Cashless Society

Oct 31, 2015

Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. (Revelation 13:16-17 RSV)

From webfinance, the cashless society is where no one uses cash, all purchase being made by credit cards, changed cards, cheques or direct transfer from one account to another.Our mode of the transaction started with barter trade, to shell money (often the shells the cowry) to gold & silver merchant then the currency (banknotes and coins) and now micropping.

We are heading toward a worldwide financial system whereby everything bought and sold is through electronic means. Electronic methods of payment like ‘PayPal’ and ‘Google wallet’ is now gaining global momentum. The same Scandinavian countries who led the trend in legalizing gay marriage are also championing cashless system. From CNNMoney (London), Virginia Harrison reported that ‘‘The Danish government has proposed that most stores could dump their cash register from January 2016. Essential services such as hospitals, pharmacies and post offices, would still have to accept cash under the plan, which is now becoming a law”.

The reporter continued that ‘‘the trend toward digital money is accelerating elsewhere in Europe. Non-cash payment rose in 2013, according to data from the European Central Bank. Cashless payment overtook those made with notes and coins in U.K for the first time last year’’. In African countries, such Ghana Credit card cards and mobile payment platform is increasing as compared to about 3 years ago.

How does the cashless system become our concern? From Revelation 13:16-17, the prophecy lets us understand that a time will come that there will only be a single means of transaction. The world as we all know is now a global village. We are heading towards a one-government system and head of states and financial experts are calling to a cashless system. According to daily mail report in 2014, ‘‘more than 1,000 Swedish shoppers have signed up to make payments with a simple swipe of their hand, using new technology that reads the patterns of the veins. The development hopes hand scanning will become an alternative payment method if it is a success during trials in the city of Lund in southern Sweden’’. Gradually hand swipe will replace debit/credit cards to fulfil the prophecy.

Will Cashless system put a stop to black-market drug and illegal transactions? No, because digital transactions carry internet fraud and security risk than cash system. CNN reported that ‘‘total card fraud in Europe hit €1.3 billion ($1.4 billion a near 15% jump on the year-earlier’’. Will the implant help to cut losing life and vital information? No, it will rather pose more threat when implemented. From Gillespie, a cybernetic scientist, Dr Mark Gasson of the UK’s who after implanting a chip in himself in 2009 to control his office’s electronic gadget was affected by a computer virus, first of its kind. The cashless society even has advantages, yet it cannot solve the global money crises.

The prophecy of John the Apostle will surely happen no matter how long it will take. The word of God from Habakkuk 2:2-3 says ‘‘and the LORD answered me: “Write the vision; make it plain upon tablets, so he may run who reads it. For still the vision awaits its time; it hastens to the end–it will not lie. If it seem slow, wait for it; it will surely come, it will not delay. ’’ (RSV) Many have been said about the second coming of Jesus yet people still do not believe. If you a Christian then stand firm (see Mattew 24:13, Ephesians 6:10-14, 1 Corinthians 15:58, 1 Corinthians 16:13,1 Timothy 6:12,James 5:8, 1 Peter 5:9) and if you are not then I am inviting you to take the bold step to come to the wonderful family(Mattew 11:28-29, John 3:3-5). One man wrote ‘‘that if you do not know God then you only exist”.The cashless system is an indicator that we heading toward the end time so let us be alert for the time is near.

Written by: Sam Netanel

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