Israel launches digital shekel experiment, Donald Trump says no CBDCs for USA, but …
BANK OF ISRAEL LAUNCHES OWN CBDC – THE DIGITAL SHEKEL
– Against a backdrop of massive geopolitical tensions, the Bank of Israel (BoI) has announced its own central bank digital currency (CBDC) experiment in the ‘Digital Shekel’.
– The program takes inspiration from ‘Project… https://t.co/VKl7tmLYHm pic.twitter.com/MHv9VcGoPW
— BSCN (@BSCNews) May 29, 2024
Israel made a major digital move:
Israel launches digital shekel CBDC experiment for payments
29 May 2024
Israel intends to expedite the development of its in-house central bank digital currency (CBDC), the digital shekel.
The Bank of Israel (BoI) plans to involve various service providers in co-developing an advanced digital payments ecosystem centered on the digital shekel. A rough translation of the central bank’s announcement read:
“As part of the action plan for the possible issuance of the digital shekel, the Bank of Israel is planning the ‘Digital Shekel Challenge’ — an experiment inspired by the ‘Project Rosalind’ carried out by the BIS Innovation Hub.”
Project Rosalind is a joint experimentation between the Bank for International Settlements (BIS) and the Bank of England and aims to develop prototypes for an application programming interface (API). https://cointelegraph.com/news/israel-accelerates-digital-shekel-development
Last month, the World Economic Forum (WEF) seems pleased that most nations are intending to adopt Central Bank Digital Currencies (CBDCs):
Cashless Society: WEF Boasts That 98% Of Central Banks Are Adopting CBDCs
April 25, 2024
The WEF recently boasted in a new white paper that 98% of all central banks are now pursuing CBDC programs. The report, titled ‘Modernizing Financial Markets With Wholesale Central Bank Digital Currency’, notes:
“CeBM is ideal for systemically important transactions despite the emergence of alternative payment instruments…Wholesale central bank digital currency (wCBDC) is a form of CeBM that could unlock new economic models and integration points that are not possible today.”
The paper primarily focuses on the streamlining of crossborder transactions, an effort which the Bank for International Settlements (BIS) has been deeply involved in for the past few years. It also highlights an odd concept of differentiated CBDC mechanisms, each one specifically designed to be used by different institutions for different reasons. Wholesale CBDCs would be used only by banking institutions, governments and some global corporations, as opposed to Retail CBDCs which would be reserved for the regular population. …
By extension, the adoption of CBDCs by governments and global banks will ultimately lead to what the WEF calls “dematerialization” – The removal of physical securities and money. The WEF states:
“As with the Bank of England’s (BOE) RTGS modernization programme, the intention is to introduce a fully digitized securities system that is future-proofed for incremental adoption of DLT (Distributed Ledger Technology). The tokenization of assets involves creating digital tokens representing underlying assets like real estate, equities, digital art, intellectual property and even cash. Tokenization is a key use case for blockchain, with some estimates pointing towards $4-5 trillion in tokenized securities on DLTa by 2030.”
Finally, they let the cat out of the bag:
“The BIS proposed two models for bringing tokenization into the monetary system: 1) Bring CBDCs, DTs and tokenized assets on to a common unified ledger, and 2) pursue incremental progress by creating interlinking systems.
They determined the latter option was more feasible given that the former requires a reimagination of financial systems. Experimentation with the unified ledger concept is ongoing.”
To interpret this into decoded language – The unified ledger is essentially another term for a one world digital currency system completely centralized and under the control of global banks like the BIS and IMF. The WEF and BIS are acknowledging the difficulty of introducing such a system without opposition, so, they are recommending incremental introduction using “interlinking systems” (attaching CBDCs to paper currencies and physical contracts and then slowly but surely dematerializing those assets and making digital the new norm). It’s the totalitarian tip-toe.
The BIS predicts there will be at least 9 major CBDCs in circulation by the year 2030; this is likely an understatement of the intended plan. Globalists have hinted in the past that they prefer total digitization by 2030.
A cashless society would be the end game for economic anonymity and freedom in trade. https://www.zerohedge.com/economics/cashless-society-wef-boasts-98-central-banks-are-adopting-cbdcs
Yes, the WEF wants all financial transactions to be digital. Yes, a cashless society ends “economic anonymity and freedom.” Such is also basically prophesied to come to pass in the Bible in Revelation 13:15-18.
Donald Trump has pledged to stop the USA from getting a CBDC as he also pointed out some issues with them:
Trump Vows to Stop Biden Bucks
May 28, 2024
This past weekend, Donald Trump spoke at the Libertarian Party’s national convention. …
Trump was cheered when he addressed a topic I’ve been talking about for over two years — central bank digital currencies (CBDCs), or as I call them, Biden Bucks.
Trump pledged that he would block the implementation of CBDCs if elected:
To protect Americans from government tyranny, as your president, I will never allow the creation of a central bank digital currency.
He warned that CBDCs were a “dangerous threat to freedom” and that they would give the government “absolute control” over money.
Whatever you think of Trump personally, he’s absolutely correct about CBDCs. I’ve extensively documented the threats they pose to your freedom and privacy. The federal government would be able to track every purchase you made and punish you if it didn’t approve of how you spent your money.
CBDCs are direct liabilities of a central bank. That means they own the money — you don’t. With that comes control. They basically give you permission to use that money, but permission can be subject to conditions.
And in case of recession, they could impose negative interest rates on your money in order to force you to spend money, which is supposed to stimulate the economy. https://dailyreckoning.com/trump-vows-to-stop-biden-bucks-2/
Donald Trump and others are aware of some of the risks and problems associated with CBDCs.
But neither he nor other actions by politicians in the USA will stop what is coming in Europe.
According to the Bible, Europe will end up with the ability to control and monitor buying and selling (Revelation 13:16-18).
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. 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. AND ACTUALLY, IF HE IS ELECTED, THIS MAY MOTIVATE THE EUROPEANS TO MOVE QUICKER TOWARDS THEIR PLANNED CBDC.
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.
It will take the coming Kingdom of God, not Donald Trump, to fix what is coming.
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.
 |
Tweet |
|