Editors note: some descriptions and other phrases are translated from this source.
Introduction
Fiat currencies on the one hand and Bitcoin on the other are designed in a very different way. I will argue that the differences in their design will be reflected in different psychological effects in their users, often completely unconscious. In other words, the use of a type of money is not just something external, linked to the economy, but penetrates inside people and translates into individual and collective feelings. The feelings that arise in people depend on the design of the money they use.
I will also argue that these feelings are perfectly described by the chakras of the Indian tradition.
Let’s start by looking at fiat currencies, which, as we all know, are designed to create imbalances in the distribution of wealth. Governments, large banks and corporations, which have access to the monetary printer, enrich themselves by stealing wealth from society which in the meantime is becoming impoverished. It’s a continuous theft involving huge sums; it’s a colossal scam.
These imbalances penetrate the soul of the people involved and are harmful to both rulers and peoples, in a symmetrical way; the rulers show the effects of all seven chakras too open, while the peoples of all seven chakras too closed.
The depth of the malaise of both is proportional to the size of the scam, which has enormously increased since 2020, with a gigantic production of new fiat money. This fact helps us to better understand the current dynamics of society, where both rulers and peoples show altered behaviors, far from normal equilibrium, and which result in the pathological. These behaviors are the sentimental effects of the malaise caused by fiat money.
Yoga has explored human feelings and teaches us to maintain the proper opening of the chakras, in a balanced way, so that energy can flow smoothly without blocks (chakras too closed) or overloads (chakras too open). Both of these situations lead to mental and physical discomfort.
In the following paragraphs I will describe concisely the individual chakras and the consequences of their imbalances; you will easily recognize the current discomforts both of peoples and of governments, big banks and corporations. Keep in mind that the sentences in these paragraphs come from purely yoga sources, and observe how well these phrases reflect today’s society.
I will also try to show, in a nutshell, which characteristics of the fiat currencies unbalance each of the chakras, and finally how Bitcoin, thanks to its design, has a rebalancing effect on each of them and triggers a healing process.
As author I will allow myself to add a personal comment, a tiny reflection; please consider it as an irrelevant contribution and build your own opinion on the subject.
First Chakra, Muladhara: The Root Chakra
Function: survival
The root chakra is located at the base of the spine, in the perineum. It symbolizes stability, self-confidence and security and is connected to our survival. When it’s balanced we feel safe, capable of living in the present and ready to plan our future. It’s essential to have solid roots on which to build our lives.
Chakra too closed
If the first chakra is too closed we have feelings of insecurity, low self-confidence, apathy, excessive worry and fear of losing what gives us security and a sense of well-being.
Chakra too open
When the first chakra is too open, we develop a strong attachment to material goods and to the past, and we are not able to live in the present moment. We oppose changes and develop a total lack of fear or excessive fear, which can lead to very risky situations or to the inability to enjoy the beauty of life.
Comment
The instability and uncertainty of fiat currencies transfer to people, and feelings of insecurity, fear and lack of trust are now widespread. It becomes hard to enjoy the beauty of life. Rulers are victims of a pathological attachment to material possessions. They have slipped into an extremely risky situation.
Fiat currencies
The stability of fiat currencies is poor, because they can be created at will out of thin air. This characteristic is the basis of the scam and produces distrust and insecurity. Worse still, fiat currencies demand our trust in order to be used; they lean on our stability.
Bitcoin
The stability of Bitcoin is based on its predetermined monetary policy and in the absolute scarcity of the supply. It has a granite stability that instills a great sense of security. On it, we can build trust for the present and for the future. Bitcoin perfectly balances the first chakra.
Second Chakra, Svadhisthana: The Sacral Chakra
Function: desire and procreation
The second chakra is the sacral chakra or water chakra. Unlike the first, which denotes stability, this chakra is associated with liquids and, therefore, with flowing, with the ability to change. The second chakra is the fulcrum that connects the soul with the body. It’s located in the lower abdomen, just below the navel, and is the chakra of emotions, spontaneity, creativity, pleasure and sexuality.
Chakra too closed
When the second chakra is blocked, emotions are affected the most. In fact, we have mood swings, we feel anger, guilt, shame and we are prone to panic attacks. It is difficult to experience states of joy.
Chakra too open
If the second chakra is too open, a search for immediate but ephemeral pleasure and fulfillment occurs, and emotional dependencies or addictions related to food, alcohol, drugs or sex can develop.
Comment
We have lost our natural pursuit of joy and happiness. Negative emotions pervade the lives of the people; ephemeral pleasures corrode those of rulers. Society is apathetic, dull and devoid of creative impulses.
Fiat currencies
Fiat currencies have some important rigidities.
The first one derives from KYC and AML procedures. Because they are burdensome, banks don’t work with poor people or persons without documents; so 6 billion people have no access to financial services.
The privileged who have access to banking services are nevertheless subjected to a financial surveillance that is absurd and exaggerated. Their transactions can be censored and their accounts closed, and this now happens quite frequently.
Finally, some governments use currencies as a weapon; entire countries are excluded from the global financial circuit for political reasons.
Bitcoin
Bitcoin is permissionless and trustless, it flows freely, it’s open to everyone and transactions cannot be inhibited or canceled. At the same time, only the transactions that respect the protocol are approved; this keeps the second chakra in balance and restores our natural search for positive emotions.
Third Chakra, Manipura: The Solar Chakra
Function: strength, self-esteem
The third chakra, the solar or fire chakra, is located in the solar plexus, between the diaphragm and the navel. If the first chakra is connected to stability and the second to flow, the third chakra is the union of these two elements, that is, light, energy, heat. When it’s well balanced, we feel energetic, confident, strong and in control.
Chakra too closed
When it’s too closed, we notice the rise of insecurity, low self-esteem, introversion and a sense of inadequacy in all situations.
Chakra too open
When this chakra is too open, a person becomes arrogant, aggressive, overconfident, constantly seeking power, and always feels the need to self-celebrate in order to hide his own defeats and insecurities.
Comment
People have become weak; societies are in decline. It’s time to rediscover our inner strength.
Fiat currencies
The weaknesses and rigidities of fiat currencies depend on their centralized nature. They are issued and managed by banks and governments, which, therefore, control them and, symmetrically, are in turn controlled, because the psychological effects of control penetrate them.
Bitcoin
The decentralized nature of Bitcoin brings control back to the individual….
Read More:Bitcoin And The Monetary Chakras