Donald Trump bans CBDC and promotes Crypto, while ECB pitches digital euro as response to Trump’s crypto push
Euro blockchain image via Pixabay
Consistent with a campaign pledge, US President Donald Trump signed an executive order banning a digital dollar:
Trump Signs Executive Order Banning Central Bank Digital Currencies
President Donald Trump has signed an executive order to prohibit the creation of a “digital dollar” in the form of a central bank digital currency (CBDC).
Trump’s order seeks to clarify regulations in the cryptocurrency industry to “secure America’s position as the world’s leader in the digital asset economy.”
The move establishes the Presidential Working Group on Digital Asset Markets.
The group will develop a federal regulatory framework for digital assets, including stablecoins, and evaluate the creation of a strategic national digital assets stockpile. …
It also revokes the Biden administration’s digital assets executive order framework for international engagement in the industry. 01/24/25 https://slaynews.com/news/trump-signs-executive-order-banning-central-bank-digital-currencies/
Two points.
The first is that since this was done with an executive order, it can be undone by another executive order.
The second point is that this will NOT stop Europe from coming up with its own digital currency.
The truth is that there are threats associated with governments going cashless. Are CBDCs a good thing?
The Continuing Church of God put together the following video on our Bible News Prophecy YouTube channel discussing various views and scriptures about that:
“Bringing you news and analysis of world events in light of Bible prophecy.” This one of the mandates of the Continuing Church of God. The Beast of Revelation is shown as controlling all buying and selling. Might CBDCs fill a role in that control? The Bank of International Settlement predicts there will be at least 9 CBDCs in circulation by 2030. Globalists would prefer a faster pace. What nations or groups of nations are pushing for a Central Bank Digital Currency? There is one group of nations that has claimed it wants to be the dominant force in a CBDC. Will this group of nations become a tie-in to the 666 Mark of the Beast? How close are we to CBDCs? Dr. Thiel uses verses from Bible prophecy to shine the light of understanding on the dangers of the coming Beast power and the cashless society promised by CBDCs. You can read the corresponding article to this video titled “Yes, there are threats of cashlessness, most in NZ, Canada, the US, & Australia oppose CBDCs, yet the IMF continues to push for CBDCs.”
Here is a link to our video: CBDCs and a Cashless Society.
The European ‘666’ will arise and control buying and selling.
Now, there was another part of Donald Trump’s executive order to look at:
President Donald Trump issued an executive order banning so-called central bank digital currencies and establishing an executive group to examine the future of digital assets in the United States.
On Jan. 23, as part of a flurry of orders the White House has issued since his inauguration on Jan. 20, Trump signed an order titled “Strengthening American Leadership in Digital Financial Technology.”
The 1,300-word executive order said it would “promote United States leadership in digital assets and financial technology while protecting economic liberty.”
In a virtual appearance at the World Economic Forum Meeting in Davos, Switzerland, earlier on Jan. 23, Trump reiterated his intent to make the United States “the world capital of artificial intelligence and crypto.” 01/24/25 https://www.2ndsmartestguyintheworld.com/p/trump-signs-sweeping-cryptocurrency
While many in the crypto-world applaud this, moving towards crypto is not the biblically wisest move.
Notice an unintended consequence of that and Europe:
ECB pitches digital euro as response to Trump’s crypto push
FRANKFURT, Jan 24 (Reuters) – Euro zone banks need a digital euro to respond to U.S. President Donald Trump’s push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday. …
Cipollone said this would help lure even more customers away from banks and strengthen the case for the ECB to launch its own digital currency in response. https://www.reuters.com/technology/ecb-pitches-digital-euro-response-trumps-crypto-push-2025-01-24/
While Europe was moving in that direction already, Donald Trump has further motivated Europe to make that action. The 666 power of Revelation 13:15-18 is European and will use some type of a digital currency.
Here is something from two sections in my latest book available at Amazon Kindle: Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies? as well as Amazon print :
Bitcoin, But What About Gold?
Donald Trump has also vowed to create a “bitcoin and crypto presidential advisory council.” [i]
Donald Trump, also, essentially has called for the United States to have a ‘Bitcoin reserve’ by having the government holding on to all Bitcoin it amasses from criminals and others.[ii]
He has suggested it is a great investment.
Historically, the United States and many other nations have used gold as a reserve. Unlike Bitcoin, which is basically an electronic concept, gold is an element, which basically could not be destroyed short of nuclear level heat.
An unintended consequence of his Bitcoin focus is that since it can be destroyed and has no intrinsic physical value, more stable items like gold could be overlooked by the USA government.
That said, gold rose from $1,209 to $1,839 the first time Donald Trump was president.[iii] And, gold futures hit $2,067.15 during his Administration.[iv]
[i] Sigalos M. Here’s what Trump promised the crypto industry ahead of the election. CNBC, November 6, 2024
[ii] Ibid
[iii] Mills R. Which US presidential candidate does gold prefer? Mining.com News, July 16, 2024
[iv] Woodall T. Gold surges to new highs as US dollar weakens despite growing macro risks. S&P Global, August 10, 2020
One more verse that should be perhaps touched on in this chapter is Daniel 11:43.
43 He shall have power over the treasures of gold and silver, and over all the precious things of Egypt; also the Libyans and Ethiopians* shall follow at his heels.
* Note: The Hebrew word is כשׁים kushı̂ym, meaning Cushites, like from Sudan, and is not specifically a reference to the land of Ethiopia.
The “he” is the King of the North. This is the same King of the North that valued gold and silver in Daniel 11:38. Although other scriptures also show that gold and silver will have value around this time (like Revelation 9:20; 18:12,16), the Bible is clear that gold and silver will be worthless for a short time before Jesus returns (e.g. Ezekiel 7:19).
The fact that the King of the North himself will accumulate gold (and some silver) is consistent with several Byzantine (“Greek” Orthodox) prophecies of their predicted Great Monarch:
Emperor Leo the Philosopher (died 912): You will amass gold … And you will be the leader of the surrounding nations …
Addressed to Emperor Manuel II, Palaeogous (died 1425): The Emperor … will discover gold and silver…
Saint Andrew Fool-for-Christ (c. 4th century): God will reveal to this king all the gold wherever it happen to lay concealed from view …[i]
One side note is that, in Egypt, major gold deposits were found in 2006 [ii] and the government announced increasing investment in gold mining in 2022. [iii] This is relevant as it does suggest that Egypt seemingly has enough gold that a foreign power could be interested in taking/using it as Bible prophecy teaches.
It may be of interest to note that back in the 1970s Europe was looking for a gold-backed currency.[iv] European central banks have, overall (there have been sales too by the European central banks), been accumulating gold since, and some in 2024 believe that the Europeans are still planning on having some type of gold-backing (or at least implied) of a European currency.[v]
Since many are now questioning the role of the USA dollar as the world’s reserve currency, more are looking into other currencies as well as gold.
Gold will set records in U.S. dollar terms.
In 2017, I also published that last statement in my book related to Donald Trump, and it did hit records in July and August in 2020. [vi] Now, despite having ups and downs, as well as records hit in 2024, gold will set further records in U.S. dollar terms in the relatively near future.
It has been asserted that:
The only replacement for fiat {currency} is a currency credibly backed by gold.[vii]
Although the above can be debated, the reality is after the elimination of the USA and the crash of its dollar, the world will want something more stable than unbacked currency. Thus, it is likely that some type of gold-backed currency will emerge as the preferred reserve currency in the world.
It has long been reported that various nations around the world are already in the process of accumulating gold to one day overthrow the U.S. dollar—and that the “U.S. is unprepared for this strategic alternative to dollar dominance.”[viii] Various steps were also taken in 2022 and 2024.[ix]
When the U.S. dollar totally collapses people all around the world will consider that even if the euro (or something similar) is strong, having a more gold-backed currency would be safer.
The collapse of the USA dollar will shake a lot of the world’s confidence in non-gold backed currencies. The Europeans do not have to have a perfect currency, only one that is perceived to be in better shape than the USA dollar or various other currencies.
Having the European power acquiring more gold to back the Euro or possibly another future European currency (that might potentially replace the Euro or even a basket of currencies) may greatly increase European credibility, prosperity, and influence around the globe, even if the backing is only implied.
[i] Tzima Otto, pp. 76, 102, 114
[ii] A Gold Mine Worth LE 23 Billion (and counting). Egypt Today, August, 2006
[iii] Hosny H. Egypt to invest in gold, mineral mining. Al-Monitor, June 13, 2022
[iv] Nieuwenhuijs J. Europe Has Been Preparing A Global Gold Standard Since The 1970s. SeekingAlpha.com, July 16, 2020
[v] Nieuwenhuijs J. Europe Is Finalizing Preparations for a Gold Standard. ActivistPost.com, November 9, 2024
[vi] Gold hits new record, posts best month since 2016 CNBC, July 30, 2020; Woodall T. Gold surges to new highs as US dollar weakens despite growing macro risks. S&P Global, August 10, 2020
[vii] MacLeod A. Designing a new currency is impractical. Goldmoney Insights, March 24, 2022
[viii] Rickards J. Axis of Gold. The Daily Reckoning, December 20, 2016
[ix] Guistra F. Why the U.S. dollar will be replaced as the dominant global currency — sooner than you think. Toronto Star, July 5, 2022; Bezek I, Duggan W. De-Dollarization: What Would Happen if the Dollar Lost Reserve Currency Status? US News & World Report, November 2024
Biblically, we know that gold will have value after the USA is conquered.
We also know that 666 financial controls will be put in place in Europe, and likely elsewhere. While CBDCs, of themselves, are not the ‘Mark of the Beast’ they look to be involved in the type of controls the Beast and his associates will implement.
DONALD TRUMP WILL NOT STOP THIS. HIS RISE MAY MOTIVATE THE EUROPEANS TO MOVE QUICKER TOWARDS THEIR PLANNED CBDC.
Related to CBDCs and prophecy, we also put together the following video on our Bible News Prophecy YouTube channel:
World Economic Forum, CBDCs, and 666
Are there concerns about CBDCs (Central Bank Digitial Currencies)? The Summer meeting of the World Economic Forum (WEF) was held from June 27-29, 2023 in China. Did WEF speaker and Cornell University professor Eswar Prasad warn of CBDCs could “take us to a pretty dark place’? What did the European Commission say about the future of a digital euro and various protections the same week? Is the tweeted statement, “No one will be able to control how you use your euros” false in the long run according to biblical prophecies, such as Revelation 13:16-18? Is there a real ability to program a CBDC with an expiration date as well as restricting what it could be used to purchase? Has monitoring of purchase transactions been proposed by various European leaders? Does the EU already have a potential enforcement arm of ‘666’? Has the European Central Bank said that cash was “not fit for the digital economy’? Are we moving more towards a cashless world? Are things really changing towards that? Steve Dupuie and Dr. Thiel discuss these and other matters.
Here is a link to our video: World Economic Forum, CBDCs, and 666.
Yes, Europe will adopt some type of digital currency.
Probably by 2029.
It will take the coming Kingdom of God, not Donald Trump, to fix what is coming.
Executive orders will not change biblical prophecies from being fulfilled.
Some items of possibly related interest may include:
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is are links to related videos: European history and the Bible, Europe In Prophecy, The End of European Babylon, and Can You Prove that the Beast to Come is European? Here is a link to a related sermon in the Spanish language: El Fin de la Babilonia Europea.
Could God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2031 or 2025 or? There is also a video titled: When Does the 6000 Years End? 2031? 2035? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años
Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies? Is Donald Trump going to save the USA or are there going to be many disastrous unintended consequences of his statements and policies? What will happen. The link takes you to a book available at Amazon.com.
Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies? Kindle edition is available for only US$3.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?
Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? What about other peoples? Do you really know what will happen to Europe and the English-speaking peoples? What about Africa, Asia, South America, and the Islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNA; Lost tribes, prophecies, and identifications; 11 Tribes, 144,000, and Multitudes; Israel, Jeremiah, Tea Tephi, and British Royalty; Gentile European Beast; Royal Succession, Samaria, and Prophecies; Asia, Islands, Latin America, Africa, and Armageddon; When Will the End of the Age Come?; Rise of the Prophesied King of the North; Christian Persecution from the Beast; WWIII and the Coming New World Order; and Woes, WWIV, and the Good News of the Kingdom of God.
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