China is on the cusp of launching a digital currency that will give the communist regime total control over the Chinese people. MORE HERE. The move has huge implications for the rest of the world too, and CBN’s CEO Gordon Robertson says it’s setting us up for the fulfillment of End Times prophecy. Here’s his analysis as delivered on The 700 Club:
Have you ever wondered about the passage in the Bible about a government restricting the population so that you cannot buy or sell unless you have a particular mark? Well, China’s move toward a cashless society is the answer. This is where the entire world is literally being set up for that kind of government control.
The Chinese government is pushing ahead on many fronts to restrict what its population can and cannot do. They already restrict the right of assembly. They already restrict religious freedom. They certainly restrict political speech. And any speech that is critical of their government (and the way they run things) is definitely cracked down on.
All you have to do is look at what’s happened in Hong Kong over the past just two years and you get a very clear picture of where they’re going. But they want to control, and they’re doing it right now with social credit scoring where if you don’t score a particular way you’re not allowed to travel. That’s already in place.
But just imagine a government that if you step out of line they can now turn off all your money and do it instantly so you cannot buy or sell, you don’t have the right in the marketplace to participate anymore.
That’s what digital currency allows a government to do. And if you think it’s just going to happen in China think again. The Federal Reserve already has a study group looking at a digital currency for the United States. Why are they doing that? Because they’re afraid China will usurp the U.S. and become the world currency, that digital currency is taking over.
So you see all the action happening in the stock markets, the various markets for Bitcoin and other digital currencies, their rapid rise and people becoming overnight millionaires, billionaires based on the value of these digital currencies, and so the Federal Reserve wants to get in on that action to protect the U.S. Dollar as the world currency.
We depend on that right now. We’re spending ourselves into oblivion and what allows us to do that is that we have the world’s (reserve) currency. So we are essentially borrowing against the value of our currency in order to have a two trillion dollar deficit.
Well, that party has to come to an end at some point in time. China’s waiting for that party to end, and they want to step on the world stage with digital currency. Unfortunately, at the end of that, you and I will now be subject to a government that may not agree with your opinions, may not agree with your religion, may not agree with the people you hang out with, and they would absolutely restrict your access to that digital currency in an effort to control you.