India can’t ban math / bitcoin signatures anymore than China can ban tutoring and california can ban learning calculus. non resident Indians control a lot of w

India can’t ban math / bitcoin signatures anymore than China can ban tutoring and california can ban learning calculus. non resident Indians control a lot of wealth, maybe more than resident Indians, and they remit a decent amount to india. PPP is useful for buying chai and vegetables, but useless at buying iPhones, teslas, nvidia hardware. Also Chinese and indian real estate isn’t price in the same property tax regime as the usa, so it’s priced 4x too high and their economic numbers all inflated. India and china have capital control (limit on foreign investments into and out of their countries). but no export control on the fruits of their labor and their literal labor leaving the country (which is convertible to Capital at scale). it’s all theater. the world is global full stop.