The book of Revelation reveals a time when buying and selling will be controlled by a global monetary system. No one1 could buy or sell without a mark, name or number of a Beast.
In the Bible, a Beast represents a government according to three angels: Daniel 7:24, Daniel 8:20 and in Revelation 17:12.
The private digital currencies, such as Bitcoin, will soon become illegal. The central banks of the world will force governments to outlaw private digital currency because it is the currency of criminals, money launderers, hackers, drug dealers, tax evaders, etc.
The Bank for International Settlements and seven central banks including the Federal Reserve, published a report laying out some key requirements for central bank digital currencies, or CBDCs.
Here is a summary https://www.bis.org/publ/othp33_summary.pdf
Here is the actual report in English: https://www.bis.org/cpmi/publ/d174.pdf
Notice that the Saudi Arabian Monetary Authority is onboard with the project.
The USA no longer has gold backed dollars. Ever since 1971 we have Petrodollars backed by the Saudi Arabian wealth. It is an agreement to pay for their oil in dollars. These foreign owned dollars remain overseas as the world’s reserve currency. (Replacing the British pound as the prior reserve currency).
What could possibly happen when the world recognizes the world’s reserve currency can evaporate into thin air?
On July 27 the Federal Reserve Bank — which is a private corporation, not a government agency — at least not the U.S. government — announced the new FedCoin. It will eventually replace the currency. (See the links listed below — It cannot be stopped or resisted.)
FedCoin was authorized by the first COVID relief bill.
As it is in China today, a government social credit score will determine the fines you pay for non compliance with policy. You could be totally cutoff from all funds. Civil Asset Forfeiture is already here, this is just the next step in total control.
FedCoin is a crypto currency using block chain. They can follow each FedCoin wherever it goes. They will now how you received it and where you spent it. If Congress passes a sales tax, every expenditure can then be taxed.2
Books by John Truman Wolfe
“Former senior banking officer John Truman Wolfe has written extensively on the plan for a digital currency by central banks to replace cash. Because this digital currency will be trackable, it will enable invasive government surveillance of spending habits, resulting in a catastrophic loss of privacy and a tax on all spending. This new form of money will be called CBDC– Central Bank Digital Currency, and that 80% of the world’s central banks are in the process of testing it out, with China the leader in the process. Four provinces in China are already operating with digital currency, he added, with people being paid with it, and making purchases using it. Wolfe contends that the ultimate intention behind rolling out CBDC is to create a global currency controlled by the IMF and eliminate all separate national currencies.
“China will have a wider rollout of digital currency by 2022, with the United States following a couple of years later. According to Wolfe, the president of the Federal Reserve Bank in Cleveland (one of the 12 Federal Reserve Banks in the US) said they’re exploring the possibility of customers having their digital accounts stored at the Fed, bypassing private banks.
— John T. Wolfe
Books by John T. Wolfe
“There’s been a coup d’état. It was not a mob of AK-47 wielding militia overthrowing a dictator in a third-world country. This one was different. On April 2, 2009 at a meeting of the G-20 in London, the fiscal autonomy of the United States (and other nations) was quietly turned over to a little known bank with a troubling Nazi past. The story of this coup sounds like something out a Ludlum novel, but this is real and John Truman Wolfe has documented one of the most enormous power grabs in history, the establishment of what international bankers call a GMA, a Global Monetary Authority. How it was done, who did it, and why, is the subject of Crisis by Design, a no-holds-barred expose of a takeover of the planet’s central banks. Wolfe not only exposes the dark side of this operation, he tells you how you can protect yourself as well as what public policy actions need to occur to take back control of our national economic life. Wolfe does not spew economic psychobabble. Instead, he writes in a smooth and easy-to-understand style. And the message in clear-an international financial coup has occurred. We must protect ourselves as well as our national sovereignty. UPDATED WITH THE MOST RECENT INFORMATION ON THE EUROPEAN FINANCIAL CRISIS!”
“Is there really a Global Financial Ruler? One that dictates policy to the Central Banks of the world? Is there a Central Bank of central banks, that is senior to the U.S. Federal Reserve Bank, the Bank of England and the other national banks that control interest rates, inflation, deflation, prosperity and depression? Such a bank not only exists, but John Truman Wolfe exposed this heretofore unseen hand in the Global Financial Crisis of 2008 and their plans for the next one. No “conspiracy theorist” Wolfe names names, dates, places and actions. If you have ever wanted to know who’s behind the Wizard’s curtain of international finance and how to protect yourself, start at page one. And make no mistake, the events of 2007 and 2008 were a prelude: The next crisis, Wolfe predicts, will take the “bail-ins” used in the economic meltdowns in Cyprus and Greece and apply them worldwide, leaving depositors and consumers holding the bag, yet again.”
Book by Charles H. Coppes
“The U.S. is in deep trouble. America’s financial house of cards is beginning to concern informed individuals (and foreigners) while the vast majority appear either indifferent or unaware of our nation’s serious vulnerability. America’s Financial Reckoning Day is a wake-up call to the baby-boom generation that a hyperinflationary depression and America’s loss of leadership in the world is a distinct possibility in the near future. Chuck Coppes has carefully researched and skillfully presented a compelling case for America’s obsolescence and political paradigms that will help redefine the 21st Century. This is a hard-hitting book about banking intrigue, political malfeasance, treachery, and a prophetic odyssey that reads like an Orwellian novel. It is also a book about survival that will challenge your personal and financial priorities as you read through the final chapters. This book serves as a good reminder that our lives have meaning and significance in God’s plan for the future. For a thorough understanding of the critical times we are living in, it is recommended that you find a quiet place on a peaceful weekend and read this fascinating book in its entirety – and then pass it along to someone you care about.”
You may also be interested in my articles on the Beast’s Monetary System
Banks are the Enemy of Capitalism includes important Biblical warnings to avoid usury
- Almost no one. Revelation 15 mentions those who had victory over the beast and his mark, or number.
- If you were following history, you would know that the last time they took our currency, they considered everything you own as belonging to the government. According to the FDR socialists, the 1933 Senate Document 43 On page 13 explains the official USA socialist ownership:
” The ultimate ownership of all property is in the State; individual so-called “ownership” is only by virtue of Government, i.e. law, amounting to mere user; and use must be in accordance with law, and subordinate to the necessities of the State. The fact that citizens, at a given time, may prefer specie to currency, or vice versa, can not prevent Congress from enacting those laws which it deems necessary to the maintenance of a proper monetary system. If the law makes specie and currency equivalent for purposes of payment, a failure to pay a given sum in specie, according to contract, cannot possibly beget an obligation to pay a greater sum in legal-tender notes, whatever premium men may choose to give for gold, when forced to obtain it for a specific purpose, or when impelled by a spirit of speculation, or by a distrust of Government. (Brown v. Welch, supra.)
While the courts cannot control our citizens’ preferences for one kind of money over another kind, or prevent them from giving a premium for the one or the other kind of money, when the fiscal affairs of the Government necessitate the adoption of a certain policy, expressed in constitutional legislative enactment, such as the maintenance of a monetary system consisting of specie and currency, to be acceptable interchangeably as to the value of the dollar, the courts should not give effect to a stipulation impugning the power of the legislature to make such laws, and should not apply those laws to the construction of contracts in such a way as to defeat the legitimate purpose of those laws, upon the enforcement of which the very existence of the Government may depend, or, at least, the aggregate well-being of the whole people is contemplated.
— Senate Document 43 of April 19, 1933