The GENIUS Act And The Coming Cashless Society

The GENIUS Act and the Coming Cashless Society: Is Revelation 13 Unfolding Before Our Eyes?

August 2025 | By Jason Taft

On July 18, 2025, the United States government quietly signed into law one of the most transformative pieces of financial legislation in modern history — the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins). While it’s being praised as a step forward in financial innovation, for those grounded in biblical prophecy, it raises a far more pressing question:

Is this law laying the foundation for the cashless, end-times economy warned about in Revelation 13?

In this comprehensive article, we’ll break down exactly what the GENIUS Act does, why it matters, and how it connects to the Bible’s final warnings for the last generation.


 What Is the GENIUS Act?

Signed into law: July 18, 2025
Passed Senate: June 17, 2025 (68–30)
Passed House: July 17, 2025 (308–122)

The GENIUS Act creates a federal regulatory framework for private “payment stablecoins.” These are digital currencies backed 1:1 with the U.S. dollar or Treasury securities, issued not by the Federal Reserve, but by approved private companies like fintech firms and banks.

Key Features:

  • Only licensed entities (banks or state/OCC-approved) may issue stablecoins.
  • Stablecoins must be fully backed by cash or short-term U.S. Treasuries.
  • No interest/yield can be paid on stablecoin holdings (to avoid securities status).
  • Monthly audits and reserve disclosures are mandatory.
  • The law excludes CBDCs (Central Bank Digital Currencies).

It sounds harmless — even helpful. But when we step back and view this in light of global trends and prophecy, it becomes clear: the digital financial infrastructure for global control is being built right now.


 Global Momentum Toward a Cashless Society

While the GENIUS Act is U.S.-specific, the movement toward cashless economies is global:

Global Timeline of Cashless Trends

  • 2016 – India bans high-denomination rupee notes overnight.
  • 2020 – China launches trials for its digital yuan (e-CNY).
  • 2022 – Nigeria rolls out e-Naira, its national digital currency.
  • 2024–2025 – Over 130 countries begin exploring or piloting CBDCs.
  • 2025 – U.S. passes GENIUS Act to regulate stablecoins.

The global shift isn’t just about convenience — it’s about control. Governments and corporations want programmable, traceable, and regulated money.


What Leaders Are Saying

 Karoline Leavitt, White House Press Secretary

“This piece of legislation is going to make America the crypto capital of the world… The President opposes a central bank digital currency and signed an executive order banning it.”
White House Briefing, July 17, 2025

While the GENIUS Act doesn’t implement a government-run digital dollar, it normalizes private digital money — a stepping stone toward a fully digital economy.


 Caroline Crenshaw, SEC Commissioner

“We are pulling apart our own regulatory foundation … a dangerous game… Eventually … the tower will tumble.”
SEC Speaks Conference, May 2025

Crenshaw has been highly critical of what she sees as “over-accommodation” of digital finance. Her concern is that loopholes and reliance on intermediaries could endanger consumers and centralize control over time.


 Why This Matters: Infrastructure for Global Control

Digital money differs from physical cash in one major way: it can be programmed and restricted.

With digital-only currency, governments or institutions can:

  • Track every transaction you make.
  • Restrict where and how you spend money.
  • Freeze your assets if you’re considered “non-compliant.”
  • Tie your money to digital IDs or vaccine status.

Cash gives freedom. Digital-only systems grant permission — and that’s where the danger lies.


 Revelation 13: Buying and Selling in the Last Days

“And he causeth all, both small and great, rich and poor, free and bond,to receive a mark in their right hand, or in their foreheads:And that no man might buy or sell, save he that had the mark…”
— Revelation 13:16–17 (KJV)

We’re not in the Tribulation yet — but we are seeing the technology and legislation that could enable it. For the first time in history:

  • Global digital money is real.
  • Surveillance infrastructure exists.
  • Governments can control access to the economy.

The Beast system is no longer a distant fantasy. It’s technologically possible — and legally underway.


💬 FAQ Section

❓ Is the GENIUS Act the mark of the beast?

No — but it’s likely infrastructure that could support such a system in the near future.

❓ What’s the difference between stablecoins and CBDCs?

Stablecoins are private-sector digital dollars. CBDCs are government-issued, centralized currencies (like a digital dollar from the Fed).

❓ Will the U.S. ban cash?

Not yet. But digital incentives, retail policies, and regulation could phase it out without needing a formal ban.


⛨️ What Should Christians Do?

1. Wake Up Spiritually

This is not a time to be lukewarm. Prophecy is unfolding in real time. Draw near to Jesus, stay in His Word, and be led by the Spirit.

2. Prepare Practically

  • Keep some physical currency and supplies.
  • Avoid full dependence on digital-only services.
  • Build local community support and skill-sharing networks.

3. Speak Boldly and Biblically

Many are sensing something is wrong but lack biblical understanding. Share what you know with courage and compassion.

4. Stay Watchful

Scripture warns us to watch for the signs (Luke 21:36). The cashless system is only one piece of a larger puzzle — but it’s a big one.


✝️ Are You Spiritually Prepared for What’s Coming?

While prepping with emergency supplies and safeguarding your finances is wise, eternal preparation is far more urgent. None of us are promised tomorrow, and no digital system, bunker, or currency can save your soul.

What’s coming will test the world’s systems — but it will also test hearts.


🙏 A Prayer for Salvation

If you don’t yet know Jesus — or you’re unsure of your relationship with Him — you can start right now.

“Lord Jesus,
I believe that You are the Son of God.
I believe You died on the cross for my sins and rose from the dead.
I ask You to forgive me. Cleanse my heart and make me new.
I surrender my life to You today.
Fill me with Your Holy Spirit and lead me in Your truth.
I trust You with my life and eternity. In Your name I pray — Amen.”

If you just prayed that, I want to encourage you to visit this page:
👉 How to Know Jesus – Learn what it means to follow Christ, walk in the Spirit, and live for God in these end times.


🔧 Tools for Practical Preparedness

As we approach uncertain times, it’s not just important to be spiritually ready — practical steps matter too. I’ve compiled the tools and supplies I personally trust and recommend as a believer:

👉 Trusted Products for Faithful Preparedness – Equip your family with the essentials for physical survival, communication, emergency power, and more.


💬 Final Word: Don’t Just Read — Respond

If you’ve made it this far, this message was meant for you. The Lord may be tugging at your heart. Don’t ignore it.

  • 🙏 Cry out to Him.
  • 📖 Get in the Word.
  • 🪠 Prepare your household.
  • 📣 Warn others in love.

📣 Share Your Thoughts:

Are you preparing both spiritually and practically for what’s ahead?
What are your biggest concerns about the cashless society?
How can we help each other stay strong in faith?

Leave a comment below and join the conversation.

📍 If you found this helpful, please share it with others and sound the alarm. The truth is being suppressed — but the Word of God still stands.

2 thoughts on “The GENIUS Act And The Coming Cashless Society”

  1. The GENIUS Act sounds promising. It creates clear rules for private stablecoins, aiming to bring more trust and transparency to digital finance. By requiring full backing with cash or Treasuries, regular audits, and licensed issuers, it helps protect consumers while encouraging innovation.

    Unlike central bank digital currencies (CBDCs), these stablecoins are privately issued, offering potential benefits like faster payments and more financial access without direct government control.

    Still, it raises questions:
    Is this empowering private innovation — or quietly building the foundation for a fully digital, closely monitored economy?

    Reply
    • Absolutely — great points, and you’re right to raise those questions.

      The GENIUS Act does appear promising on the surface, especially with its emphasis on consumer protection, transparency, and fully backed private stablecoins. Requiring audits and licensed issuers can definitely help clean up some of the shady activity that’s plagued parts of the crypto space.

      But like you hinted, the deeper concern is the potential trajectory it sets. By standardizing and tightly regulating digital stablecoins — even if they’re privately issued — it could very well normalize a cashless, programmable financial system. Once society adjusts to that framework, it’s not a far leap to introducing government-monitored CBDCs or even restricting certain transactions under the banner of “compliance” or “safety.”

      So while the GENIUS Act may not introduce government-controlled digital currency directly, it might still be laying critical infrastructure for such a system down the line. And history has shown us that technological “innovation” can be a double-edged sword — empowering in one season, and restrictive in the next, especially without proper accountability and checks on power.

      Definitely something we need to watch carefully and pray over, especially in light of biblical warnings about end-times control systems.

      — Jason

      Prepared and Redeemed

      Reply

Leave a Comment