China, the world’s biggest and most established Technocracy, has all but achieved a totally cashless state by implementing digital e-payment systems via smart phones. Coupled with ubiquitous camera surveillance and identification, China will soon have its thumb on an electronic gulag from which there is no escape, relief or appeal. ⁃ TN Editor

In major Chinese cities, paying by paper money is all but dead thanks to the convenience of mobile payment, which has now surged to US$5 trillion in the mainland.