AP: Ready for a digital euro? At 25, European Central Bank preps for future of money
(Pixabay)
European leaders are getting closer to making the euro digital. The Associated Press reported the following:
Ready for a digital euro? At 25, European Central Bank preps for future of money
May 24, 2023
FRANKFURT, Germany (AP) — As it marks its 25th anniversary Wednesday, the European Central Bank is readying a proposed design for a digital version of the euro, responding to pressure from developing technology that could change how money is used over the bank’s next decades.
ECB President Christine Lagarde says a digital euro could offer a way for people to buy things without depending on payment service providers controlled by non-European companies. Those could include Mastercard, Visa, Apple Pay and Google Pay.
The European Union’s executive Commission is expected to come up with proposed legislation on the idea in the next several weeks, ECB officials say, while the central bank will publish a detailed proposal for the design of a digital currency in October.
Central banks worldwide, including the U.S. Federal Reserve, are cautiously studying digital currencies as cash increasingly gives way to electronic payments. Some smaller economies such as Nigeria, the Bahamas and Jamaica already have introduced digital currencies, while China is holding trial runs. …
How would it improve on what’s already available for consumers?
“Nobody is able to answer this question, not even the ECB,” said Philipp Sandner, head of the Blockchain Center at the Frankfurt School of Finance & Management.
“As the user I ask myself, ‘What is the benefit, why do we need another solution?’” he said. https://apnews.com/article/digital-currency-euro-european-central-bank-92fe08d96685dc70668ac1614651e808
Well, the “benefit” is for European government, European control, and to broaden the appeal and use of the euro outside of the Eurozone.
Biblically, it appears to be a step towards ‘666’ control.
Others realize that control looks to be the objective:
The digital euro could usher in total state control
April 20, 2023
CBDC stands for “Central Bank Digital Currency.” PR consultants and journalists prefer to use the term “digital euro,” which is easier to remember and sounds nicer, but the trivialization of the term does not change the fact that behind all of this, total surveillance awaits.
The ECB’s planned digital euro works like Bitcoin on the basis of blockchain technology, but with a few key differences. Provided you have some, you can protect your money from inflation by holding it in the form of Bitcoin, you just need to have some tolerance for volatility.
The Bitcoin blockchain is public and resistant to censorship because it is managed in a decentralized manner by a worldwide network of tens of thousands of computers, with no need for a central authority. Thus, unlike the fiat system, the amount in circulation cannot be increased by command. Bitcoin is transparent because every transaction is recorded in the public blockchain and can be viewed by anyone on the network. …
In contrast, the blockchain on which the digital euro is based is not public and is managed centrally. All transactions go through the European Central Bank (ECB) network, which means there is no transparency whatsoever. Already, no one really knows how many euros are in circulation because they can be printed at will by the ECB. …
In the future, each of us will have a personally assigned account with the central bank. Every transaction can be tracked by the central bank and its associated authorities. The authorities can and will collect information about anyone who sends money to your wallet, who you send money to, how much money you spend, when you spend it, where you spend it, and on what. The authorities will know how often you go to the hairdresser, whether you have a subscription to the gym, whether you like to eat bananas, and how much money you spend on cat food.
I don’t think the leaders of the EU and the ECB will introduce the digital euro next year simply to use it to turn Europe into a dystopian nightmare the following year. Nor, most likely, will their successors. But they could. https://rmx.news/germany/the-digital-euro-could-usher-in-total-state-control/
Biblically, it is certain that massive state control over buying and selling will come to Europe (cf. Revelation 13:16-18)– as I have written for many years, some type of electronic currency will be involved. Other prophecies also point to persecution and censorship.
For years, Europe has been taking steps moving towards control and surveillance, including that of buying and selling.
Back in November 2018, the European Union announced it would spend a billion euros on a quantum computer and several billion more on related matters (see EU to spend one billion euros on quantum tech to compete with USA and China; France’s Macron wants European military spending to go to European firms; ‘Europe Must Rebel’). This will assist with surveillance.
In December 2020, the European Union (EU) unveiled its Digital Services Act. I warned it had totalitarian implications then (see ‘EU ‘regrets’ new US tariffs’ & ‘EU Unveils New Rules to Curb Technology Companies’) and earlier this year (see IL: Censor The Internet Act: EU Agrees to Expand Online Censorship With ‘Digital Services Act’).
The EU keeps pushing for faster and faster monitoring and censorship.
Europe wants to set the standards for digital tech for the world as the euobserver reported: https://euobserver.com/democracy/154207
Setting the standards will also lead to more controls and, ultimately, contribute to the actual apocalypse.
Although various ones in the EU are warning against various controls and claiming to push for rights and privacy, the biblical reality is that Europe will become totalitarian itself (Revelation 13; see also EU summits to push for ‘European industry strategy’ and ‘proper’ thinking and EU proposes billions for ‘Digital Europe’ surveillance: This would assist 666).
Europe wants to dominate big tech itself. It is working on many ways to bypass the USA (e.g. Der Spiegel says Europe needs to employ ‘clever resistance’ as it works towards a post-USA world).
Plus, it has already taken various steps in order to do so.
The Bible shows that a European, totalitarian dictator will rise up (Revelation 13, 17:12-13)–and this will NOT end well for the USA (cf. Daniel 11:39), the Middle East (Daniel 11:40-43), or Europe itself (Daniel 11:44-45; Revelation 17:14; Revelation 18).
The Book of Revelation, also called the Apocalypse, has the following prophecy:
16 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, 17 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.
18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666. (Revelation 13:16-18)
When the Apostle John penned that, it was not possible to monitor all buying and selling, but as digital payments come to be the normal way to buy and sell, such monitoring can now occur (and, even in the USA, does to a degree).
As we warned before, Europe has been in the process of establishing an enforcer for 666 controls. We have a related video:
The European Union is in the process of establishing the European Public Prosecutor’s Office. This is a major, first-of-its-kind move, with the EU setting up a European-wide prosecutor’s office that will have power to investigate and charge people for financial crimes committed against the EU. It looks like this type of office may end up persecuting those that do not have the mark of the Beast when they “buy or sell” as that will later be considered a financial crime in Europe. What does 666 mean? How has that name been calculated? How can we be certain that this is a prophecy for Europe and not Islam? Is the appointment of this new office of significant prophetic importance? Dr. Thiel addresses these issues and more by pointing to scriptures, news items, and historical accounts.
Here is a link to the sermonette video: EU Setting Up 666 Enforcer?
Europe has set up such an office with that ability.
The European Public Prosecutor’s Office officially started operations on 1 June 2021 (https://www.eppo.europa.eu/en/background).
Europe is taking steps.
Last year, the Continuing Church of God (CCOG) put out the following video on our Bible News Prophecy YouTube channel:
EU to be ‘Sheriff’ of BitCoin & Digital Currencies
Will Bitcoin remain unregulated? The European Union does not think it should be and it released a paper titled “Proposal for EU Regulation on Markets in Crypto-Assets.” Christine Lagarde, president of the European Central Bank, earlier endorsed EU regulation of crypto and digital currencies. A Belgian declared that the EU was the “new Sheriff in town” to deal with the “wild west” of Bitcoin, blockchain, and other cryptocurrencies. The European Union now also has the European Public Prosecutor’s Office in operation, mainly to deal with financial matters? Will the Europeans end up controlling buying and selling associated with 666 in Revelation 13:16-18? Is Europe taking preliminary steps to do so now? Dr. Thiel address these issues.
Here is a link to our video: EU to be ‘Sheriff’ of BitCoin & Digital Currencies.
We also put out the following:
In 1949, the late George Orwell wrote a disturbing book about a totalitarian government called “nineteen-eighty four.” Despite laws that are supposed to protect freedom of speech and religion, we are seeing governments taking steps consistent with those that Geroge Orwell warned against. We are also seeing this in the media, academia, and in private companies like Google, Facebook, and Twitter. With the advent of technology, totalitarianism beyond what Orwell wrote is possible. Does the Bible teach the coming a totalitarian state similar to George Orwell’s? What about the Antichrist and 666? Will things get worse? What is the solution? Dr. Thiel answers these questions and more. A written article of related interest is titled “Totalitarian controls getting closer–The Guardian pushing internet censorship.”
Here is a link to our video: Orwell’s 1984 by 2024?
While the end will not come by 2024, the European Union is moving towards more ability to monitor electronic communications as well as to control buying and selling.
Notice also:
The government of Belgium is in the process of ordering small businesses to accept credit cards. In Sweden more and more cashless transactions are occurring. The European Central Bank as well as the government of the United States is working on developing Central Bank Digital Currencies (CBDCs). Could this be used for ‘1984’ type monitoring? Is something like this needed for ‘666’ control of buying and selling as warned in the Book of Revelation? Does the European Union now have a unit that could do ‘666’ monitoring? What about the use of gold? Steve Dupuie asks Dr. Thiel various questions related to these topics.
Here is a link to our video: Cashlessness and 1984.
We are getting closer to the day, with technologies unheard of when God inspired John to warn what would happen, that the totalitarian Beast of Revelation will be able to reign as well as enforce 666 controls.
Some items of possibly related interest may include:
Two Horned Beast of Revelation and 666 Who is 666? This article explains how the COG views this, and compares this to Ellen White. Here is a link to a prophetic video Six Financial Steps Leading to 666?
The Mark of Antichrist What is the mark of Antichrist? What have various ones claimed? Here is a link to a related sermon What is the ‘Mark of Antichrist’?
Mark of the Beast What is the mark of the Beast? Who is the Beast? What have various ones claimed the mark is? What is the ‘Mark of the Beast’?
Preparing for the ‘Short Work’ and The Famine of the Word What is the ‘short work’ of Romans 9:28? Who is preparing for it? Will Philadelphian Christians instruct many in the end times? Here is a link to a related video sermon titled: The Short Work. Here is a link to another: Preparing to Instruct Many.
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 a link to a video titled: Can You Prove that the Beast to Come is European?
European Technology and the Beast of Revelation Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation.
Preparing for the ‘Short Work’ and The Famine of the Word What is the ‘short work’ of Romans 9:28? Who is preparing for it? Here is a link to a related video sermon titled: The Short Work.
Internet Censorship and Prophecy Are concerns about internet censorship limited to nations such as Russia, China, Iran, and North Korea. But what about the USA, Canada, and Germany? What about the European Union? What about internet media companies such as Facebook, Google, YouTube, or email services like MailChimp? Has the attempt to control information been made by various ones over the centuries? Was the New Testament affected by it? What about the church throughout the centuries? Has the Bible already been partially censored? Which Bible prophecies point to coming Internet censorship? What about the Book of Amos? What about the coming 666 Beast and final Antichrist? Is there anything that can be done about this? Should Philadelphian Christians be working on anything now? Will preaching the Gospel of the Kingdom of God vs. a highly media-supported alternative lead to a ‘famine of the word’? More internet censorship is coming as various statements in the Bible support.
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here are links to two related videos: The King of the North is Alive: What to Look Out For and The Future King of the North.
The Great Monarch: Biblical and Catholic Prophecies Is the ‘Great Monarch’ of Catholic prophecies endorsed or condemned by the Bible? Two sermons of related interest are also available: Great Monarch: Messiah or False Christ? and Great Monarch in 50+ Beast Prophecies.
Persecutions by Church and State This article documents some that have occurred against those associated with the COGs and some prophesied to occur. Will those with the cross be the persecutors or the persecuted–this article has the shocking answer. There is also a YouTube video sermon you can watch: The Coming Persecution of the Church. Here is information in the Spanish language: Persecuciones de la Iglesia y el Estado.
Orwell’s 1984 by 2024? In 1949, the late George Orwell wrote a disturbing book about a totalitarian government called “nineteen-eighty four.” Despite laws that are supposed to protect freedom of speech and religion, we are seeing governments taking steps consistent with those that George Orwell warned against. We are also seeing this in the media, academia, and in private companies like Google, Facebook, and Twitter. With the advent of technology, totalitarianism beyond what Orwell wrote is possible. Does the Bible teach the coming a totalitarian state similar to George Orwell’s? What about the Antichrist and 666? Will things get worse? What is the solution? Dr. Thiel answers these questions and more in this video.
Internet Control, Famine of the Word, and 666 Is the internet going to be used to suppress the teaching of the word of God?
Is God Calling You? This booklet discusses topics including calling, election, and selection. If God is calling you, how will you respond? Here is are links to related sermons: Christian Election: Is God Calling YOU? and Predestination and Your Selection. A short animation is also available: Is God Calling You?
Christian Repentance Do you know what repentance is? Is it really necessary for salvation? Two related sermons about this are also available: Real Repentance and Real Christian Repentance. Could God be Calling You?
Should the Church Still Try to Place its Top Priority on Proclaiming the Gospel or Did Herbert W. Armstrong Change that Priority for the Work? Some say the Church should mainly feed the flock now as that is what Herbert W. Armstrong reportedly said. Is that what he said? Is that what the Bible says? What did Paul and Herbert W. Armstrong expect from lower level leaders? A related sermon is available titled Priority of the Philadelphia Work.
The Gospel of the Kingdom of God This free online pdf booklet has answers many questions people have about the Gospel of the Kingdom of God and explains why it is the solution to the issues the world is facing. Here are links to four related sermons: The Fantastic Gospel of the Kingdom of God!, The World’s False Gospel, The Gospel of the Kingdom: From the New and Old Testaments, and The Kingdom of God is the Solution.
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