"Bitcoin Is Freedom," Says Prince Philip Of Serbia

Bitcoin is called anti-inflation. (Unsplash)

JAKARTA – Bitcoin, a crypto currency created by a mysterious figure using the pseudonym Satoshi Nakamoto, has reached various circles of the global community. Recently Prince Philip of Serbia and Yugoslavia expressed his support for BTC.

In a Serbian television program, the heir to the throne of the Kingdom of Yugoslavia stated that at this time "we have to take money from the state." Furthermore, Prince Philip expressed his opinion on the position of money that should not be subject to inflation.

“We need to have hard money again. We need to have good quality money that is not subject to inflation.”

According to Bitcoin.com News, Prince Philip works with a global asset manager in London. "I work in finance," he said. “I work in asset management for an international financial company. Headquarters in New York but has a large office in London. I am an analyst. I like to analyze the world."

“Bitcoin is freedom, and this is something I want for everyone,” he said when asked about crypto.

Given the importance of Bitcoin, he suggests people should learn it slowly. The reason people are reluctant to learn it is because they are not used to it. This is their reason to protect the traditional financial system in their workplace.

"But they don't realize that the system, maybe they do, is not profitable for everyone in the world, so billions of people around the world are not having fun right now."

“I think we should have some hard money again. We must have good quality money that is not subject to inflation,” he added.

Discussing inflation, Prince Philip stated that since the last financial crisis in 2008, the government has issued extraordinary amounts of financial stimulus to pump up the economy. Then during the Covid-19 pandemic, more stimulus was issued to revive the economy.

“Where will this money go? That will create inflation.”

Prince Philip further discussed Bitcoin. According to him BTC will not inflation because the supply is limited, only 21 million Bitcoins. This limited amount makes BTC deflationary.

“Besides, it is censorship-free. It's very worth it. You can move it... and it will help the sovereignty of the people, and it will help the freedom of the people."

At the time of writing, the data report from Coingecko explains that Bitcoin is trading at a price of IDR 604,802,787 per coin. The price of BTC has decreased by 0.2 percent in the last 24 hours.