How to learn about bitcoin
I finally took the time to learn a little bit about Bitcoin–this was long over due given all the hype. Here are the top links from around the Internet that I found valuable to aid me in my understanding and that really shaped my thoughts:
What you’ll learn: Michael does an excellent job helping you build your understanding of Bitcoin. His post starts off by describing a hypothetical yet basic crypto currency that has obvious flaws. As he progresses, he describes clever solutions that build off each other to solve each problem. Ultimately, all the solutions described make Bitcoin what it is today.
What you’ll learn: This is how you’ll learn about the most basic terminology. I really liked this page because it was fairly succinct.
What you’ll learn: Adam is quite opinionated here but I am glad he was. He presents very persuasive points around why Bitcoin is just a bad investment and a flawed currency. His most convincing points are: Bitcoin is inherently deflationary which makes it more of an asset than a currency people will spend and that the economy is at major risk when Murphy’s Law hits.
What you’ll learn: This is the original paper that describes Bitcoin. I thought about skipping this because I thought it would be overwhelming and difficult to follow as a newcomer. I couldn’t have been more wrong. It’s extraordinarily enlightening and answered a lot my remaining questions. It helped me overcome my misunderstanding in how the network, blocks, and block chains operate together.
What you’ll learn: Clears up common misconceptions about Bitcoin that the media poorly explains from time to time.
As I learn more, I’ll continue to update this with other useful links that I find.