this
and also lp providers
and sneaky swap fees
and spreads due to low liq
and with time pro traders get even better tools and accumulate even more cash
trade less is a great principle to take into the new year but main lesson here in about understanding where you trade and against whom
why would people switch to coinbase for trading?
if they trade stocks they already have a broker or smth funded so if they move money they will need to sell or have extra taxation or bureaucracy involved
same goes for other assets
prediction markets already been widely available in US and abroad / with VPN
so overall only relevant for existing coinbase users who got a lot of extra cash to play with
ordered anti stress toy from ono on black friday for 25 EUR
12 EUR shipping, fine
arrived into customs
14 EUR VAT (23%)
14 EUR “Customs clearing process”
man I love europoooor
til about yen carry trade
free money basically to reinvest for banks and institutions who got themselves to plug into japanese system
cheaper to borrow than usd