I'm extremely shocked how India is ruining itself like that

I wish someone in the government and political parties had a similar feeling ...

Plus, the Indian government acting against bitcoin is another short-sighted decision

Well, We don't even like our own Currency that we banned it ! ie, we banned even Indian Rupees. You are talking about that random Satoshi's Bitcoin ? come on. You are barking at the wrong crazy-tree - may be you are barking at a BIG-CANNABIS-TREE :-D

The Pakistan reference is quite funny here - the joke is that, until recently they used to print the notes for India and once they stopped the government is begging the central bank for more money. Earlier, they were allegations that counterfeit Indian notes are printed by Pakistan to "destabilize" India.

On serious notes, The ex Indian Central Bank Governor was an Engineer - IIT + MIT and then he became an economist. He was interested in exploring Bitcoin and Blockchain's in general. What I feel is we need people with knowledge at the decision making positions irrespective of which country it is. Until few years ago, India had the unique case of a Rocket Scientist for its President, An internationally acclaimed economist for it Prime Minister - both of them were not really politicians too. Its not about Education or Phds but those people had "knowledge" and wisdom. I feel this is a lesson for any nation while selecting its rulers. Whether someone is a good "leader" is not should be based on politics but it should be based on track record. What that person did with her/his life should bet he means to elect ones rules and not some ideology. Personally Iam not interested in politics or governance but I feel I have lived to see some of the most governance.