The Bible tells us that when the antichrist comes on the scene, he’s going to gain a foothold of global power. The beginning strategy of his power grab will be to first gain control over the world economy. It’s a lot faster and easier to gain economic control with all the means that are available today than it is to achieve military and political power. Once you have that economic control, you control people’s lives, and you can then take them over politically and militarily as well.
According to Revelation chapter 13, the antichrist will have iron-fisted control over all buying and selling. Bible prophecy teachers for decades have said that a cashless society will be required. What we see today developing in our world is a cashless society on steroids.
Recently, a new entity was created called the FedNow Service. The FedNow Service is a portal created by the Federal Reserve, which permits financial institutions to exchange funds digitally in real-time.
CoinDesk published an article recently that reads, “Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar,” subheading, “While FedNow is currently not tied to any initiative for a digital U.S. dollar or the crypto space in general, experts warn that the system might end up as a precursor to the infrastructure for a central bank digital currency.”
Immediately, the creators of the FedNow said this isn’t related to Central Bank digital currency (CBDC), but many experts are warning that’s exactly what it is.
The CoinDesk author continued:
The U.S. Federal Reserve denies that its new instant payments service, FedNow, is in any way tied to the digital asset space.
But experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the U.S.
The FedNow project adopts a key goal of the digital asset industry: moving money around easily and quickly, and at any time of day or the week, even if banks are closed. FedNow will operate 24 hours a day.
Dave Weisberger, CEO and co-founder of CoinRoutes, said this: “If FedNow does indeed become a programmable CBDC, then it could theoretically be used to block payments for items the government doesn’t favor or to cut out people from the financial system who are seen as threatening in some way to governing authorities, aka, political opponents.”
“In that situation, things could get dystopian very quickly,” Weisberger added. Of course, the “dystopian” government we know from Scripture is the rule and reign of the global empire and economic system of the coming antichrist.
On March 9th, 2022, President Biden signed an executive order that put into motion the machinery and the mechanism to develop a CBDC. In preparation for the G20 Summit, the Bank of International Settlements published a report laying out the Central Bank’s efforts to prepare for a CBDC and all its benefits.
This is moving forward at a dramatic speed. FedNow seems to be the infrastructure or platform that can easily be used when a central bank digital currency is brought online.
At the same time that FedNow was emerging, the World Economic Forum (WEF) published principles of central bank digital currency interoperability.
At a recent WEF event, economist Eswar Prasad bragged about how CBDC can be used to limit your purchases of whatever bureaucrats happen not to like—that’s where this is headed, and they’re not even hiding this.
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