ZH: American Totalitarian ‘Crypto Dollar’ May Come Before The Election; CG: EU Parliamentary Committee votes in favor of ‘digital euro’ CBDC
(Source: Pixabay)
We continue to see steps in the USA and Europe about the rise and possible implementation of Central Bank Digital Currencies (CBDCs). Let’s start by looking at two reports related to the USA:
American Totalitarian ‘Crypto Dollar’ May Come Before The Election
February 21, 2024
Central Bank Digital Currencies (CBDCs) threaten to replace the cash we use with programmable, trackable, and censorable tokens controlled by governments. Your financial choices could be suppressed, and privacy eliminated. Based on what I’ve learned and experienced directly, this could happen before the 2024 election. …
The Political Landscape for CBDCs in the United States
This is why I believe a CBDC might be rolled out in the United States before the 2024 Presidential election.
1/ President Biden has Authorized the Exploration of a CBDC, and There Isn’t any Real Resistance in Congress.
On March 9, 2022, President Biden signed Executive Order 14067. This EO places “the highest urgency on research and development efforts into the potential design and deployment options of a United States CBDC.” It also calls for a whole-of-government approach to regulating digital assets. As you will see in a further section below, the technology for a US CBDC has already been developed. …
In June of 2023, I had my first conversation with Vivek Ramaswamy. …
The first thing Vivek did after exiting the race after the Iowa Caucus was to convince Donald Trump that he should oppose CBDCs. On January 17, 2024, in my home state of New Hampshire immediately before the Presidential primary, Trump made the following statement: “I want to thank my friend Vivek for bringing this important issue to my attention. He’s been a great help in understanding the dangers of CBDCs, and I’m grateful for his guidance. Together, we’ll make sure that these digital dollars never see the light of day in America.” …
2/ The Technology for a US CBDC has Already Been Developed and Could be Deployed Quickly.
The Federal Reserve has already completed three successful pilots. …
3/ Most Americans are Unaware of What CBDCs are and Could be Easily Manipulated in an Emergency.
An article in Forbes on March 8, 2023, Federal Reserve Chair Jerome Powell stated “Given the very modest and biased mainstream media coverage on this topic, most Americans are fairly complacent about the issue.” The Cato Institute recently conducted a survey on the issue, and while it shows that 34% oppose a “central bank digital currency,” most don’t know enough yet to have an opinion. …
4/ In Recent History, Emergencies Have Driven Major Legislation That Strips Us of Our Rights.
There has been a recent trend of passing larger and larger emergency legislation in shorter and shorter timeframes with less scrutiny over time. Winston Churchill stated, “Never let a good crisis go to waste” and the US Congress and Senate have not missed this opportunity to use an emergency to strip US citizens of their freedoms. … we could see a CBDC passed in under two weeks. …
Don’t Believe the Hype
You should be aware that the people pushing CBDCs (central banks, the United Nations, the World Economic Forum, Bank of International Settlements, and others) have refined their messaging and will be presenting a full propaganda campaign extolling the virtues of CBDCs. …
Christine Lagarde, President of the European Central Bank, remarked, “Without CBDC, we risk losing the role of anchor.”
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, observed, “CBDC doesn’t solve any actual problems, other than enabling central bankers to monitor all transactions and deduct taxes directly from people’s accounts.” https://www.zerohedge.com/political/american-totalitarian-crypto-dollar-may-come-election
What Will America Look Like When Joe Biden’s Central Bank Digital Currency Becomes a Reality?
February 21, 2024
A Central Bank Digital Currency (CBDC) is a digital form of a country’s national currency issued by its central bank. Unlike traditional physical money such as banknotes and coins, CBDCs exist in electronic or digital form. …
Is a Central Bank Digital Currency good for the federal government or our people?
Former President Donald Trump warned that a Central Bank Digital Currency (CBDC) or a Fed-controlled Digital Dollar “would give our federal Government absolute control over your money.”
“They could take your money, and you wouldn’t even know it’s gone. This would be a dangerous threat to our freedom.”
Are there any cases where countries have introduced a CBDC while maintaining control over their citizen’s financial resources?
Christine Lagarde, head of the European Central Bank, admitted that the purpose of CBDCs, like the digital euro, is control. She also noted that those who pay more than 1,000 EUR in cash for any transaction are doing so off the grid and will be fined or go to jail.
Whoa, using your own cash for private transactions over 1,000 EUR in the European Union will send you to jail? That’s a pretty scary thought.
Are there any reports as to how China is using its CBDC?
Wired magazine reports that “China’s Digital Yuan Works Just Like Cash—With Added Surveillance.”
Back in January 2021, a Forbes article had the headline: “China’s Digital Yuan Reported To Be the Ultimate Financial Censorship Tool.” …
At the beginning of his tenure, President Joe Biden signed Executive Order 14067 on “Ensuring Responsible Development of Digital Assets.” Hidden in section 4 of this order is some alarming language. In just a few paragraphs, our current president has possibly set the stage for…
- Legal surveillance of U.S. citizens
- Control of all bank accounts and purchases
- The ability to crush free speech and silence opposing voices
Then we have Sen. Sherrod Brown’s (D-OH) pro-digital dollar draft—Senate Bill 3571—Banking for All Act. It describes Federal Digital Wallets.
Now, to add icing to the cake, Sen. Elizabeth Warren (D-MA), along with Sens. Joe Manchin (D-WV) and Lindsey Graham (R-SC), introduced legislation to abolish digital money privacy. It’s called the Digital Asset Anti-Money Laundering Act of 2022.
This Act could strip privacy from digital money transactions, should the United States enact a CBDC, also known as Fedcoin. This is what American Banker, an organization dedicated to updating bankers on all financial and banking affairs, had to say about the Act:
This bill violates our digital privacy. The bill would require digital wallet companies to register as money services businesses, which means they would have to monitor clients’ payment transactions like banks even if they don’t move money. This means that a wallet company would be responsible for monitoring our personal digital wallets … for filing reports to the federal government.
As Forbes has reported in the past: “Privacy advocate experts worry that digital currencies would give governments too much control over how and where people spend their money. Many see them as the ultimate tool of government financial surveillance.” …
Rep. Byron Donalds (R-FL) says, “CBDCs pose a clear threat to Americans’ financial independence.”
Rep. Barry Loudermilk (R-GA) says, “The Federal Reserve’s push to develop a central bank digital currency would allow the Fed to track an individual’s transactions indefinitely.” https://www.breitbart.com/politics/2024/02/21/what-will-america-look-like-when-joe-bidens-central-bank-digital-currency-becomes-a-reality/
While various ones in the USA and elsewhere have concerns, digital currencies are more and more being studied and implemented.
That said, I believe that Donald Trump would make CBDCs a BIG election issue if it looked like they would be fully implemented before the 2024 election.
That said, notice the picture at the beginning of this post shows. It was from Pixabay when I searched for CBDC. It is an illustration pointing out that CBDCs would be a surveillance tool for the Euro.
The European Union is moving faster towards CBDCs than the USA as the following helps demonstrate:
EU Parliamentary Committee votes in favor of ‘digital euro’ CBDC
20 February 2024
The European Parliament’s Committee on Civil Liberties and Justice (LIBE) has overwhelmingly voted to endorse the latest digital euro report backing the European Central Bank’s (ECB) proposed digital euro, taking the bloc one step closer to a central bank digital currency (CBDC).
The draft legislation would make a proposed CBDC legal tender and was passed by a resounding 48 in favor of with only six against (and with seven abstentions).
A digital euro has been in the works since June 2023, and the latest draft of the bill, approved by LIBE on February 15, includes amendments that provide support for
permissionless blockchains and address prior concerns raised by European banks. It also states that payment providers can use their own wallets. https://coingeek.com/eu-parliamentary-committee-votes-in-favor-of-digital-euro-cbdc/
We continue to to see many European and some American leaders pushing for CBDCs.
According to the Bible, Europe will end up with the ability to control and monitor buying and selling.
That would seem to have to require some type of computers and digital currency.
The Bible says that a coming totalitarian, European Beast power will control buying and selling.
Moves in that direction were part of #13 of my list of 24 items to prophetically watch in 2024:
13. CBDCs and 666
Notice 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)
This type of financial surveillance could not have happened during the time of the Apostle John as there was no real way to monitor many financial transactions then (despite the fact that ‘preterists’ believe this was fulfilled almost 2000 years ago, see also The Dangerous Rise of Preterists). The same was true for all the centuries that followed until the late 20th and now the 21st century. But now not only does the technology exist to monitor most financial transactions, the political will is there as well.
It will be a European power that will fulfill the above prophecy of 666 (watch Can You Prove that the Beast to Come is European?).
It will likely take supercomputers aided with artificial intelligence to aid in the fulfillment of the scriptures in Revelation 13:15-18, as well as cyber-spying/monitoring. I do believe that cyber monitoring will be used by the European Beast, King of the North, 666 power.
We are seeing a move to digital/electronic money. Notice a news item from 2023:
EU making use of large amounts of cash illegal: Yes, this is a step towards 666!
Now, now some items from 2023:
‘2023: The ABC’s of CBDC, the Great Reset(s) & MORE Centralized Control’
WEF wants to ‘master the future’–CBDCs are part of the way
World Economic Forum pushing the inevitability of CBDCs
‘We Are Working Hard On A Global CBDC’ ‘The Reset: When Will Globalists Attempt To Introduce Their Digital Currency System?’
‘CBDCs are a solution for a problem we don’t have, and they want to implant it under our skin’
WORSE THAN CBDCs: Globalists Publish Plan for Worldwide Financial ENSLAVEMENT Under “Unified Ledger”
‘Putin Signs Digital Ruble Law Making a CBDC Possible in Russia’
NEW WORLD CURRENCY ANNOUNCED? – New BRICS CBDC To Be Launched Next Year? ’10 U.S. Sectors To Be Affected If BRICS Stops Using the Dollar’
‘EU Parliament Agrees on Digital ID Introduction and Pro-Censorship Chief Suggests CBDC Integration’
Knowledge and monitoring of financial transactions is greatly increasing.
Europe has claimed that it will be the dominant force in cryptocurrency.
The Europeans will push for a CBDC.
Many within BRICS will push for a CBDC.
While 2024 will not see a cashless world, expect to see more movements towards monitorable payments.
Expect to see more steps related to Central Bank Digital Currencies in 2024.
The fall of the US dollar and the trend towards digital money will concern many.
Look for more totalitarian steps to be proposed and/or implemented in 2024.
Biblically, we know that 666 financial controls will be put in place in Europe, and likely elsewhere.
Actions towards Central Bank Digital Currencies looks to make that easier. The US Congress will not stop what the Bible shows will happen in Europe.
Related to CBDCs and prophecy, we 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.
Are YOU paying attention? Things are changing and will not remain as they have.
Steps towards ‘666’ are clearly happening.
Yes, Europe will adopt some type of digital currency.
Probably by 2028.
For a time it will “master the future” under a totalitarian dictator.
But the good news is that it will one day be replaced by the coming Kingdom of God.
Some items of possibly related interest may include:
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’?
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?
When Will the Great Tribulation Begin? 2024, 2025, or 2026? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede la Gran Tribulación comenzar en el 2020 o 2021? ¿Es el Tiempo de los Gentiles? A related video is: Great Tribulation: 2026 or 2027? A shorter video is: Tribulation in 2024? Here is a video in the Spanish language: Es El 2021 el año de La Gran Tribulación o el Grande Reseteo Financiero.
Is a Great Reset Coming? Klaus Schwab of the World Economic Forum has proposed a societal change that has been basically endorsed by the Vatican and many world leaders. Does the Bible prophesy a major reset? Here is a link to a related video: Will there be a “Great Reset”?
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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