mwdegutis Loc: Illinois

This is a follow-up to the “These Countries May Move to Ban Cash” thread and contains VERY important information. I’ll repeat…for those with eyes to see the move to ban cash is a direct correlation to the eventual mark of the beast because once cash is banned, everyone will need an ID to buy and sell and the best way to ensure that it’s not stolen is through a “mark” on the human body.

He required everyone – small and great, rich and poor, free and slave – to be given a mark on the right hand or on the forehead. And no one could buy or sell anything without that mark, which was either the name of the beast or the number representing his name. Revelation 13:16-17 (NLT)

• "I think that we are about to see massive disruptions," IMF Managing Director Christine Lagarde told CNBC about developments in financial technologies
• Lagarde didn't rule out that the IMF could at some point develop its own cryptocurrency

Elizabeth Schulze ~ October 13, 2017
It's time for the world's central banks and regulators to get serious about digital currencies, according to the head of the International Monetary Fund.

Global financial institutions are taking risks by not watching and understanding emerging financial tech products that are already starting to shake up the financial services and global payments system, according to IMF Managing Director Christine Lagarde.

"I think that we are about to see massive disruptions," Lagarde told CNBC in a Facebook Live interview on the sidelines of the IMF Annual Meetings in Washington D.C.

Asked whether she agreed with JPMorgan Chase CEO Jamie Dimon's comments that bitcoin is a "fraud," Lagarde said it's important to look at the broader implications of technologies like digital currencies.

"I think we should just be aware of not categorizing anything that has to do with digital currencies in those speculation, ponzi-like schemes," she said. "It's a lot more than that as well."

Lagarde didn't rule out that the IMF could at some point develop its own cryptocurrency. She pointed to the IMF's Special Drawing Right (SDR), a currency the IMF created to serve as an international reserve asset, that could incorporate technology similar to cryptocurrencies.

"What we will be looking into is how this currency, the special drawing right, can actually use the technology to be more efficient and less costly," she said.

Lagarde moderated a panel discussion on Thursday focused on fintech and the role of central banks, featuring central bank officials and executives from fintech companies. Lagarde told CNBC she expects the IMF will play a role in regulating the fintech industry going forward.

"My hope is that we can participate in that process because I see that as a very cross-border process," she said.

Fintech, Lagarde said, is already causing disruptions in the financial services industry as new technologies lower the cost of financial transactions. She pointed to distributed ledger technology like blockchain that can help make the banking system more inclusive.

"I think of women in some of the developing countries that have to carry cash around who are at risk of violence and all the rest of it," she said. "If they can use their cell phone and operate in a much more discreet and efficient way, it would be terrific."

PaulPisces Loc: San Francisco

You do realize that almost everyone in the U.S. already uses some form of digital currency, and have been for decades.
If you have direct deposit and a credit card, and maybe pay your bills online, you are already using digital currency.

mwdegutis Loc: Illinois

You do realize that the discussion is about banning cash COMPLETELY and replacing it with some type of digital currency? This is happening worldwide even as we speak. Do you understand the ramifications? Or are you too blind to see?

PaulPisces Loc: San Francisco

I saw nothing in your original post that spoke to banning cash completely.
Perhaps I missed it and you can point it out.

I also do not see how your quote from the Book of Revelations is pertinent in any way. Please help me understand.

mwdegutis Loc: Illinois

Look in the title of this thread...

Follow-up to “These Countries May Move to Ban Cash” Thread...

mwdegutis Loc: Illinois

The book of Revelation states that the Antichrist will require a "mark" on the body to show allegiance and it just so happens that that mark will also be the only way one will be able to buy or sell.

The move to ban cash is a direct correlation to the eventual mark of the beast because once cash is banned, everyone will need an ID to buy and sell and the best way to ensure that it’s not stolen is through a “mark” on the human body. Pretty convenient for the Antichrist, wouldn't you say?

PaulPisces Loc: San Francisco

But there is nothing at all in the article you shared that would indicate there is any movement to ban cash completely.
Simply putting the concept in the title of your thread means nothing!

PaulPisces Loc: San Francisco

That's a pretty fantastical stretch of the imagination there.
But then the Book of Revelations is a pretty trippy bit of writing.

mwdegutis Loc: Illinois

There is another thread that I made by that title...

http://www.onepoliticalplaza.com/t-116285-1.html

mwdegutis Loc: Illinois

Those who don't have eyes to see will not see. All I can say is good luck Paul unless you repent.