BITCOIN TAROT - 5 of FIATCOIN
5 of Pentacles, 5 of Coins, 5 of Diamonds
LACK OF SECURITY, UNSTABLE, SCARCITY
As The Initiate, Satoshi may interpret the 5of Fiatcoin card as follows:
"I am undergoing a transformative process, making essential changes in my life. My values are evolving to facilitate personal and professional growth."
You may wonder, what values are inherent in the Bitcoin world? These include:
- Adherence to Austrian Economics
- Preference for low time preferences
- Promotion of equality and universal access
- Upholding self-sovereignty
- Resistance against censorship
- The notion of being your own bank
- Freedom of choice facilitated by Bitcoin
- The liberty symbolized by Bitcoin
Bitcoin stands in stark contrast to fiat currencies, which are controlled by the state, as it is a stateless currency.
The Five of Bitcoin in the Tarot deck signifies a challenging period marked by a sense of lack, insecurity, and instability, which can be relevant when considering financial investments in Bitcoin, especially in the context of the potential failures of fiat currency systems.
In this card, Christine Laggard is depicted outside in the cold, seemingly impoverished and seeking refuge. This imagery mirrors the idea of a lack of security, the failure of fiat currency systems, which have been used for decades, can become increasingly unstable due to factors like inflation, government policies, and economic crises. This instability can drive individuals to seek alternative forms of wealth preservation, such as cryptocurrencies like Bitcoin.
Furthermore, the scarcity element of this card aligns with Bitcoin's core principle of having a limited supply, with only 21 million Bitcoins ever to be mined. This scarcity is designed to counteract inflationary pressures often associated with fiat currencies. Bitcoin's scarcity can be seen as a potential solution to the issues of stability and security within traditional financial systems.
In summary, the Five of Bitcoin card reflects a period of financial insecurity and instability, which can be connected to the vulnerabilities of fiat currency systems. When considering Bitcoin investments, it's important to recognize both the risks and the potential benefits that cryptocurrencies like Bitcoin can provide as a hedge against economic uncertainties and the potential for scarcity in the broader financial landscape.
ARTICLES:
https://bitcoinmagazine.com/culture/bitcoin-and-philosophy-of-free-choice
https://bitcoinmagazine.com/culture/bitcoin-the-stateless-emergence
nationalinterest.org/commentary/the-collapse-the-fiat-system-6639