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Paras Chopra @paraschopra
, 16 tweets, 8 min read Read on Twitter
1/ Are you late to the party for bitcoins and blockchains?

If you are just getting started to understand this shiny, new thing, I have curated a bunch of resources for beginners. Bookmark this thread as going through all of the resources will require many hours.
2/ Start with The Bitcoin Boom: Asset, Currency, Commodity or Collectible? by @aswathdamodaran. He beautifully differentiates between assets, commodities, currencies, and collectibles and asks the reader to classify which category could bitcoin belong to. aswathdamodaran.blogspot.in/2017/10/the-bi…
3/ To understand how to price bitcoin as a currency, read Cryptoasset Valuations by @cburniske He taught me the concept of velocity of money, and how it impacts pricing medium.com/@cburniske/cry…
4/ Then understand the implication of bitcoin’s underlying technology: blockchain. NYTimes featured a fantastic article on it by @stevenbjohnson It’s called Beyond the bitcoin bubble. I HIGHLY recommend it. mobile.nytimes.com/2018/01/16/mag…
5/ But before you move into exploring blockchain (which is more fun than bitcoins), read another article by @aswathdamodaran on the difference between pricing and valuing something aswathdamodaran.blogspot.in/2016/10/ventur… and then ask yourself: are people valuing bitcoins or they’re pricing it?
6/ Now, to start with blockchains, read a gentle introduction to the blockchain technology by @antony_btc bitsonblocks.net/2015/09/09/a-g…
7/ For another introduction, read: What is blockchain technology - a step by step introduction by @Blockgks blockgeeks.com/guides/what-is…
8/ If you are a product manager, you will find this 5 part series on The Product Manager’s guide to the Blockchain
by @chakrvyuh hackernoon.com/the-product-ma…
9/ For making better mental models on blockchain, read ALL posts on @jmonegro website joel.mn . I recommend starting with Blockchain application stack and definitely not missing Fat Protocols.
10/ I also gained a lot from @albertwenger Crypto Tokens and the Coming Age of Protocol Innovation continuations.com/post/148098927…
11/ If you feel ready to dive into blockchain development, I recommend starting with an interactive tutorial by @loomnetwork In it, you make a game on blockchain called Cryptozombies! It can be finished in a few hours if you know JS cryptozombies.io
12/ If you are not in the mood to do doing, you can get an overview by reading Ethereum for web developers by @mvmurthy medium.com/@mvmurthy/ethe…
13/ Once you understand blockchain, understand the difference between bitcoins and other altcoins by reading: The difference between App Coins and Protocol Tokens by @willwarren89 blog.0xproject.com/the-difference…
14/ Finally, before you get all excited, I recommend going through two well-argued reasons why all of this could be a hype. Start with Ten years in, nobody has come up with a use for blockchain on @hackernoon hackernoon.com/ten-years-in-n…
15/ Then read why many @avtarsehra suggests that ICOs might be a lemon market medium.com/@avtarsehra/ic…
16/ That’s all the reading I did last week. More links in my post: Inverted Passion’s Weekly Reading Recap #1: Basics of bitcoin and blockchain invertedpassion.com/basics-of-bitc…

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