Dave Warn suggested we dedicate this next discussion to specifically review socialism (since most of our discussion last time focused on capitalism).
Discussion Questions:
How has socialism become so popular in the USA again? With the Democratic Party turning hard to the left (and the emergence of Bernie Sanders as a young person’s populist). Especially with the next generation, under the kindler friendlier guise of “Democratic Socialism”?
So, what is Democratic Socialism, how does it differ from historical socialism, communism, and marxism?
Is there “socialism” in the bible? We examine “they held all things in common” in the early church and the book of Acts (Acts 2:44 & 4:32).
Why is secular humanism (even atheism) so closely tied with socialism? And why has the Democratic party moving away from God (yet trying to retain some mentioning of God in the general elections). Witness the democratic conventions past several cycles.
Since we used Milton Friedman as somewhat of a foil as a “villain” in our discussion of capitalism, let’s now turn to him as a foil discussing socialism as a “sage”. As I mentioned last time, while I disagree with Friedman’s puritan Adam Smith philosophy, I I actually think Friedman was a brilliant mind (and debater) who had some great points especially about freedom. Here is one of them:
A society that puts equality—in the sense of equality of outcome—ahead of freedom will end up with neither equality nor freedom. The use of force to achieve equality will destroy freedom, and the force, introduced for good purposes, will end up in the hands of people who use it to promote their own interests.
Milton Friedman
Finally, how do we deal with socialism’s valid criticisms of the current capitalistic system? The wealthiest 1% vs. the 99%? The greed and corruption? The crony capitalism? The abuse of the poor?
If these are valid issues (sin in God’s sight), do we need to repent and course correct in the USA / Western Church?
And how does all this relate to God’s people being commanded to “come out of Babylon” in Revelation 18:4?
We discuss the differences between Capitalism and Socialism, and then examine Biblical Economy as it differs from both according to scripture. We also get into the prejudices of each and how each has become woven into a type of “sacred cow” system politically in the US in the form of Conservative Republican Crony Capitalism vs. Progressive Democratic Socialism (which is like Socialism riding the back of Crony Capitalism’s profits), which each has its partial truths, but then gets it twisted together with sin/falsehoods, especially the greed, fear and idolatry of money.
Abbreviated and Paraphrased History of 3 economic models:
Capitalism
Adam Smith generally considered the “Father of Capitalism”, though the term came later. He wrote about the “Invisible Hand” in and free market theory in Theory of Moral Sentiments 1759 and the Wealth of Nations in 1776 which focused on free markets (laissez-faire vs. planned economy) and unqualified benefits of “the self-interest”.
He identified with the Age of Enlightenment 1700-1800s through mentor David Hume and others, where reason supplanted concepts of being under “superstition of the gods”, adopting the philosophy of Descartes “I think therefore I am”.
Karl Marx birthed the term Capitalism in 1867 (see below)
John Maynard Keynes comments on the volatility and irrationality of free markets using the term “Animal Spirits” in his 1936 work The General Theory of Employment, Interest, and Money, which describes the business cycle in a free market economy.
Milton Friedman NYT article 1970 publishes the “Friedman Doctrine” further refining what modern capitalism is in its purest form
Effectively separates corporate action “a corporation is not a person” from individual moral responsibility. There is no moral responsibility beyond “profit” as long as it is made “within the rules” (presumably of current law).
Socialism
Marxism does not have a basis for law, only a critic of law at the time, which was common law
Karl Marx and Friedrich Engles published the Communist Manifesto 1848, The Condition of the Working Class in England 1848, and Das Kapital 1867, highlighting injustices in the industrial revolution and exploitation of workers to justify an alternative economy
Lenin implements Marxist ideas into Communism of the Soviet Union. China, Vietnam and other nations followed. Soviet Union collapses in 1989.
Progressive movement forms in USA under Woodrow Wilson 1900s, FDR 1930s growing the role of government and the taxes to support it, moving towards socialism
Biblical Economy
“Stand at the crossroads and look; ask for the ancient paths, ask where the good way is, and walk in it, and you will find rest for your souls.” – Jeremiah 6:16
Edenic Covenant (or Adamic Law) – Sabbath, permission (Tree of Life) and prohibition (Tree of Knowledge), etc.
Noahic Covenant / Noahide laws (seven laws) – including no idolatry, courts of justice
Abrahamic Covenant
Mosaic laws – range of law including economic, moral and ethical; the power to produce wealth is to confirm covenant that God made with his people (Exodus 8)
New Covenant in Jesus’ blood – sermon on the mount focusing on the heart, even before the act
The matter of charging interest in scripture. And recourse. We look at the Pilgrims and 400 years later in America. We also look at the creation of the Federal Reserve and what was good or bad about it.
What does the Bible have to say about charging interest to the poor? Profiting from the poor? And what does the scripture say about charging interest to “fellow Israelites”? Why? How is this in conflict with the very essence of our depersonalized financial system today? With fractional reserve “recourse lending” at “interest”? The “yield curve” of the debt market? And the lack of moral accountability behind “shareholder’s interests” and the relentless pursuit of “earnings per share” today?
How does modern day bankruptcy differ from the biblical Shmita idea of forgiveness of debt? The Jubilee?
We examine the “debt” and “equity” the Pilgrims took on 400 years ago with John Pierce and the London investors group known as the “Merchant Adventurers”. They, in turn, had made a land deal with the Virginia Company, having renegotiated it via the “Pierce Patent” circa 1621. 10 years later, the Pilgrims were able to settle their obligations through the “Bradford Patent”. We look at the potential Biblical parallel of Israel being enslaved for 400 years in Egypt. Toward the end it got so bad, Pharaoh required God’s people to “build bricks without straw”. Are we in a similar situation today with our utter dependency on the Fed and our financial markets?
We look at the creation of the Federal Reserve via the Federal Reserve Act of 1913. It is often said, the Fed is neither owned by the Federal government, nor is actually required to carry any “reserves” by statute (as one traditionally thinks of reserves; gold for instance).
Did Christ teach on interest? Yes – he mentioned interest in the parable of the talents Matt 25:27 “interest with the bankers”, yet says in beatitudes says do not expect anything in return from even your enemy Luke 6:34-35. So what did he mean?
biblical usury – is the prohibition on high interest or any interest?
modern day interest in our present day Fed banking system
Recourse
do not require a pledge of essentials – Exodus 22:25-27
return the pledge – Ezekiel 18:7
do not oppress anyone- Ezekiel 18:7
“And if he cries to me, I will hear, for I am compassionate” Exodus 22:27
Debt forgiveness
The “Shmita” debt forgiveness cycle – forgive every seventh year – Deut 15:1
even if the loan was made in the sixth year, don’t be like that! – Deut 15:9
The “Jubilee” returning of lands and freeing of slaves – Lev 25:8-12
“I choose other” The New Breed of Investment and Capital Structure
Other critical issues:
The responsibility of the borrower
Repay what you borrow
The responsibility of the lender
Freely lend – Leviticus 25:35-36
Don’t oppress the borrower
Forgive debts every 7 years
Return mortgaged lands to family every 7×7 years
The principal behind asymmetrical giving and receiving
God is the mediator, not man
God is the judge, not man
We don’t give to get, lend to get, help to get
We let God recompense us, if the person we lend to cannot repay
Not a quid-pro-quo
Business transactions between two parties, neither of which is disadvantaged
Grace for each side to give up something to the other
Don’t have to “take what’s yours”
Don’t view as fixed pie
Anyone willing to let the other have the bigger portion will be rewarded by the Lord
Business is an opportunity to give/help others before it is an opportunity to profit
Chuck spoke of times ahead here in the USA where Christians are going to have to relearn how to multiply food and resources, trusting heaven for miraculous intervention. This is what we refer to as the “electric” side of the “hybrid power” of the New Breed of Business. Very different from “money power”. Chuck mentioned 3 laws related to this:
the law of use
the law of multiplication
the law of reciprocity
“…we’re a very sophisticated society. But some way another we’re about to get desperate enough to act a little wilder”
Implications…
New Wineskin of Church
Bold and courageous – Joshua 1:5
People of God doing exploits – Daniel 11:32
Raise the dead, heal the sick, give sight to the blind
“We can’t be muzzled”
“We can’t be religious in this era”
form of Godliness but no power – 2 Tim 3:5
“It is a war season”
“Keys of Covenant”
“We’re pulling out the book again” (rediscover the Word of God)
Old Testament morals and ethics in business practices
Put your hand on someone and loose these three words:
Faith
Confidence
Awakening
Now, I want before we’re seated – I believe this gathering is this important. I don’t believe without Dutch Sheets Ministries stepping out in faith to gather us here and the hosting place of Oasis [Church] hosting us, that we could really see the pivot in this nation that we need to see. Let’s give a shout for these ministries.
Now we always want to thank Judah for going first. Let’s thank God for this [worship] team. Now bless someone. Stay socially distant and sit down.
This is a very interesting time that we’re living, in that we’re living in and I do want to encourage you during this time. Charisma asked me to write a book called the Passover Prophecies. And the reason that book is important for us is because we’re in an era of Passover. Not just one year, but we’re going to have to understand passing over and keep passing over. Now I want you to tell someone that we’ve got to keep passing over.
Time to Reset
I believe the Lord is training us in many ways right now. I believe that angelic hosts are visiting us and I believe we are in a moment of time when you hear the word Reset you think really: Time. That’s what – that’s the first thing you think. You think, well I need to reset my watch I need to reset my alarm. Look at somebody and say, “We need to reset our alarms”. And one of the things that I thought about when I usually have a lot of – a few power points to help us see things. But, what I thought about when I was thinking about this gathering is the phrase “Behold I do a new thing…” and that spoke Reset to me. And with that reset the whole context of that prophecy by Isaiah was this: the nation will go into captivity and yet in the midst of their captivity I already have a plan to do a new thing.
America has a Destiny like Israel
I believe we are at that place where God is saying: “I am activating my plan to do a new thing in America.” Let’s thank God for that. And really what He was saying to Israel was this – you have a destiny that I’m not going to let you let go of. And I really believe that’s what this reset meeting is about. I believe there’s a destiny that has tried to be pried out of God’s people’s hands in this Nation, and the Lord’s saying: “I have a plan and it’s more important for me that your destiny – the destiny of America come forth in this hour.” It is even more than you know in this nation and in this place that we’re in.
We are in a new era that new era began last Rosh Hashanah, not this the one we’ve just participated in. We’re in the Feast of Tabernacles. Right now this could not be a better timed gathering for our Nation than right at this moment. God had to have a people that would come together and tabernacle on behalf of a Nation and I know He is tabernacling with us here for a moment.
I really was beyond, being able to get up here and say anything because I felt the presence of our Lord so strong and His spirit so strong in our midst. This new era represents coming back in a divine return. It’s an era of divine return. We’re coming back face to face with the Lord.
That’s actually what the word “Pey” means in Hebrew. We’re coming “face to face”. But it also means what Dutch said when he was up here. It means you have a voice filled with My Breath. And if ever in a decade your voice must be heard it is now, saith the Lord.
And when [Dutch] said: “I will not be muzzled”, I cannot think of one person that I more honor and respect for the voice that he carries for this Nation. We cannot be muzzled this decade. We have to know this decade is about our mouth. This era is about our mouth. It’s about the voice that comes out of your house. Put your hand right here [points to chest]. It is about the voice that comes out of your house. Where He dwells, we must speak up.
We can’t be religious this era. We’ve got to say what we need to say, when we need to say it. Now, most people that know me know I stay in trouble most of the time doing that, but like never before we have to do this. And if we don’t…
We have now entered – we are now celebrating over the new year ahead, tonight. See we’re celebrating the triumph of what we will look like. You are a prophetic people. You’re not celebrating what’s just happening tonight. You are already celebrating what will be, this entire year. And this entire year is about Father realigning us. It’s about Father coming down. It’s about us becoming friend or foe. Let’s make a decree right now: “Lord, we want to be your friend in this Nation.”
War Season
It is a war season. I reminded Dutch of when we were in Chattanooga [TN] on October 8th, 2018. And the Spirit of God fell on us and the Lord began to prophesy: “You are headed into a swamp”. And He said for the next two years and four months this swamp will get so deep in this nation, and so much entanglement in this nation will come. He said it will look like a civil war by the second year as you enter in. I mean this is recorded. You can go and listen to it.
And [Dutch] said “What will this look like?” And I said, “Well I don’t know.” I know I walked through a swamp once. And I know what that looked like as I saw [water] moccasins fall down. And I saw all sorts of creatures and I wondered if I would make it through the swamp.
But it – we are living in probably the most tumultuous times that we have known. And yet we’re a very sophisticated society. But some way another we’re about to get desperate enough to act a little wilder than we’ve ever acted. Meetings like this are very key for us if you want a picture of what this year looks like. It looks like the Lion of the Tribe of Judah facing off the dragon that you read about in Revelations chapter 2. And right in the middle of it is you.
Therefore, your voice is needed to tip the balance of what that war looks like. And that’s every one of us in this room. You cannot be afraid of the conflicts ahead. Even what I saw before Jane got up here and prophesied I felt that an angel come down. I turned around to look to see him standing behind us and above us and I saw the words that are ahead. We have seen nations give themselves over and yet within those nations we’re crying out for those remnants to rise up again.
This nation has not yet given itself over. We have a strong remnant that is now rising up and we have to be a strong remnant with confidence because of what is ahead.
And this is what I want to leave you with. I see new keys falling down. Now Dutch is our key filling us up with his Isaiah 22:22. But I see keys to the Kingdom falling down. Keys for now. Weapons for now. Weapons for us to unlock mysteries and revelations and understandings that we’ve never unlocked. I seekeys of covenant coming down. I see keys of confidence coming down. We must be a confident people. That is the Old Testament word for faith.
Four Resets
And then when we talk about reset. I see four major reset areas that are happening.
One – Worship Prophetic
The first is a worship prophetic reset and it looks like this: it looks like when Abraham took Isaac up to Mount Moriah. And it really looks like this. Not what we have seen. It looks like Isaac having to understand the power of submission and laying on that altar in a way that he could only trust what the generation before him was saying.
Two – Generations
I see a reset this year between the generations. I see there must be a generation arise that say we believe in what we’re hearing we believe in what we’re hearing.
Just think if Isaac had kicked against that worship altar? See he wasn’t a kid – he was 38 years old. And without him fully submitting to the prophetic word that his forefather carried, he could not receive what was necessary for him to carry. That must happen this year. It must happen starting now.
And then I see a reset that is so key. And I call it: “The second generation Jezebel overthrow.” I come from a family that had lots going forward and many blessings. And I saw the enemy enter into that family and I will say this it took a second generation to overthrow the disaster of the generation before it. And we’re still warring for the next generation to overthrow it.
And it looks like Athaliah. See, God promised David he would always have someone on his throne to rule from heaven. To be aligned with Him.
What we’re doing here tonight is reseeding in this nation the Tabernacle of David again. The only time that that did not occur was seven years when Athaliah removed everybody. This was after Jezebel. It was worse than Jezebel. She removed. And her strategy was to get rid of David’s throne and any seed that could carry it forth. The Lord says, “Starting now we are in a war to see that throne for the seed” that God intends to rule this land be repositioned.
Three – Kingdom Justice
The third reset I see is this: it’s a reset for the re-establishment of Kingdom justice. And it looks like a combination of David and Hezekiah and Josiah realigning. Each one carried a certain portion hat had to come in place so something got overthrown so the next one could better get in place. Hezekiah had to do Passover twice to overthrow it. Josiah had to pull the book out again. I’d agreewe’re pulling the book out again. And we’re going to have to speak it. We’re going to have to speak it. It’s a plumb line to realign us into the atmosphere.
Four – Economic
[1:53:34]
And then the fourth reset I see is an economic reset.
See I have watched and been involved in both China and Russia since the early 80s. Therefore I know economic structures and I have seen them give over to an economic structure that is filled with evil materialistic selfishness.
America was meant to be the most giving nation in the earth. America was meant to prosper and to create a blessing throughout the earth.
This economic reset has been necessary to refocus us in on realigning us with the God of provision and because of that we are in probably one of the most incredible times in our history. We’re probably not even aware fully of the economic ramifications that are looming to control us and yet…
I decree right now – just as Yeshua would decree – we are now resetting an economic system.
You say what does that look like?
It’s what looked like at the time where He reset his authority to move forward. John had his head cut off that was the last season. And the first thing the Lord taught his disciples after John’s head was cut off was – we’ve got a following now going on.
People are following and they turned to Him and they said you need to tell them to go home. I’m here to tell you we can’t go home. If ever we must gain momentum and follow, it is now.
And you know what? He looked at his disciples and said – He said these people are going to fall out on us. They’re going to die on us if you don’t – if they don’t go home and eat. They can come back and hear you some other time.
And He said you know what? You’re not sending them home. You’re going to feed them. And let me teach you something about the law of use, and the law of multiplication, and the law of reciprocity. I am here to tell you. And then all of a sudden they found a small handful that a lunch that a young boy had and it fed and fed and fed and they kept moving forward.
I want you to decree right now that provision is coming to keep us moving forward.
Listen there’s some people out there that have deep pockets. Decree their pockets start emptying up. Decree that things start moving forward. This decree that we have the provision to create a movement like this and keep it moving forward.
Matter of fact, I think right now we need to be able to give and worship. I want you to stop right now and say: Lord, there is a provision for this movement that I am giving into right now. You make your check out – you give on the web out there. If you’ve ever given you need to give now and say we are giving in to the pivot movement that will save a nation and restore a harvest movement from this land, How it was meant to be sent forth? I don’t know of anybody that I would give more into than Dutch Sheets Ministries.
And I right now – this is you – always bring an offering during Feast of Tabernacles. You bring a feast offering and do you know what it’s called? It’s a memorial offering that God remembers until this time next year. Every time you need, He will remember this offering and some way your need will be met.
See this reset is linked with us seeing into a dimension that we’ve never seen into before. It’s linked with us not looking at what we’ve got but what is out there that God is saying: ”I want you to get. I want you to bring in. I want you to hold it up. I want you to break it open. I want you to bring it to Me. I have got ways to multiply.” What you do right now – that will sustain you into the future.
Restore
I have watched the Lord do this. He promised me this when I was eight [years old]. That He would restore what had been lost in our family. I have watched Him over 50 years almost repeat day after day and do that. He has ways beyond us and right now.
He’s activating a reset of our economic way of thinking
And I want us to do this. I want us to stand up. I want us to hold this Tabernacle offering up. I want Jeremy to lead us. I want us to wave it before the Lord. That’s what they would do they would bring their tabernacle offering. And they would bring it on behalf of a nation.
I don’t know of another gathering going on like this right now this weekend. I watched last week at the beginning of it where Washington was being covered and people crying out. This is a time we must shift into this divine return and reset. Say it: divine return. Say: divine reset.
You need to decree over your harvest – your storehouse – a divine reset. Decree it right now. Decree it. Speak into that gift. If you don’t have a gift, get some. Get something from somebody. You need to say: “This is a divine moment to reset our future.” Reset our provisions. See, the reset Abraham did? God came down as Jehovah Jireh and said: “Let me show you your provision.” At the end Yeshua did the same thing. He said let me show you your provision and how to multiply. Just wave it before the Lord. Let’s worship with it.
This week I had a vision and I saw many in the body of Christ looking through what looked like ‘viewfinders’. These viewfinders looked like ones children use and you push the lever on the side and what you see changes. I watched as the enemy was prowling through the body of Christ and he was coming against many that were feeling defeated, tired, and downtrodden and they felt like they were losing their ‘fight’. I saw the enemy come slithering up alongside them and he began to press the lever and the view would change. The picture they were seeing was then not the accurate one. I then heard the Lord say “Pray in the spirit and pray the Word for the enemy is attempting to change your view.”
As God’s people prayed in the spirit and prayed the Word of God I saw the kids viewfinders turn to telescopes. The Lord was speaking about an upgrade of sight and prophetic vision of what is to come. In the praying in the spirit and praying the Word was a covering and shelter upon them to stop the enemy coming and changing the scene.
I heard the Lord say “The enemy is tampering with vision. It is very important right now to be asking for wisdom (James 1:5) and discernment for the enemy is coming against many of My people in such ‘sly’ ways to ‘change the vision’ and ‘change the scene’. There is an unprecedented upgrade in heavenly wisdom, insight, and understanding and the enemy is attempting to ‘change the scene’, to cause My people to despair, to cause My people to feel hopeless, discouraged, and feel weighed down.
For this is the hour that I am awakening My people to the POWER of My PROPHETIC VOICE. This Is the hour where I am awakening My people to My power that they walk in when they are walking in heavenly vision, wisdom, and strategy. The enemy is working hard to bring confusion and heaviness against My people and cause such deep despair that they lose hope in the vision I have given them. But I say unto you My people, pray in the Spirit and pray My Word and watch the enemy flee. The enemy is attempting to lull you back to sleep with deceptive scenes that are not from Me and are opposite to the Rhema words that I am speaking into your life for your life, for your cities and nations. You MUST remain awake and diligent and vigilant in praying in the Spirit and praying My Word.”
THE SCROLLS FROM HEAVEN THAT CHANGE THE LANDSCAPE AND CHANGE YOU FOREVER
The Lord showed me that many that are being assaulted by this constant assault from the enemy ‘changing the scenery’ through his lies, his confusion, his deception to keep the Church asleep, without a voice, and hidden in the shadows. The Lord showed me that the enemy is wanting the people of God walking around confused and living reactionary and on the defense rather than the offense.
I had a vision and the Lord began to show me that this is such a significant time right now, especially leading up to Rosh Hashanah. There are scrolls from heaven that the Lord Is releasing that contain insight, revelatory understanding, and wisdom for the new Hebrew Year and this era that contains such strategy and specifics of the Lord’s intentions that as God’s people receive, embrace and obey what is written on these scrolls that there will be significant shifting of landscapes as we know it, and the revelation contained within these scrolls is so deep, the mysteries of God (Daniel 2:22) so profound that engaging with the Holy Spirit in ‘eating’ these scrolls will bring incredible transformation to God’s people. I watched as boldness filled God’s people in the revelation of what the Lord had spoken and written upon the scrolls. I watched as God’s people were full of vision, clarity, and insight. I watched as the fear that had muzzled them and the haze of confusion suddenly broke off and a conviction of the word of the Lord burned deeply within them.
The Lord spoke again “What is contained on many of these scrolls is for NATIONS. As these scrolls are received, as they pray, intercede, and decree what I have written on these scrolls, and as they release and obey the strategy I am releasing in My wisdom, it will change the TERRAIN of NATIONS.” The sense then surrounded me SO strongly of Habakkuk 2:14 “For the earth will be filled with the knowledge of the glory of the Lord as the waters cover the sea.” (ESV)
RECEIVING THESE SCROLLS WILL CHALLENGE AREAS OF UNBELIEF AND IGNITE NEW LEVELS OF FAITH
The Lord showed me that these scrolls will EXPOSE and CHALLENGE areas of unbelief in hearts. There is an invitation contained within these scrolls to partner with heavenly wisdom and heavenly VISION. In the exposing and challenging areas of unbelief in the heart, repent and align yourself with what the Lord is speaking and what He is revealing, will ignite new levels of faith in God’s people and the invitation will be weightier than it has been to ‘live from your seat’ (Ephesians 2:6). It is IMPERATIVE to embrace and align with what the Lord reveals on these scrolls. It is time for the body of Christ to align in greater ways with the Word of God, His wisdom and what He is speaking (Matthew 4:4)
The Lord is going to demonstrate the POWER of His prophetic voice in this hour and He is looking for those who are not living on the ground and living in the natural realm, He is looking for those who are living from their seat and will take Him at His Word no matter what it looks like or what the cost. The Lord wants all to receive these scrolls He is releasing in this new era, but pride, opinion, presumption, and assumption, will hinder many from receiving these scrolls. It those that are walking in humility, purity, tenderness of heart towards the Lord, truly friends of God that are going to be the ones that will carry and operate in the wisdom contained on these scrolls.
The enemy is fighting many hard right now to ‘confuse’ vision and change the ‘view’ because there is a significant increase of heavenly vision, wisdom, and clarity upon God’s people that are positioned, asking, and waiting for it. (Proverbs 8:34-35 TPT) Keep praying in the Spirit and pray His Word and watch the enemy flee
Discussion: The future of Crypto Currency and its potential role in Kingdom Finance
Crypto currency is a specific form of digital currency. It has interesting attributes, such as block-chain technology, a decentralized and distributed ledger, its “mining” system of replicating the ledger. It is also part of what is newly being termed as DeFi, or “Decentralized Finance” (as opposed to traditional banking centralized systems which are by design for data integrity – think about keeping accurate, real-time bank balances).
If you want to take a deeper dive on some of this stuff, you can find a recent article in Forbes here:
Outside of the banking regulation regime and Federal Reserve
Hard to cheat due to the transparency of the distributed ledger
Some early adoption being accepting as currency and alternative to settlement / payment in the central bank currencies and systems
Technology allows for trusted exchange of value online (digitally)
Anonymous
Cons of Crypto
Bitcoin and other early adopters have history of criminal activity driving usage and price. Drugs. Prostitution / Human Trafficking. Porn.
Fiat currency – nothing of substance or value back cryptos
Bubble currency – crypto has a large draw to many speculators because of a “gold rush” mentality. It is just going to go higher, so by low and sell high! This creates price instability and is a actually a big negative as a currency people can depend on, say to fight inflation and product price instability
Adoption hurdles for real world use – most transactions still not Crypto enabled
Block Chain compared with Crypto
What is block-chain technology and why should I care?
Crypto uses block-chain technology, but Crypto not its only applicability
Block chain is more the core technology behind Crypto – i.e., distributed data and transparency and availability of public record
Lessons learned from Bitcoin and Ethereum
Regulation and Federal Reserve
The Federal Reserve is studying crypto and digital currency for central bank use, here is their recent talk on the subject, including their collaboration in the Boston Fed and MIT (thanks to Merrick Fin for discussion idea):
How might the Fed use digital currency in days ahead?
What does the regulators and the Federal Reserve think of Crypto?
How might the Fed adopt a digital currency pf their own in the future?
How could a cashless society benefit, hinder or even control US citizens? God’s people?
What are the alternatives?
Kingdom Applicability of Digital Currency, DeFi, Block-chain, and/or Crypto:
Technologies could be utilized to create an “off-the-grid” alternative away from dependence on the Federal Reserve banking system
Resources could not be reclaimed by regulators through a “bail-in”
Could be utilized to help create alternative currency that was not tied solely to USD, or to the USD at all
Could be combined with local storehouses concept to create local resource pools that back a digital currency
Such asset-backing will stabilize the value of any alternative currency
A “New Breed” of Kingdom culture, education and discipleship in the area of commerce / finance would need be part
Kingdom elders in a region can provide governance aspect, even judiciary aspect
Distributed / decentralized aspect fits to the broader Kingdom networks across geographies, affinity groups
Analogy of Christians going on pilgrimage to the Holy Land during the crusades and how they could put their money “on deposit” with the Knights Templar who were a Catholic military order who established the first modern era banking concepts across geographies
Related Chuck Pierce Dream Excerpt
I realized that I needed to update my wife, Pam, on my location and what I was doing. I went to use my cell phone to call her but knew it was not the proper way to communicate. It’s not that I couldn’t use my cell phone—I just knew that by using it, I would thwart the business that we had in the port. In other words, the line was not secure.
By this time, I was in a lounge at the port. I noticed a land-line. I unplugged the phone and the line from the wall and brought it into a glass business center setting. I tried to use the landline but couldn’t get through and realized I needed a certain code to access an outside line. So I couldn’t use the landline to connect with my wife. I knew I could figure out the code but also realized that was not the right mode of communication in this case.
The barge captain came into the lounge and asked if I was trying to use the phone. I said yes. He said, “Using the landline will cost you an exorbitant rate, and you need a code. Let me bring you another device for communication.” (I had the impression that someone would trace a landline call to me because of how large the bill would be.)
The captain returned with a new hidden device. This was an odd pay phone looking thing about the size of a watch box. I realized that to activate the phone and make a successful connection, a portion of the device had to catch a coin from our current US dollar economy. Once the device was activated, there was a money clip—like wallet/phone that I could use to make my call. This portion of the device, however, required some sort of new currency to activate and operate the device in order to have successful communication.
This currency was like crypto-currency, but it was something else—and I knew I didn’t have the proper currency to operate the device and make my connection. Only this new currency could operate the device, and some way or another the currency had a chip in it that would cause the device to work.
Chuck Pierce May 6th, 2020 dream excerpt from “Passover Prophecies”
Chuck’s interpretive excerpts
Somehow gold is key in the new currency
Israel is a key
Israel can help us realign our communication and commerce
Now we must realign with Israel for trade. When Israel was maturing as a modern nation, many other nations resisted trading and working with Israel. It had to learn creatively how to grow, produce, and use its own food and to develop many other innovative products, devices, and systems. This will be similar for our communication in the future. Israel will help develop ways for us to communicate so our trade system will flourish.
Possible Interpretative Keys
Phone represents communication
Phone can also represent prayer or prayer networks
Landline – old tech banking (Fed Reserve USD)
Exorbitant rate -> hyperinflation of old system?
Currency represents means of exchange
Currency also could represent God’s means of exchange through favor / access through the phone device
Pam, Chuck’s wife, could represent the Church and prayer networks
Barge captain liken to Jesus
There seems to be need for new ideas, wisdom / shrewdness in all of this
Jesus has the keys / blueprint for “the device”
Money clip / new phone device could be related to Fintech style “App” on a phone (mobile device)
Like crypto, but yet not crypto could be a type of digital currency that is non-USD based with the tech of crypto (block chain), but not BitCoin or Ether or look-alike fiat speculative currency
Chip in it – technology based – could include embedded chips like credit cards now have to help securely identify
Somehow gold is key in the new currency – instead of a digital currency based on USD, it could be based on gold and/or basket of value that includes gold (silver, copper, platinum, palladium, other currencies, grain, water, etc.)
Catch a coin from our current US dollar economy – built inside the US governance, law and economy and includes ability to transfer USD into new currency
New Hidden Device – hidden from view of enemy, new in that it is newfangled tech and idea
Israel is a key – integrated with Israel economy / trade / currency / communication somehow – which has been supernaturally blessed by God since 1948 in many ways
Discussion: Timing of economic troubles and other biblical prophecy
… from Issachar, men who understood the times and knew what Israel should do
1 Chronicles 12:32
We know in part, we see [prophetically] in part…
1 Corinthians 13:9
Timing is important. We plan our days around it. We go to work at a certain time. The kids go to school at a certain time. In Ecclesiastes 3, we are told there is a time and season for everything. So as believers, timing and planning are important, yet we live by faith, not by site (2 Cor 5:7). Of course the future is not known, but the Word of God can guide us.
Teaching point: In the prophetic, timing is often the hardest part to get right in understanding or interpreting a prophetic word from the Bible or otherwise. In the prophetic, we are taught that when timing is put on a prophetic word, that prophecy will be known to be true or false by its declared timing (read Jeremiah 28:10-17).
Economic Timing
When will the USD collapse?
When will the Federal Reserve banking system fail?
When will the markets crash?
Is the US financial economic system of Fed Reserve capitalism the Harlot Babylon of Revelation 18?
Will China replace America as the lead economic power and is it the final Babylonian system discussed in Revelation 18?
What is the prophetic parallel of Egypt and Israel is to USA and the Church?
What is the meaning of 400 years of slavery of the Church … 1620 – 2020?
Premise: USA and its financial system have been under multi-wave financial judgment liken to Egypt’s seven-fold judgment of Ezekiel 29-32, which was a 40 year prophecy.
Assumption: We are in perhaps the 3rd wave of this judgment with CV19 – 9/11 and the 2008 financial crisis being the first two waves. If we are in a seven wave type judgment, we could be talking another 4 waves over 20 years before the fullness of the humbling transpires. Potential dateline 2000-2040.
Related: The Pilgrims landed in 1620. Signed the Mayflower Compact 11-11-1620. This year is the 400th year celebration. If our economic system is liken to Egypt and its system of slavery, are we in the same window of time God dealing with ending slavery of the Israelites (economic slavery of the church)?
Data Point: Chuck Pierce in 2012 on 40 year prophecy of the rise of China (1986-2026): “By 2026, the Chinese could actually rule the world and Russia would begin to submit to their leading.”
Question: Is the judgment currently on the USA right now, the same judgment of the symbolic economic Harlot Babylon of Revelation 18? If so, could China represent part of the beast that takes down the Harlot (Rev 17:16)? If not, China’s global economic system may take over as the final form of economic Harlot that is judged as per Revelation 18, with the USA having been humbled prior to this.
Timing of the Lord’s Return and the restoration of Israel
So how does all of this fit into the timing of the Lord’s return – which we know is certain – yet many have falsely prophesied that it would have already happened? Where does the rapture fit into everything? So many questions !?!
When will the Lord return?
Are we in the midnight hour? (parable of the 10 virgins Matt 25)
When will the man of perdition be revealed (2 Thes 2:3)?
When will the economic system of the mark of the beast Rev 13:18 come to pass?
Who are the two witnesses of Rev 11? And when will they be in play?
Is Macron the anti-Christ and Pope Francis the false prophet?
When will 2/3 of Israel die (Zech 13:8)?
Is the War of God and Magog (Ez 38-39) the same as the battle of Armeggedon (Rev 19)? When will they occur?
Will the church be raptured before Christ’s return, and if so, what about the Jewish remnant and the one new man?
What does the man-child prophecy of Rev 12 mean? The timing?
Teaching point: Let us remain childlike in our faith, look to the Lord for wisdom and remain flexible, teachable and humble as clay under the potter’s hands. Let us “be ready in season and of season” 2 Tim 4:2. Let us build now toward the future of forever, as “the bride without spot or wrinkle”. Noah built the ark over the course of 120 years. He did not know when the flood would come, but he was ready. He was not in sin. But let not our readiness be confused with presumption, either cutting corners because we are premature, burying our talents thinking time is short instead of planting and reaping in the Kingdom (a form of the wicked servant Matt 25:25), or in sin because we think He is forever delaying His return (Matt 24:45-51) and God’s grace allows such presumptive sin.
Key Scriptures regarding the Lord’s timing
Little children, it is the last hour; and as you have heard that the Antichrist is coming, even now many anti-Christs have come, by which we know that it is the last hour.
1 John 2:18
When you see all these things, know that it is near – at the doors. This generation will by no means pass away till all these things take place
Matthew 24:33-34
But of that day and hour no one knows, not even the angels of heaven, but My Father only. But as the days of Noah were, so also will the coming of the Son of Man be. For as in the days before the flood, they were eating and drinking, marrying and giving in marriage, until the day that Noah entered the ark, and did not know until the flood came and took them all away, so also will the coming of the Son of Man be. Then two men will be in the field: one will be taken and the other left. Two women will be grinding at the mill: one will be taken and the other left. Watch therefore, for you do not know what hour your Lord is coming. But know this, that if the master of the house had known what hour the thief would come, he would have watched and not allowed his house to be broken into. Therefore you also be ready, for the Son of Man is coming at an hour you do not expect.
Matthew 24:36-44
But concerning the times and the seasons, you have no need that I should write to you. For you yourselves know perfectly the day of the Lord will come like a thief in the night. While people are saying, “Peace and safety,” destruction will come on them suddenly, as labor pains on a pregnant woman, and they will not escape… let us be awake and sober… putting on faith and love as a breastplate, and the hope of salvation as a helmet. For God did not appoint us to suffer wrath but to receive salvation through our Lord Jesus Christ. He died for us so that, whether we are awake or asleep, we may live together with him. Therefore encourage one another and build each other up…
1 Thessalonians 5:1-11
Then they gathered around him and asked him, “Lord, are you at this time going to restore the kingdom to Israel?” He said to them: “It is not for you to know the times or the seasons the Father has set by his own authority. But you will receive power when the Holy Spirit comes on you; and you will be my witnesses in Jerusalem, and in all Judea and Samaria, and to the ends of the earth.
Acts 1:6-8
When it is evening you say, ‘It will be fair weather, for the sky is red’; and in the morning, ‘It will be foul weather today, for the sky is red and threatening.’ Hypocrites! You know how to discern the face of the sky, but you cannot discern the signs of the times.”
Matthew 16:2-4
Let no one deceive you by any means; for that Day will not come unless the falling away comes first, and the man of sin is revealed, the son of perdition, who opposes and exalts himself above all that is called God or that is worshiped, so that he sits as God in the temple of God, showing himself that he is God
2 Thessalonians 2:3-4
Bob Jones on Timing
What is the Lord doing? I brought a 100 year prophesy for a long time, let’s look at it. The 1950’s reveal the power of God. William Branham, Oral Roberts, AA Allen. The 1960’s reveal the Spirit of God. The Holy Spirit invaded the denominations. The 1970’s reveal the great teachers of God and they began to raise up. The 1980’s reveal the prophets of God. The 1990’s reveal the government of God. The 2000 would reveal the glory of God. You haven’t seen anything. Wait till you see the next two years! The 2010 would reveal the faith of God. It’s not have the faith “in” God, it is to have the faith “of” God. And it’s going to be those that have that earring in and hear what God is saying. And what you’ll do, you’ll proclaim it. And you’ll bring it into being. The 2020’s reveal the rest of God. To where you can rest from your labors and God will work His work through you in your rest and in your peace. The 2030’s will reveal the family of God. 2040’s will reveal the kingdom of God. 2050’s will reveal the sons and daughters of God. I only saw til 2060 and the church was still here and it wasn’t defeated by any means. It had really grown and looked a lot like Christ. So if you’ve got short range plans, make long range plans
Get ready for the glorious end-time church. “And I don’t know how long it will be…”
Bob saw 50 years, 100 years from now people are still getting saved.
Rev 2:1-7 Church in Ephesus – if you have lost your first love and love for people… Quit it. Get on your face. Start to love God and people again.
“Sometimes you can become so busy working for Him. You get so ambitious building yourself a church, not any of you are going to build a church. God is going to build His church”
“Spend more time making love to the Lord than I would working for Him”
Intimacy with the Lord is the key
“If the Holy Spirit gave you understanding of the stock market, you would own the stock market in 5 days”
Knowing the generation, but not the day or the hour
The reason I say that is because there’s a bit of confusion in the Body of Christ, because people mix up the fact that we can’t know the day and the hour. They use that to say that we shouldn’t know the season or the generation. Now you can’t know it unless you’re living in it. So it’s a bit of a tension, because how do you know if you’re living in it? But Jesus says if you’re living in it you need to know that. So He by design causes us to come into agreement with the Word and the Spirit so that we know by faith as we see the evidence in the Word and as it’s manifest in society by the working of the Spirit.
