Summary

• We are living through the next great technological revolution, but many people don’t have access to the financial system and are vulnerable to economic shocks.
• Bitcoin can help bring about a financial revolution for those who need it most, with its open, decentralized and permissionless protocol.
• First we need to educate people on what Bitcoin is and provide examples of how it can help them, then fight for crypto policy that will support adoption.

The Next Great Revolution

As we look back on a tumultuous year in the markets, it’s easy to overlook the fact that we are living through the next great technological revolution. ChatGPT is just one example of how artificial intelligence will shape our future, but there are many others out there too. Market cycles come and go, yet these innovations being built today have the potential to last forever and revolutionize how we live our lives.

The Unbanked Problem

The tragedy of this advancement is that many people won’t benefit from it due to lack of access to modern financial systems. Around 1.5 billion people around the world are unbanked — unable to participate in this new digital economy due to financial exclusion or lack of banking services in their region. This number has been exacerbated by rapid inflation in developing countries during 2022, with some nations such as Turkey reaching 85% annual inflation rates. These systemic risks within legacy finance systems coupled with government responses have failed miserably at helping those who need it most — making it harder than ever for these individuals to improve their standards of living or take advantage of emerging technologies like cryptocurrency exchanges OKX or cryptocurrencies like Bitcoin which could potentially offer them greater economic opportunity.

Cryptocurrency: A Solution?

Bitcoin may be able to provide a solution by offering an open, decentralized and permissionless protocol which doesn’t require intermediaries for transactions around the world. It is also programmatically designed so as not suffer from inflation like traditional fiat currencies do when governments intervene heavily with monetary policies — though nothing is completely foolproof! However without proper education around what cryptocurrency is and how it can be used safely more widely — coupled with appropriate crypto policies supporting adoption — Bitcoin cannot reach its full potential for providing economic equality and inclusion for those who need it most urgently right now.

What Needs To Be Done

In order for us all stand a chance at creating more equitable economic opportunities across borders and social classes, there needs to be an information gap filled between traditional finance systems and cryptocurrencies like Bitcoin first before any real change can be seen on a global scale. Therefore education should be provided regarding what cryptocurrency is and examples given of how they work – followed up by effective policymaking which supports widespread adoption in order for everyone regardless of background or location not miss out on this incredible new technology available today!

• Bitcoin market volume and volatility have decreased significantly since October and November 2021.
• The lack of volatility and market depth could lead to another leg lower in the market.
• The peak months of bitcoin volume were September and November 2021.

The bitcoin market has seen a significant decrease in both volume and volatility since its peak months of September and November 2021. This lack of activity in the market is concerning, as it could lead to another leg lower in the market. This decrease in volume and volatility has been highlighted in the recent edition of Bitcoin Magazine PRO, a premium markets newsletter.

The newsletter states that the bitcoin price is providing investors with pain due to the lack of a clear change in trends. It also mentions that the overall market depth and liquidity have taken a major hit after the collapse of FTX and Alameda, leading to a decrease in liquidity.

The lack of volume and volatility in the bitcoin market is concerning, as it could lead to another downward trend in the market. This lack of activity has been seen in the spot and perpetual futures markets, with the majority of the activity taking place in September and November 2021.

The newsletter suggests that the most market pain can be felt when having to wait for a clear change in trends. This pain is being felt in the bitcoin market, as investors are still waiting for an explosion in market volatility that will define major directional moves in the market.

It is essential that investors continue to monitor the bitcoin market closely, as the lack of activity could lead to a downward trend in the market. The decreased volume and volatility in the bitcoin market is a concerning sign, and investors should be aware of the potential risks associated with investing in this market.

• Sitiveni Rabuka, the new Prime Minister of Fiji, is reportedly considering the adoption of Bitcoin as legal tender.
• Lord Fusitu’a, a noble and former member of parliament of Tonga, has confirmed that Rabuka is pro-Bitcoin.
• The adoption of Bitcoin in Fiji and Tonga could benefit the two countries in terms of remittances and mining.

Fiji has recently seen a change in leadership, as Sitiveni Rabuka has taken office as the new Prime Minister of the Pacific Islands of Fiji and is reportedly considering the adoption of bitcoin as legal tender. Lord Fusitu’a, a noble and former member of parliament of neighboring nation Tonga, has confirmed that the Fijian politician is a bitcoin bull.

Lord Fusitu’a shared the news on Twitter, stating “A new pro-#Bitcoin friendly Prime Minister in the South Pacific. Fiji’s newly elected Prime Minister @slrabuka.” He went on to hint at the legal tender legislation, saying “Let’s go 2 for 2 – BTC Legal Tender Bills for the Pacific in 2023.” This potential legislation came to light after El Salvador’s Bitcoin Law came into effect.

The adoption of Bitcoin in Fiji and Tonga could benefit these countries in two specific areas; remittances and mining. Remittances sent to Fiji accounted for 11.3% of the country’s gross domestic product (GDP) in 2021, per World Bank data. Tonga’s situation is even more dramatic –– remittances were a whopping 45.5% of the nation’s GDP in 2021. Mining could also be a great opportunity for both countries, as they could take advantage of their geology to power bitcoin mining operations.

It remains to be seen if the new Prime Minister of Fiji will move forward with the adoption of Bitcoin as legal tender, but the news of his pro-Bitcoin stance is certainly encouraging. If the legislation is successful, it could provide much-needed relief to both countries in terms of remittances and mining. The next few months will be interesting to observe, as the new Prime Minister of Fiji solidifies his stance on Bitcoin.

• Metaphors and analogies can be used to help people understand Bitcoin, but they should not be taken too literally.
• The metaphor of “storing time” in Bitcoin is an overly loose and imprecise metaphor that should not be taken too seriously.
• Bitcoin can be seen as a store of value if we consider longer time frames, but it should not be seen as a literal “store of time.”

Bitcoin has been around for over a decade now and it has become increasingly popular as a digital currency. Bitcoin has been likened to many things over the years, from gold to digital cash and beyond. However, it is important to not take these metaphors and analogies too literally, as they can lead to incorrect assumptions about Bitcoin.

The concept of “storing time” in Bitcoin is an example of a metaphor that should not be taken too seriously. While it is true that Bitcoin can be seen as a store of value over longer time frames, it should not be viewed as a literal “store of time.” This is due to the fact that Bitcoin is not a tangible asset, and therefore it cannot be said to “store” time in any literal sense.

More accurately, Bitcoin can be seen as a store of value, meaning that it can be used to preserve wealth over time. This is due to the fact that Bitcoin is decentralized, meaning that it is not subject to the whims of central banks or governments. This means that Bitcoin can potentially hold its value better than fiat currencies, which are subject to inflation.

Additionally, Bitcoin has certain features that make it attractive for long-term investments. For example, Bitcoin has a limited supply, meaning that its value can potentially increase over time due to scarcity. Also, Bitcoin has a low correlation with other assets, making it a good diversification tool for investors.

In conclusion, it is important to be aware of the various metaphors and analogies that have been used to describe Bitcoin. While these can be helpful in certain contexts, it is important to not take them too literally. Bitcoin should be seen as a store of value, rather than a literal “store of time.” This means that it can be used to preserve wealth over the long term, and that it is a good diversification tool for investors.

Taxas de depósito
As taxas de depósito do eToro são geralmente baixas. Este é particularmente o caso dos depósitos em USD. Se fizer depósitos noutra moeda, poderá ser aplicada uma taxa de conversão. Esta taxa dependerá também do tipo de método de depósito utilizado.

Para depósitos efectuados noutra moeda por transferência bancária, será aplicada uma taxa fixa de 50 pips, independentemente da moeda. Para cartões de crédito/débito e eWallets, a taxa de conversão é a seguinte:

EUR – 250 Pips
GBP – 50 Pips
AUD – 100 Pips
RUB – 50 Pips
Note que o seu banco pode também cobrar-lhe uma taxa. Deve verificar a política do seu banco a este respeito.

Retiradas

Os levantamentos do eToro podem ser feitos utilizando os mesmos métodos que os depósitos. Como mencionado acima, trata-se de transferência bancária, cartão de crédito/débito e eWallets.

É de notar que os regulamentos anti-lavagem de dinheiro exigem que o seu método de levantamento corresponda ao seu método de depósito.

Taxas de retirada
As taxas de levantamento do eToro são uma taxa fixa de $5 ou o montante equivalente, e só pode levantar montantes superiores a $50.

Divuetorolgações e Comissões

Os spreads do eToro são oferecidos apenas como spreads variáveis. Não existem opções de spread fixas com este corretor. Poderá descobrir que os spreads do eToro são ligeiramente mais largos do que os dos seus concorrentes. Isto deve-se à existência de uma infra-estrutura sólida de comércio de cópias, da qual também pode beneficiar como comerciante.

Nos principais pares de divisas, os spreads começam geralmente em cerca de 1 pip. Dito isto, os spreads entre 2 e 4 pips são bastante comuns. eToro não cobra qualquer comissão pela negociação.

Para lhe dar uma imagem mais clara, aqui estão alguns exemplos de spreads para os mercados eToro trades mais frequentemente:

EUR/USD – 3 pips
Ouro – 45 pips
S&P500 – 75 pips
Bitcoin – 0,75% do valor crypto-asset
Acções dos EUA – 0,08% do valor do activo
Real Stock e ETF Trading Commissions
Um aspecto importante do comércio com eToro é a capacidade de negociar acções reais e ETFs. Isto resulta numa negociação sem alavancagem e o activo subjacente é seu. Neste caso, eToro não cobra qualquer comissão sobre estas transacções. No entanto, pode manter uma percentagem do dividendo.

Isto depende do país onde a empresa está sediada e, como exemplo, no caso das empresas americanas e ETFs, este montante corresponderia a 30% do dividendo. O apoio ao cliente de eToro pode fornecer-lhe mais informações sobre as diferentes percentagens para cada país.

Taxas eToro
Outra consideração importante para qualquer comerciante forex, principiante ou experiente, são as taxas. Vamos dar uma vista de olhos às definições de tarifas do eToro:

Tarifas de pernoita
eToro cobra uma taxa nocturna, tal como praticamente todos os outros corretores. Também conhecido como taxa de swap ou rollover, é um pagamento de juros com base nos activos e no período de tempo em que a posição esteve aberta. Esta taxa só se aplica a transacções alavancadas e posições curtas. Portanto, no caso de negociação 1:1 em acções, ETFs e crypto-assets, pode ser evitada.

Uma vez que não cumpre os princípios da Shariah, também pode ser evitada se tiver solicitado uma conta islâmica e a sua candidatura tiver sido aprovada.

Taxa de inactividade
O eToro cobra uma taxa de inactividade. Esta taxa ascende actualmente a $10. A taxa de inactividade do eToro só se aplica se não tiver feito o login na sua conta durante 12 meses consecutivos.

Se não houver fundos suficientes na sua conta para pagar a taxa de inactividade, a sua conta pode ser encerrada.

Prós
Conta de demonstração ilimitada
Depósitos mínimos baixos na maioria dos casos
0% de comissões sobre acções e ETFs quando se negoceia a sério.
Contras
Propagações relativamente elevadas
Imposto sobre os dividendos relativamente elevado do eToro
Depósito mínimo de conta islâmica muito elevado.