Ok, calling all the crypto people to help, I know nothing. Looking at my stupid robinhood app, that I have like one share of Ford in that I forgot about a few years ago, and looking at Monaco and crypto.com as an alternative, any thoughts on where to start (like, $500 investment maybe, that's -all- I can really afford to risk on anything, so not going much higher). @freemo ? Anyone?

@freemo @Coyote If you asked me about cryptocurrency, I would say nothing about making an investment. But if you want to use a currency, I can say something about that.

@likho @freemo Sure, I'll listen. I like to get as much information as I can before I do the opposite and lose all my money. LOL

@freemo @Coyote Most cryptocurrencies, despite the market value, will not have any adoption as a method of payment, and their value relies on people increasingly willing to pay more money for it.

As an example, this is a cryptocurrency market that has adoption as a method of payment (supplies, services, rent, etc). Yet, the currency has no formal presence on any market exchange site.

www.gchange.fr/#/app/home

4/?

@likho

"Most cryptocurrencies, despite the market value, will not have any adoption as a method of payment,"

That can be clearly demonstrated to be false as they **already** have adoption as a form of payment.

Paypal now accepts cryptocurrencies at checkout, this covers like 50% of the internet or more right off the bat.

Moreover a ton of companies directly take Cryptocurrencies as payment now:

* Starbucks
* Microsoft
* Overstock
* Subway
* Shopify
* Dish Network
* AT&T
* Burger King (Venezuela)
* KFC (Canada)
* Twitch
* Pizza Hut (Venezuala)
* Miami Dolphins
* Mavricks
* Virgin Galactic
* Norwegian Air
* CheapAir
* NewEgg

The list is rather long I do I really need to continue?

@Coyote

@freemo @Coyote Note the wording on "most". Sure, there'll be companies that accept bitcoin, eth, and litecoin, but when you go further back on the list on coinmarketcap, not so much.

@likho

Thats hardly an argument against crypto.. It just means only some coins will be winners long run in terms of fiat.. other coins arent even meant to act as fiat so for them that isnt relevant.

@Coyote

@freemo @Coyote I don't argue against crypto. I use it in fact, but I don't invest or speculate.