Luke
51 posts


@BitcoinNewsCom Not your keys, not your coin!
Self custody your Bitcoin!
No government, person, or company can access your Bitcoin.
Clutching at straws while they steal taxpayer funds…
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🇿🇦 SOUTH AFRICA PROPOSES INSANE CRYPTO CONTROLS, POSSIBLE FORCED SALES
South Africa National Treasury and South African Reserve Bank have introduced draft Capital Flow Management Regulations that could dramatically restrict crypto use.
The proposal would require disclosure of crypto holdings above an unspecified threshold and could allow the government to force holders to sell assets for rand.
Under the draft, investors may not buy, sell, lend, or transfer crypto above the threshold without permission, except through approved providers.
Transactions would require a stated purpose, and using funds outside that purpose could trigger mandatory resale.
Cross-border transfers and payments using crypto would be banned without approval.
Authorities would also gain powers to search individuals, demand declarations, and seize assets suspected of violating the rules.
Critics say the changes raise serious constitutional concerns around privacy, property rights, and freedom of association, calling them among the most aggressive updates to South Africa’s decades-old exchange control system.

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@Richard_Spoor Small minded. What’s to come post this increase will be lower fuel prices. Go read up on supply control by Iran.
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@GaytonMcK No Gayton, we are proud of our heritage and we stand to preserve it. Your woke message here is a distraction. We need leaders to stand up for minorities.
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Starlink has committed to a R500 million investment to connect 5,000 rural schools with free, high-speed internet, benefiting more than 2.4 million learners each year.
But it is still on hold.
Why? Because South African regulations require 30% local Black ownership for telecom licenses.
South African farmers and rural communities are asking the government to approve Starlink. In many remote areas, there is no internet access at all, and people have to drive several kilometers just to get basic connectivity.
The South African government is the enemy of its own people.
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This shouldn’t hinder us from starting a nation wide boycott against Airbnb bc this will still affect the working class more, capitalists always find ways to exploit the system. That company needs to get out of our country and everyone benefitting from it needs to suffer.
Jolie Cowslington@yomgqashiyo
Bafazi, thanks to that TickTock white woman’s tears, Cape Town will tax Airbnb hosts like Hotels.
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@Sonwabi55176643 @morrow_nw @chestermissing Have you not seen the abundance of taxis and busses using the N2?
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@JusstAlpha This is temporary. The US needs to kill 38T USD debt, the only way is by manipulating the dollar to be weaker. Long term USD will climb when their debt to gdp reverses.
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@JordiGriff There’s only one way to kill US debt and that’s with a weak dollar
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@Tumi_016Gawd @Ndi_Muvenda_ Rand is getting stronger due to higher commodity prices, especially Gold.
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@beyond_thecurve @JusstAlpha Agreed. The dollar is on set to for massive growth.
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What are you saying ?
South Africa is doing better than the Trump economy in terms of economic growth ?
The Rand closes the last #CME gap at R15.90, and when we head the other way fast as the US economy goes into overdrive by Q4 end 2026.
By the end of the year, the Rand will be weaker. Except if their is an ANC mass loss in local government elections, I e a 15% ro 20% holding of power.
Then the Rand stays 💪.
#ZAR. #SouthAfrica
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@hobsonj123 @JohannBiermann1 @geordinhl Let’s be realistic from a damage control POV. A wall is the cheapest option in the long term.
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@JohannBiermann1 @geordinhl I wonder what would be a suitable solution? Stronger policing, a Berlin Wall kind of construction? Socio- economic solution like addressing the basic cause?
Apartheid chickens are coming home to roost in my opinion.
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Hi @geordinhl, could we please focus on making the N2 a safer route in 2026. We see all the lovely things your team is doing, but many of us are literally risking our lives daily going to work.
We need action ASAP.
Geordin Hill-Lewis@geordinhl
🇿🇦☀️ 2025 Wrapped: We've deployed new Metro Police Officers, built more sports fields, completed solar and housing projects and made MAJOR progress on our Cape Flats MyCiTi bus expansion! Ons werk vir Kaapstad se mense! 💙👏
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@pieterkrielorg @pieterkrielorg you can’t have many friends your age in this country with such anti-progressive outlooks. You can travel to the North West and focus your critique there, comrade.
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The DA doesn’t want you to see what’s next to the N2 & how they’re not doing much to curb crime on that route including crime ridden areas such as Khayelitsha & Nyanga!
#KnowYourDA
Sunday Times@SundayTimesZA
The City of Cape Town is coughing up R180m for a security wall along the N2 outside the airport in a bid to stem deadly attacks on the notorious stretch of road. Details in the #SundayTimesZA tomorrow.
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Once implemented, the NHI will ensure that all people have equal access to healthcare regardless of their ability to pay.
#ANCNGC
x.com/i/broadcasts/1…
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