Israel: Law restricting use of cash goes into effect

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Arutz Sheva: A new Israeli law restricting the use of cash for either wages or payments for transactions has taken effect.

Officially titled the Law to Reduce the Use of Cash, the measure was passed in the Knesset in March, but only went into effect on Tuesday with the start of the new year.

The Finance Ministry has planned for a ban on transactions involving a business or employer on any transactions or payment of wages to employees in cash over the amount of 5,000 shekels ($1,333), or up to 25,000 shekels ($6,666) for transactions between two private individuals.

Under the law [that has already passed], the caps on the usage of cash for transactions or payment of wages are 11,000 shekels ($2,934) for businesses or employers, and up to 50,000 shekels ($13,334) for transactions between private citizens. more …

Opinion: Cash is dirty, cash fuels the black market and terrorism, cash transactions reduce governments’ abilities to collect taxes, cash puts people at risk from robbers, home invasions, and the list goes on and on.

Cash in the digital age is going the way of dial-up internet.

If we view the book of Revelation chronologically, Revelation 13:16-17 is the outcome of a lone digital currency when government will have the ability to control who will be allowed to buy and sell.

For the onset of the end of cash, we have to back up to Revelation 6:1-2 when Antichrist arrives on the scene and confirms a peace treaty between Israel and her neighbors (Daniel 9:27) and clears the way for a temple to be built.

Imagine how the world will celebrate this man. With the Restrainer and the church He indwells (2 Thess. 2:7-8) having been taken up to be with Christ (1 Thess. 4:16-18), Antichrist will be free of suspicion and will move quickly to shore up power.

When they say ‘peace at last’ sudden destruction comes  (1 Thess. 5:3).

Daniel calls him ‘little horn’ (king) indicating he will come in humbly as the 11th king among 10 kings of the revived Roman Empire (re-structured EU). Little Horn will grow in stature and power as he deposes three kings (Daniel 7:24).

When the final financial collapse comes (Rev. 6:5-6), bringing hyperinflation on a Christ rejecting world, Antichrist will have total financial control of a single digital currency.

1 COMMENT

  1. I’ve always felt like the Jews would somehow be at the for front of a cashless society or at least perfecting it.

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