One-World Monetary System

My payment processing company hasn’t sent me any emails recently offering deals on crypto currency. I’m glad I ignored their emails. I hope you did too. I’m not going to offer you financial advice, but I wouldn’t invest in any digital currencies in the near future Just sayin.

There’s an international move to replace national fiat currencies with a common digital currency. A cloud hangs over the heads of Bitcoin, Ethereal, Ripple and other crypto currencies.

On the national front, senators are crafting legislation that will provide oversight of crypto currencies, aka, block chain technologies.

Their Responsible Financial Innovation Act (RFIA) would enlist the Commodities and Futures Trade Commission and Securities and Exchange Commission. The IRS will have oversight to regulate digital financial transactions. Some have called it a crackdown on anonymous crypto transactions.

There are reasons the International Monetary Fund sees the need to corral the wild west of digital dealings. Here’s what they sight: ’Some features of cash, including anonymity and the lack of an audit trail, make it attractive for illicit transactions for example, tax evasion, money laundering and terrorist financing’.

If a person is participating in a financial transaction that the global monetary authorities deem fraudulent, etc, they will be able to interrupt, even cancel the transaction. Of course, with all the data collected, prosecution and conviction will be enhanced. That’s not a bad thing for those of us who believe that those who do the crime should do the crime.

The International Monetary Fund is working with around 100 countries as they gear up for Central Bank Digital Currency (CBDC). While the IMF and other world leaders will tout its benefits, we must be aware of some downside.

Here’s a look at the flip side of the crypto coin. What if a person is not acting criminally; just contrary to the objectives of the governing authorities? Let’s say that person is driving an older car that doesn’t meet the emission standards and thus does not comply with global climate change goals to reduce their carbon footprint. The authorities could deauthorize fuel purchases by the violator. Any attempt to buy gas using their digital wallet would be equivalent to trying to use an expired credit card. Any attempts to put the car back on the streets would be thwarted.

The day is fast approaching when the all of the financial transactions on planet earth will be controlled by a singular financial system. No one will be able to buy or sell without pledging allegiance to a one world governing system. It will be lead by a person known as the antichrist. The financial branch of the system will be called ‘the mark of the beast’.

This system is described in the Bible. Revelation 13:16,17 states, ‘He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.’

It wasn’t long ago (measured in mere decades) when one could only imagine how global commerce could be regulated by one person. Digital technologies and crypto currencies have made that possible.

There is so much more the Bible reveals about the dark days in which we live. So how do you prepare for today and beyond. The most important thing you can do is to become a follower of the One who warned us about the present and guides us into future. Jesus is that One. He will be your light in the darkness.

If you’ve never done this, invite Jesus into your life so that regardless of what happens now, you will be secure with Him today and into the future.