
The European Central Bank's chief economist has argued in an IMF publication that a digital euro is needed to safeguard monetary stability, counter private payment monopolies, and reinforce European unity. A centralised digital currency controlled by a supranational institution moves the world closer to the kind of unified, trackable financial system that biblical prophecy describes in the end times — where economic participation is controlled and monitored globally. Revelation 13:17 warns of a coming system in which 'no one can buy or sell' without approval from a central authority.