Bitcoin Keywords & Which Planet Rules It

Today is the first post in a series about the astrology of Bitcoin and cryptocurrency in general. For those who don’t know, my other hobby is cryptocurrency. One may have guessed that from the Donate page on the website. There you can find out how to support this blog by giving a small $1 dollar donation in your favorite cryptocurrency.

Before chart analysis is done, I thought it would be a good idea to determine which planet or planets rule Bitcoin. I did this for a few different reasons. First, the blockchain, the key technology behind Bitcoin is new concept and it should properly be defined. Second, in astrology there are several different planets that can represent money, the Sun, Mercury, Venus, and Jupiter.

Therefore I thought it would be the proper thing to go though the key concepts of Bitcoin and blockchain to figure out the ruler of Bitcoin. I did this by looking up the the keywords for each concept in the The Rulerhship Book by Rex E. Bills. The results are summarized in the picture below.

Truthfully, I had a surprised when I did this. I thought Bitcoin to be a Mercury ruled concept because it uses computers. It turns out that from looking at blockchain technology one could make a case for Saturn as well. This is because the blockchain operates on strict system of rules and limitations on what program can and cannot do.

For instance only 21 million Bitcoins will ever be created. This is a hard limit to the amount of currency that can ever be in circulation. Contrast this to the modern fiat currency systems where banks can print unlimited money.

Another blockchain concept is proof-of-work. This means a computer needs to prove a certain amount of work was invested in creating a new block. New Bitcoins are only created by creating new blocks. These blocks contain the transaction data for the entire Bitcoin network. This is a Saturn concept too.

From bitcoin.org

How much work is going into creating a block? Well, I have a few computers in my basement trying to find new blocks right now. They produce enough heat I don’t have a heating bill in the winter and in the summer I have to vent the excess heat outside. But that is still not enough work to even find one block. I have to pool my computers with about 10,000 others to find one. Together we are using more electricity than some small countries. Also, our mining pool only accounts for 10% of the mining on the network. This is a lot of work.

So, I would definitely say that Bitcoin could be ruled by Saturn. But I also wouldn’t discount Mercury because half of the key concepts in Bitcoin are Mercury related. At this point, I would think Mercury is probably the better indicator for personal charts, while Saturn is probably the better indicator in mundane charts.

One additional thing is that Bitcoin was clearly designed as a non-Jupiter form of money. If you read Satoshi Nakamoto’s whitepaper and the emails he sent to the Bitcoin Core development team you would find out he’s not a fan of any type of Jupiter based money. He hated inflation and how central banks used it to control people.

This leads to an interesting question which no one has a good answer for right now. What form of money should we use as a civilization? In the past, Jupiter forms of money (fiat) was popular because it helped humanity exploit new resources. This drove industrial development over the last 400 years. Now we are reaching an era where there is not a lot of new resources to exploit. Would a Saturn based monetary system (cryptocurrency) work better in the upcoming age? I guess we will find out in the next generation (the next Jupiter Saturn conjunction).

edit 6/17/2019: spelling & grammar