From the Cutting Edge Ministries website: Rev 13:16-18 requires a cashless economy, a fact which has puzzled Bible Scholars for centuries, but now it is coming quickly. Bank bosses foresee the "death of cash".NEWS BRIEF: "Cash to become extinct as micro-chips take off", News.com.au, June 15, 2009
"CASH is accelerating down the path to extinction as new technologies threaten to mark the end of loose change within a decade. Bank and credit union bosses say cash won't be alone, with wallets and credit cards also likely to disappear too .... cash and cards will be replaced by computer chips embedded in mobile phones, watches or other portable devices."
Once people are conditioned thoroughly as to how convenient it is to "buy and sell" without cash using micro-chips embedded within "mobile phones, watches and other portable devices", they will quickly and easily accept micro-chips embedded within the skin, just as the Book of Revelation foretells.
After all, "mobile phones, watches or other portable devices" can easily be stolen! We believe this argument will be effectively used during the time when Antichrist and his False Prophet are preparing to implement his "Mark of the Beast" global ritual. What kind of time frame do these titans of industry expect the world to go completely cashless?
"Australian Central chief executive Peter Evers believes cash will be replaced for most transactions in five-to-seven years. 'Cash will disappear as there will be other forms of carrying cash, stored value in your phone or whatever it might be. It will transfer automatically', he said."
This phenomenon is also global.
"We're very close in countries around the world. If you go in to Hong Kong or Singapore, the low-value transactions have already disappeared. You can't go anywhere, like on public transport, without pre-purchasing a card. Banks general manager strategy and operations Chris Ward expects Australia to follow the offshore lead, with small cash transactions disappearing first. 'So you can't go and buy a bottle of water from the deli with cash; you've got to go and buy it with your chip', he said"
Small cash transactions have usually been considered to be the most problematic in terms of the entire world moving to a cashless system. After all, experts believe that paying cash to a young boy to mow your lawn will be the very last type of transaction to disappear. But, today's experts are telling us that it is this very type of transaction which is disappearing first!
Clearly, this prophecy of a cashless economy at the time of Antichrist is proceeding along the same general timelines of other prophecies.
Truly, we live in exciting times, as we are seeing the stage set for prophecy fulfillment all the time in our Daily News. Dedicated Christians of old longed to see this type of fulfillment, but passed away, not seeing it develop during their lifetime.
