‘Putin Signs Digital Ruble Law Making a CBDC Possible in Russia’


COGwriter

Russia officially took another step towards having its ruble a Central Bank Digital Currency (CBDC):

Putin Signs Digital Ruble Law Making a CBDC Possible in Russia

July 24, 2023

Russia’s president Vladimir Putin signed the digital ruble bill into law today, allowing the country’s central bank to issue its own digital currency.

The digital ruble, which the Bank of Russia has long been mulling over, will be used for payments along with other methods, according to the new amendments to Russia’s Civil Code. The digital ruble accounts will be managed by the central bank, the law says. The bill passed its third, final hearing on July 11 and had been waiting for the president to be signed.

Digital ruble is a CBDC project the Bank of Russia has been working on since 2020, when the Bank of Russia published its first analytical report on the topic … Now, as Russia is heavily sanctioned by the U.S. and Europe, the digital ruble might become one of the ways to circumnavigate the massive financial restrictions imposed on the country by the West. https://www.coindesk.com/policy/2023/07/24/putin-signed-digital-ruble-law-making-a-cbdc-possible-in-russia/

Much of the world has been looking at some type of CBDC, so it is logical that Russia, which also faces various financial and other sanctions, would as well.

That said, notice also the following concerns about CBDCs:

Programmability is a key feature of CBDC, where governments, banks, and their customers could have total control over when, where, and how your money is spent.

June 30, 2023

Governments can program Central Bank Digital Currencies (CBDCs) with expiry dates and to restrict undesirable purchases, according to a discussion at the World Economic Forum (WEF) “Summer Davos” meeting in China. … in Tianjing, China, Cornell University professor Eswar Prasad said that “we are at the cusp of physical currency essentially disappearing,” and that programmable CBDCs could take us to either a better or much darker place.

“If you think about the benefits of digital money, there are huge potential gains,” said Prasad, adding, “It’s not just about digital forms of digital currency; you can have programmability – units of central bank currency with expiry dates.”

“You could have […] a potentially better – or some people might say a darker world – where the government decides that units of central bank money can be used to purchase some things, but not other things that it deems less desirable like say ammunition, or drugs, or pornography, or something of the sort, and that is very powerful in terms of the use of a CBDC, and I think also extremely dangerous to central banks.” [Emphases added] …

“So, there are wonderful notions of things that can be done with digital money, but again I fear the technology could take us to a better place, but equally has the potential to take us to a pretty dark place.” …

Speaking at a high-level roundtable on CBDC in Washington, D.C., in October 2022, International Monetary Fund (IMF) deputy managing director and former People’s Bank of China (PBoC) deputy governor Bo Li said of CBDC programmability:

CBDC can allow government agencies and private sector players to program – to create smart contracts – to allow targeted policy functions. For example, welfare payment; for example, consumption coupons; for example, food stamps.” [Emphasis added]

“By programming CBDC, those money can be precisely targeted for what kind of people can own and what kind of use this money can be utilized,” he added.

So, while Lagarde says that central banks have no interest in programming CBDCs, central banks around the world are indeed exploring programmability, even if the central banks themselves are not the ones doing the actual programming. …

Programmability is a key feature of CBDC, where governments, banks, and their customers could have total control over when, where, and how your money is spent. https://www.lifesitenews.com/analysis/wef-elites-admit-potential-for-darker-world-where-cbdcs-could-be-govt-controlled/?utm_source=top_news&utm_campaign=usa

While there are some pluses with a digital currency, biblically we know that the darker side, the controlling of buying and selling, is coming.

Here is part of #13 of my list of 23 items to prophetically watch in 2023:

13. CBDC 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. …

While 2023 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 2023.

Russia’s move is consistent with the above.

Pushes towards digital currencies, totalitarian surveillance, digital passports, and travel restrictions are all consistent with the type of totalitarian controls that the prophesied Beast of Revelation will implement.

Related to CBDCs and 666 we recently put out the following video:

14:22

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.

Russia, clearly, is not the only nation going in the CBDC direction.

Are YOU paying attention? Things are changing and will not remain as they have.

Some items of possibly related interest may include:

Russia and Ukraine: Their Origins and Prophesied Future Russia in prophecy. Where do the Russians come from? What about those in the Ukraine? What is prophesied for Russia and its allies? What will they do to the Europeans that supported the Beast in the end? There is also a video sermon available: Russia in the Bible and in Prophecy as are two video sermonettes Russia, Ukraine, Babylonian Europe, and Prophecy and Ukraine in Prophecy?
Is Russia the King of the North? Some claim it is. But what does the Bible teach? Here is a link to a video, also titled Is Russia the King of the North?
When Will the Great Tribulation Begin? 2023, 2024, or 2025? 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: Can the Great Tribulation start in 2022 or 2023? Notice also: Can Jesus return in 2023 or 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”?
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 Greco-Roman Catholic Prophecies Is the ‘Great Monarch’ of Greco-Roman 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.
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?

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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