The Bible warns about a new payment method coming in the last days, which will require everyone to take a mark on their right hand or forehead. Without the mark, no one will be able to buy or sell anything.
16 And he causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead,
17 and he provides that no one will be able to buy or to sell, except the one who has the mark, either 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 the number is that of a man; and his number is six hundred and sixty-six. (Revelation 13:16-18).
The mark will be mandated during a time of great distress unlike anything the world has ever seen, a time so troubling men will faint from fear when they see what they see the terrible things coming upon the earth (Daniel 12:1, Luke 21:26). In the midst of famines, pestilences, hyperinflation, earthquakes, and wars, the mark will appear to be the only way to acquire basic necessities for survival, which explains why it will be welcomed by those whose names are not written in the book of life (Matthew 24:6-7, Revelation 6:3-8).
The mark will be the essential component of a global payment tracking system capable of tracking every purchase made by every person on earth. It cannot be a simple tattoo on the skin because the system must be able to approve or reject every transaction in real time, which would require instant two-way communications between the mark and the system. It must be a highly sophisticated gadget able to send and receive data to and from a data center.
For nearly two thousand years, people have read the prophecies of the mark and wondered how it could be possible to store and process so much data, but today we no longer have to wonder because it is already happening. Our generation is the first in history to have the advanced computer technology and communication systems capable of fulfilling these prophecies.
Computer microchips have already been developed with the ability to complete financial transactions and a variety of other tasks. They can be activated and scanned by electronic readers using either Radio Frequency Identification Technology (RFID) or Near-Field Communication (NFC). They can be read by ordinary smartphones, handheld scanners, and readers installed in retail stores and office buildings. In most cases, the chips are not being implanted into people, but implants have begun and thousands of people already have them in their hand.
Recent changes in our payment methods provide more evidence we are living in the last days, the time of the return of the Lord Jesus.
Summary of Changes in Payment Methods:
The world’s payment systems have been undergoing a long transition process leading up to the mark of the beast. To help illustrate how far we have already come, just consider this brief summary of changes, which have accelerated in recent years.
In the old days, people traded tangible physical goods for other physical goods in a barter system, such as goats for donkeys. All deals were made under close scrutiny because both sides could see and inspect what they were getting. It’s not the most convenient payment method, but bartering puts everything out in the open, which gives buyers and sellers the optimum amount of light and little chance for unpleasant surprises, which translates into a high level of customer satisfaction. So why change it?
Bartering is a great way to get a square deal, but inconvenient and inefficient, so currencies were introduced as a substitute payment method. The first currencies were made of gold and silver because they had intrinsic value, as jewelry and decorations, but the invention of printing presses brought paper currencies whose only value came from the issuer’s promise to pay. At first, the paper was redeemable for physical gold and silver, but eventually the Federal Reserve Bank got their way and President Richard Nixon shut the door on that deal back in 1971. Our gold-backed paper currency became worthless fiat currency, appearing to have some real value, but like the old saying goes, “possession is nine tenths of the law.” It is hard to maintain ownership of something we don’t physically possess. With fiat currency, the Federal Reserve has possession of all the gold and silver while we have worthless pieces of paper. What could possibly go wrong?
With so many cash transactions, the bankers wanted a cut for themselves, so they launched advertising campaigns encouraging everyone to use credit cards instead of cash. They sold us on all the benefits of greater convenience, less risky, and a great way to build a good credit rating. They even offered extra discounts each time we use our cards. Their campaigns were successful. By 2014, 72% of Americans carried at least one credit card (Source: Creditcards.com). By adopting this new payment method, we gave bankers a seat at the bargaining table, right in the middle of every transaction where they could keep a percentage for themselves. Then they were finally happy, right? Nope.
Despite the success of credit cards, 28% of Americans still don’t own one. Some people refused the offer because they didn’t want the temptation of spending more money than they had in their bank account, putting them in the position of having credit card bills they couldn’t pay. The bankers were still being left out of many transactions, so they introduced the next generation payment method, debit cards. All those savvy shoppers who rejected credit cards had no reason to refuse debit cards. The bankers even accepted a smaller cut for themselves because they made up for it with increased volume. Between 2000 and 2012, the number of debit card transactions grew from 8.3 billion to 47 billion (Source: Creditcards.com) By 2014, debit cards were the number one payment method preferred by 43% of Americans compared to just 35% for credit cards. Poor old useless cash was only preferred by 9% (Source: Creditcards.com).
These new payment methods caused big problems. By May 2016, the bankers were collecting big profits from an average 15.2% credit card interest rate, which contributed to a mind boggling $3.6 trillion in outstanding consumer credit card debt (Source: Creditcards.com). It gets worse though because when the Fed is forced to raise interest rates, which they have artificially suppressed since the 2008 financial crisis, consumer debt will skyrocket. The bankers succeeded in enriching themselves while the American people moved one step closer to captivity because the borrower is the servant of the lender (Proverbs 22:7).
The transition in payment methods accelerated in 2015. Credit card chips were still new when mobile payment methods were launched by Apple Pay, Samsung Pay, Android Pay, Google Wallet, and Softcard. All of these use NFC chips to store credit card details and make payments, which is the same kind of chip now being implanted into the hands of thousands of people. (Sources: Fortune, Computer World)
While many of us strongly oppose getting the mark of the beast implanted into our hand or forehead, we are already carrying a very similar chip with us everywhere we go because it is in our cell phones.
Few people seem to be aware of what is happening or what it is leading to, but the transition process is nearly complete. Once we get used to swiping our phone, it will not seem like a big step to swipe our hand. The hour is indeed late and the rollout of mandatory chip implants is coming soon.
Author: James Bailey
James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.
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