Important Takeaways:

• Trending Toward A Cashless Society: One Hundred Nations Now Exploring Central Bank Digital Currencies
• 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.
• 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.”
• 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.”
• 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.
• At the same time that FedNow was emerging, the World Economic Forum (WEF) published principles of central bank digital currency interoperability.
• One hundred nations are now exploring CBDC. Twelve central banks have pilot programs for digital currencies, and the EU already has a “digital euro.”
• The problem with CBDCs is that they are programmable, traceable, expirable, and controllable by the government. For example, if a person goes to a gas station and they have a central bank digital currency, it can be determined how much money they are allowed to spend on gasoline. That’s how they will control the environmental agenda that we see taking place.
• The trend toward a cashless society, they say, is inexorable. All of this is a striking foreshadowing of what we read in Revelation 13. It’s just another flashing light that the coming of Christ is near.

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