Cryptoassets

Burniske spent years at ARK Invest and helped invent the "cryptoassets" framework that institutional investors now use to evaluate the space. This is the most rigorous attempt to apply traditional investment analysis to a new asset class: how to value a network, how to think about token supply, how to size positions in something this volatile. Some of the specific data is dated (2017 was several lifetimes ago in crypto-years), but the analytical framework holds up. Four worms. The book to read after The Bitcoin Standard if you want to actually invest, not just believe.