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1. lnxw48a1 (lnxw48a1@nu.federati.net)'s status on Tuesday, 29-Dec-2020 01:48:18 EST lnxw48a1
   So, it looks like I’m going to have to try out one or more #cryptocurrencies, such as #Bitcoin ( BTC ) or #Ethereum ( #ETH ).
   
   But I’m not pretending that I can time the market, so I’m not looking to buy something that will rise high enough to make me a millionaire. I’m looking at them as a medium of exchange, a means to facilitate purchases and sales. At this point, I’m not looking at them as a store of value, and certainly not as an investment.
   
   Despite my insistence in conversations with #sonTwo that he should likewise consider cryptocurrency only as a means to purchase things, his father-in-law has been reading about sky-high #BTC prices and is putting up a small amount of money to get started investing in #cryptocurrency.
   1. lnxw48a1 (lnxw48a1@nu.federati.net)'s status on Tuesday, 29-Dec-2020 01:51:05 EST lnxw48a1

      in reply to
      I’m still “scared sh*tless” over the thought of opening an exchange account and giving them banking information, so I’m not planning to go that route.
      
      Maybe I’ll check out LocalBitcoins and use that method, once I’m working again and have some funds to risk.
   2. lnxw48a1 (lnxw48a1@nu.federati.net)'s status on Tuesday, 29-Dec-2020 03:01:45 EST lnxw48a1

      in reply to
      Anyway, I'm looking to expand Federati Networks in the future. More instances, more services. And the opportunity for members to contribute (financially, or as moderators, or in other ways). I think I will want to set up a funding account that can accept cryptocoins as well as US currency.