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Israel Is Preparing Action Plan For Launching A Digital Shekel As World Is Rapidly Moving Toward Cybercurrency And The One World System

Israel has conducted a pilot test of a digital shekel cryptocurrency, Bank of Israel Deputy Governor Andrew Abir said at the Fair Value Forum of IDC.

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Israel has already conducted a pilot test of a digital shekel cryptocurrency, Bank of Israel Deputy Governor Andrew Abir said, perhaps inadvertently, at a recent conference of the Fair Value Forum of IDC Herzliya.

All over the world we are seeing cryptocurrency coming online in fits and starts, stunning losses followed by even more stunning gains, and in Israel work is right now being done to see about the feasibility of a digital shekel. When you remember that the Mark of the Beast is an implantable device to control buying and selling, then you understand that the Mark is cryptocurrency.

“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)

In fact, everywhere you look right now, the whole world is going digital on every level, and currency is no exception. Ever think about the word ‘crypto’? It’s chock full of meaning to the student of bible prophecy. A ‘crypt’ is where dead bodies are kept, and a ‘cryptographer’ is someone who deals with things that are ‘hidden’ and ‘secret’. No matter how you slice it, ‘crypto’ currency is the preferred means of transaction for the end times generation, that’s how close we are.

Israel has already tested a digital shekel cryptocurrency

FROM THE JERUSALEM POST: Toward the end of a panel discussion, Abir said the Bank of Israel had already run a digital currency pilot. Another member of the panel seemed surprised and asked: “You have already issued a coin?” Abir responded in the affirmative. However, Abir said he was not optimistic that such a central-bank digital currency (CBDC) would ever be launched.

“I had previously estimated that the chance of having a CBDC within five years is 20%,” Abir said. “My estimate has increased a bit in the last year, mainly because other countries are advancing with it too. But still there is less than a 50% chance.”

In May, the Bank of Israel said it was preparing an action plan for how it could offer a digital currency. The concept of issuing such a currency has been in discussion since 2017, but it decided to accelerate its research and preparation for the potential issuance “in view of the rapid developments in the digital economy and in payments, and in view of the major central banks’ work on the issue.”

A CBDC would rely on distributed ledger technologies such as blockchain, but it would be different from the cryptocurrencies that are popular today, including bitcoin. The most important difference is that while cryptocurrencies do not belong to any specific country, and some are characterized by having no central authority to manage them, a CBDC issued by a country’s central bank would be regulated by the relevant state authorities.
“The option for a CBDC is still being examined, and when we made our statement last month, it was not to say what we are doing, but rather to share what we do not know and receive feedback from the public,” Abir said.
In recent years, there have been significant and very rapid changes in the payments market in Israel and abroad. While no central bank in an advanced economy has yet announced a decision to initiate a project that would lead to its issuing a digital currency, there has recently been an apparent change in global sentiment on the matter, and the central banks in a number of major world economies have begun exploring the possibility of issuing a CBDC alongside existing means of payment.

The Bank of Israel is most concerned about staying on top of emerging global trends, Abir said.

“The payment system in Israel is at least a decade behind other countries,” he said. “But in the last year, we have started to close the gap with the distribution of the infrastructure that allows contactless payments and the entry of digital wallets. We are in the middle of a process of disruptive technology, and we do not know who are going to be the winners. Will it be the banks, credit-card companies, fintech or big technology companies? There will be changes in the next few years that we do not yet know about. But it is clear that the environment in five years’ time will not be the same as the environment today.”
Abir played down common expectations for a digital currency.
“I’m sorry to tell you, but it’s not going to eliminate the banks,” he said. “No central bank will introduce a digital currency for this purpose. The banks will still have an important part in the entire payment system. Another thing that might disappoint you is that any digital currency of a central bank would not be designed as a kind of protection against bitcoin. What we are talking about is a payment system. Bitcoin is not a payment system, and it is not a currency. In the best situation, it is a financial asset, and in the worst case, it is a pyramid scam,” Abir said. READ MORE

Israel Considers Switch to Digital Shekel – Dec. 26, 2017

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

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Cryptocurrency

The U.S. Securities and Exchange Commission Approves First-Ever Spot Bitcoin Exchange-Traded Funds As Cryptocurrency Moves Mainstream

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The U.S. Securities and Exchange Commission (SEC) has reportedly approved the first spot bitcoin exchange-traded funds (ETFs), signifying significant progress in the integration of cryptocurrency into mainstream financial markets.

You can debate over its final form factor, but one thing that is not up for debate is that the biblical Mark of the Beast we see in Revelation 13 is an implantable device that controls the buying and selling of goods and services on the global market. Simply put, the Mark is an human-implantable object that functions like a debit card, and you use it in exactly the same way. One main difference is that, without the Mark, you will not be allowed access to the global financial system. Bitcoin and crypto are part of the bridge between the end of the Church Age and the start of the time of Jacob’s trouble. The SEC just approved its first-ever spot bitcoin EFT, and Bob’s your uncle.

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.” Revelation 13:17 (KJB)

If you’ve been paying even scant attention, you have noticed the following things to be true by now. 1). the world is run on the internet, 2). the people of the world are intractably connected to their mobile devices, 3). those devices are powered by apps, and 4). just about everyone is already buying and selling digitally. A quick look in Webster’s 1828 dictionary tells you that the word crypt means “A subterranean cell or cave, especially under a church for the interment of persons; also, a subterranean chapel or oratory, and the grave of a martyr.” So cryptocurrency is connected to the grave of dead Tribulation saints who will refuse the Mark for obvious reasons, and be killed as martyrs.

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SEC Approves First Spot Bitcoin ETFs, Signaling Major Shift in Crypto Regulation

FROM BREITBART NEWS: The Financial Times reports the Securities and Exchange Commission’s recent decision to approve spot bitcoin ETFs marks a significant change in the commission’s stance on cryptocurrency. The approval of eleven ETFs from a combination of established financial organizations and digital finance newcomers has cleared the path for a more regulated and accessible route for investing in bitcoin.

Jad Comair, CEO of Melanion Capital – the first company to launch a Bitcoin-themed ETF in the EU – highlighted the significance of this move, stating, “It’s a huge milestone; it’s recognition of bitcoin being a large-scale traditional investment. We’re opening the doors to Wall Street.”

For nearly a decade, the regulator has been resistant to approving such ETFs due to concerns around the susceptibility of cryptocurrencies to manipulation and fraud. However, last year, the crypto asset manager Grayscale successfully challenged the SEC’s rejection of an earlier spot bitcoin application, and a federal appeals court ruled in August that the decision was “arbitrary and capricious.”

This ruling put pressure on the SEC to reevaluate their stance, ultimately leading to their recent decision to approve spot bitcoin ETFs.

Cathie Wood of Ark Invest, emphasizing the goal of accessibility, mentioned, “We want to make sure that we provide access and make it as accessible as possible… We are not looking to maximize profits on this. We’ve got other actively managed products that will help us.”

In a new approach, these funds will use cash to create and redeem new shares, differing from the usual practice of in-kind transactions involving their underlying assets​​. With the launch of spot bitcoin ETFs, U.S. investors can now have direct exposure to bitcoin through a regulated product, mitigating risks associated with unregulated exchanges and the higher costs of bitcoin futures ETFs. This development is expected to add a new vitality to the most popular and liquid crypto token, with the U.S. joining other markets in offering investment in bitcoin. READ MORE

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

Please continue to pray for us, and for wisdom for me especially, as we continue taking steps to print the NTEB branded King James Bible for our free Bible and Bibles Behind Bars program. It is exciting and intimidating at the same time. If the Lord has prospered your financially, we ask you to donate to help us continue to send out free Bibles at this level, and even higher than we are at the moment. It takes a lot of prayer, and a lot of resources to do all this. Praise the Lord we are doing it, all of us together, labouring in the Lord’s harvest field. TO THE FIGHT!!!

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. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, 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. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORTTO THE FIGHT!!!

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

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Cryptocurrency

Joe Biden Executive Order 14067 Authorizing Creation Of Cybercurrency Known As ‘Project Cedar’ Seeks To Overthrow The US Dollar

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On November 15, 2022, several of the world’s biggest banks agreed to a shocking new plan called ‘Project Cedar’ – one that could lead to a complete overthrow of the U.S. dollar as we know it.

Back in March of 2022, we told you about the Executive Order signed by pretend president Joe Biden, authorizing the beginning steps of the creation of a digital dollar, one many fear might replace the current US dollar. Here in 2023, those fears appear to be well-founded as ‘Project Cedar’ enters into phase two, and the handwriting appears to be on the wall for the dollar. What does all this have to do with the elites wanting to ban your gas stove? More than you might think.

“A feast is made for laughter, and wine maketh merry: but money answereth all things.” Ecclesiastes 10:19 (KJB)

Over the past few years, we have seen a frenzied rush to convert every into digital, to go electric on every level, and there is a spiritual reason behind that. When the Mark of the Beast is implemented, if you don’t have it, you will be locked out of the world commerce system which will be completely digital and electric. All it will take is a push of a button, and when that happens, you have nothing. This is why gas-powered anything has to be done away with, and that’s why you’re seeing seemingly strange and silly things happening now. The world is well underway to switching to the economy of the Antichrist, and ‘Project Cedar’ may just be the thing that puts us over the edge.

Project Cedar: Inside the Plot to Destroy the U.S. Dollar

FROM BRETBART NEWS: Sponsored by the New York Federal Reserve, participants in this plan include banking giants like Wells Fargo, Citigroup, HSBC, and Mastercard, just to name a few.

The pilot program – dubbed ‘Project Cedar’ – would convert regular U.S. dollars into a brand-new type of dollar, which could have massive implications for all American citizens. But ‘Project Cedar’ is just the second step in a complete overhaul of the U.S. banking system.

The first step was announced on March 9, 2022, when President Biden signed Executive Order 14067.

This Executive Order gave legal provisions for this new U.S. dollar and could give the U.S. government unprecedented control over your money and freedom.

In fact, it could even pave the way for things like:

  • Legal government surveillance of all U.S. citizens
  • Total control over your bank accounts and purchases
  • And the ability to silence all dissenting voices for good

“I’ve been warning about this for months,” says renowned macroeconomist Jim Rickards. “Now with the launch of ‘Project Cedar’, the wheels are fully in motion – and I don’t believe anything can stop it.”

Mr. Rickards is one of the world’s foremost financial experts and has been a respected advisor to the CIA, the Pentagon, and multiple U.S. presidents. The way he sees it, this is the start of a sinister new plot against everyday Americans.

“We’re in for a major upheaval of the U.S. dollar,” he says.

“In fact, I predict the third Great Dollar Earthquake has already started…

“The first was Roosevelt confiscating private gold in 1934…

“The second was Nixon abandoning the gold standard in 1971…

“Now,” he says, “This plan could pave the way for ‘retiring’ the U.S. dollar – and replacing it with a disturbing new alternative.” READ MORE

‘Project Cedar’ Explained By The Creators

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. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, 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. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORTTO THE FIGHT!!!

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

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

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Cryptocurrency

Global Banking Conglomerates To Join With Federal Reserve Bank of New York To Conduct A 12-Week Digital Dollar Pilot Program

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The Federal Reserve Bank of New York’s Innovation Center, or NYIC, announced that it would be launching a 12-week proof-of-concept pilot for a central bank digital currency, or CBDC.

Back in March, we told you how pretend president Joe Biden signed an Executive Order to set the table to create a United States Central Bank Digital Currency. Today comes the announcement that the New World Order is sending representatives from assorted global banking conglomerates to begin as 12-week pilot program at the Federal Reserve of New York. What does all this mean? It means we just got another giant step closer to the biblical Mark of the Beast which will control all financial transactions.

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.” Revelation 13:17 (KJB)

Is it just me, or is it another one of those ‘strange coincidences’ that at the very time one of the world’s largest crypto exchanges, FTX, has been mysteriously put out of business the announcement is made of the establishment of a pilot program to create a US digital currency? Sure is funny how that stuff works, isn’t it? They are calling it the CBDC, I am calling it MOTB, which is ultimately what it will end up being. And you can bet your digital ‘bottom dollar’ that’ll happen exactly as Revelation says it will.

New York Federal Reserve launches 12-week CBDC pilot program with major banks

FROM COINTELEGRAPH: In a Nov. 15 announcement, the New York Fed said the program would explore the feasibility of an “interoperable network of central bank wholesale digital money and commercial bank digital money operating on a shared multi-entity distributed ledger” on a regulated liability network. Banking giants including BNY Mellon, Citi, HSBC, Mastercard, PNC Bank, TD Bank, Truist, U.S. Bank and Wells Fargo will be participating in the pilot by issuing tokens and settling transactions through simulated central bank reserves.

“The NYIC looks forward to collaborating with members of the banking community to advance research on asset tokenization and the future of financial market infrastructures in the U.S. as money and banking evolve,” said NYIC Director Per von Zelowitz.

The proof-of-concept project will test the “technical feasibility, legal viability, and business applicability” of distributed ledger technology, as well as simulate tokens and explore regulatory frameworks. The NY Fed said the project could “potentially be extended to multi-currency operations and regulated stablecoins.”

The launch of the NYIC pilot project followed the center releasing research on its wholesale central bank digital currency program on Nov. 4. The first phase of the CBDC trial, dubbed Project Cedar, tested foreign exchange spot trades to determine whether a blockchain solution could improve “speed, cost, and access to cross-border wholesale payments.”

Federal regulators in the United States have not reached any consensus on whether to launch a digital dollar in the country, but agencies and those in the private sector have been exploring the possibility. Following U.S. President Joe Biden issuing an executive order aimed at establishing a framework on digital assets, some lawmakers questioned what Congress’ role might be in passing legislation in support of a CBDC and how a digital dollar might curtail similar innovations from the private sector. READ MORE

Central Bank Digital Currency Is Coming!

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. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, 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. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORTTO THE FIGHT!!!

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

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

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