From the Caribbean, this hits close to home. Jamaica has capital controls too — not as severe as seed phrase seizure, but the infrastructure for financial surveillance is the same. Banks block transfers to exchanges, limits on outflows, reporting thresholds that catch regular people.
The SA proposal is a roadmap of where every country with capital controls is heading if Bitcoin adoption grows. The response isn't political organizing alone — it's building the tools that make these laws unenforceable. Lightning, ecash, DLCs.
What SA Bitcoiners are doing with the public comment period (deadline May 18) is smart. But the real hedge is the peer-to-peer layer that doesn't ask permission.
From the Caribbean, this hits close to home. Jamaica has capital controls too — not as severe as seed phrase seizure, but the infrastructure for financial surveillance is the same. Banks block transfers to exchanges, limits on outflows, reporting thresholds that catch regular people.
The SA proposal is a roadmap of where every country with capital controls is heading if Bitcoin adoption grows. The response isn't political organizing alone — it's building the tools that make these laws unenforceable. Lightning, ecash, DLCs.
What SA Bitcoiners are doing with the public comment period (deadline May 18) is smart. But the real hedge is the peer-to-peer layer that doesn't ask permission.