*updated May 24th, 2018, below
I have been thinking about Bitcoins a lot lately. Some research later (see below) and I find an intriguing story, including a bit of drama, humour and general synchronicity of the best kind in terms of the dominant archetype energies of the times. I am not done with this yet, but I offer my first impressions…
Bitcoins hit the idea-scene in 2008 – the year that Pluto entered Capricorn* – and their sole function is the exchange of money and value via computer and smartphone exclusively involving the two parties exchanging…Attention: that’s a solid example of Uranus in Aries finding a way to say ‘screw you’ to the current traditional monetary systems.
It seems to me that the characteristics of the originator as well as the ongoing ‘in charge’ bunch, manifest some of the higher qualities of Saturn. They have experienced and worked through the typical glitches and the great rollercoaster ride of launching a new concept with passion, focus, determination and professionalism. Consequently, it hasn’t been all sticks; carrots can now be measured by the bushel. This is exactly the co-creative journey an entity working the energy well should have.
Bitcoin has one characteristic that will keep users on their toes. While just about everyone has a presence in virtual space and a personal page, when it comes to your value transactions you seek some privacy and that’s expected. But you must take personal responsibility for what you want. You must not forget to change your address after each and every transaction and depending on your activity levels, security software is available for your consideration. I think of this as typical of being a responsible proactive citizen in a democratic 21st century environment, cheesy as that might sound. But one could say that this is what the square is really all about.
I just love the following paragraph from the Bitcoin site. It is so SO in Time!
Bitcoin is an experimental new currency that is in active development. Although it becomes less experimental as usage grows, you should keep in mind that Bitcoin is a new invention that is exploring ideas that have never been attempted before. As such, its future cannot be predicted by anyone.
I cant resist just one more:
Bitcoin price is volatile. The price of a bitcoin can unpredictably increase or decrease over a short period of time due to its young economy, novel nature, and sometimes illiquid markets.
Volatile, young, and novel are all about hi-tech Uranus in Aries and illiquid markets are all about Pluto in Capricorn. I don’t have a magic ball. I haven’t (yet) used bitcoins personally. I am just noting that the right ingredients are here. It seems to me that at least a sizeable part of the future of ‘the exchange of money and value’ will look a lot like Bitcoins.
*Pluto is the archetype easy to understand via the phoenix myth of a body that bursts into flames, disintegrates into ash and then re-rises brand new and better. Death and Resurrection, Transformation, Purge through Fire. Pluto entered Capricorn in 2008. Capricorn rules structures in the public square, particularly government and banking.
Uranus is the archetype that brings lightening bolt speed of information, data, comprehension and typically shocks, surprises and agitates. Archetype Mercury x 1000, super-speed networking, A Way where, a moment ago, there was No Way. Uranus entered Aries in 2010. Aries is the Individual and the desires thereof.
As both of these archetypes are signified by outer cosmos placements, their effects are said to begin influencing from still quite some distance off, to permeate globally via the parametres of the themes that focus/channel them and take years to run their course within these themes.
Both of these are further described on the Homepage.
Exact 90′ squares (difficult, high friction energy-flow angle) of these archetypes follow. See how they correspond to global and personal events?
June 24th, 2012: 8 degrees
September 19 2012: 6 degrees
May 20 2013: 11 degrees
November 1 2013: 9 degrees
April 21 2014: 13 degrees
December 15 2014: 12 degrees
March 17 2015: 15 degrees
Asset or Currency?
Here is a May 2018 link to a debate between a bit coin supporter and Martin Armstrong. Is bitcoin an asset or a currency? (link)