We focus on Bible prophecy each week for about five-minutes, calling it a “Prophecy Update.”
We’re living in the Last Days. It’s currently the Church Age – an age of grace and the sharing of the Gospel. It will be followed by what is prophesied in many Bible passages, but especially described in chapters 6-22 in the Revelation of Jesus Christ. I’m talking about the future seven-year Great Tribulation.
In the middle of those years, the world leader we most commonly call the antichrist will assume complete control over his citizens. No one will be able to buy or sell, or conduct any business, without swearing allegiance to him.
From what is prophesied, we have long expected there will be a cashless, global economy. Thus we should see the governments of the world trending towards restricting cash in favor of electronic transactions.
Greece is more than trending. I read an article titled, Greeks set to face heavy fines if they don’t spend 30% of their income electronically.
Excerpts:
Greeks will be hit with a hefty fine if they do not spend almost a third of their income electronically in an unprecedented bid by the new government to stamp out rampant tax evasion.
The government expects to raise more than €500 million ($808 million) every year from the initiative that will force Greeks to spend 30% of their income electronically, Alex Patelis, the prime minister’s chief economic adviser, revealed.
Individuals that fail to meet the target will be hit with a 22% fine on the shortfall. Therefore, if an individual spends just 20% of their income through electronic means, they would face a 22% tax on the remaining 10%.
If a Greek earned €1,000 per month and only paid 15% of their income electronically, they would pay a fine of around €400 every year, for example.
Greeks can use debit cards, credit cards, bank transfers and e-commerce for the electronic transactions.https://www.smh.com.au/business/markets/greeks-set-to-face-heavy-fines-if-they-don-t-spend-30-per-cent-of-their-income-electronically-20191209-p53i14.html
Greece is forcing its citizens to go cashless. Other countries, like Sweden, are headed that way through more cooperative methods. I quote: “About 80% of Swedes use a card to pay for purchases. Digital payments via card or apps are so widely accepted that many Swedes no longer carry cash. Even children pay with debit cards.”
China… the UK… South Korea… Are headed cashless. In South Korea, cash accounted for only 20% of all transactions. There is a lot of speculation about which country will be the first to go entirely cashless.
Here in the greatest nation on earth, according to one economist,
“… data does signal that a ‘less cash’ society is emerging and that an entirely cashless society is unlikely any time soon – especially when 70% of Americans still report using cash on a weekly basis. But 50%, 60%, or 70% cashless is certainly conceivable, and we are already there in a number of markets around the country. I predict that the tipping point will come as younger, tech-savvy generations integrate their own digital payment habits into their own businesses in the future. This, coupled with concerted efforts to build bridges across the banking and digital divides, will enable a big shift toward 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!