Prince Philip of Serbia Calls Bitcoin Freedom
In a recent interview, Prince Philip of Serbia called Bitcoin freedom, adding that money should be kept out of state control. The King made some interesting statements about inflation and stressed the need for good quality money that does not bow to rising price pressures. With fiat, “it’s just not possible because the authorities print money at will because of their control,” he added.
According to the family website, Phillip currently works in finance with an asset manager in London. His current role is that of an analyst. Prior to this role, he worked for IKOS, a global systematic hedge fund, in Cyprus. Phillip says his job was to study the markets, client portfolios and talks about what’s going on right now.
Asked about his take on crypto, the prince doubles down on Bitcoin because “it’s the only thing that matters.” He added that sooner or later people will learn, it will take time.
At the same time, there will be some who won’t because they want to protect the old system that was good for them. These people do not understand that things are disadvantageous to others [the billions of people] because of the system.
Serbia to launch its native crypto exchange in 2022
According to sources, crypto owners in Serbia topped 200,000 last year as the country regulates digital assets. The number of cryptocurrency holders in this landlocked country has increased, highlighting the growing interest in digital currencies alongside the growth of crypto markets. The country’s move to legalize digital assets last year has also contributed to its growing popularity.
In fact, the Serbian Digital Assets Law was implemented in June 2021. The legislation defines cryptocurrencies like bitcoin as virtual assets and digital records of value that can be bought, sold, transferred, and traded.
Earlier in January this year, Serbian Finance Minister Sinisa Mali announced plans to launch its own digital token exchange sometime in 2022. Mali said the government would adopt the strategy of growth of the Belgrade Stock Exchange, which, according to the Prime Minister, is “… the right instrument to support the development of our financial market.