Italian concerns about digital euro–CBDC–but expect something like that anyway
Euro blockchain image via Pixabay
A reader in Italy sent me a link in Italian (https://luogocomune.net/economia/tutti-i-pericoli-dell-euro-digitale-cbdc) which I machine-translated into English. Here are some excerpts:
All the dangers of the digital euro (CBDC)
19 May 2025
Using a credit card to make payments is not a CBDC transaction but only an alternative means through which you can transfer real euros from your bank account to the destination account. Making a payment in euros with a credit card, and making the same payment in digital euros are profoundly different operations.
Having clarified this point, when the first version of the digital euro is introduced in October 2025, it will be necessary to remember a simple concept. The money deposited in your current account or invested in government bonds or private funds will remain in euros and will not be automatically converted into a digital euro (CBDC).
The trick is exactly this, to create confusion in the mind of the common citizen so that he cannot understand the real difference between the two currencies, thinking they are the same currency. To make us believe that, when we make an electronic payment to buy for example on our trusted site, a bouquet of flowers, it is equivalent to using digital currency while, walking to the little shop in the center with cash is equivalent to buying in traditional euros.
As soon as CBDCs become legal tender, their value will be pegged to the reference currency and citizens will be given the free option to convert euros into digital currency and vice versa. Initially, advantages or tax relief will be offered in choosing ‘freely’ to use the new currency for everyday payments such as fuel or the supermarket, or for salary/pension crediting.
Many of us, attracted by these advantages or simply feeling in step with the times, will change all the old euros into digital euros. Some will think of protecting themselves, against the possible unforeseen events of life, by hiding a nest egg of emergency banknotes under the mattress. Still others will boycott credit cards and digital payments, not fully understanding the subtle mechanism underlying the new monetary system.
The ‘Great Reset’, thought up and imagined over the last two hundred years by the ‘Universal Masters’ and which is so much talked about, is nothing other than the monetary transition towards CBDCs, the true definitive weapon through which it will be possible to individually control every citizen of the world.
Private property will disappear forever and every good will be available only as a rental service: from the television to the smartphone, from the car to the house up to the washing machine, the refrigerator or the hairdryer. Everything will be on loan, after all, CBDCs are famous for their expiration date and in any case you will no longer be able to accumulate money or sell used objects.
Even intermediary credit institutions will disappear completely because you yourself will be the bank, everything will be recorded through the Unique Digital Identifier (IDU), assigned as a boast to the birthright.
Above this storage space, all the information regarding our health situation, vaccination status, daily habits, what we eat, what we buy, which TV series we follow, which books or articles we read will be stored, in practice enough data will be stored to be able to reconstruct a virtual version of our personality even capable of predicting our future decisions.
The transition to an alternative digital currency will be the first real step towards a silent but powerful erosion of individual freedoms. This currency, managed and controlled, in our case by the ECB, will allow authorities to monitor, manage and record all economic transactions in real time. Without the anonymity guaranteed by cash or by privacy rules for classic credit card payments, every small purchase or movement of funds will be tracked and a detailed profile of each individual will be created. …
It will not be possible to avoid the control of private spending. Every transaction will be visible to the authorities and associated with an acceptability score. The purchase of books with content deemed sensitive, of non-recommended foods, of tools that can suggest independent or autonomous activities can be used to reduce one’s social score, influencing access to loans, subsidies or job opportunities.
The right to mobility will be another aspect that will be fully regulated by CBDCs. Long-distance travel may be limited for ecological reasons, preventing citizens from purchasing more than a certain number of plane or train tickets per year.
Travel between regions and cities may also be limited, especially for those who have exceeded their monthly CO2 environmental impact calculated through the programmed currency system. Leisure travel will only be granted to those who have maintained a behavioral profile compliant with the system’s social and ethical guidelines.
Entrance to sporting events, concerts, museums or places of worship may be subject to economic and behavioral criteria, allowing access only to those who meet certain conditions. …
Biometrics will also allow selectively blocking individuals or social categories from accessing their own funds, with the simple revocation of payment authorization. A citizen deemed unfit, dissident or dangerous can be economically excluded in a few seconds, without the need for physical seizures of assets or bureaucratic processes. Their access to money will simply be deactivated, instantly depriving them of the ability to purchase food, transportation or essential services.
Yes, having digital CBDCs, or something similar, will give governments even more control than they now have.
Number 13 of my list of has the following:
13. CBDCs and 666
Notice the following prophecy:
16 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, 17 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.
18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666. (Revelation 13:16-18)
This type of financial surveillance could not have happened during the time of the Apostle John as there was no real way to monitor many financial transactions then (despite the fact that ‘preterists’ believe this was fulfilled almost 2000 years ago, see also The Dangerous Rise of Preterists). The same was true for all the centuries that followed until the late 20th and now the 21st century. But now not only does the technology exist to monitor most financial transactions, the political will is there as well.
It will be a European power that will fulfill the above prophecy of 666 (watch Can You Prove that the Beast to Come is European?).
It will likely take supercomputers aided with artificial intelligence to aid in the fulfillment of the scriptures in Revelation 13:15-18, as well as cyber-spying/monitoring. I do believe that cyber monitoring will be used by the European Beast, King of the North, 666 power.
We are seeing a move to digital/electronic money. …
Europe has claimed that it will be the dominant force in cryptocurrency. A supercomputer may be able to trace all owners and users, as well as even decode blockchain technology.
The Europeans, themselves, will continue to push for a CBDC or other type of digital currency.
Many within BRICS will push for a CBDC or other form of digital currency.
While 2025 will not see a cashless world, expect to see more movements towards monitorable payments.
Expect to see more steps related to Central Bank Digital Currencies in 2025.
The fall of the US dollar and the trend towards digital money will concern many.
Look for more totalitarian steps to be proposed and/or implemented in 2025.
The truth is that there are threats associated with governments going cashless. Are CBDCs a good thing?
The Continuing Church of God put together the following video on our Bible News Prophecy YouTube channel discussing various views and scriptures about that:
“Bringing you news and analysis of world events in light of Bible prophecy.” This one of the mandates of the Continuing Church of God. The Beast of Revelation is shown as controlling all buying and selling. Might CBDCs fill a role in that control? The Bank of International Settlement predicts there will be at least 9 CBDCs in circulation by 2030. Globalists would prefer a faster pace. What nations or groups of nations are pushing for a Central Bank Digital Currency? There is one group of nations that has claimed it wants to be the dominant force in a CBDC. Will this group of nations become a tie-in to the 666 Mark of the Beast? How close are we to CBDCs? Dr. Thiel uses verses from Bible prophecy to shine the light of understanding on the dangers of the coming Beast power and the cashless society promised by CBDCs. You can read the corresponding article to this video titled “Yes, there are threats of cashlessness, most in NZ, Canada, the US, & Australia oppose CBDCs, yet the IMF continues to push for CBDCs.”
Here is a link to our video: CBDCs and a Cashless Society.
The European ‘666’ will arise and control buying and selling.
We also know that 666 financial controls will be put in place in Europe, and likely elsewhere. While CBDCs, of themselves, are not the ‘Mark of the Beast’ they look to be involved in the type of controls the Beast and his associates will implement.
Globalists have been working on putting in such controls for a long time.
Related to CBDCs, the globalist World Economic Forum, and prophecy, we also put together the following video on our Bible News Prophecy YouTube channel:
World Economic Forum, CBDCs, and 666
Are there concerns about CBDCs (Central Bank Digitial Currencies)? The Summer meeting of the World Economic Forum (WEF) was held from June 27-29, 2023 in China. Did WEF speaker and Cornell University professor Eswar Prasad warn of CBDCs could “take us to a pretty dark place’? What did the European Commission say about the future of a digital euro and various protections the same week? Is the tweeted statement, “No one will be able to control how you use your euros” false in the long run according to biblical prophecies, such as Revelation 13:16-18? Is there a real ability to program a CBDC with an expiration date as well as restricting what it could be used to purchase? Has monitoring of purchase transactions been proposed by various European leaders? Does the EU already have a potential enforcement arm of ‘666’? Has the European Central Bank said that cash was “not fit for the digital economy’? Are we moving more towards a cashless world? Are things really changing towards that? Steve Dupuie and Dr. Thiel discuss these and other matters.
Here is a link to our video: World Economic Forum, CBDCs, and 666.
Yes, Europe will adopt some type of digital currency.
It will take the coming Kingdom of God to fix what is coming.
Some items of possibly related interest may include:
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is are links to related videos: European history and the Bible, Europe In Prophecy, The End of European Babylon, and Can You Prove that the Beast to Come is European? Here is a link to a related sermon in the Spanish language: El Fin de la Babilonia Europea.
The Mark of Antichrist What is the mark of Antichrist? What have various ones claimed? Here is a link to a related sermon What is the ‘Mark of Antichrist’?
Mark of the Beast What is the mark of the Beast? Who is the Beast? What have various ones claimed the mark is? What is the ‘Mark of the Beast’?
25 items to prophetically watch in 2025 Much is happening. Dr. Thiel points to 25 items to watch (cf. Mark 13:37) in this article. Here is a link to a related sermon video: 25 Items to Watch in 2025.
Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? What about other peoples? Do you really know what will happen to Europe and the English-speaking peoples? What about Africa, Asia, South America, and the Islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNA; Lost tribes, prophecies, and identifications; 11 Tribes, 144,000, and Multitudes; Israel, Jeremiah, Tea Tephi, and British Royalty; Gentile European Beast; Royal Succession, Samaria, and Prophecies; Asia, Islands, Latin America, Africa, and Armageddon; When Will the End of the Age Come?; Rise of the Prophesied King of the North; Christian Persecution from the Beast; WWIII and the Coming New World Order; and Woes, WWIV, and the Good News of the Kingdom of God.
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