Prince Philip of Serbia on Bitcoin: ‘We Need To Have Hard Money Again’admin
In a recent TV interview, Prince Philip of Serbia (aka Prince Philip of Yugoslavia, aka Philip Karađorđević) shared his thoughts on Bitcoin.
Here is some information about him from Wikipedia page:
“He is the second son of the last crown prince of the former Kingdom of Yugoslavia, Alexander, and Princess Maria da Gloria of Orléans-Braganza. He is the fraternal twin of Prince Alexander of Yugoslavia. His godparents are Queen Sofía of Spain, King Constantine II of Greece (both first cousins of his paternal grandmother), and Princess Anne, Duchess of Calabria (first cousin of his mother).
“Philip lived in Virginia until 1984. Together with his twin brother, he was educated in London and Canterbury. In June 2000 he completed sixth form at The King’s School, Canterbury. He was awarded a BA from University College London at the completion of his university studies. Philip was working for a foreign financial institution in the City of London. On July 17, 2001, Philip and the former royal family took up residence in the Royal Palace in Belgrade.“
Per a report by Bitcoin.com that was published yesterday (March 21), HRH Prince Philip recently talked about Bitcoin during an appearance on a Serbian TV show hosted by Ivan Ivanović.
Here is what he said about his current work:
“I work in finance… I work in asset management for an international finance company. The head office is in New York, but it has a big office in London. I’m an analyst. I love to analyze the world…
“I analyze and mainly tell clients what happens with the market, what’s going on with their portfolios, and I speak to a lot of other analysts and a lot of other portfolio managers within the company. We help to make decisions … It’s a great experience to be an analyst. I learn a lot.“
When asked about crypto, he said:
“Bitcoin is freedom, and this is something I want for everyone… This is something everyone has to learn. They will learn slowly. Some people will not want to learn it because they are not used to it. They want to protect the system that they do well in…
“But they don’t realize that that system, well maybe they do, is not advantageous to everyone else in the world, so billions of people around the world are not having a good time right now… I think we need to have hard money again. We need to have good quality money that’s not subject to inflation…
“Especially since that last financial crisis in 2008 which extraordinary stimulus has been pumped into the economies… And since then with the Corona pandemic, unprecedented amounts of stimulus have been pumped into the economy and, of course, where is this money going to go? It’s going to create inflation…
“With Bitcoin, you don’t have that. You have a cap of only 21 million bitcoins that are going to be produced… Therefore it’s never going to be an inflationary asset and this helps to protect people… On top of that, it’s censorship-free. It’s very fungible. You can move it around … and it will help with people’s sovereignty, and it helps with people’s freedom.“
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
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