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Facebook & Cryptocurrency: Mark Zuckerberg’s Once-in-a-Lifetime Jupiter-Uranus Transit

Uranus is now in Taurus for the next several years, and one of the key themes that astrologers (including myself) have identified with this transit is the technological disruption of value and finance, which cryptocurrency has the potential to do. As I’ve been looking at the various figures who will experience Uranus in Taurus conjoining their Sun, one has stood out to me: Mark Zuckerberg, the CEO of Facebook who was born with the Sun at 23 Taurus. News has recently come out that Mark Zuckerberg is planning on releasing a Facebook cryptocurrency called GlobalCoin in 2020. It’s a news story which hasn’t really gotten the amount of attention that it should considering how revolutionary this could potentially be. Why is this such a huge deal? To understand that, we better make sure we understand the basics about cryptocurrency.

What is Cryptocurrency?

“Everything you don’t understand about money combined with everything you don’t understand about computers.” -John Oliver

Essentially, it’s digital currency. Usually when we think of currency we think of it as being backed by a finite physical asset, like gold or silver which determines its value. However modern economies have gradually transitioned away from this model. The US dollar for example is no longer based on a gold standard. Instead, it’s based on its utility as a default global currency, the “full faith and credit of the United States” and, well, the fact that the USA has a ton of nuclear weapons, I guess. When you strip all of that down though, what ultimately gives money value is the value we agree upon. Consensus provides value. Digital currency is proof of that concept because it’s completely immaterial, just a series of 1’s and 0’s. And yet 1 Bitcoin is now equivalent to thousands of US dollars.

There are hundreds of cryptocurrencies out there. There is not consensus yet on which cryptocurrency will be “the one” that we use, but it is most likely that we will ultimately gravitate towards one. Some people believe it may be the first and currently most successful cryptocurrency, Bitcoin, but there are other contenders as well such as Ethereum and Ripple. It’s just like in the early days of the internet, when no one knew if it was going to be Google or Yahoo or AskJeeves or Dogpile that would end up being the primary search engine people used. Now we know, Google won. Google won big.

So which one will end up being the “Google” of cryptocurrency? I don’t know enough to answer that, but I’m not sure we know who all the major players will be. But one person I do think will be a major player is Mark Zuckerberg, who is uniquely suited to make the strongest bid for a global cryptocurrency imaginable. Why?

Cryptocurrency Tied to the Value of Social Connection Could Change the Game

Mark Zuckerberg has over 2 billion people already connected on a platform you might have heard about: Facebook. Imagine logging on to Facebook one day and seeing a notification that your account has been valuated for $5000 worth of GlobalCoin, or 5000GC. Instead of giving likes to statuses, you’d give someone a tip of 0.5GC. When you posted a status or a photo, you wouldn’t just get likes on it, you might get paid 2GC by your friends.  Businesses would be accepting payments in GC as a condition for advertising on Facebook. With 2 billion potential customers on Facebook, what company could say no? There are enough people on Facebook who would be excited to use and receive money in GC that the consensus around its value could reach extraordinary heights. It could become people’s means of making a living, it could free people up from jobs to pursue their own businesses. It could completely transform lives and entire industries and economies. This could facilitate the kind of political-economic transition that people are expecting from Jupiter and Saturn moving into a new 300-year cycle of air signs, starting at the end of 2020.

And if you think this sounds ridiculous, think again, because there is already a cryptocurrency social media site which does exactly this. Steem is a cryptocurrency which is linked to a social media site called Steemit. Steemit is like most other social media sites. You have a profile, you can write articles, you can post pictures and videos, connect with other users and comment on their posts, etc. The biggest difference is that instead of just clicking “like” on someone’s posts, you can actually give them a digital “tip”, some fraction of your currency to show your appreciation, and you can earn Steem through creation and curation of content. The more people who join the website and interact with others on it, the more value its associated currency gains because it forms consensus around its worth.

Now, the reason you probably haven’t heard of Steemit is because it’s smaller, newer and unfortunately a fringe/libertarian bro echo chamber which disdains progressives and “normies” even though that’s exactly who you’d have to appeal to in order to generate the kind of revolutionary change they think a social media-driven cryptocurrency could. And while I can see how cryptocurrency is essentially a libertarian wet dream come true, there are several reasons I, as a dedicated progressive liberal can support a blockchain-based cryptocurrency.

  1. It has tremendous potential to lift people out of poverty, especially in developing countries because of high exchange rates with native currencies.
  2. It has the potential to help free people up from their jobs to achieve a better work-life balance, and let’s be honest, some of your jobs involve being on Facebook most of the day anyway.
  3. Through the simultaneous transparency and anonymity of decentralized blockchain technology, it can also be used to subvert tyrannical fascist governments. Added bonus.
  4. A potential way forward to a universal basic income when the robots come and terk all our jerbs.

In any case, while Steemit is still comparatively small-time, it’s proof of the concept. To work better, it would need to be appealing to everyone and your grandmother, and you know what social media site already has everyone and your grandmother on lock? Facebook. The biggest thing a Facebook cryptocurrency would need to work is a buy-in for the average user for whom cryptocurrency is likely still a bit confusing. I think the easiest way to get people excited about it would be to tell each user how much their account is worth in GC retroactively, show people how easy it is to give and receive GC, and line up services and businesses ready to accept GC on day one of the launch.

Mark Zuckerberg’s 2024 Jupiter-Uranus Transit

Now, the current timeline for GlobalCoin to launch is sometime in 2020, but there are likely going to be significant legal challenges to overcome before it actually can be launched, and I think these delays will probably be substantial. Saturn in Aquarius is in a superior square to Uranus in Taurus from 2021-2022. This suggests significant oversight, management and regulation of the revolutionary impulses of Uranus in finance. If it’s launched in this time, it likely will not be seen as that amazing of a development, and there will be setbacks and doubts about if it can really work.

However, the big breakthrough moment when the revolutionary impulses of Uranus are freed in a magnificent fashion, will be once Saturn has moved on from squaring Uranus and Jupiter conjoins Uranus at 22 Taurus in April 2024. Although we don’t know his birth time, (although I have an idea about what it might be) we do know that this Jupiter-Uranus conjunction will be very close to the degree of Zuckerberg’s Sun. Uranus will begin to come within 3° of his Sun in June-November 2023. In 2024 we’ll see the exact hit(s) of Uranus to the degree of his Sun, and Uranus leaves the 3° range in 2025.

The Jupiter-Uranus cycle is coincident with periods of scientific discovery, grand breakthroughs and marvelous disruptions, which you can read a bit about from Richard Tarnas’ “Cosmos and Psyche” here. With Jupiter conjunct Uranus in Taurus, this will have to do with the domain of value, wealth and luxury. At the same time, typically when someone has Uranus conjunct their Sun, their lives turn upside down, they desire freedom at all costs, they reach a kind of breakthrough or breakdown. It’s interesting to consider what a breakthrough for Zuckerberg would look like when he has already accomplished so much and already has an unfathomable amount of wealth. A disruption for him would either be a grand early retirement from business, or…finally succesfully launching GlobalCoin through Facebook after a long period of delays, or reaching some milestone of success with GlobalCoin, which would be as seismic a development as social media itself was on the internet in general.

In my last post about Zuckerberg and Facebook, I noted how the Sun-Venus alignments in Gemini from 2004, 2008 and 2012 were really important in Facebook’s history. It’s interesting then to note that the next two Sun-Venus alignments in Gemini include the Venus retrograde in May 2020 and the Sun-Venus superior conjunction in Gemini in May 2024. I presume the Venus retrograde in 2020 might relate to an initial launch that doesn’t go as planned (similar to the Facebook IPO in 2012) and then a triumphant March-May 2024.

I’m not a betting man, but if I were, I’d try to get in early on GlobalCoin, and hodl hodl hodl through 2024.

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4 Replies to “Facebook & Cryptocurrency: Mark Zuckerberg’s Once-in-a-Lifetime Jupiter-Uranus Transit

  1. Facebook’s coin isn’t really FB’s, but will be a distributed corporate conglomerate where no one entity has control. It’s also going to be a stable coin, so speculative investing isn’t going to net you gains or losses. Since it will be based upon a “basket or currencies”, it will be vulnerable to any currency that has a higher stock to flow ratio. If the Libra consortium has greater financial power than governments, regulatory capture is practically certain and you can expect congress “to make a good show” before they rubber stamp it. They will probably very easily be able to get full KYC from the platform since it is even more closely linked than Chain Analysis is to other truly decentralized crypto’s.

    Right now, the S/F ratio for bitcoin is 25 which is better store of value than silver. In 2020, at the halvening, the flow gets cut in half which will bring the number up to 50. Gold has the highest S/F ratio at the moment at 62. In 2024, bitcoin will exceed Gold at 100.

    The direction of flow is much more likely to go into decentralized crypto’s, so FB’s decision of using a basket of national fiat will probably at one point have to switch over to bitcoin in order to not suffer the consequences of hyperinflation (this is the result of QE which is a euphemism for theft).

    The ethically correct thing to do is to allow people the ability to choose how they are paid. But because most people are clueless about economics, they have no idea just how bad the theft is and where it truly originates from.

    Authority has had the ability to drain the success of the industrial revolution while allowing the public a modicum of increase in wealth. But the success of the industrial revolution was a logarithmic one with the excesses of the gains going to the top 1%. Crypto punishes bad economic policy by allowing an exit.

    In the future, QE is going to attempt to drain the wallets in the same way that Venezuela did with the bolivar. This will spread world wide because they have no choice but to try to inflate and go into negative interest rate territory. The smart money is already taking the exit. The more money exits into crypto, the less stable the basket of currencies the Libra consortium will be. That will cause either the Libra coin to inflate (if Zuck is stupid) or they will switch over to superior S/F crypto’s.

    If you are in bitcoin, then you can expect massive gains. Hold Libra coin and your standard of living will stay the same that it is now (since it is meant to stay pegged).

    1. Thank you for giving your insights Curtis, I was wondering what you made of this. I suppose I was being a tad optimistic then in assuming that Facebook’s cryptocurrency would be decentralized – unless that is what the Jupiter-Uranus conjunction in 2024 is about for Zuckerberg, freeing Libra from the basket of fiat currencies.

      1. It’s structured in a way that is similar to EOS with distributed validators, but there the similarity ends. The “validators” of Libra (those companies who fork over 10 M USD) buy the rights to validate transactions. There are no “blocks” in Libra, so one shouldn’t call this a blockchain. It will not be “immutable” and transactions will be reversible. It will also be confiscatable, therefore it cannot become a secure store of value. They will have KYC even though they say the opposite, it is not possible to keep private.

        When you combine surveillance with money, you have dictatorial power. Make a post the platform didn’t agree with? They can deduct any amount in the form of a fine, freeze your account for a period of time for the offending post, or close your account and keep your money. Of course I wouldn’t expect them to start doing this right away. Facebook started in a non-interventionist sort of way, but by the time I had left, they were already shadowbanning and in a number of high profile cases, also outright banning. So forget about freedom of speech on such a platform.

        In western countries we’ve had it really good so trust in the banking system by the public is warped relative to the reality of the world. It wasn’t always like this, I remember as a kid, my grandparents saying that they didn’t trust a bank that “wasn’t made of brick”. Dad didn’t keep his money in the bank for the longest time. I finally convinced him that it was safer back in the 90’s. Now I wish I had kept my mouth shut because the world political situation is turning and he may lose everything. As long as the USD can be propped up by war, there won’t be a reason for banks in western nations to start bail-ins. But they did start quietly writing the laws to make it legal after Cyprus. This is why bitcoin is so important. It allows exit from bad monetary policy.

  2. >There are no “blocks” in Libra, so one shouldn’t call this a blockchain.

    I mis-spoke here. To be more precise, the blocks that are proposed in the Libra blockchain don’t have the immutability properties (which is the reason for chaining blocks together with hashes).

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