China is in the list of banning bitcoin. Earlier China closed a major mining pool. This really bit affected bitcoin growth while this happened. But if you look at on the other side, we have other new countries like RUSSIA and JAPAN have adapted bitcoin into their countries. They legally announced and accepted bitcoin.

Bitcoin growth is going to affect the country economy. You can take this in two ways. This would affect current fiats value, or if bitcoin is accepted, the respected country is going to have a massive growth in wealth. Not only the country, but also the citizens as well.