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China Becomes First Nation On Earth To Create A Digital Currency In Move That Could Threaten The Global Dominance Of The United States Dollar

China invented paper currency, now the Chinese government is minting cash digitally that could shake a pillar of American power, the dollar.

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A thousand years ago, when money meant coins, China invented paper currency. Now the Chinese government is minting cash digitally, in a re-imagination of money that could shake a pillar of American power.

It is obvious that the world is on the cusp of a complete and total, once-in-a-millennium paradigm shift with regards to national and global currency, and it is equally obvious that digital money like cryptocurrency is readying itself to replace paper money. But for the bible believer, we’ve seen this coming for the last 30 years, why? Because the Mark of the Beast from Revelation 13 shows us that the Mark is implantable, digital currency that allows you to buy and sell things. See? Not so hard to understand Revelation, is it? The Mark of the Beast is cryptocurrency that goes inside your body.

And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.” Revelation 13:16-18 (KJB)

That is why you see all of the big tech titans spending millions and billions to create digital money and cryptocurrency, with devices that go inside your body, in unwitting obedience to the scripture of truth contained in your dime store King James Bible. Kinda funny how all that works, isn’t it? And yes, you are watching the Mark of the Beast system coming into place.

China Creates its Own Digital Currency, a First for Major Economy

FROM THE WALL STREET JOURNAL: It might seem money is already virtual, as credit cards and payment apps such as Apple Pay in the U.S. and WeChat in China eliminate the need for bills or coins. But those are just ways to move money electronically. China is turning legal tender itself into computer code.

Cryptocurrencies such as bitcoin have foreshadowed a potential digital future for money, though they exist outside the traditional global financial system and aren’t legal tender like cash issued by governments. China’s version of a digital currency is controlled by its central bank, which will issue the new electronic money. It is expected to give China’s government vast new tools to monitor both its economy and its people. By design, the digital yuan will negate one of bitcoin’s major draws: anonymity for the user.

Beijing is also positioning the digital yuan for international use and designing it to be untethered to the global financial system, where the U.S. dollar has been king since World War II. China is embracing digitization in many forms, including money, in a bid to gain more centralized control while getting a head start on technologies of the future that it regards as up for grabs.

“In order to protect our currency sovereignty and legal currency status, we have to plan ahead,” said Mu Changchun, who is shepherding the project at the People’s Bank of China.

Digitized money could reorder the fundamentals of finance the way Amazon.com Inc. disrupted retailing and Uber Technologies Inc. rattled taxi systems.

That an authoritarian state and U.S. rival has taken the lead to introduce a national digital currency is propelling what was once a wonky topic for cryptocurrency theorists into a point of anxiety in Washington.

Asked in recent weeks how digitized national currencies such as China’s might affect the dollar, Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell have said the issue is being studied in earnest, including whether a digital dollar makes sense someday. The dollar has faced challengers before—the euro, to name one—only to grow more important when rivals’ shortcomings became apparent. The dollar far outstrips all other currencies for use in international foreign-exchange trades, at 88% in the latest rankings from the Bank for International Settlements. The yuan was used in just 4%.

Digitization wouldn’t by itself make the yuan a rival for the dollar in bank-to-bank wire transfers, analysts and economists say. But in its new incarnation, the yuan, also known as the renminbi, could gain traction on the margins of the international financial system.

 It would provide options for people in poor countries to transfer money internationally. Even limited international usage could soften the bite of U.S. sanctions, which increasingly are used against Chinese companies or individuals. Josh Lipsky, a former International Monetary Fund staffer now at the Atlantic Council think tank, said, “Anything that threatens the dollar is a national-security issue. This threatens the dollar over the long term.” READ MORE

Why China’s New Digital Currency Raises Privacy Concerns

Why China’s plan for the world’s first digital currency matters

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. Even all the way to South Africa. We even restarted our weekly radio Bible study on Sunday nights again, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

But whatever you do, don’t do nothing. Time is short and we need your help right now. If every one of the 15,860+ people on our daily mailing list gave $4.50, we would reach our goal immediately. If every one of our 150,000+ followers on Facebook gave $1.00 each, we would reach 300% of our goal. The same goes for our 15,900 followers on Twitter. But sadly, many will not give, so we need the ones who can and who will give to be generous. As generous as possible.

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJV)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

China

The Chinese Military Deploys Forces To Surround The Island Of Taiwan For What Looks Like A ‘Dress Rehearsal’ For Upcoming Actual Invasion

On Monday, the Chinese People’s Liberation Army (PLA) announced its Eastern Theater Command organized maritime, aerial, conventional missile and other forces around Taiwan and carried out drills around the island from Friday to Sunday.

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The military in China deployed forces all around the island of Taiwan over the weekend in a set of large-scale military drills that one Chinese military analyst called a ‘dress rehearsal’ of possible real action.

While here in America, as the folks in Washington DC are bracing themselves for the upcoming ‘Red Wave’ of the Midterms elections, an actual Red wave has surrounded the island of Taiwan in what analysts are calling a ‘dress rehearsal’ for China to launch an actual invasion. If China is ever going to do it, doing it while pretend president Joe Biden is in office is the key to successfully attacking Taiwan. Why do you think Russia waited until Biden was in to attack Ukraine? Remember Afghanistan? But I digress.

“And the sixth angel poured out his vial upon the great river Euphrates; and the water thereof was dried up, that the way of the kings of the east might be prepared.” Revelation 16:12 (KJB)

We stopped counting at day 777, but if we were still counting, today is Day 786 of 15 Days to Flatten the Curve, and end times events are proceeding apace exactly as they should be. China invading Taiwan is not a matter of ‘if’, only a matter a ‘when’, and as the long, hot and upcoming ‘Summer of Blood’ begins to assemble itself to distract Americans here at home, Russia and gas prices are doing a great job of providing distraction on a global scale. Speaking of Ukraine, when’s the last time you heard of a ‘war zone’ hosting s rock concert? It’s all theater, kiddies, but with a deadly finale.

China surrounds Taiwan for massive invasion ‘rehearsal’ drills

FROM AMERICAN MILOTARY NEWS: On Monday, the Chinese People’s Liberation Army (PLA) announced its Eastern Theater Command organized maritime, aerial, conventional missile and other forces around Taiwan and carried out drills around the island from Friday to Sunday. The Eastern Theater Command said the drills were intended “to test and improve the joint operations capability of multiple services and arms.”

While Taiwan governs itself as an independent nation, China considers the island a part of its territory and Chinese officials have repeatedly discussed “reunification” with the island, including by means of military force.

“In preparation of and a possible real action of military conflict in the Taiwan Straits, all PLA forces will play their roles, as they will surround the entire island, seal it off and launch effective strikes,” Song said according to Global Times.

The Chinese state-run Global Times publication reported maritime, aerial, conventional missile and “other forces” participated in the drills around Taiwan. During the drills, China’s Liaoning aircraft carrier deployed east of the island while a large number of Chinese aircraft and warships carried out drills to the island’s west.

The Ministry of National Defence for the Republic of China (the formal name of the Taiwanese government) documented several instances of Chinese military aircraft entering its air defense identification zone (ADIZ) over the course of the three-day exercise. 12 Chinese fighter jets, two bombers and four other Chinese aircraft entered Taiwan’s ADIZ on Friday. Two bombers and three other aircraft entered Taiwan’s ADIZ on Saturday. Two more aircraft entered the ADIZ on Sunday. China flies military aircraft into Taiwan’s ADIZ on a near-daily basis.

Song Zhongping, a Chinese mainland military analyst told the Chinese state publication that the PLA’s drills were “like a rehearsal of  possible real action.” Song noted the participation of air and naval forces, but noted the seeming lack of amphibious landings and actions by ground forces during the drills. READ MORE

China Surrounds Taiwan With Warships and Airplanes In Stunning Aggression

The PLA has carried out another round of drills near Taiwan. Chinese warships and planes surrounded the island. They conducted a partial rehearsal of “a possible reunification-by-force operation”. Is China preparing to invade Taiwan?

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. Even all the way to South Africa. We even restarted our weekly radio Bible study on Sunday nights again, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

But whatever you do, don’t do nothing. Time is short and we need your help right now. If every one of the 15,860+ people on our daily mailing list gave $4.50, we would reach our goal immediately. If every one of our 150,000+ followers on Facebook gave $1.00 each, we would reach 300% of our goal. The same goes for our 15,900 followers on Twitter. But sadly, many will not give, so we need the ones who can and who will give to be generous. As generous as possible.

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJV)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

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China

Italy Becomes Latest Nation To Experiment With The Social Credit System From Communist China To Force Behavior Modification On Its Citizens

“These practices, if poorly developed or used, can lead to serious limitations on, and violations of, citizens’ rights and freedoms, as well as discriminatory practices, which are also achieved through technological means, such as ‘social credit’ systems (or social scoring),” reads a Privacy Network online statement. Others have noted that social credit apps, “if poorly developed or used, can lead to serious limitations on, and violations of, citizens’ rights and freedoms, as well as discriminatory practices.” Nowhere have the dangers of this practice been more evident than in China, where social credit scores affect citizens’ ability to travel, education, employment, and even welfare support.

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The city of Bologna, Italy, has announced a Social Credit pilot program to reward “virtuous” citizens for recycling, taking public transportation, and curbing energy usage.

It’s a funny thing about Communist China, every one is always talking about the “evils of Communism” on one hand, and on the other promoting and supporting it. Take Disney for example, they have no problem filming a live-action ‘Mulan’ movie less than a mile away from Chinese concentration camps that hold the Uyghur Muslims. Same goes for Nike that uses Chinese slave labor to make their overpriced plastic sneakers. The NBA agrees to stay silent on the atrocities because they makes in revenue from games and merch, and on and on it goes.

“And the sixth angel poured out his vial upon the great river Euphrates; and the water thereof was dried up, that the way of the kings of the east might be prepared.” Revelation 16:12 (KJB)

But one of the nastiest things to come out of China in relationship to end times prophecy, is their draconian Social Credit System that rewards or punishes you based on how “friendly” you are to the regime. You would think that this being a byproduct of Communist China that it would be easy to shoot down and discredit. So why are so many nations, including America, working to implement a social credit system in their respective nations? That dirty old Mark of the Beast is surely coming.

Italy to Pilot Social Credit System for ‘Climate-Friendly’ Behavior

FROM BREITBART NEWS: The program, which has been likened to China’s social credit system, is slated to go into effect in September, 2022, using a “smart citizen wallet” app for cell phones.

“In September, we will start with a pilot project for the city: at the center is the virtuous citizen, the one who, for example, separates waste well or does not waste energy, or uses public transport and does not receive fines, or actively uses the Bologna Welcome Card,” announced Massimo Bugani, councilor for the city’s digital agenda and civic use of data, at a press conference late last month.

“The municipality will assign such citizens a score as part of a reward system with economic benefits to individual users,” Bugani explained.

Citizens will have access to their rating, which can be improved by earning points that they may then “spend” on prizes such as rebates and cultural activities as a reward for their “virtuous behavior.”

Bugani stated that the app was part of a broader initiative by the city of Bologna to engage in digital innovation. “What we call a new ‘water system’ for the city is being built,” he said, adding that in coming years “many services will go digital in Italy; we have an ambitious project here that is built on solid foundations.”

Although Bugani has insisted that participation in the program will be voluntary, he has expressed his confidence that many will enroll.

Critics of the program, such as the Italian tech firm Privacy Network, which specialized in digital privacy, have warned of the legal, ethical, and societal implications of such apps.

“These practices, if poorly developed or used, can lead to serious limitations on, and violations of, citizens’ rights and freedoms, as well as discriminatory practices, which are also achieved through technological means, such as ‘social credit’ systems (or social scoring),” reads a Privacy Network online statement.

Others have noted that social credit apps, “if poorly developed or used, can lead to serious limitations on, and violations of, citizens’ rights and freedoms, as well as discriminatory practices.” Nowhere have the dangers of this practice been more evident than in China, where social credit scores affect citizens’ ability to travel, education, employment, and even welfare support. READ MORE

China’s Social Credit System

In the past, the Social Credit System existed only in the world of science fiction. In the present, it’s happening in China. In the near future, it might become a reality right here in the West — unless we take a stand against it. Here’s what you need to know about the global Social Credit System.

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. Even all the way to South Africa. We even restarted our weekly radio Bible study on Sunday nights again, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

But whatever you do, don’t do nothing. Time is short and we need your help right now. If every one of the 15,860+ people on our daily mailing list gave $4.50, we would reach our goal immediately. If every one of our 150,000+ followers on Facebook gave $1.00 each, we would reach 300% of our goal. The same goes for our 15,900 followers on Twitter. But sadly, many will not give, so we need the ones who can and who will give to be generous. As generous as possible.

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJV)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

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KINGS OF THE EAST: China Now Has 3 Fully Militarized Artificial Islands In The Philippines In Largest Military Buildup To Take Place Since WWII

The three artificial islands were built on Mischief Reef, Subi Reef, and Fiery Cross Reef, territories belonging to the Spratly Islands, an archipelago legally under the territory of the Philippines. China’s presence on the islands is illegal regardless of the nature of its construction there. “I think over the past 20 years we’ve witnessed the largest military buildup since World War II by the PRC,” Aquilino said, noting that China appeared to have “advanced all their capabilities and that buildup of weaponization is destabilizing to the region.”

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U.S. Indo-Pacific commander Adm. John C. Aquilino told the Associated Press in an interview published on Sunday that China had fully militarized three artificial islands built in the territory of the Philippines as part of ‘the largest military buildup since World War II.’

While Russia may be grabbing all the headlines recently, do not think for a moment that Iran and China are not ramping up for some serious military action. Just last month, Two Iranian drones shot down over Iraq by American fighter jets were set to explode in Israeli territory. China, for their part, is slowly but surely preparing to seize Taiwan just as Russia has been attempting to take control of Ukraine.

“And the sixth angel poured out his vial upon the great river Euphrates; and the water thereof was dried up, that the way of the kings of the east might be prepared.” Revelation 16:12 (KJB)

The very first story we published on January 1, 2020, was about the historic joint war games that were held between Russia, Iran and China in the Indian Ocean and the Gulf of Oman—dubbed “Marine Security Belt”, and was a signal to U.S. forces operating in the region. Here on Day 736 of 15 Days To Flatten the Curve, it’s no surprise that we are still talking about Russia, China and Iran, and not only that, the very real possibility of WWIII.

U.S. Admiral: Beijing Armed South China Sea Islands in ‘Largest Military Buildup Since WWII’

FROM BREITBART NEWS: The three artificial islands were built on Mischief Reef, Subi Reef, and Fiery Cross Reef, territories belonging to the Spratly Islands, an archipelago legally under the territory of the Philippines. China’s presence on the islands is illegal regardless of the nature of its construction there. China claims nearly the entirety of the South China Sea, including territory belonging to the Philippines, Vietnam, Taiwan, Malaysia, and Brunei, as well as waters off the coast of Indonesia. In 2016, the Philippines won a lawsuit against China at the Permanent Court of Arbitration at the Hague in which the court ruled that China had no legal right to be present in the disputed territories, including the three reefs Aquilino discussed this weekend.

Chinese officials called the ruling a “farce” and ignored it; the government of Philippine President Rodrigo Duterte has repeatedly refused to seek enforcement of the ruling.

The Chinese government seized the three reefs – as well as several others in another chain, the Paracel Islands, disputed by the Philippines and Vietnam – and built artificial islands that Beijing claims are necessary for weather research and surveillance. Chinese dictator Xi Jinping asserted in 2015 that China would not “pursue militarization” in the Spratly Islands.

Extensive evidence since the completion of the artificial islands, including statements from the Chinese government, has suggested that Xi did not adhere to his promise. According to the Associated Press, Aquilino described the three artificial islands as equipped with completed “missile arsenals, aircraft hangars, radar systems and other military facilities.”

“The function of those islands is to expand the offensive capability of the PRC [China] beyond their continental shores,” the outlet quoted the admiral as saying. “They can fly fighters, bombers plus all those offensive capabilities of missile systems.”

The facilities, he warned, “threaten all nations who operate in the vicinity and all the international sea and airspace.”

“I think over the past 20 years we’ve witnessed the largest military buildup since World War II by the PRC,” Aquilino said, noting that China appeared to have “advanced all their capabilities and that buildup of weaponization is destabilizing to the region.”

Multiple American presidential administrations have warned since at least 2015 that the Chinese Communist Party was seeking to build illegal military facilities in the South China Sea. The Chinese government has enthusiastically denied any plans to militarize the region for years. Xi Jinping himself denied such a plan in 2015 while visiting the White House.

“Relevant construction activities that China are undertaking in the Nansha [Spratly] Islands do not target or impact any country, and China does not intend to pursue militarization,” Xi said.

Shortly before Xi’s visit in September of that year, the People’s Daily, the official newspaper of the Communist Party, more specifically claimed that the construction in the region was necessary for civilian purposes.

“The construction of infrastructure for observation and communication is the first step towards enhancing and improving marine meteorological monitoring, warning, forecasting, prediction and scientific research,” Chinese Academy of Engineering representative Ding Yihui told the People’s Daily at the time.

Satellite images of the Spratly Islands indicated as early as 2017 that China was reinforcing its illegal claims in the region with military assets. That year, images of the three reefs Aquilino identified as fully militarized this week showed the presence of what appeared to be surface-to-air missile launch sites. The next year, as construction of the islands concluded, China began admitting to military activity in the region. The PLA announced in June of that year that it had engaged in military drills involving “target drones” in the South China Sea, without specifying where. The exercises followed formal military activities in the general area of the South China Sea in March. READ MORE

Artificial Islands Made By China Are Being Used By Beijing As Strategic Bases In The South China Sea

Places where no landmass was visible until a few years ago, there now stands a man-made island. Satellite images and reports reveal that Beijing has been quietly developing concrete structures on these islands. Experts say China has been developing these islands as a part of its strategy to control the international waters. Since 2014, China has been secretly, building artificial islands in the South China sea. The islands are being used to bolster China’s military capability in the Pacific Ocean.

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. Even all the way to South Africa. We even restarted our weekly radio Bible study on Sunday nights again, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

But whatever you do, don’t do nothing. Time is short and we need your help right now. If every one of the 15,860+ people on our daily mailing list gave $4.50, we would reach our goal immediately. If every one of our 150,000+ followers on Facebook gave $1.00 each, we would reach 300% of our goal. The same goes for our 15,900 followers on Twitter. But sadly, many will not give, so we need the ones who can and who will give to be generous. As generous as possible.

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJV)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

Continue Reading

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