×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Skip to main content
Tags: Religion | bible prophecy | bitcoin | cryptocurrency | mark of the beast

Bitcoin and Bible Prophecy: 5 Reasons the Cryptocurrency Shouldn't Be Considered the Mark of the Beast

By    |   Tuesday, 05 May 2015 04:46 PM

Some Bible prophecy advocates think Bitcoin — a form of digital currency — could become the "Mark of the Beast" mentioned in the New Testament's Book of Revelation.

The Mark of the Beast is thought to be among the characteristics of the "tribulation years," and some believe Bitcoin is in a position to fulfill the prophecy by becoming or morphing into the one-world currency the anti-Christ will use to gain economic control worldwide.

ALERT: When Do You Think Christ Is Returning? Vote Now

However, not everyone agrees. Here are five reasons some say the Bitcoin cryptocurrency shouldn't be considered The Mark of the Beast:

1. Could be a fad:  According to Catholic Online, Bitcoin's volatility, security issues and potential regulatory challenges raise questions as to whether it's just a fad.

2. Blockchain: Each Bitcoin contains a "blockchain" that keeps a record of every transaction made using Bitcoin since the system was initiated in 2009.

According to Omegashock, "As Bitcoin gains in popularity and usage, each blockchain will increase in size. Right now the blockchain for most Bitcoins is over a gigabyte in size. In the future the Bitcoin blockchain will increase to more than a terabyte. And THAT is just not going to work — especially if you are trying to create a global currency."

3. High Prices: Alan Greenspan, former Federal Reserve chairman described Bitcoin as "a bubble" that lacks intrinsic value, according to Bloomberg. In December 2013, Greenspan said that Bitcoin's prices as being unsustainably high.

VOTE NOW: Is Christ Returning?

He added, "There is no fundamental issue of capabilities of repaying it in anything which is universally acceptable, which is either intrinsic value of the currency or the credit or trust of the individual who is issuing the money, whether it's a government or an individual."

4. People respect dollars more: The change to virtual currency may come at a relatively slow pace because people have built up respect for currencies associated with nations, according to Catholic Online. People respect dollars, mostly because of their track record and relatively stability.

5. Bitcoin is a way to beat the Beast: Instead of being the Mark of the Beast, Bitcoin may be a way to beat that mark. According to Christian Money, "One of the key elements of the Mark of the Beast is to be able to prevent those that refuse to take the Mark from buying and selling. Bitcoins are decentralized and prevent any such control."

URGENT: When Do You Think Christ Will Return? Vote Here Now!

© 2021 Newsmax. All rights reserved.


FastFeatures
Some Bible prophecy advocates think Bitcoin - a form of digital currency - could become the "Mark of the Beast" mentioned in the New Testament's Book of Revelation.
bible prophecy, bitcoin, cryptocurrency, mark of the beast
420
2015-46-05
Tuesday, 05 May 2015 04:46 PM
Newsmax Media, Inc.

PLEASE NOTE: All information presented on Newsmax.com is for informational purposes only. It is not specific medical advice for any individual. All answers to reader questions are provided for informational purposes only. All information presented on our websites should not be construed as medical consultation or instruction. You should take no action solely on the basis of this publication’s contents. Readers are advised to consult a health professional about any issue regarding their health and well-being. While the information found on our websites is believed to be sensible and accurate based on the author’s best judgment, readers who fail to seek counsel from appropriate health professionals assume risk of any potential ill effects. The opinions expressed in Newsmaxhealth.com and Newsmax.com do not necessarily reflect those of Newsmax Media. Please note that this advice is generic and not specific to any individual. You should consult with your doctor before undertaking any medical or nutritional course of action.

 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved