Prophecy Update #577 – Bank Of Cashless

We focus on Bible prophecy each week for about five-minutes, calling it a “Prophecy Update.”

One reason we do it is that we’ve seen certain End Times prophecies literally fulfilled. One writer reminds us,

The most prominent sign of the end times… is the nation of Israel. In 1948, Israel was recognized as a sovereign state, essentially for the first time since AD 70. God promised Abraham that his posterity would have Canaan as “an everlasting possession,” and Ezekiel prophesied a physical and spiritual resuscitation of Israel.

There are approximately 500 prophecies of the End Times that are awaiting fulfillment. Jesus encouraged His followers to know the signs of the times. We should therefore be able to see things trending in the direction of those unfulfilled prophecies.

We’re not saying the things we report are the fulfillment – only that they are things to be expected.

Reading through the Revelation, you see that in the future Great Tribulation there will be a cashless, global economy. People on the earth will transact all business via what is called a “mark” on their hands or forehead. This cashless system later gets taken over by the man most commonly called the Antichrist.

You’d therefore expect to see trends in cashless transactions. And you do.

Yahoo financial news posted a story titled, Bank of America CEO: ‘We want a cashless society.’

Excerpts:

Bank of America CEO Brian Moynihan embraced the digital money movement on Wednesday, saying his firm has “more to gain than anybody” from the booming trend of non-cash transactions.

“We want a cashless society,” Moynihan, who heads up the second largest U.S. bank, told attendees at Fortune’s Brainstorm Finance conference.

He pointed out that more than half of all money transactions are already processed electronically, with the rise of cryptocurrencies, and payment systems like PayPal, Zelle, and digital wallets.

… the combination of cryptocurrencies, cashless payments, and electronic wallets like Google Pay and Apple Pay are slowly eroding the need for hard currency. In particular, consumers have adopted mobile banking more widely, and use debit cards with increasing regularity.

Businesses, and even entire countries like Sweden, have also jumped on the movement, disrupting the hard currency that’s underpinned the modern economy.

https://finance.yahoo.com/news/bank-of-america-brian-moynihan-cashless-society-210717673.html

Jesus promised He’d return to rapture His church – which entails the resurrection of the dead in Christ of the Church Age, then the translation from earth to Heaven of all living believers.

It is presented in the Bible as an imminent (any-moment) event.

Then comes the seven-year great tribulation; then comes the second coming of Jesus Christ; then comes the 1000 year kingdom on earth; then comes the final judgment of all mankind; then comes eternity – with the Lord in Heaven, or without Him in conscious torment in the Lake of Fire.

Are you ready for the rapture? If not, get ready, stay ready, and keep looking up. Ready or not, Jesus is coming!