It is a long existed story among the ancient Jews. That's why it is recorded in the book of Jude. Its significance as recorded formally in our Scripture is to confirm that Satan is a physical entity the same as Michael as an archangel of God.
Not only that Satan is a physical entity, but also that he's a scary one.
He is not scary to God, nor was he scary to God with us Christ Who walked in a fleshly body as we all do, yet He was sinless.
Since satan is not omnipresent like God, he relies on his unclean spirits to cause afflictions on mankind.
Most often when we are bombed with unreal problems, we become vulnerable to sin.
That was satans plan from the beginning and that's his plan today.
He is the accuser of the saints.
It will be nice to not be weighted down by the troubles on this earth.
We already have everything we need given by Christ to have authority over unclean spirits, and other supernatural beings that would destroy us if they could.
It reminds me of the rich young ruler, he had done everything right being obedient to God.
He could not follow Christ due to giving all his earthly possessions.
Most of us would throw it all away and follow Jesus if we were offered the opportunity.
Our possessions are not t h e problem in the Church age,our main problem is a lack of Faith.
Without it it is impossible to please God.
Each one of us has a measure of Faith unto salvation, yet we fall short of the fullness of God when it comes to mountain moving Faith.
Faith is written over 300 times in the New Testament.
Jesus exhorted those who moved by great Faith, most were Gentiles.
Jesus compared Faith to more powerful than a atomic bomb.
Just one tiny bit could toss a mountain into the sea.
Can anyone imagine the dominion over this earth if all in the Body had great Faith?
A devil could not be in our company let alone torment us.
Jesus taught on Faith constantly, yet one minute Peter is being praised the next we see him deny Christ three times.
Its simple,a lack of Faith is unbelief.
All of us suffer due to a lack of Faith, we suffer needlessly.
Readers may think I'm teaching a Word of Faith message, its not.
It is Bible truth and I do not have a answer for our lack.
One day we are on top walking in victory the next day we are about to lose our minds.
Thank God for his Grace toward us!
2nd Corinthians chapter 4 is a good read to build our Faith.
I can only imagine the three Hebrew boys in the Faith they had at the furnace of fire to be thrown in.
What would we say at a time such as that?
we can pray and ask God to increase our Faith that would be all I know to do.