Listen to Jimmy’s Interview HERE
Read Jimmy’s Transcript ….
JD: Israel has already tested a digital shekel crypto currency. What Ron, is a crypto currency?
RM: Well crypto currency or a better term is a digital currency uses technology to represent a countries official paper currency. So it refers to any means of payment that exist purely in electronic form. So digital money is not tangible like a dollar bill or a coin but it functions as real money for the purchases of good and services. At this point Israel’s digital currency appears to be similar to the ones being developed by the seven leading central banks.
JD: As I understand it, again I’m a neophyte, this what they’re talking about in Israel this crypto currency is basically a payment system. In other words if you have a bill you would pay this way, am I correct on that?
RM: That’s correct. One’s its up and running it will function just like a regular currency but it will all be electronic. There will be no paper changing hands. There will be no coins, gold, silver or anything else.
JD: Ron it could become a currency in the future could it not and how long would that take?
RM: Yeah there has been a tremendous pressure on governments to bring coins and the rest of the non government regulated crypto currencies under control. US Treasury Secretary Janet Yellen has gone so far as to call for the securities and exchange commission to bring owners regulation to the crypto. Jimmy, Janet Yellen was the former chairwomen and control of the US dollar is in her DNA. Right now the US Federal Reserve is definitely behind the Chinese in developing a digital currency.
JD: I know you’re a student of Bible prophecy as I am. It sure sounds like Revelation 13 doesn’t it?
RM: Jimmy I have often heard Christians say that every generation thought they were the final generation but none before this generation had the ability to control buying and selling. So yes, Revelation 13: 16-17 and the complete control of money is right in front of us.
JD: Ron Morro a financial annalist explaining how an Israeli shekel could become a digital crypto currency.
We report this information because it is setting the stage for Bible prophecy to be fulfilled.