Digital currency is a form of currency that is available only in digital or electronic form. It is also called digital money, electronic money, electronic currency, or cyber-cash.
Digital currency is a money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Digital currency may be recorded on a distributed database on the internet, a centralized electronic computer database owned by a company or bank, within digital files or even on a stored-value card.
Digital currencies exhibit properties similar to traditional currencies, but generally do not have a physical form, unlike currencies with printed banknotes or minted coins. This lack of physical form allows nearly instantaneous transactions over the internet and removes the cost associated with distributing notes and coins.
Usually not issued by a governmental body, virtual currencies are not considered a legal tender, and they enable ownership transfer across governmental borders. This will undoubtedly be challenged by world governments for a myriad of reasons.
These types of currencies may be used to buy physical goods and services.
Digital money can either be centralized, where there is a central point of control over the money supply (for instance, a bank), or decentralized, where the control over the money supply is predetermined or agreed upon democratically. (excerpts taken from Wikipedia).
(Caution to the reader: anytime you see the term ‘democratically’ used by any world government when it comes to your money, beware!)
So, what’s the problem with digital currency?
- Complete loss of privacy. Perhaps you read or heard, recently, that the Biden administration is working to require financial institutions to report any deposit over $600.00 made by or received by the average citizen. “Why”, you might ask. Control of your money and finances, control over your buying or selling, and oversight of your every move.
IMPORTANT NOTE: This is one of the two final stages of the establishment of the Globalist-Marxist One World Government and the precursor of the coming anti-Christ, also known as The Beast in the Bible. The other stage is control of your health care and health care system, which is complete (see social security and medicare).
- A digital or cashless economy appears to be a precursor or ‘a conditioning’ for what is to come – a time when people must accept a MARK, i.e., “an engraving or an etching, a stamp, a sign or an image, either on his or her right hand or forehead, to be able to buy or sell.
What has Digital Currency to do with, what some consider a myth, about “The Mark of The Beast”, as found in the Bible? You read and decide (and, I will help.)
NEXT: PERFECTION – Chapter 26 – WHERE DO WE GO FROM HERE?