Virtual currency must read books
2 FORTRAN 95 programming, written by Peng Guolun
3 Introction to FORTRAN 77 and 90 / 95 programming, written by Ding Zejun
4. Out of control: the new biology of machines, society and economy
5. Necessity, written by Kevin Kelly, mentions 12 inevitable trends in the next 20 years
6. Master bitcoin, this book will provide you with the necessary knowledge to guide you into the bitcoin world
7. blockchain revolution, written by don Tapscott and Alex Tapscott, tells how the underlying technology of bitcoin has changed money, business and the world
8. Blueprint and guide of blockchain new economy, written by Melanie Swann
9. Blockchain: the concept of quantum wealth, written by Han Feng / Zhang Xiaomei
10. Logic of finance, The author is Chen Zhiwu. The work starts from the cultural and institutional genes of wealth in simple terms, so as to tell readers what the logic of finance is
related books include principles of economics, blockchain: technology driven finance, blockchain Revolution: how bitcoin's underlying technology can change money Business and the world, blockchain technology guide, illustrated blockchain, how blockchain will redefine the world, digital currency: bitcoin data reporting and operation guide, blockchain: from digital currency to credit society, intelligent age, etc. to be honest, blockchain is still a hot resource. It's mainly about judgment (whether it's valuable) and action (to get in early)
recommends a block chain related APP, called golden finance, recommends a public official account, called "Xiao Ke online". The article is rich in materials;
If you know a little bit about technology, you can see "master bitcoin" by Andreas M. antonopoulos, a well-known classic. The author is a famous bitcoin bull, active in overseas social platforms. Other books can selectively read blockchain revolution and so on, but these books seem to have no real feeling, so it's better to start and experience them. We can not rigidly divide the regular software of the currency circle into the following categories:
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digital currency exchange. Don't resist direct contact with exchanges. Digital currencies basically support minimal segmentation. That is to say, you can hold bitcoin for 10 yuan or 100 yuan. The general functions of the exchange include currency trading (digital currency trading, digital currency, usually "stable currency" as intermediate currency), and French currency transactions (buying or selling digital currency directly in French currency), usually in the same sense with OTC or "OTC" in the country, supporting Alipay. Wechat payment, bank card payment and other payment methods) and some high-risk derivatives transactions, including contract transaction and leverage transaction, are not recommended by novices. The operation process is also very simple. Register an exchange account, buy stable currency or other digital currency with RMB, and then trade currency. You can get the price difference by buying low and selling high, which is the basic operation of playing spot. The exchange's choice is nothing more than coin an, fire coin, coin easy, okex and bitfinex
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digital currency wallet. At present, there are a lot of funds calling themselves digital currency wallets in the market, so the risk is very high. So it's better to pay attention to the top wallets with international reputation, and the risk of others stepping on thunder is very high. The purpose of the wallet is very simple, that is to store your digital currency. Because digital currency can only exist in the address of digital currency network, if you don't need to trade digital currency, you can use your wallet to "hoard currency", and then transfer to the exchange account for real-time trading when the currency price rises in the future. Why not store digital currency directly in the exchange? This is because most exchanges adopt centralized management, and your assets will gather in a few wallets of the exchange to meet the demand of capital flow. This kind of wallet with a huge stock has a high risk of being targeted by hackers, so hoarding party will generally choose a personal wallet with a high safety factor to improve the security of their assets
however, virtual currency exists legally in our country. At the end of 2013, the central bank and other five ministries and commissions clearly defined bitcoin as a special Internet commodity in the bitcoin risk notice, and people can buy and sell it freely at their own risk. Other counterfeit currencies have been on the road of legal development. For example, Ruibo has been seeking cooperation with the government and banking institutions, while Fuyuan has been registered in California.
Author: Ji Tianhe, CFO of wanmen University, special columnist of central bank observation, new book "credit creation, money supply and demand and economic structure" by Li Bin and Wu Ge, who work for the Department of commodity administration and the second Department of commodity administration of the people's Bank of China, was published in December 2014. This book is a new exploration in the same direction after the first row by sun Guofeng, deputy director of the Department of commodity administration. If it is said that many traders avoided the money shortage in 2013 by reading the first row, then credit creation, money supply and demand and economic structure is the latest reference to understand the thinking of the central bank. The analytical framework of the people's Bank of China is different from that of the market. Just open the "monetary policy implementation report" and the analysis report of securities companies. Of course, there are many reasons, but perhaps there are two more important ones. One is that the central bank knows its own caliber, but the outside world does not. For example, the number of "general deposits" and specific accounting subjects as the calculation base of legal reserves, as well as the number of excess reserves, etc. Second, for the monthly statistical reports published on the central bank's website, although the market has the same information set as the central bank, the interpretation methods are not the same. Reading the papers and monographs published by the people's Bank of China can help you to a certain extent Credit creation, money supply and demand and economic structure systematically summarizes the fragmentary analysis previously disclosed by the central bank in the report, especially in the three aspects of money creation, offshore RMB, and the relationship between money and prices and output. In terms of money creation, the author follows the framework of Mr. Sun Guofeng and uses the analytical method of balance sheet to refute the popular market views, such as "increasing the legal reserve ratio will increase the total reserve amount", "absorbing deposits to make loans", "absorbing deposits to meet the needs of legal reserve". In addition, the author also focuses on the analysis of how interbank business affects the creation of money, and details the analysis of interbank channels of money creation published in the monetary policy implementation report in the third quarter of 2013, which is of great help to deeply understand the interbank market and the capital price of real economy financing. In the aspect of offshore RMB, the author adopts the same clearing perspective as that of Bank of China Mr. Wang Yongli, pointing out that offshore RMB deposits are the result of credit creation of overseas banks with domestic central banks and banks as "central banks", and the impact of inward remittance of overseas deposits on domestic currency volume is determined by the current three clearing modes. The outflow of funds under the clearing bank mode is similar to the situation that domestic residents withdraw a large amount of cash before the Spring Festival, the agency bank mode is similar to the situation that bank deposits flow into yu'ebao, and the NRA mode is similar to the situation that inter-bank deposits are pulled at the end of the quarter or deposits are transferred within the bank. Therefore, the specific situation needs to be analyzed. In terms of the relationship between money and price and output, the author tries to explain the two seemingly contradictory phenomena of high m2 / GDP and low inflation rate. The view follows the central bank's consistent view on financing structure and high savings rate, that is, bank financing itself creates money, while non intermediary financing creates credit, it does not create new money, but only money transfer, The high savings rate reces the money flow and makes the current new money and GDP decoupling, while the savings deposit can not provide financing for the financing party, which will aggravate the financing Party's demand for the banking system. In addition, the author also points out that the investment driven growth has proced a large demand for credit, which is reflected in the high monetary growth rate and the amount of money. As for the low inflation rate, the author thinks that there are two markets: competitive sector and monopolistic sector. The former is mostly measured by CPI, and the growth rate is low, but the latter is obviously higher in price. A large amount of money flows in the monopolistic sector, thus raising the price, while in order to buy the monopolized procts with higher prices, more savings are formed, thus expanding the amount of money, As a result, the price growth of competitive sectors is sluggish. From a deeper perspective, the author is actually discussing whether the central bank should consider asset prices as a factor in monetary policy-making. On the one hand, higher asset prices will cause the traditional property effect and drive the supply of investment goods, on the other hand, it will attract more capital inflow, which has a direct impact on the monetary structure and should be paid attention to. There may be three points to be added and questioned. First of all, on the channel of money creation, the author follows the traditional analysis method and analyzes the problem from the perspective of loans, foreign exchange purchase and bond purchase. The more basic point of view may be directly from the change of assets and liabilities, that is, the generation of one kind of bank assets corresponds to the decrease of another kind of assets or the increase of bank's own liabilities. If the former, there will be no new money, while the latter will proce new money. By listing specific financial procts, it is easy to be hoodwinked by the procts. For example, the author also mentioned that banks' purchase of other banks' assets will not derive money, but the transfer of excess reserves between banks. But when it comes to creating money through interbank channels, the author also describes how interbank repurchase transactions create new money. Therefore, specific analysis of procts will have certain limitations. After all, procts emerge in endlessly, but once we grasp the changes of assets and liabilities, it will be much clearer. The second point is about shadow banking. Although the author discusses the impact of shadow banking on money supply, he points out that if there is no impact on the amount of deposit money of the debtor side of commercial banks, the shadow banking does not create money. But the real problem of shadow banking is to expand the scope of money, just as my share of yu'e Bao far exceeds my bank deposit, because yu'e Bao share is as easy to use for payment as bank deposit. If yu'e Bao, like the bank described by Mishkin, invests in bonds, and then inhales bank deposits from others to become shares, then yu'e Bao will realize credit expansion and create yu'e Bao's share, that is, the currency of shadow banking. The key of shadow banking is to take the deposits of commercial banks as their reserves. Therefore, even if the original deposits of commercial banks remain unchanged, shadow banks will expand into new currencies. The third point is about offshore RMB. The author describes the deposit derivative model of offshore RMB. In this model, enterprises deposit in RMB to form assets held by overseas banks, banks reserve part of assets as reserves, and the remaining assets are lent out, thus forming deposit derivative through currency multiplier. However, the author also mentioned in the third chapter that the creation of money does not need to carry out multiple deposits and loans in a bank, nor is it the wonderful effect proced by the aggregation of many indivial banks for the overall business of the bank. So whether offshore banks need to spread for many times to generate deposits has become a question that this book does not answer. Finally, I would like to thank Li Bin and Wu Ge for their wonderful analysis in the book, and hope that this book can bring new inspiration to more readers.
the future of bitcoin is still uncertain, so it is recommended that you do not set foot in it easily.
so, the entry point mainly depends on where you want to develop
before you start, you should first read Grigory Mankiw's principles of economics, advanced mathematics (calculus is a must, Only by reading these books can we understand the general basic finance book
Bank:
Mishkin's several versions of monetary finance are not very different, both in Chinese and English, which are required textbooks for undergraates majoring in finance.
Securities:
investment, there are many versions, You can refer to the textbook published by Shanghai University of Finance and Economics Press, which is easy to understand, because it is a new book, so the examples are very recent
however, the three chapters of bonds, equity and options are the most important and also the most difficult for beginners. For many professional vocabulary and calculation formulas, you should first look at advanced mathematics to understand the algorithm derivation, In order to better understand the income maximization of various operations and investment portfolios
Insurance
"principles of insurance" has no special recommendation, as long as the key universities such as the National People's Congress and Shanghai University of Finance and economics can read it, the basis of insurance is mainly law, and the basic economic relations in insurance can be understood
PS. Most of the above books can be downloaded from PDF on the Internet
Finance is a branch of economics. There are many interdisciplinary practices, such as law, statistics and even history. Don't expect to find any finance books that you can get started in one breath. Those who are interested in learning should pay attention to elementary macro and micro economics and advanced mathematics foundation first, otherwise you don't understand a lot of things
hope they can help you~~