Once I started thinking how chained txs might work, I am kind of stumped. If someone can explain how it works, mighty appreciated.
I am 15 and have around 0.01 BTC, but I dont have any way of spending it. Anyone got any ideas how i could spend it online (or in person would be better.) I am in Australia.
Getting a BTC debit card is not an option as you have to be 18. Selling the BTC and getting a real debit card is not an option, because I have no way to sell it (exchanges require you to be over 18 as well)
If you know of anyways I would be so grateful, I have been looking around for ages!
Bitcoin is antithesis to irresponsible sovereign currency issuers. So, its important to learn how governments manage their own currencies.
In simple terms, MMT is a method by the governments to manage a balanced economy by issuing their own currency as much they need and then control inflation by tweaking the taxes. The experts are proposing MMT as the silver bullet with no risk.
But the end game will be a collapse in the value of their Sovereign Currencies. This is a potential catalyst that can get Bitcoin to $1M.
A good read for understanding where we are heading and the potential consequences:
MMT explained in simple terms by an animated owl, watch this video.
A short video for CNBC explaining the basics of MMT here.
A good read on MMT: https://www.businessinsider.com/modern-monetary-theory-mmt-explained-aoc-2019-3
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