RE: South Africa Looks To Tax All Crypto Transactions
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It sure does look like it, its not as if there are so many people in South Africa holding crypto that its this infinite source of income and we're all hiding money away from them, the value extracted versus the admin probably doesn't even make sense.
Also, why would you want your smartest, youngest and disgruntled people to build up resources, then you can't control them
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Dinosaurs protecting their rotten and worthless eggs!