Market Watch: “I don’t believe that bitcoin is going to be a currency today or in the future,” the coffee chain’s executive chairman and former CEO said late yesterday during an earnings conference call.
“I personally believe that there is going to be one or a few legitimate, trusted digital currencies off of the blockchain technology,” Schultz said. more …
Opinion: Me too.
In our post from Bitcoin November 4, we said this: Once governments wake up and outlaw Bitcoin and its offspring, central bank-controlled digital currencies could be next.
Cryptocurrencies are unregulated which is enough reason for central bankers to be kept up at night. However, any entity or entities that have the ability to print $12 trillion in fiat money because of a financial crisis, will also have the ability to make an uncontrolled currency controlled.
From our December 1 post: It didn’t take a financial wizard to conclude that the explosion of an unregulated currency would sooner or later get the attention of the IRS and central bankers, but it is important to keep the main thing, the main thing: Digital currency lines up perfectly with Revelation 13:16-17
“He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.”
And so Howard Schultz, who has threatened to run for president before, is seeing what we are seeing but likely for different reasons.
Bible students who rightly divide God’s word know that a future global dictator will one day be able to control all forms of commerce. If a person who never read the Scriptures cannot buy or sell basic necessities without taking a mark, how many do you think will say no?
Economics will play a big role in Satan’s plans for global worship.
Way to go Editor for finding this headline!