EU making use of large amounts of cash illegal: Yes, this is a step towards 666!
Artist’s conception of Euro becoming digital (Pixabay)
Michael Snyder posted the following:
We Are About To Witness A MAJOR Move Toward A Cashless Society
December 11, 2022
The war on cash has just gone to an entirely new level. When I heard that the European Union was planning to completely ban all cash transactions above 10,000 euros, I had a hard time believing it. There are so many wild rumors flying around on the Internet these days, and so I wasn’t going to write about this unless I could confirm it. Unfortunately, this particular rumor is quite real. Under the pretext of fighting “money laundering and terrorist financing”, the European Union will be entirely outlawing all cash payments greater than 10,000 euros. https://endoftheamericandream.com/we-are-about-to-witness-a-major-move-toward-a-cashless-society/
This is yet another step towards 666 cashlessness.
Here is what the Council for the Europe Union’s official website states about this rule:
The EU continues its fight to protect EU citizens and the EU’s financial system against money laundering and terrorist financing. In order to enlarge the scope of the existing regulatory framework and to close possible loopholes, today the Council agreed its position on an anti-money laundering (AML) regulation and a new directive (AMLD6). Together with the proposal for a recast of the transfer of funds regulation, on which an agreement has already been reached with the European Parliament, these will form the new EU AML rulebook once adopted. …
Terrorists and those who finance them are not welcome in Europe. In order to launder dirty money, criminal individuals and organisations had to look for loopholes in our existing rules which are already quite strict. But our intention is to close these loopholes further, and to apply even stricter rules in all EU member states. Large cash payments beyond €10.000 will become impossible. Trying to stay anonymous when buying or selling crypto-assets will become much more difficult. Hiding behind multiple layers of ownership of companies won’t work any more. It will even become difficult to launder dirty money via jewellers or goldsmiths.
Zbyněk Stanjura, Minister for Finance of Czechia
The new EU anti-money laundering and combating the financing of terrorism (AML/CFT) rules will be extended to the entire crypto sector, obliging all crypto-asset service providers (CASPs) to conduct due diligence on their customers. This means that they will have to verify facts and information about their customers. In its position, the Council demands CASPs to apply customer due diligence measures when carrying out transactions amounting to €1000 or more, and adds measures to mitigate risks in relation to transactions with self-hosted wallets. The Council also introduced specific enhanced due diligence measures for cross-border correspondent relationships for crypto-asset service providers.
Third-party financing intermediaries, persons trading in precious metals, precious stones and cultural goods, will also be subject to the obligations of the regulation, as will jewellers, horologists and goldsmiths. https://www.consilium.europa.eu/en/press/press-releases/2022/12/07/anti-money-laundering-council-agrees-its-position-on-a-strengthened-rulebook/
This is not a way of protecting EU citizens. It is a step towards more financial control.
Notice something from the European Central Bank:
August 22, 2022
In the digital economy, cash is no longer a useful tool, and a central bank digital currency (CBDC) is the “only solution” to continue the existing monetary system, according to a new paper from the European Central Bank (ECB).
The eurozone’s central bank recently published a paper titled, “The Economics of Central Bank Digital Currency.” Authors assessed the implications for the financial system and examined data privacy and digital payments.
Researchers concluded that a CBDC, like a digital euro, would be the “only solution” to facilitate a “smooth continuation” of the present monetary system. Despite widespread concerns that CBDCs would limit the credit supply and function as a disruptive force in the financial markets, the paper rejected these concerns as being unfounded.
Digital money is critical in a digital economy, the ECB noted. Since “cash is losing its appeal as efficient means of payment,” a CBDC is a necessary tool to install. Although the research identified drawbacks of instituting a uniform digital monetary system, such as the sluggish pace of settlements, market developments, and adoption, the paper noted that “a digital update of cash” is crucial to advancing “the two-layer system of public and private money.”
Ultimately, cash possesses “large economic costs without clear benefits,” so “it is by construction not ‘fit’ for the digital age.”
Digital money might generate privacy concerns, authors warned. …
The paper also rejected cryptocurrencies and stablecoins, calling them a “threat to monetary sovereignty.” https://www.zerohedge.com/crypto/ecb-says-cash-not-fit-digital-economy-dismisses-cbdc-privacy-concerns
Here are some excerpts from the ECB paper:
We argue that public digital money in form of a CBDC could replace banknotes as the monetary anchor of today’s two‐layer monetary system and help retaining monetary sovereignty if global stablecoins became widely used. …
Bindseil (2020) notes that in a negative interest rate environment demand for CBDC would be potentially unlimited if it were remunerated at a zero interest rate. At the same time, a CBDC carrying a negative interest rate might face adoption obstacles as users would perceive cash as a less costly means of payment. …
Since cash is only available in physical form, it is by construction not “fit” for the digital age. https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2713~91ddff9e7c.en.pdf?79062191677f6bb6f617909e6a7a9ba8%C3%A4 accessed 08/24/22
The ECB is saying that cash cannot be controlled enough and is not fit for the digital age it wants. This is a clear ‘666’ signal.
According to the Bible (cf. Revelation 13:1-18), a coming European beast power will control buying and selling.
The Bible, itself, prophesies that totalitarian financial controls are coming to Europe:
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 13:11-18)
The type of controls prophesied in Revelation 13:16-18 were something that was not possible when Jesus had the Apostle John pen the above. But it is possible now with digital technology–particularly if cash is eliminated and made inconsequential.
Furthermore, note that in addition to banning cash transactions over €10,000, notice that it wants steps to deal with digital and cryptocurrencies over €1000.
Those who think things like BitCoin will endure privately are in error.
I actually warned about that on December 5, 2013:
Bitcoin … There is no way governments will intentionally allow a system that gets around all of their financial espionage. …
The Bible is clear that the time is coming when the Beast power will have implemented some type of strong financial control. Thus, it is not likely that Ron Paul’s hope of being able to buy and sell privately with something like Bitcoin will last. The Beast power will not allow it, and it is likely that the USA government will take more steps to try to either stop it or at least secretly spy on it. (Thiel B. Bitcoin, China, NSA, & the Beast. COGwriter, December 5, 2013)
And governments are taking steps. Not just the attention to the use of cryptocurrencies over €1000, but the Europeans are doing even more than that.
In November 2021, the EU released a paper called “Proposal for EU Regulation on Markets in Crypto-Assets.”
Related to that, back in January 2022, 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.
And now, the official attention to the use of cryptocurrencies over €1000.
Furthermore, the European Public Prosecutor’s Office officially started operations on 1 June 2021 (https://www.eppo.europa.eu/en/background). This office is specifically involved with “financial crimes.”
So, yes, there is an enforcer for 666.
A few years back, my wife Joyce and I visited Sweden, which is almost cashless. We put together a video about its moves towards cashlessness on our Bible News Prophecy YouTube channel: Sweden going to ‘666’ cashlessness?
The world in general, as well as Europe in particular, is moving more towards a cashless society.
Yes, more digital currency use is coming.
The surveilling time of controlling buying and selling-666-is coming–and parts have already begun to be implemented.
The Continuing Church of God (CCOG) also put together the following video related to digital currencies on our Bible News Prophecy YouTube channel, of which the audio portion was sent for broadcast on the European Gospel Radio station AM 1323 kHz last month:
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.
Are you paying attention to what is going on in the world?
Steps towards ‘666’ are clearly happening.
Yes, Europe will adopt some type of digital currency.
The 666 prophecies will be fulfilled.
Probably by 2028.
Some items of possibly related interest may include:
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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 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.
Some Doctrines of Antichrist Are there any doctrines taught outside the Churches of God which can be considered as doctrines of antichrist? This article suggests at least three. It also provides information on 666 and the identity of “the false prophet.” Plus it shows that several Catholic writers seem to warn about an ecumenical antipope that will support heresy. You can also watch a video titled What Does the Bible teach about the Antichrist?
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