Because all countries of the world are controlled by the elite who control commerce and the creation of money in those countries.

I have no idea why you neophytes think China is somehow different in this respect.

On the more conspiratorial level, the globalists are working together to bring us a technocracy where they collect and control data on all transactions. This is for example what Smart residential electric meters are about, they monitor all activity in the household. Soon all your appliances will have a chip that must communicate with the meter in order to receive power.

China is very much the technocracy and as its rises to the world's financial power, it will be the model under which the world goes to hell.

I for one am doing everything in my technical capability to destroy this. But I am not getting very much cooperation from you neophytes. You seem to be like frogs boiling in the pot. You don't get it.

China can't stop a truly anonymous cryptocurrency. No one can. Be ready to support it when it comes out.