Yes, this beast forces the inhabitants of the earth to worship the first beast. During the Dark Ages if many did not worship as the Pope directed, they suffered the results of the Inquisition and were put to death. Thankfully this power was removed in 1798 from the Roman Papacy and that beast was not any more.
Revelation 17:8
8 The beast that thou sawest was, and is not; and shall ascend out of the bottomless pit, and go into perdition: and they that dwell on the earth shall wonder, whose names were not written in the book of life from the foundation of the world, when they behold the beast that was, and is not, and yet is.
Will the Papacy regain its powers that it had during the dark ages? Is it the beast that was, and is not, and yet is?
Revelation 17:8 is about Nero.. this all happened in the 1st century just as Jesus said it would. By what authority did Joseph Smith rewrite the scriptures?