The mark is explicitly associated with the worship of the beast and the rejection of the Lord Jesus in Revelation 13. We are not told exactly what the mark is, other than that it is associated with the beast's name or number, as that which signifies who he is and what he stands for. It is a technique of forcing the world to submit to him as the supreme ruler who opposes God.
The global economic system that we are witnessing today will surely be the tool he will employ to promote his worship and rule. It appears evident that everything we are witnessing today in terms of electronic improvements (the merger of firms into larger and larger conglomerates into massive multinational systems, etc.) will pave the way for this end-time world order. However, even this does not constitute the beast's system.
Thus, the two things—electronic innovation and multinational commercial development—will just be vehicles for Satan to employ. They are not evil in and of themselves. Satan is the master distorter and perverter. He attempts to manipulate whatever might benefit man, such as global trade, for his own malicious schemes and objectives.
Nationalism, as opposed to internationalism, is the biblical model for today, but only as a precaution against the Tower of Babel attitude. Internationalism facilitates the rise and unrestricted power of tyrants. International trade can benefit humanity, but Satan will distort it to his advantage—materialism, a one-world system, and, finally, a one-world dictator.
The participants announced on Tuesday that they would begin a 12-week digital dollar trial with the Federal Reserve Bank of New York.
According to a release, Citigroup Inc, HSBC Holdings Plc, Mastercard Inc, and Wells Fargo & Co are among the financial firms taking part in the trial with the New York Fed's innovation center. According to the New York Fed, the regulated liability network initiative will be carried out in a test environment using simulated data.
The trial will see how banks can assist speed up payments by utilizing digital dollar tokens in a shared database. Michelle Neal, head of the New York Fed's market division, said earlier this month that the use of a central bank digital dollar to speed up settlement time in currency markets has potential.
On Tuesday, the regional Federal Reserve bank and almost a dozen financial institutions launched the plan. The effort was described as a "proof-of-concept study" in which the banks would collaborate with the Fed's New York Innovation Center to generate digital money reflecting their own client deposits and settle them using simulated Fed reserves on a distributed ledger.
According to the press release, "the [project] will also examine the feasibility of a programmable digital money architecture that is potentially expandable to other digital assets, as well as the practicality of the proposed system within current laws and regulations."
The announcement comes at a time when bitcoin and blockchain technologies have risen to prominence in the mainstream financial sector. While the flagship cryptocurrency bitcoin peaked a year ago and has since plummeted, the technology behind such tokens has piqued the curiosity of not just private financial institutions but also central banks throughout the world.
The Fed took a first step toward considering the deployment of a central bank digital currency in January, when it issued its much-anticipated discussion paper and launched a four-month public comment period to solicit feedback.
According to the study, a CBDC could expedite cross-border transfers and further codify and protect the dollar's worldwide supremacy, including as the world's reserve currency.
The results of the new pilot project will be released after the 12-week test period ends, and the Fed has stated that the experiment is not intended to advance any specific policy outcome or to imply that the Fed intends to make any major decisions about a central bank digital currency in the near future.
Nonetheless, the effort is expected to thrill supporters of a digital dollar since it demonstrates that the central bank is interested in the notion enough to collaborate with commercial banks and conduct feasibility testing. Nonetheless, skeptics have argued that a government-maintained digital money might lead to a loss of privacy.
"As money and banking develop, the NYIC looks forward to engaging with members of the banking industry to promote research on asset tokenization and the future of financial market infrastructures in the United States," said Per von Zelowitz, director of the New York Innovation Center.
CBDCs Is a Major Red Flag, Compulsory Use of a CBDC, Like a Digital Dollar for Example, Would Give Central Planners Complete Oversight and Control Over Your Finances, Tribulation Coming
A new global currency just launched, but 99 percent of the global population has no idea what just happened. The “Universal Monetary Unit”, also known as “Unicoin“, is an “international central bank digital currency” that has been designed to work in conjunction with all existing national currencies. This should set off alarm bells for all of us, because the widespread adoption of a new “global currency” would be a giant step forward for the globalist agenda. The IMF did not create this new currency, but it was unveiled at a major IMF gathering earlier this week… The Bank for International Settlements (BIS), which is often described as the central bank of central banks, is working on a new global central bank digital currency (CBDC) that could become the new one-world digital currency. The plan, dubbed “Project Icebreaker,” entails coordinating all of…
Watchman: [It’s] Going to Be One of the Worse Disasters That People Have Ever Seen,” the Digital Dollar Is Going to Happen—Tribulation Warp Speed, Get Ready Every Thing Will Change!
HNewsWire- As a bombardment of Western sanctions wreak havoc on Russia’s economy, some are considering new methods to avoid future US economic restrictions. According to Lewis McLellan, the digital editor of the Official Monetary and Financial Institutions Forum’s (OMFIF) Digital Monetary Institute, one possible weapon for defanging future penalties is central bank digital currency (CBDC) networks: Across Asia, networks of cross-border central bank digital currencies are being developed (like the mCBDC Bridge, which involves Thailand, Hong Kong, China and the United Arab Emirates). Russia’s central bank is developing a digital rouble, and Governor Elvira Nabiullina has indicated interest in the currency’s potential for enabling cross-border transfers, notably with China. A large and unexpected new shift might soon affect the fortunes of thousands, while leaving the majority of people less off than they were before. Additional Information Additionally, the digital yuan……...
“We are going to go from ‘Dirty Cash to Digital Trash,’ which is also the title of the current Trends Journal. They’ve got people freaked out. They are going to give us digital trash. That’s what they are doing. They are going to get rid of the currencies that you have.” THE MARK OF THE BEAST… House Stimulus Bill Creates “Digital Dollar” To Send Virus-Aid To The ‘Unbanked’, Coronavirus represents the “perfect storm” for unveiling the antichrist. Update (3/24/2020): Coindesk’s Nikhilish De reports that mentions of a “digital dollar” in a coronavirus-related relief bill before the U.S. House of Representatives have been scrubbed. House Democrats’ latest version of the “Take Responsibility for Workers and Families Act,” revealed late Monday, does not contain any language around a “digital dollar” in its section on direct stimulus payments. As CoinTelegraph’s Kollen Post detailed earlier, amid contentious debate over the massive…
Congress Considered the Idea of a Digital Dollar When Debating the Cares Act the Third COVID-19 Relief Package
I SRH endure solidly anti-Vaccine, and pro-God’s pure immune system The GMO vax is not for covid19 The added gene is the IBAN code of your DNA ID! :))) Welcome to NWO blockchain money. DAVOS, Switzerland — A growing number of voices are calling for the U.S. to issue a “digital dollar” as China continues to work on a digital version of its own currency. Users of the U.S. dollar are “underserved by an analogue currency in a digital world,” Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), said during an event in Davos. “I think it’s very much worth considering,” Neha Narula, director of the Digital Currency Initiative at the Massachusetts Institute of Technology (MIT), told CNBC at Davos. The comments come as China is working on a digital yuan which some experts believe could come this year. Why…
Update:The Beast Is Coming Alive–Congress to Hold Hearing on ‘Digital Dollar’ Options for Possible Future Stimulus Payments
“We are going to go from ‘Dirty Cash to Digital Trash,’ which is also the title of the current Trends Journal. They’ve got people freaked out. They are going to give us digital trash. That’s what they are doing. They are going to get rid of the currencies that you have.” THE MARK OF THE BEAST… The Thieves at Gofundme Are Thriving, Just Like Some Major Financial Institutions, Thievery Is a Way of Life, It’s How You Can Steal Other People’s Money Honestly That Counts in Today’s Ungodly Society House Stimulus Bill Creates “Digital Dollar” To Send Virus-Aid To The ‘Unbanked’, Coronavirus represents the “perfect storm” for unveiling the antichrist. Update (3/24/2020): Coindesk’s Nikhilish De reports that mentions of a “digital dollar” in a coronavirus-related relief bill before the U.S. House of Representatives have been scrubbed. House Democrats’ latest version of the “Take Responsibility for Workers and…
SRH: “We are going to go from ‘Dirty Cash to Digital Trash,’ which is also the title of the current Trends Journal. They’ve got people freaked out. They are going to give us digital trash. That’s what they are doing. They are going to get rid of the currencies that you have.” THE MARK OF THE BEAST…
House Stimulus Bill Creates “Digital Dollar” To Send Virus-Aid To The ‘Unbanked’, Coronavirus represents the “perfect storm” for unveiling the antichrist.