Ringman,
I agree. But it's back to faith buy the spender and faith by the seller. Also it's back to faith in the lender who loaned the virtual money to the borrower.
The fact remains that it is all virtual. Faith in virtual reality is blind faith.
Eventually reality steps in...and blows virtual reality away.
An interesting read is the "Creature From Jekyll Island". It details the forming an the implementation of the Federal Reserve System in the U.S. It all occurred right here...right off the coast of GA.
The Federal Reserve System is so diabolical that it's implementation has been ongoing for centuries. Some trace the roots of it to the Roman Empire.
Some even suggest that the wealth of the word has always been under the control of just a minority ultra select (wealthy) families, or dynasties, for hundreds of years.
I'm looking at your tag line. If you believe "Only Christ is the fullness of God's revelation", then you know there is more Revelation in the Scriptures.
A cashless society is coming...just as sure as Christ came and is coming again.
All of your banking records are digitized. When was the last time you received your checks in the monthly reconciliation statement. They do not exist. Your cashed checks are digitized.
All of your medical records are digitized.
Three credit reporting agencies hold your financial history in digital form.
Every thing there is to know about you can be implanted under your skin in the form of a microchip the size of a grain of rice. This can be scanned in much the same way as your credit or debt card is scanned. The technology is here. Ever go through the check-out at Walmart and just "tap" your debit card against the screen?
The Anti-Christ will solve the world's debt by simply erasing it. That's just my humble opinion. This will cause the rumble of war. But He, the Anti-Christ will offer a solution to the Nations that makes sense. He will also bring peace in the Middle East for 3.5 years proving his wisdom and charisma...after that...all Hell will break loose.
At this point in history, do you really believe that anyone holds the answer to the world's finances? The Nations clearly do not.
We are all floating on a sea of mutual self delusion. It will come to a crashing halt. This time Globally.