Prophecy Sign: The future Digital economy - Cashless society
As the idea of a cashless society becomes more mainstream, there are a good many people that are thinking that this might not be such a good idea after all, (hey we've been saying that all along). When you digitize daily commerce and eliminate cash, then you allow for government control and surveillance just as bible prophecy predicted will happen in the future.
…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. Revelation 13:17 NASB
How a Cashless Society Could Embolden Big Brother
In a cashless society, the cash has been converted into numbers, into signals, into electronic currents. In short: Information replaces cash. Information is lightning-quick. It crosses cities, states, and national borders in the twinkle of an eye. It passes through many kinds of devices, flowing from phone to phone, and computer to computer, rather than being sealed away in those silent marble temples we used to call banks. Information never jangles uncomfortably in your pocket. But wherever information gathers and flows, two predators follow closely behind it: censorship and surveillance. The case of digital money is no exception. Where money becomes a series of signals, it can be censored; where money becomes information, it will inform on you.
A cashless society promises a world of limitation, control, and surveillance—all of which the poorest Americans already have in abundance, of course. For the most vulnerable, the cashless society offers nothing substantively new, it only extends the reach of the existing paternal bureaucratic state.