My first thoughts about the astrology of Facebook’s new Libra currency were vaguely paranoid. I flashed back to an Aquarius teacher I had when I was 10. She had various themes – fluoride in the water eroding the Third Eye was one – but particularly warmed to the perils of a one-world currency.
An avowed atheist, she would nonetheless quote the bible when it came to the concept of currency. Then I recalled the long, mind-destroying hours spent with FB help, trying to convince them that an image of the planet Saturn could not be reasonably considered “a nude,” despite being “flesh-colored.” So, I’m out already, and I cannot imagine the regulatory privacy-data-legislation challenge this is going to entail.
But okay, it’s here, and it’s not so much a cryptocurrency as a new currency. And, though people on Twitter and Co hate the name Libra and are suggesting – for example – Capricoin, I think Libra is apt. It is already such an ambiguous subject. The prevailing opinions about it are polarized.
The Astrology Of Facebook’s New Libra Currency Is Hyper-Weird
To broadly summarize, there is:
(1) This is going to be the ultimate game-changer, goodbye fiat currency, and legacy financial systems. It will be liberating and empowering, completing the end of the dated system that failed in 2008. Libra is a revolutionary innovation that is the natural evolution of the artificially suppressed interest rates and central bank manipulation of the last decade. It’s blockchain; it’s cool, it won’t fluctuate like cryptocurrencies. The future is here, and it looks like fun.
(2) Libra is a fad, a toy for tech titans to reap yet more revenue from the masses. The tech is not that crash hot, and anyway, even if it were, the regulatory authorities are going to snap to and pass a heap of laws to preserve the status quo. And, also if they don’t, it won’t take off because people these days have more privacy concerns, not less. Would they trust that their private $$$ data shared to Libra and affiliates would not be shared? The real problem with it all is that reality is now outdoing Black Mirror.
Both stances are valid. Libra is the perfect name for this attempt at digital alchemy.
Libra Is The Perfect Name For This Attempt At Digital Alchemy
Where-ever you fall on it, it is another manifestation of the financial fuqery described in my Freak In About The Economy post. It’s so Uranus (weirdness, innovation) in Taurus (pentacles, assets, sense of financial security). And, as the Freak-In post talks about, it’s happening at the end of the Saturn-Pluto Neo-Liberalism cycle that began in 1982. To me, it feels like a fin de siecle flashpoint. That is, part of a whole host of weird developments and fast-moving trends occurring at the end of one era before another has begun. It comes in the context of currency wars with the USD and Yuan, as well as the deflating of an assets bubble that should never have been allowed to reinflate.
But that’s all Saturn-Pluto, Power & Society. Money itself has always been fluid and of fluctuating value. It’s mercurial.
Money Is Mercurial
It reminds me of Neal Stephenson’s Cryptonomicon. Yes, we’re moving into cyber-punk territory lol. In that author’s Quicksilver, he depicts the heady blend of commerce, trade, currency, piracy, espionage, and prototype stock markets of the 18th Century. Viewed through these optics, alchemists were early hackers and digital money/multiple currencies merely the modern form of how it always has been.
“. . . if money is a science, then it is a dark science, darker than alchemy. It split away from Natural Philosophy millennia ago, and has gone on developing ever since, by its own rules.”
Remember that the ruler of currency is Mercury, Quicksilver itself. Mercury is the Magician. The astrology of Facebook’s new Libra currency reflects vast, epochal outer-planetary shifts. But for us, it is yet another cue to stay agile, well-informed, and clever. Fittingly, I am staying objectively neutral about Libra, even as I up my use of every magical tool at my disposal; the astro, the beats, the space management, and so on.