UK Prepares to Introduce a ‘Digital Pound’ Central Bank Digital Currency – Cashless Society

The de facto head of His Majesty’s Treasury announced this week that the Bank of England has begun consultations on implementing a Central Bank Digital Currency (CBDC) that could usher in the globalist vision of a cashless society in which all transactions are traceable by the government… Hunt, an anti-Brexit, pro-China figure resurrected from the David Cameron era, said in a written statement to Parliament that the government will begin “bringing forward a consultation in the coming weeks to explore the case for a central bank digital currency – a sovereign digital pound – and consult on a potential design. “The Bank of England will also release a Technology Working Paper setting out cutting-edge technology considerations informing the potential build of a digital pound,” he added. In contrast to Bitcoin, which functions on a decentralised basis in which no single person can control its functions, ownership, or value, a CBDC would be similar to traditional fiat currency issued by a central bank, such as the Bank of England, and therefore could suffer from the same inflation issues if the central bank decided to issue more of it — like printing cash. Should a CBDC replace hard currency altogether, the government would be able to track every purchase or transaction made by the public.” – Source.

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Nigeria heading to Cashless Society

Nigeria has imposed limits on cash withdrawals in a move to push consumers towards alternatives, including its own Central Bank Digital Currency (CBDC), the eNaira. In a letter to banks and other financial institutions published on Tuesday, the Central Bank of Nigeria (CBN) applied new limits on over-the-counter withdrawals at just ₦100,000 ($225) per week for individuals and ₦500,000 ($1,123) for businesses. Taking cash out of ATMs will be capped at ₦20,000 ($45) per day, with only ₦200 ($0.45) notes and smaller denominations being available from the machines. Customers will still be able to take out larger sums in some instances but will have to pay processing fees of between 5% and 10%. The move was justified in the letter as being in line with “the Cashless policy of the CBN.” The central bank’s director of Banking Supervision Haruna B. Mustafa wrote that customers “should be encouraged to use alternative channels (internet banking, mobile banking apps, USSD cards/POS, eNaira, etc.) to conduct their banking transactions.” – Source.

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Digital Dollar Are Now Here

Digital dollars are now here, and the Centralized Bank of  New York, the nation’s financial center, is pushing for it as a soothing tactic for people who may have lost their fortunes in crypto dollars. A group of major banks and the Federal Reserve Bank of New York have started to test the use of digital tokens representing digital dollars to improve how central bank money is settled between institutions. Citigroup (C), HSBC (HSBC), BNY Mellon (BK) and Wells Fargo (WFC) are among the banks taking part, along with payments giant Mastercard (MA), the New York Fed announced Tuesday. “The 12-week proof-of-concept pilot program will explore the use of a platform known as the regulated liability network, or RLN, whereby banks issue tokens that represent customers’ deposits that are settled on a central bank reserve on a shared distributed ledger,” Coin Desk reported on Wednesday… While the initial work will focus on simulating digital money issued by regulated institutions in US dollars, the concept could be extended to multicurrency operations and stablecoins, which are typically backed one-to-one by another asset such as the dollar or euro.” – Source.

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Pope Francis instructs Vatican entities to move all funds to Vatican bank by Sept. 30

Rome Newsroom, Aug 23, 2022 / 05:51 am (CNA). Pope Francis has ordered that the Holy See and connected entities move all financial assets to the Institute for Works of Religion (IOR), commonly known as the Vatican bank. The pope’s rescript, issued Aug. 23, clarifies the interpretation of a paragraph in the new constitution of the Roman Curia, Praedicate Evangelium, promulgated in March. According to Francis’ rescript, financial and liquid assets held in banks other than the IOR must be moved to the Vatican bank within 30 days of Sept. 1, 2022. The IOR, based in Vatican City State, has 110 employees and 14,519 clients. As of 2021, it looked after 5.2 billion euros ($5.6 billion) of client assets. Though commonly called a “bank,” the IOR is technically a financial institute, with no branches, working within Vatican City State to provide services to clients, which include the Holy See and connected entities, religious orders, clergy, Catholic institutions, and Holy See employees… The decree will force Holy See institutions, including the Secretariat of State, to move their financial assets to the IOR by the end of September. The Secretariat of State is known to have had accounts in Swiss financial institutions, including Credit Suisse, through which the controversial London building investment was initially carried out.” – SOURCE.

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Survey: Americans using less cash, foresee a ‘cashless’ future – Change for the worse

Fewer Americans are using cash for purchases than five years ago and two-thirds foresee a cashless future in their lifetimes, according to a new Gallup poll released Thursday. Gallup reported Thursday that 13% of adults say they use cash for most purchases — down from 28% five years ago. The poll found that 64% of Americans believe the nation will be a cashless society in their lifetimes. And for more Americans, that evolution would be a “change for the worse” rather than a change for the better. Gallup said the increased popularity of mobile payment apps seems poised to accelerate the transition.” – SOURCE

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Cashless Society: Digital Dollar Is Coming

Looking forward, rapid changes are taking place in the global monetary system that may affect the international role of the dollar in the future. Most major economies already have or are in the process of developing instant, 24/7 payments,” Powell said. “As the Fed’s white paper on this topic notes, a U.S. CBDC could also potentially help maintain the dollar’s international standing… The Fed recently wrapped up its four-month consultation with the public about a digital dollar. “As we consider feedback … we will be thinking not just about the current state of the world, but also how the global financial system might evolve over the next 5 to 10 years,” according to Powell. The U.S. is a step behind on CBDCs, with ten countries having already launched their own versions and another 15 in pilot stages, according to the Atlantic Council’s Central Bank Digital Currency Tracker. “105 countries, representing over 95 percent of global GDP, are exploring a CBDC,” the tracker said. “In May 2020, only 35 countries were considering a CBDC. A new high of 50 countries are in an advanced phase of exploration (development, pilot, or launch).” – SOURCE (Related Video)

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“If we can vaccinate the world, we can beat the climate crisis” Prophecy News Updates – 6/11/21

Although we don’t know the day and hour of Jesus’ coming yet we can definitely know the seasons. (Matthew 24:36; 1 Thes 5: 1-2) The “kings of the earth” (world leaders) and the “merchants of the earth” (great and power elite men) are all joined hands with Vatican in deceiving the world. We are now seeing how slowly but surely the covid planned-demic and climate change agenda will have their part in prophetic end-time events that will ultimately lead to the enforcement of the mark. Let us prepare to stand in the great day of God.

If we can vaccinate the world, we can beat the climate crisis

“The IMF has highlighted the economic benefits of global vaccines, which would be huge. But there is another powerful reason for a worldwide campaign. Vaccinating the world will be crucial if countries are going to act together to confront the climate crisis, which will require many of the same things as delivering vaccines: resources, innovation, ingenuity and a true partnership between rich and developing countries. The Cop26 climate conference in November will be an opportune moment for building this partnership. “

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“Pope: May the Ignatian Year help us see all things new in Christ” Prophecy News Updates – 5/28/21

Notice this blasphemous claim of Pope: “The Pope is not only the representative of Jesus Christ, he is Jesus Christ himself, hidden under the veil of flesh.” Catholic National July 1895.]

Then notice the Jesuit Oath here: “I furthermore promise and declare that I will, when opportunity present, make and wage relentless war, secretly or openly, against all heretics, Protestants and Liberals, as I am directed to do, to extirpate and exterminate them from the face of the whole earth; and that I will spare neither age, sex or condition; and that I will hang, waste, boil, flay, strangle and bury alive these infamous heretics, rip up the stomachs and wombs of their women and crush their infants’ heads against the walls, in order to annihilate forever their execrable race. That when the same cannot be done openly, I will secretly use the poisoned cup, the strangulating cord, the steel of the poniard or the leaden bullet, regardless of the honor, rank, dignity, or authority of the person or persons, whatever may be their condition in life, either public or private, as I at any time may be directed so to do by any agent of the Pope or Superior of the Brotherhood of the Holy Faith, of the Society of Jesus.”

Then read below headline where the pope offers a blessing to celebrate the Ignatian year from May 2021 till June 2022… The Bible says, “Beware of false prophets, which come to you in sheep’s clothing, but inwardly they are ravening wolves.Matthew 7:15 

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