and Golumbia’s book supplied my reference list for chapter 2. I recommend this book to anyone who wants to understand why bitcoin.

The political currents that went into bitcoin include several strains that are now accepted as the normal Silicon Valley political position—the “Californian ideology.” Bitcoin shares an ancestry with Silicon Valley startup culture, internet free speech movements, the right wing of transhumanism, and the neoreactionary political movement.

It’s a short book, but it does its homework thoroughly. Cryptocurrency still follows the bitcoin political template in 2023.

The Infinite Machine is the beach-read Ethereum book.

Ethereum is the second-largest blockchain out there. It’s the one that’s sometimes referred to as The World Computer, because it can function like an actual computer, but no one owns it. Thousands of people are running it.

If that sounds very abstract and weird, well: it is. Cami Russo walks readers through how that functionality got used in the early days, plus a couple of the really big screw-ups made with this complex global machine. 

It’s a fun book, for as abstract as it all is. She manages to go out and find a bunch of the relevant characters from those early events and bring them to life. 

Most of the talk about cryptocurrency in the mainstream is about Bitcoin, but, the truth is, most of the activity that drives that conversation happens on Ethereum. If you want to understand the weird… show more.

So this book only has one chapter on cryptocurrency (and it dismisses it), but it’s still a worthwhile addition to this list, and here’s why:

Money does a great job showing readers what a protean thing money really is and has always been. Every time money is about to make a giant change in human history, people think that change is completely crazy and will never work. And then it happens, and before long people seem to believe that money could have never worked any other way.

Does it sound relevant now?

While Goldstein eloquently explains and then dismisses Bitcoin in these pages (in fact, it’s one of the best dismissals I’ve ever read), it’s still a worthy entry for anyone who wants to wrap their heads around why so many people have invested so much in fundamentally changing how money works here in the 21st Century.

Once you know… show more.

Being in the crypto space for as long as I have, I’ve heard the argument repeatedly that tokenization is a new thing that blockchains enable and that they are inherently good or bad, depending on where you stand on the issue. But that is an oversimplification.

Rachel O'Dwyer's book is an approachable exploration of the evolving landscape of tokens beyond the usual critique of financialization. Through a first-person exploration of history, O'Dwyer reveals the deeply political nature of tokens, shedding light on their enduring presence and demonstrating how today's digital tokens are simply a continuation of humanity's longstanding use of tokens to facilitate a wide range of social processes since antiquity.

I’m not usually a fan of dystopia, but Doctorow created an immersive, just-enough-in-the-future-to-be-believable world and filled it with compelling, conflicted characters. The protagonist, Martin Hench, is a self-employed forensic accountant (read: hacker!) with high-end computer skills.

While navigating an increasingly hostile environment–including a spell in a homeless camp–Hench digs into dark-web cryptocurrency and the shadowy figures who mine it, upsetting some powerfully dangerous people along the way. Hacking at its finest!

This book kept me guessing all the way to the end, and that doesn’t happen often these days. I’ve read so many mysteries over the years that it’s hard to fool me, but Doctorow manages and then some.

One of the first things I learned when I started to study the topic seriously was that there is a great deal of confusion between payments and banking. Of course, money has different functions; we all understand that, but we live in a time when those functions are, in a way, jumbled together.

There is no fundamental economic reason why banks provide payment systems on such a large scale, and indeed, one of the major impacts of new technologies in the space may be to separate them. This is a timely and well-written book about payments and the extent to which the unbanked problem should be reinterpreted because most people in most of the world want payments, not banking. 

Crypto’s perhaps most important thinker is Vitalik Buterin, the 30-year-old founder of the blockchain Ethereum. Buterin is not only a technological savant but also a deft philosopher and political theorist; he is driven by the desire to improve not just financial systems but many other unjust structures in the world.

This collection of essays over a decade shows Buterin’s maturation as his ingenious ideas collide with harsh realities.