Wow now let me see here I am Mr Wang in down town beijing and I have some money that i want to protect from inflation and government confiscation what can I do . I know I will buy some gold from an ATM. The government couldnt possibly know could they.
Oh wait I live in one of the most authoritarian countries in the world I will use cash so they dont know who I am . What could possibly go wrong besides the fact that I am living in one of the worlds most covered places with survelance cameras