You’re from SA right? If you are comfortable disclosing, are you still there? I’m interested what the temperature is on the ground with the proposed legislation on a ban on self custody after the passage of that 2023 piece of insidious legislation re: confiscation without compensation.
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SA government has been all about expropriation for much of the last 20 years. in 2006 i was working in an office with a man and his daughter at a health insurance company, i was doing database work. the girl was in the desk near me and told me about how it was being white in the late 90s/early 00s there, her father had a revolver he kept on his nightstand. his mother had a derringer on her garter. they were in australia because of that, but the mainstream media was saying nothing about how apartheid never ended but instead flipped polarity.
Currently not in SA atm but what I can tell you from my interactions with people on the ground is that whilst everyone is concerned and would prefer that the proposals from the central bank concerning self custody be dropped (which most likely they will) I don't think there is any serious Bitcoiner who will pay attention to this regulation if it does pass. Yes the noobs and the exchanges will definitely comply but as with most things in SA when silly things are passed as regs, people just carry on with their lives.
The number of white South Africans in China was amazing. A few black South Africans, too. All were cool in my opinion. As I understood it, all were fleeing an intolerable situation at home.
can you elaborate? they are living there permanently? rural or urban?