The scary thing is there are already 3 million + active bitcoin wallets and growing in South Africa.
- The population is hedging against the rand to the dollar.
Trying to beat inflation of 10%.
0 tax at the moment
The current state of Bitcoin in South Africa is summed up here. - https://www.sashares.co.za/bitcoin-to-rand/
Bitcoin adoption is sky rocketing in Africa - do watch this space.