More than fourteen hundred years after the Chinese invented paper money, they’re ahead of the game once again and dabbling in digital currency like Bitcoin and the Yuan. Unlike Bitcoin, which is a private crypto currency, the Yuan isn’t just a payment system – it’s actual money issued by the Central Bank and controlled by the Chinese Communist Party. CBN News Senior International Correspondent George Thomas is on today’s Daily Rundown to break down what a cashless society looks like and what security and economic dangers lay ahead.
Another top story this week revolves around the sun. As part of the national quest to save the universe from the sun, there’s a new focus on ‘dimming’ it. Harvard scientists are considering spreading dust in the atmosphere to shield the earth from the sun’s rays, and those who are backing the concept are getting some major flack from the media. CBN News Correspondent Dale Hurd is on today’s podcast with a deeper look at this story.