Prophecy Update #595 – Buddy, You Can’t Spare a Dime

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

We are futurists. We interpret the unfulfilled prophetic portions of the Book of the Revelation and the Book of Daniel, and all other unfulfilled prophecies, as yet future events in a literal, physical, apocalyptic, and global context.

In the Revelation of Jesus Christ, the apostle John predicted that during the Great Tribulation there would be a true global economy. Citizens will participate in it by buying and selling by means of some ‘mark’ on their hand or forehead.

We’ve reported on the rapid progress of biometric technology that could make such a system doable.

With such a system, cash would be eliminated. Thus you’d expect a trend in countries to eliminate cash… And that is exactly what is happening.

I read an article titled, UAE ‘very close’ to becoming a cashless society; Dubai could see $2.2bn uptick in the economy by adopting more cashless facilities, say experts.

Excerpts:

Multiple government initiatives in the UAE have led to a sharp increase in digital transactions.

“There’s a lot of momentum at the moment and I think that’s what’s important,” Shahebaz Khan, GM for UAE at Visa told the forum.

“The UAE has a young, dynamic population and we are very quick at adopting new things. There is a huge penetration of mobile phone devices. The government is extremely supportive. Earlier this year we had a week where the government organizations decided that they were not going to accept cash at the counters, and that led to people going online to carry out transactions.”

Khan said the UAE has an advantage its move towards cashless as consumers are quick to adopt new tech and merchants are equally adept at making the infrastructure available.

https://www.arabianbusiness.com/banking-finance/431706-uae-very-close-to-becoming-cashless-society

Another article stated, “Countries like Denmark and Norway top the adoption of cashless payments, but the clear Scandinavian leader in becoming the first cashless country is Sweden. Swedes have taken to cashless payment wholeheartedly. If you visit Sweden, be sure to take your credit card or mobile phone with you. Only 15% of payments involve cash transactions, and it’s rare that a person will be limited to paying with cash. A popular mobile payment app, Swish, used by half of the country’s 10 million population, enables payment transfers to people and businesses. Sometimes it’s even difficult to use cash in Sweden.

Another article says China, the UK, and South Korea are soon going cashless.

It is as expected from reading your Bible.

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.

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