In this episode of THE VENUS CRYPTO PODCAST, we delve into Coinbase Ventures' strategic investment in the Ampleforth Foundation's flatcoin, SPOT. This investment, made on Monday, 8 July, marks a pivotal moment in the evolution of digital currencies, as SPOT is set to launch on Coinbase's Layer 2 solution, Base.
Astrologically, this event occurred under the influence of the Moon in the Aquarius pada of Ashlesha Nakshatra, with Saturn retrograding in Aquarius. This positioning, particularly Saturn in the 8th House from the Moon, symbolizes profound transformations and innovations within the financial domain, particularly touching on the stablecoin market.
Brian Armstrong, CEO of Coinbase, has described flatcoins as the "next iteration of stablecoins," designed to be pegged to the cost of living to counteract inflation. This investment aligns with Saturn's retrograde motion in Aquarius, which astrologically suggests unexpected progress in solving critical economic issues, such as stablecoin devaluation.
The discussion also touches on the broader implications of Saturn's retrograde phase through Aquarius, lasting until December 2025, which is poised to redefine the financial landscape significantly. The episode explores how these celestial dynamics mirror the transformative potential of flatcoins like SPOT in reshaping economic interactions and stability.
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