Is the 'Mark of the Beast' the future of money?
By Catholic Online (NEWS CONSORTIUM)
4/2/2014 (4 years ago)
Catholic Online (https://www.catholic.org)
Some futuristic thinkers say that in the next 20 years or so, when people go to the market, they will pick up the items they need and leave - without the benefit of paying a cashier. Sensors will identify a consumer by a mark, their way of walking or facial recognition. Will cash money - paper and coins, become extinct, for a system that calls forth the "Mark of the Beast" as spoken in the Book of Revelations?
Theoretically, a unique identifier is attached to your digital wallet, could transmits payment for the groceries directly to the store.
LOS ANGELES, CA (Catholic Online) - Theoretically, a unique identifier is attached to your digital wallet, could transmits payment for the groceries directly to the store. Your virtual wallet has a dozen digital currencies in it, all with different values based on a variety of factors, including loyalty programs.
At some grocery stores, you might pay with their version of frequent-flier miles, while at others, you might pay with the equivalent of a virtual credit card.
While this sounds fanciful, technologists and thinkers say that this is in fact the most conservative and likely of all future scenarios. "What was it like to see that old-fashioned building called a bank?" may be a question posed by our grand-children and great grandchildren.
The emergence of Bitcoin and the ecosystem growing around it is just one of the any symptoms of this New World Order.
And even if you believe Bitcoin is no more than a fad - and that may well be, given its volatility, security issues and potential regulatory challenges - it has raised the prospect of new virtual currencies and, at the least, cheaper and more efficient transaction mechanisms.
"Money is a very interesting philosophical idea in that we have all of humanity agreeing on this system," Ray Kurzweil, a futurist, inventor and author says. "So even though we may radically disagree on some things - like let's say the U.S. government and Al Qaeda - they both respect money. So it's remarkable how we have this universal respect for this very esoteric virtual construct."
Other technocrats such as Marc Andreessen, who led the team that invented the first commercial web browser, say they believe that new virtual currencies will come to dominate the way we pay for things in the future.
"Bitcoin offers a sweeping vista of opportunity to reimagine how the financial system can and should work in the Internet era, and a catalyst to reshape that system," he wrote recently.
Kurzweil, however, says that change may not be rapid as that. "We've built up respect for currencies associated with nations," he said. "People respect dollars, mostly, I think, because of the track record, relative stability."
Copyright 2018 - Distributed by THE CALIFORNIA NETWORK
Pope Francis Prayer Intentions for APRIL 2018
For those who have Responsibility in Economic Matters. That economists may have the courage to reject any economy of exclusion and know how to open new paths.
Markets have suffered their worst April start since the Great Depression, led by Amazon which lost 5.21 percent of its value in one day ... continue reading
Global markets have dropped for the past few days, and just this morning have rebounded. It remains to be seen if the recovery is ... continue reading
The world is richer and more productive than ever before in history. Yet, income inequality is growing the poverty is on the rise. Middle ... continue reading
Income inequality - Here's why world poverty and hunger remain a problem, frustrating Pope Francis' efforts to solve the crisis Watch
When Pope Francis accepted the chair of St. Peter, he pledged to end world hunger by 2020. By all appearances, it was an easy win. The math ... continue reading
Jobless claims historic low! - Why workers are getting raises this year, thanks to President Trump Watch
Say what you will about President Trump, but American workers are starting to "win" under his administration. Jobless claims have reached a ... continue reading
by Catholic Online
- Daily Readings for Tuesday, April 24, 2018
- Earth Day 2018: We are stewards of Creation, and we must act like it
- The Christian Duty: A mission of leading others to Jesus
- Every Earth Day, Remember Our Place in Creation HD Video
- Pope Francis tells priests to 'Be like Jesus the Good Shepherd'
- Daily Reading for Thursday, April 26th, 2018 HD Video
- St. Fidelis of Sigmaringen: Saint of the Day for Tuesday, April 24, 2018
- Two Leaves Tea at Catholic Online Shopping HD
- Beautiful Divine Mercy One Decade Rosary at Catholic Online Shopping HD
- St. Gemma Galgani HD
- Daily Reading for Wednesday, April 25th, 2018 HD
Learn about Catholic world
Inform - Inspire - Ignite
Catholic Online Saints
Your saints explained
Catholic Online Prayers
Prayers for every need
Catholic Online Bible
Complete bible online
Catholic Online News
Your news Catholic eye
Today's bible reading
Products and services we offer
Catholic Online Shopping
Catholic medals, gifts & books
The California Network
Inspiring streaming service
Learn the Catholic way
Teacher lesson plans & resources
Support Free Education
Tax deductible support Free education