We are living in exciting times. The Signposts point to Jesus soon return.

Thursday, May 5, 2016

Inside the Secret Meeting Where Wall Street Tested Digital Cash

Prophecy Sign:  The future cashless society


Secret meetings to develop a digital cash system?  We would be shocked if we really knew how far along the world is towards the coming beast Tech program of the Antichrist. 

…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

Inside the Secret Meeting Where Wall Street Tested Digital Cash
On a recent Monday in April, more than 100 executives from some of the world’s largest financial institutions gathered for a private meeting at the Times Square office of Nasdaq Inc. They weren’t there to just talk about blockchain, the new technology some predict will transform finance, but to build and experiment with the software. By the end of the day, they had seen something revolutionary: U.S. dollars transformed into pure digital assets, able to be used to execute and settle a trade instantly. That’s the promise of a blockchain, where the cumbersome and error-prone system that takes days to move money across town or around the world is replaced with almost instant certainty.

A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York
Why this is so alarming is because we are seeing other major moves toward a cashless system all over the planet.  In Sweden, 95 percent of all retail transactions are already cashless, and ATM machines are being removed by the hundreds.  In Denmark, government officials actually have a stated goal of “eradicating cash” by the year 2030.  And in Norway, the biggest bank in the country has publicly called for the complete elimination of all cash. The global push toward a cashless society is only going to intensify, because banks and governments both tend to really like the idea of such a system.

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