*Artist’s conception of Euro becoming digital (Pixabay)*

Notice the following from Charles Hugh Smith:

The Era of All-Powerful Central Banks Is Over
Central bank gaming of Finance is the source of instability.
The era of all-powerful central banks is over for a simple reason: they failed: they failed their citizens, their nations, and they failed the world. Their policies have pushed wealth and income inequality to extremes that have destabilized the planet’s social, political, economic and environmental spheres.
As I have endeavored to explain for many years, this is the only possible outcome of central bank dominance. 11/02/22 https://www.oftwominds.com/blognov22/CBs-over11-22.html

Well, central banks have a lot of political clout and do not accept their failures per se, they want more and more control.

Do not think they all are about to go away.

Consider the following from this past Summer:

ECB Says Cash “Not Fit” For Digital Economy, Dismisses CBDC Privacy Concerns
August 24, 2022
In the digital economy, cash is no longer a useful tool, and a central bank digital currency (CBDC) is the “only solution” to continue the existing monetary system, according to a new paper from the European Central Bank (ECB).

The eurozone’s central bank recently published a paper titled, “The Economics of Central Bank Digital Currency.” Authors assessed the implications for the financial system and examined data privacy and digital payments.
Researchers concluded that a CBDC, like a digital euro, would be the “only solution” to facilitate a “smooth continuation” of the present monetary system. Despite widespread concerns that CBDCs would limit the credit supply and function as a disruptive force in the financial markets, the paper rejected these concerns as being unfounded.
Digital money is critical in a digital economy, the ECB noted. Since “cash is losing its appeal as efficient means of payment,” a CBDC is a necessary tool to install. Although the research identified drawbacks of instituting a uniform digital monetary system, such as the sluggish pace of settlements, market developments, and adoption, the paper noted that “a digital update of cash” is crucial to advancing “the two-layer system of public and private money.”
Ultimately, cash possesses “large economic costs without clear benefits,” so “it is by construction not ‘fit’ for the digital age.”
Digital money might generate privacy concerns, authors warned. …
The paper also rejected cryptocurrencies and stablecoins, calling them a “threat to monetary sovereignty.” https://www.zerohedge.com/crypto/ecb-says-cash-not-fit-digital-economy-dismisses-cbdc-privacy-concerns

Here are some excerpts from the ECB paper:

We argue that public digital money in form of a CBDC could replace banknotes as the monetary anchor of today’s two‐layer monetary system and help retaining monetary sovereignty if global stablecoins became widely used. …

Bindseil (2020) notes that in a negative interest rate environment demand for CBDC would be potentially unlimited if it were remunerated at a zero interest rate. At the same time, a CBDC carrying a negative interest rate might face adoption obstacles as users would perceive cash as a less costly means of payment. …

Since cash is only available in physical form, it is by construction not “fit” for the digital age. https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2713~91ddff9e7c.en.pdf?79062191677f6bb6f617909e6a7a9ba8%C3%A4 accessed 08/24/22

The ECB wants to increase its influence and control of finance.

According to the Bible (cf. Revelation 13:1-18), a coming European beast 666 power will control buying and selling.

Notice a report about a digital Euro:

Digital euro: new details emerge on how to limit CBDC holdings
11 August 2022
The President of the Deutsche Bundesbank, Dr. Joachim Nagel, shared new details about plans for a digital euro during a July speech. While he covered the usual motivations and risks of a central bank digital currency (CBDC), he added some detail on how holdings of digital euros might be limited.
In the past, there has been a reference to imposing a hard cap on holdings of around €3,000. And in a June speech, European Central Bank (ECB) board member Fabio Panetta shared the current analysis of limiting the total digital euros to between one and 1.5 trillion, equivalent to €3,000 to €4,000 per person.
Nagel confirmed that for individuals, there would likely be a hard cap limit. If someone sends you money that puts you over the limit, rejecting the payment wouldn’t be very user-friendly. https://www.ledgerinsights.com/digital-euro-new-details-emerge-on-how-to-limit-cbdc-holdings/

The coming 666 European Beast power will take steps to shoot for eliminating 100% of cash if possible. As far as when, probably by 2028. And that currency could be in place BEFORE the European Beast power rises up. And yes, some type of central bank will be involved

It may be a version of the Euro or it will be more of a global currency.

Moves towards cashlessness was number 13 of 22 items to prophetically watch in 2022:

13. Cash and 666 …
Notice the following prophecy:
16 He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.
18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666. (Revelation 13:16-18)
It will be a European power that will fulfill the above prophecy of 666 (watch Can You Prove that the Beast to Come is European?).
It will likely take computers aided with artificial intelligence to aid in the fulfillment of the scriptures in Revelation 13:15-18, as well as cyber-spying/monitoring. I do believe that cyber monitoring will be used by the European Beast, King of the North, 666 power.
We are seeing a move to digital/electronic money (watch Blockchain, Karl Guttenberg, and 666 and Sweden going to ‘666’ cashlessness?). Knowledge of financial transactions is greatly increasing.
This type of financial surveillance could not have happened during the time of the Apostle John as there was no real way to monitor many financial transactions then (despite the fact that ‘preterists’ believe this was fulfilled almost 2000 years ago, see also The Dangerous Rise of Preterists). The same was true for all the centuries that followed until the late 20th and now the 21st century. But now not only does the technology exist to monitor most financial transactions, the political will is there as well.
Furthermore, Europe is trying to set itself up as the “sheriff” of cryptocurrencies:
December 13, 2021
Let’s tune into some surprisingly hands-off regulatory proposals in the EU in the crypto space …
Surprising Twist for Crypto Regulation in the EU
Eurointelligence wrote about the Surprising Twist for Crypto on December 3.
Decentralised finance happens to be one of the few high tech areas where the EU is doing quite well. Last week the Council adopted its position on proposed crypto market regulations for Defi products. They are very industry-friendly.
The proposed regulations are the most important to date for the European crypto industry because they establish rules for issuers, or the developers and companies behind tokens, as well as crypto-asset services providers, or exchanges and custodians.
Happily for the EU industry, the new regulations do not apply to non-fungible tokens, NFTS. Nor do they apply to utility tokens, meaning any crypto asset that provides access to a good or service provided by the issuer. Crypto-assets that are offered for free, airdrops, are also exempt. Crypto assets automatically created as a reward for maintaining the blockchain on which they operate are also unregulated.
It’s a different story for stablecoins. The EU remains attached to the idea of launching its own central bank digital currency. Whether pegged to a fiat currency or basket of currency or assets, any form of stablecoin will be under strict regulation including a ban on earning interest, and a requirement for all issuers to be granted permission by the relevant national authority.
Fully decentralised exchanges are not subject to these rules, most likely because, as we’ve been arguing, it would be impossible to enforce them.
In another pleasant surprise for the industry, self-custody software and hardware wallets do not fall under the new regulations either. Earlier announcements that the EU planned to ban anonymous wallets appear to have been premature: there seems to be a growing recognition in the EU of what is and is not possible in Defi and crypto.
Belgian Politics Synopsis
Please consider the Most Important Piece of Regulation on Cryptocurrencies
The most important piece of regulation on cryptocurrencies in the world thus far has arrived: I read through all 405 pages of the “Proposal for EU Regulation on Markets in Crypto-Assets” so you don’t have to. …
These crypto-assets face some regulation. The Regulation describes very detailed rules on the contents of white papers and also establishes rules on marketing communications. This is bad news for scams with poorly written, undetailed white papers and those using misleading forms of marketing. The European Securities and Markets Authority (ESMA) will most likely establish templates and standards for white papers in the crypto-industry (see Regulation Title II for further details).
Link to follow-up on the Ordinary Legislative Procedure: https://eur-lex.europa.eu/legal-content/EN/HIS/?uri=CELEX:52020PC0593
Link to the proposed EU Regulation on Markets in Crypto-Assets: https://www.consilium.europa.eu/media/53105/st14067-en21.pdf
Link to the “Brussels Effect”: https://en.wikipedia.org/wiki/Brussels_effect
Blogs, crypto journalists (you know who you are), etc. are all free to use the info in this post. No need to credit me. I just want people to be informed.
Belgian Politics Overall Assessment
I am pleasantly surprised. While some of you want nothing to do with regulation, which I respect, this seems very reasonable and a step in the right direction.
Cryptocurrency will still be the ‘Wild West of Finance’; but now there will be a new Sheriff in town. And that Sheriff, is the European Union. It does no longer tolerate unregulated stablecoins; it does no longer tolerate shady projects with no utility, crappy white papers, and misleading marketing; and it sure as hell does no longer tolerate unprofessional exchanges who screw EU citizens out of their money. But it does like innovation and it will try not to hinder development in the cryptocurrency and blockchain space because they have made similar mistakes before in other industries.
This text has clearly been written by highly knowledge civil servants and has been endorsed by EU Ministers of Finance with a more open approach to blockchain and cryptocurrencies than their non-EU counterparts. The EU made the mistake of allowing the US/Asia to dominate the tech industry. They do not want to repeat that mistake with the cryptocurrency space. https://www.zerohedge.com/crypto/eu-well-ahead-us-crypto-support-and-regulation
So, we see a claim that Europe will be the dominant force in cryptocurrency.
While 2022 will not see a cashless world, expect to see more movements towards monitorable payments.
The fall of the US dollar and the trend towards digital money will concern many.

The era of central banks is NOT over.

As far as Europe’s digital plans go, back in January 2022, the Continuing Church of God (CCOG) put out the following video on our Bible News Prophecy YouTube channel:

EU to be ‘Sheriff’ of BitCoin & Digital Currencies
Will Bitcoin remain unregulated? The European Union does not think it should be and it released a paper titled “Proposal for EU Regulation on Markets in Crypto-Assets.” Christine Lagarde, president of the European Central Bank, earlier endorsed EU regulation of crypto and digital currencies. A Belgian declared that the EU was the “new Sheriff in town” to deal with the “wild west” of Bitcoin, blockchain, and other cryptocurrencies. The European Union now also has the European Public Prosecutor’s Office in operation, mainly to deal with financial matters? Will the Europeans end up controlling buying and selling associated with 666 in Revelation 13:16-18? Is Europe taking preliminary steps to do so now? Dr. Thiel address these issues.

Here is a link to our video: EU to be ‘Sheriff’ of BitCoin & Digital Currencies.

The European Public Prosecutor’s Office officially started operations on 1 June 2021 (https://www.eppo.europa.eu/en/background).

So, yes, there is an enforcer for 666.

A few years back, my wife Joyce and I visited Sweden, which is almost cashless. We put together a video about its moves towards cashlessness on our Bible News Prophecy YouTube channel: Sweden going to ‘666’ cashlessness?

The world in general, as well as Europe in particular, is moving more towards a cashless society.

Yes, more digital currency use is coming.

The Bible prophesies that totalitarian financial controls are coming to Europe:

16 He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.
18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666. (Revelation 13:11-18)

The type of controls prophesied in Revelation 13:16-18 were something that was not possible when Jesus had the Apostle John pen the above. But it is possible now with digital technology.

The first writing that have been found that suggests that a Roman, or Roman empire, is 666 was by Irenaeus, who claimed to have listened to Polycarp when he (Irenaeus) was a young man. Irenaeus wrote:

Then also Lateinos (LATEINOS) has the number six hundred and sixty-six; and it is a very probable [solution], this being the name of the last kingdom [of the four seen by Daniel]. For the Latins are they who at present bear rule: (Irenaeus. Adversus haereses, Book V, Chapter 30, Verse 3. Excerpted from Ante-Nicene Fathers, Volume 1. Edited by Alexander Roberts & James Donaldson. American Edition, 1885).

The ancient Roman Empire basically controlled Europe. 666 is a European power.

The New Testament was written in Greek, and John penned the Book of Revelation on the Greek speaking island of Patmos (Revelation 1:9). They still speak Greek there (my wife Joyce and I once visited Patmos). Anyway, adding up the values of the Greek letters for the word Lateinos brings you to 666:

L = 30lambda
A = 1alpha
T = 300tau
E = 5epsilon
I = 10iota
N = 50nu
O = 70omicron
S = 200sigma
——–
666

This is consistent with what the old WCG taught:

In the 2nd century A.D., Irenaeus, disciple of Polycarp, the Apostle John’s disciple, explained that in Greek the word Lateinos — meaning “Latin man” or Roman — adds up to 666. (L = 30; A = 1; T = 300; E = 5; I = 10; N = 50; 0 = 70; S = 200) This, he stated, was the, intent of the scripture.
The number 666 is thus anciently branded on the old Roman Empire and its revivals. (Stump KW. Just What Do You Mean… ANTICHRIST? Plain Truth, September 1981)

Specifically 666 is the number of the first beast in Revelation 13 as distinguished from the Antichrist, who is the second, the two-horned beast, in the same chapter. And as Revelation 13 shows, the two-horned beast works with, and promotes, the seven-headed (and ten-horned) first beast in that chapter. While some have tried to state that the number is actually 616 and not 666:

the earliest extant Greek manuscripts of Revelation visually represented the number 666 either in longhand number- words (hexakosioi hexÄ“konta hex), or in alphabetic shorthand (Ï‡Î¾Ï›). (Winkl RE. Recalculating the Number of the Beast in Revelation 13:18. 2019 SBL INTERNATIONAL MEETING ABSTRACTS, July 2, 2019)

Yes, the number is 666. A number of imperfect humankind–whose end-time manifestation will be a totalitarian power that will control finance.

That said, please understand that the leader of the ten-horned Beast of Revelation 13:1-10 (see Europa, the Beast, and the Book of Revelation) and the one called 666 in Revelation 13:10 is also the one who is the final King of the North. He is also called the ‘man of sin’ in 2 Thessalonians 2 (see also Who is the Man of Sin of 2 Thessalonians 2?). He will arise fairly soon.

The surveilling time of controlling buying and selling-666-is coming.

The Continuing Church of God (CCOG) also put together the following video related to digital currencies on our Bible News Prophecy YouTube channel, of which the audio portion was sent for broadcast on the European Gospel Radio station AM 1323 kHz last month:

Cashlessness and 1984
The government of Belgium is in the process of ordering small businesses to accept credit cards. In Sweden more and more cashless transactions are occurring. The European Central Bank as well as the government of the United States is working on developing Central Bank Digital Currencies (CBDCs). Could this be used for ‘1984’ type monitoring? Is something like this needed for ‘666’ control of buying and selling as warned in the Book of Revelation? Does the European Union now have a unit that could do ‘666’ monitoring? What about the use of gold? Steve Dupuie asks Dr. Thiel various questions related to these topics.

Here is a link to our video: Cashlessness and 1984.

Are you paying attention to what is going on in the world?

Steps towards ‘666’ are clearly happening.

The era of central banks is not over.

The 666 prophecies will be fulfilled.

Probably by 2028.

Article with written related items and videos: 666 disputes claim ‘The Era of All-Powerful Central Banks Is Over’

Click here for current news and analysis as well as literature in over 120 languages.

RELATED ITEMS:

What is the 'Mark of the Antichrist'?

What is the 'Mark of the Beast'?

Can You Prove that the Beast to Come is European?