Is Australia Becoming A Cashless Society? (abc.net.au)

Pastor Tilson Shumate is real big on last days things. Myself not so much.

I guess it was the 70's when a lot of ministries were based on really hyping last days stuff to the point of burn out.
 The Jesus People were real big on the topic.

I wonder what they would have thought about the Trump Tower being at 666 Fifth Avenue in New York?

 The Late Great Planet Earth would have included the United States. Anyone familiar with Lindsey’s timetable will remember that it was all to happen before 1988. Of course, these publishers are counting on people not remembering or not even knowing of past failed predictions.

One of the biggies is the cashless society, demonetisation.
We are seeing a generation that has no problem with it today.

With paypal and bit coin and Google wallet  , net banking, debit cards,etc it is now very possible to not handle cash.

Revelation 13:17 is used as the operating prophetic text on this issue:

 “And [the Beast] causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead, and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name.”

 How does this translate into a cashless society? The “mark” is the key to the transaction. Nothing is said about what the people are using to buy or sell. It just says that they can’t buy or sell without the “mark.”

 What if the world decides to make gold the coin of the realm? Wouldn’t this be a good thing? How could we oppose a world currency based on gold since it’s written into our constitution?

 “No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility” (Art. 1, sec. 10).

Even the Bible considers gold to be a normative currency for everyone.

Right from the beginning the Bible speaks of gold:

 Genesis 2
¹⁰ And a river went out of Eden to water the garden; and from thence it was parted, and became into four heads.
¹¹ The name of the first is Pison: that is it which compasseth the whole land of Havilah, where there is gold;
¹² And the gold of that land is good: there is bdellium and the onyx stone.

Find Havilah and you find gold that is good.

But there is another (much better) gold:

 Jesus tells the church of Laodicea, “‘I advise you to buy from Me gold refined by fire, that you may become rich. . .’” (Rev. 3:18).

How were the people to buy gold from God? Buying gold refined by fire is symbolic and relates to spiritual worship.

The control of economic transactions drives modern claims of a one-world government controlled by the antichrist during the great tribulation. 

Using every means at his disposal, including the technology of a cashless society, the Antichrist and his demands will bring the world into its greatest-ever moral and economic turmoil.

Such chaos will make the stock market crash of 1929 look like a minor economic adjustment.
Revelation 13:16, 17 is the biblical point of entry for discussion of the cashless society, a one-world government, global economics, and biblical prophecy.

***

 Australia's Reserve Bank will roll out an instantaneous money-transferring technology later this year, "which will push Australia even further towards being a cashless society," according to ABC.

 An anonymous reader quotes their report: In 2014, 12 financial institutions signed up to build the "New Payment Platform," partly as a way of bringing Australia up to speed with other countries that are ahead in the race to becoming completely cashless.

 Sweden is on track to become the world's first completely cashless economy, and just last November India got rid of its highest denomination bills, effectively eliminating 90 per cent of its paper money... 

 The "New Payment Platform" will mean money can be transferred almost instantaneously, even when the payer and payee are members of different banks. 
 
"It's estimated that somewhere between about $3.5 and $5 billion in Australia every year is lost in tax revenue due to the sort of cash economy," says an economics professor at the University of New South Wales, who predicts Australia could be cash-free by 2020.

 The Australian Payments Association reports that over 75% of the country's face-to-face payments are already tap-and-go, and ATM withdrawals have sunk to a 15-year low.