March 27, 2023

Cashless Society is Coming

In the book of Revelation chapter 13, John gives us a vision of what the world will look like when the antichrist takes the stage.

There will be a world government and economy that is completely controlled by the antichrist, with help from the false prophet.

And the only way to have an economy that’s completely controlled is by creating a cashless society, which would utilize a digital currency.

Just a decade ago, no one could have imagined our country without cash. Now, with the advancement of technology, we are closer than ever to a digital currency.

If you keep up with current events, you’ll notice that our world is marching quickly toward the one world system that is prophesied about in Revelation 13.

I have three reasons why I think we are closer than ever to a cashless society and the beginnings of a digital currency…

Many businesses have already gone cashless

Several businesses around the world, including in the US, have already gone cashless. Many of these cashless stores are using the corona virus as an excuse to stop accepting cash because “it’s unsafe and could spread the virus.”

And since the pandemic hit, there has been a decline in cash use and a bigger shift to using card payments, which is one step closer to going completely cashless…

Credit cards and debit cards have indeed seen a surge during the pandemic, according to a new report from financial technology company Square. They interviewed hundreds of small business owners — who have been among the hardest hit — and learned that cashless payments have surged 23 percent from March to May.

The world economy is on the verge of collapse

In order to create a new economic system that is under worldwide control, the current economic system has to fall apart.

Most people wouldn’t just jump on board with an economic system that allows for your purchases to be tracked. Especially if the current way of doing things is still working.

So the old system would have to collapse for people to be desperate enough to accept a trackable digital currency.

And that’s exactly what’s taking place right now…

Business Today reported the following on January 10th:

“The World Bank on Tuesday warned of a recession in 2023 and said a sharp, long-lasting slowdown is expected to hit developing countries hard. It said global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine.”

Fox Business had this to say:

“The most troubling information in the GDP report is the precipitous drop in real disposable income, which fell over $1 trillion in 2022. For context, this is the second-largest percentage drop in real disposable income ever, behind only 1932, the worst year of the Great Depression.”

We may not be looking at just a recession in 2023, it could get to the point it was during the great depression.

This type of economic collapse is what FDR used to pass sweeping economic reform known as the new deal. It’s where the social security act was born, which is why we all have social security numbers today.

Here’s the big question: What economic policies will be passed this time around?

The government is able to track us to an extent with our social security number. This time around, I believe the world governments will take this “opportunity” to portray a central bank digital currency (CBDC) as the solution, which will lead us to a cashless society.

Many Countries Are Already Testing A CBDC, Including the USA

If you think this is all far fetched and we will never be fully cashless, then let this be your wake up call…

Here are some facts Bitcoin.com reported late last year:

“105 countries, representing over 95 percent of global GDP, are exploring a CBDC … A new high of 50 countries are in an advanced phase of exploration (development, pilot, or launch).

Furthermore, the tracker details that “10 countries have fully launched a digital currency, with China’s pilot set to expand in 2023.”

Among the G20 countries, 19 are exploring a CBDC, with 16 already in the development or pilot stage. They include South Korea, Japan, India, and Russia.

Last month, the Bank of International Settlements (BIS) released a report stating that 9 out of 10 central banks globally are exploring CBDCs. The BIS said, “the emergence of stablecoins and other cryptocurrencies have accelerated the work on CBDCs.”

And the United States joined the CBDC party last year with Biden’s executive order to make the development of a US digital currency a priority…

As technology continues to revolutionize the way people live, work and spend, central banks around the globe have kicked off efforts to reinvent their local currencies for the digital era. Now, the United States is the latest to signal “urgency” in researching a potential digital version of its dollar via a Central Bank Digital Currency, or CBDC.

Part of President Joe Biden’s executive order regarding digital assets on Wednesday includes “placing urgency on research and development of a potential United States CBDC, should issuance be deemed in the national interest,” according to an accompanying fact sheet released by the White House.

-CNN Business

We are literally witnessing the foundations of the beast system, prophesied by John in Revelation 13, being constructed right now. And this will only continue to develop until it’s time for the antichrist to come on the scene and the great tribulation to begin.

Once there is a world digital currency, the world government will have the ability to track all financial transactions. And if someone hasn't taken the mark of the beast, their bank account will be shut off and they won't be able to participate in the economy.

Other Technological Advances Moving Us Toward A Cashless Society

The development of a digital currency is not the only thing moving us closer to a cashless economy. We are also seeing new technology that will revolutionize the way we make purchases.

Instead of using a debit or credit card, we will soon be able to simply scan our hand to make a purchase or a bank transaction.

"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" Revelation 13:16

Right now, RFID chips are available to implant in your hand. This chip can be linked to your bank account, driver's license, health records, and much more.      

However, newer technology is already in the works that will look to replace the RFID chip…

Quantum Dot Tattoos

The quantum dot tattoo is a new thing the folks at Rice University are working on. Here is what their website says about the quantum dot tattoo:

Keeping track of a child’s shots could be so much easier with technology invented by a new Rice University professor and his colleagues.

The tags are incorporated in only some of the array of sugar-based microneedles on a patch. When the needles dissolve in about two minutes, they deliver the vaccine and leave the pattern of tags just under the skin, where they become something like a bar-code tattoo.

The current application of this technology allows a child's medical records to be stored and accessed by scanning their hand.

I think this technology could easily be upgraded to include financial transactions so people would only need to swipe their hand to pay for something. And it's much less evasive than getting an RFID chip implanted in your hand.   

Neuralink

Neuralink, an Elon Musk company, has the goal to create an implantable chip that will allow the human mind to interface with computers.

Forbes gives some insight into this technology:

Like many of Elon Musk’s long term objectives for his projects, the goals for Neuralink are pretty lofty. Eventually they hope to be able to create a human computer interface, which will allow us to interact with computers using just our minds.

In the short term, the aim is to allow people with brain or spinal cord injuries to gain back function. Musk stated at a recent Neuralink event that the initial applications for the device could include the ability to restore vision for the blind, and even to allow paralyzed people to walk again.

I believe this technology will advance to the point where you won't need to have surgery to link your brain to computers. And this technology wont stop at just restoring sight or mobility because that is just the short term. 

It has the potential to be tied to your finances, medical records, vital signs, and much more. 

Why is This Important?

All these events are leading us to what John saw in Revelation 13. And it won't be long until this technology is ready for the soon to be world government to utilize. They will force people to take the mark or be excluded from the economy.

Why is this important for you and me to know?

First, it's direct proof that the Bible isn’t just some book, but the living word of God. Second, it helps us understand how close we are to the great tribulation.

Now is not a time to fear, but to trust completely in Jesus. He will raise up His church to be a beacon of light in this hour of darkness.

And in the end, Jesus and His church win.

Robert Chapman is the owner of ElevateHope.co, and has a passion for uplifting people through God's word. With a BA in biblical studies and an avid musician, Robert specializes in writing engaging content centered around the Bible and music.

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