What Does All This Mean?
Central banks are increasingly pondering whether to issue digital currencies to the public.
Here is the scary part: the IMF announced that they would not allow national currencies for member nations. This means that no government can have its own digital currencies. Instead, the digital currency will be a global currency.
Last month at a conference in Morocco, IMF managing director Kristalina Georgieva told conference participants that the transnational agency is developing a global platform for central bank-controlled digital currencies. She publicly confirmed, “At the IMF, we are working on the concept of a global CBDC platform.”
Digital Currencies and Digital Identification
If (or, when) this system is implemented, these Central Bank Digital Currencies will impact all the residents of each IMF country. Every citizen will be required to possess proper “digital identification,” or they will not be permitted to access the new global digital financial system. When central banks all over the globe roll out their new central bank international digital currencies, to use those currencies, you must “prove that you are who you say you are.” The only way to do that is with the new global system of digital identification, which is currently in the process of being introduced.
What About Here in the United States?
This past May, a recent survey by the Cato Institute, a think tank in Washington D.C., revealed that only 16% of Americans would support the government issuing a central bank digital currency. Why do 74% of Americans oppose a CBDC? Because they fear the government could control what they buy and sell. If you spend twenty dollars in cash, no one knows who spent it or what was bought with that twenty-dollar bill. However, that all changes with CBDC. Not only would/will central banks have complete control of the rules and regulations, but they would also have the technology to enforce those rules and regulations. CBDCs would also abolish all U.S. cash and directly link citizens to the government’s central bank.
Financial Trouble Ahead
Whether we fully understand global digital currency or not, this is the direction the world is going. Not because governments or banks say so, but because Scripture says there will be a one-world financial system one day. As for the marketplace, the Bible says that during the Tribulation no one will be able to buy or sell unless they have taken the Mark of the Beast (Revelation 13:16-17). In the Antichrist system, privacy and freedom will be abolished
Revelation 13:16-17 KJV – “And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.”
We are witnessing the technology for the financial system of the Beast develop before our eyes. The pieces really are falling into place. Thankfully, Christians will not be around to participate the culmination of that one-world system, because Jesus has promised to rescue us from the wrath to come.
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