this is bad news. the decision of the Chinese and Indian governments will make BTC's popularity fall. I know that China and India have different reasons when they ban BTC. but i believe. Crypto users will have many ways to make BTC legal. maybe demonstrations can make the Indian government change their decisions.
Erm, the Chinese dislike of BTC is approaching five years old. Their shutdown of centralised exchanges took place two and half years ago. Funnily enough Bitcoin set off towards $20,000 almost as soon as that happened.
Countries like this could be leading. Instead they'll be forced to eventually concede. In some ways that's more bullish.