On a Serbian TV show presented by Ivan Ivanovi, Prince Philip of Serbia and Yugoslavia recently discussed bitcoin. Prince Philip, a member of the House of Karaorevi, is the second son of the former Kingdom of Yugoslavia’s final crown prince. He is Prince Alexander’s fraternal twin and the second-in-line to the throne after Prince Peter.
According to the Royal Family of Serbia’s website, Prince Philip is now working with a global asset management in London.
He declared:
“I work in finance. I work in asset management for an international finance company. The head office is in New York but 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 with 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.”
The prince added:
“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.”
He further said that “We need to take the money away from the state,” before Ivanović interrupted him by saying that such a statement could easily be misinterpreted.
The prince then declared that “I think we need to have hard money again. We need to have good quality money that’s not subject to inflation.”
He further talked about inflation and the stimulus for the economy:
“Especially since that last financial crisis in 2008 when 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.”
He then continued:
“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.”