For Christ's love compels us, since we have reached this conclusion: if One died for all, then all died.2 Corinthians 5:14(HCSB)
The Cross of Christ most certainly paid the price for the sin of the whole world so that whosoever will may come. None are excluded from the forgiveness that flowed from the veins of the Messiah, which paid the price for all sin. None are excluded from this gift of God's grace. The only reason that some are condemned is through their own unbelief. They are condemned because they have not believed on the name of the only begotten Son of God.
The punishment for sin has been paid forever by the blood of Christ. The penalty of sin was paid in full for every man that has ever breathed the air of God, and condemnation is removed forever from all who believe that Christ died for their sins and rose the third day. God's required price for sin was paid in full for every man, and all who believe are not condemned.
But the blood of Christ has a secondary function for all who would believe in Him, for as well as the forgiveness of sins for every man, the power of sin was simultaneously broken in the lives of all who would one day trust in the only begotten Son of God, as Saviour. When He died, we who are His seed died in Him - we died with Him - His death became our death - and His resurrected life became our new life in Christ - our new nature.
It was at the time of Christ's crucifixion that the power of sin in the life of all who would one day believe in Him was broken. BUT at the point in time that we trusted in Christ as Saviour and became born-again as a new creation in Christ, the power of sin in our life was severed as a practical reality.
OH! we are not sinless for we still have an old sin nature, and if we say we have no sin we deceive ourselves and the truth is not in us, but sin and death have no power over our new life in Christ - our new born-again life.
Surely the love of Christ compels us who have trusted Him as Saviour to no longer live for ourselves but for to live unto Him Who died for us and was raised again, that we might have life and have it more abundantly.
Loving Father, how astonishing that Christ's death paid the price for all my sins and that His life has given me a brand-new life in Him as well. I pray that I may no longer live for myself, but that I may live my life for Christ alone. In Jesus' name I pray, AMEN.