Agreed that the volatility is not reassuring. However, in respect to a South African mindset Bitcoin sure seems like a plausible store of wealth. Especially when you take into consideration what has happened in neighboring Zimbabwe where $100 Trillion bills became the rough equivalent $1 USD.

If I were a South African, I'd sure sleep easier at night knowing I had some portion of my savings in Bitcoin. It sure seems like once awareness of Bitcoin/crypto reaches the far corners of the world (and with it internet access), everyone will be inclined to allocate at least some portion of savings towards the space. Just my two cents!