Prince Philip of Serbia: "only way around inflation is Bitcoin"

[Pmalek]

(I'm assuming the Royal family has at least some power).

I am going to use something one of my all-time favorites, Del Trotter said for something completely different but parts of his statement can be applied here as well. The Royal family of Serbia is almost as important as a gin salesman in Iran.

<Snip>

Serbia was bombed for the atrocities they committed in Croatia, Bosnia, and Kosovo. War crimes including systematic rape of women and genocide. If Serbia is a victim of NATO bombardment, what term do we use to define the hundreds of thousands of dead and deported by force from their homes in the 3 above countries? Not to mention death and torture camps. But that's not part of today's discussion.
     

I agree with most of the things the Prince said and he didn't say anything new. But good luck trying to convince the government to give up on their control, especially in a territory like the Balkans where crime and nepotism is a normal every day occurrence.   

[romeitaly]

What surprises me here is that Serbia still has a royalty. I don't think that bitcoin is the sole solution to inflation as it's not really a bad thing if it's a controlled and maintained at a really low percentage of 2% or 3%, inflation isn't as bad as it sounds because it's a sign of growth. Maybe finding ways to create a deflation that can bring down the inflation rate to a normal level.

[examplens]

What is happening in Ukraine has nothing to do with what happened in Serbia in 1999

I lived at that time and I know very well how we lived. at no point did I state the reason why this happened, the fact is that Serbia was attacked by NATO and in that attack the biggest number of victims were civilians.

If you wanted a comparison, then you should have mentioned how Serbia, as a superior enemy, attacked Croatia, occupied a third of the country and killed over 400 innocent children in its bloody campaign, and the horrors that followed in Bosnia and Herzegovina are the worst crimes against humanity since 1945.

I would not go deep into this matter, because it is more than complicated. I would certainly say that there were no innocent parties in that war, we can each present our own arguments, count the victims, but I think that is meaningless at the moment. there were idiots and criminals on all sides and I personally do not want to generalize.
I will not hate Croats because of a few individuals, nor can I glorify some Serbs who, with savagery and their foolishness, have tarnished the whole nation.

I would not agree with that, most Serbs support Russia and the current regime, just as they continued to support the creation of a Big Serbia in 1991, and today they have a project of the Serbian world - in other words, nothing has changed in the past 30 years - Serbia still aspires to the territories of neighboring countries.

Again, I live here, talk with people, there is a possibility that I have a better insight.
no, there is no serious story here about big Serbia or any aspires to any neighbour. these are just empty stories of your politicians and don't believe every word of them, they will say anything to improve their rating.
So, again no one here is interested in other territory or any kind of war with neighbours. Of course, everywhere you can find a couple of drunken nationalists or keyboard warriors who have no life of their own who speak such nonsense.

You've mixed up apples and oranges very badly. I won't be as straight as Lucius, but I tend to agree with him.
Also Ukraine is not part of NATO, so your analogy doesn't stand.
No offense, but I hope that the average Serbian doesn't have this... distorted... view over the history.

I am only writing here about the opinion of a good deed of the population.
long to explain, but to try to simplify. the opinion of pro-Russian Serbs - all the states that support Ukrajina at the moment, in the '99s were with NATO, and against Serbia.
About history, Russia's influence in Serbia dates back a long time, unfortunately, it did not bring much good. it is a big burden that pulls the state backwards.

Serbia was bombed for the atrocities they committed in Croatia, Bosnia, and Kosovo. War crimes including systematic rape of women and genocide. If Serbia is a victim of NATO bombardment, what term do we use to define the hundreds of thousands of dead and deported by force from their homes in the 3 above countries? Not to mention death and torture camps. But that's not part of today's discussion.

Russia currently has an identical excuse for attacking Ukraine. 

[Lucius]

I would not go deep into this matter, because it is more than complicated. I would certainly say that there were no innocent parties in that war, we can each present our own arguments, count the victims, but I think that is meaningless at the moment. there were idiots and criminals on all sides and I personally do not want to generalize.
I will not hate Croats because of a few individuals, nor can I glorify some Serbs who, with savagery and their foolishness, have tarnished the whole nation.

There is nothing complicated about what happened in 1991 and after, everything is publicly available and everyone knows that no country attacked Serbia at that time, and that Serbia committed horrific crimes that you still do not admit - how many children were killed by Croats in Serbia, how many churches and houses were demolished in your country? Then at least 90% of Serbs were for the war, today 90% of Serbs are for Russia - and you have the same people in power who committed crimes in 1991 - which speaks volumes about how much you have changed.

So, again no one here is interested in other territory or any kind of war with neighbours. Of course, everywhere you can find a couple of drunken nationalists or keyboard warriors who have no life of their own who speak such nonsense.

You call your president and prime minister keyboard warriors? Well, they openly support the annexation of Republika Srpska, which was created on the basis of ethnic cleansing - and if it is not the appropriation of someone else's territory, then I don't know what to call it - and let's not forget what is happening with Montenegro.

No offense, but I hope that the average Serbian doesn't have this... distorted... view over the history.

I have not yet met a Serb (from Serbia) who will admit that they as a people have done anything wrong - 402 graves of innocent children in my country are a fabrication for them, and the same attitude will be in Russia towards all Ukrainian victims.

[NeuroticFish]

I am only writing here about the opinion of a good deed of the population.
long to explain, but to try to simplify. the opinion of pro-Russian Serbs - all the states that support Ukrajina at the moment, in the '99s were with NATO, and against Serbia.
About history, Russia's influence in Serbia dates back a long time, unfortunately, it did not bring much good. it is a big burden that pulls the state backwards.

Thanks for clearing up. And I'm sorry to hear that it's such a wide opinion. I really hoped for better...

I have not yet met a Serb (from Serbia) who will admit that they as a people have done anything wrong

Denial is common in human kind history. And I can easily guess that state propaganda encourages that.
In these times the information travels so easy it's sad to see people choose to believe what comforts them instead of what real.
But yeah, if @examplens tells the same, having "insider" information.. I cannot deny that.

The Royal family of Serbia is almost as important as a gin salesman in Iran.

I laughed on this, but you're not completely correct/accurate.
He has a small chance to influence the people. It's not the government so it clearly won't do much, but it can be a start, especially as people tend to be more receptive to their own public personalities.

[examplens]

No offense, but I hope that the average Serbian doesn't have this... distorted... view over the history.

I have not yet met a Serb (from Serbia) who will admit that they as a people have done anything wrong - 402 graves of innocent children in my country are a fabrication for them, and the same attitude will be in Russia towards all Ukrainian victims.

it is a special feature of the people in the Balkans. it's hard to say, I was wrong.
I can also say that I have never heard of any Croat criticizing the ethnic cleansing operation "Oluja", where several hundred thousand people were expelled, some killed, mostly civilians.

you are going too far and you only insert the facts you want to hear.
I never denied ^{neither here nor in real life} the bad things that happened. as I said earlier, a certain group of people were doing terrible things, by such conduct, they have inflicted immeasurable damage on their people as well.

I'm talking about the period in '99, and you keep coming back to '91. there is no particular connection here
the whole discussion was raised because I said that ordinary people in Serbia know very well (based on personal experience) what ordinary people in Ukraine are going through. I did not reveal the reasons why these aggressions were initiated.

So, again no one here is interested in other territory or any kind of war with neighbours. Of course, everywhere you can find a couple of drunken nationalists or keyboard warriors who have no life of their own who speak such nonsense.

You call your president and prime minister keyboard warriors? Well, they openly support the annexation of Republika Srpska, which was created on the basis of ethnic cleansing - and if it is not the appropriation of someone else's territory, then I don't know what to call it - and let's not forget what is happening with Montenegro.

Can you find any official statement or a speech where they say something like that? I am thinking of officials and government representatives.
please just not something from the obscure tabloids.
he must not even think about it, because he will lose even such a fragile support of Europe, and that would guarantee his end. (I am talking about our president because only he decides everything)

I will come out of this discussion, you involve me deeper and that really isn’t a topic I want to discuss. I stand for the side that wants to break away from the structures represented by the current own president and everything that happens here is already enough torment.

[Synchronice]

With Bitcoin, you don’t have the freedom to keep printing. 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.

Yeah, you have freedom to keep printing. We have a cap of only 21 million bitcoin but this doesn't mean that it can't be increased. The rules of bitcoin can be changed with Hard Fork.

To be honest, I can't imagine economic giants like China, the USA, Japan, Germany using the currency that can be mined by a random guy at home. The governments can just turn off the money printing machine but they don't want it, no one cares about the society, the problem is our mentality. Politicians build their happiness on someone else's pain.

[NeuroticFish]

We have a cap of only 21 million bitcoin but this doesn't mean that it can't be increased. The rules of bitcoin can be changed with Hard Fork.

You also need consensus for this kind of move, else the hard fork will end up in just another useless shitcoin like you BCH, BSV and all their lesser known cousins.
And you won't ever get consensus for that since it would make all the existing coins less valuable (so the voters are already bribed to keep the current situation).

[nullama]

With Bitcoin, you don’t have the freedom to keep printing. 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.

Yeah, you have freedom to keep printing. We have a cap of only 21 million bitcoin but this doesn't mean that it can't be increased. The rules of bitcoin can be changed with Hard Fork.

To be honest, I can't imagine economic giants like China, the USA, Japan, Germany using the currency that can be mined by a random guy at home. The governments can just turn off the money printing machine but they don't want it, no one cares about the society, the problem is our mentality. Politicians build their happiness on someone else's pain.

Bitcoin will always have a maximum of 21 million coins. Changing this amount in a hard fork as you mention is one example of a prohibited change:

These changes are considered to be against the spirit of Bitcoin. Even if all Bitcoin users decide to adopt any of these changes, the resulting cryptocurrency can no longer be considered "Bitcoin" because it has diverged too much from the original design.

[pooya87]

The Royal family of Serbia is almost as important as a gin salesman in Iran.

This was funny but it is not accurate. At the very least you could see him as an influencer or a celebrity and you should never underestimate the power "celebrities" have on the brainless masses.

The double standards Russia-Ukraine situation revealed and the fact that media dictates what most people should think is an excellent proof that majority of people only concern themselves with what they are told to be concerned about and ignore everything else that is going on in the world even if they are more important.

[davis196]

It seems like this guy is a diehard Bitcoin supporter,but so what?
He isn't some multimillionaire,billionaire or a celebrity.His opinions won't influence millions of people to join the Bitcoin world.He is a member of the aristocracy,but that doesn't hive him any authority whatsoever.
Maybe inflation will disappear,if Bitcoin gets globally accepted as the one and only global currency,but I can't see this happening.The central banks and the governments will try to do whatever they can to preserve their monetary power and control.

[nullama]

It seems like this guy is a diehard Bitcoin supporter,but so what?
He isn't some multimillionaire,billionaire or a celebrity.His opinions won't influence millions of people to join the Bitcoin world.He is a member of the aristocracy,but that doesn't hive him any authority whatsoever.
Maybe inflation will disappear,if Bitcoin gets globally accepted as the one and only global currency,but I can't see this happening.The central banks and the governments will try to do whatever they can to preserve their monetary power and control.

Well, he literally works giving financial advice to people in London. So, his opinion clearly will influence some people to buy Bitcoin.

[Ararbermas]

Well, he literally works giving financial advice to people in London. So, his opinion clearly will influence some people to buy Bitcoin.

no doubts, and by the help of social media for sure they can really convinced people to buy bitcoin because of his good views when it comes bitcoin as prince.  Because indeed if we will talk about inflation it's definitely a big problem especially on whats happening right now wherein the prices is getting higher again such Oil, Gas due to the conflict between Russia and Ukraine.. For me IMO as a prince we should find freedom and ways to bypass the inflation in paper money and spread the good news so that everyone knows.. Not just setting down and watching people suffering from the inflation..

[TheGreatPython]

It seems like this guy is a diehard Bitcoin supporter,but so what?
He isn't some multimillionaire,billionaire or a celebrity.His opinions won't influence millions of people to join the Bitcoin world.He is a member of the aristocracy,but that doesn't hive him any authority whatsoever.
Maybe inflation will disappear,if Bitcoin gets globally accepted as the one and only global currency,but I can't see this happening.The central banks and the governments will try to do whatever they can to preserve their monetary power and control.

His background tells that he is into financial markets so he probably build some interest in bitcoin. Now what? Well he figured out that bitcoin is much better in fiat as it can fight inflation. Have you check the link provided by the OP?

The guy was a royal and I think royals are more wealthier than a regular millionaire or billionaire. They might not be as popular as a celebrity because they are not seen on the TVs or in the media very much often but any celebrity is nothing compare to a royal. More countries now adopts bitcoin and soon btc will be adopted globally but I think fiats are still be the priority so no inflation aren't going to disappear permanently.

[justdimin]

His background tells that he is into financial markets so he probably build some interest in bitcoin. Now what? Well he figured out that bitcoin is much better in fiat as it can fight inflation. Have you check the link provided by the OP?

The guy was a royal and I think royals are more wealthier than a regular millionaire or billionaire. They might not be as popular as a celebrity because they are not seen on the TVs or in the media very much often but any celebrity is nothing compare to a royal. More countries now adopts bitcoin and soon btc will be adopted globally but I think fiats are still be the priority so no inflation aren't going to disappear permanently.

The thing about Royal families in the world is that except a few of them, the income is a huge amount and paid by taxes most of the time. I am not very well versed about Serbian prince, but I can talk about UK queen, and she is paid by the taxes most of the time, or at least owns enough places given to her by title rights that make her good income (and the whole royal family of course). All that "oh the prince left the family" drama? He is still making over 2+ million dollars from the tax payers.

All in all, they are rich enough to make these type of financial decisions because they have a lot of money, but they could also make mistakes since it will not matter for their future.

[dothebeats]

It's great that he already recognized what bitcoin can do to inflation, but it will be better if he can use his influence (though little) to make people be aware of the positives of bitcoin. He came from a financial background, and sure enough he knows what he's talking about. All he needs now is the drive to let other people know of bitcoin, and educate them enough for them to make the switch, or at least consider bitcoin as a part of the future monetary system.

[Emitdama]

There will always be hardcore nationalists in every nation, you should not consider that as a threat, even at the top there will always be some, but that doesn't mean anything until there is an action. Hell some people do not even believe it themselves but do it for power or votes or money (bribes). Do not worry, I believe that nothing will happen.

Plus, getting bitcoins name out there as "best weapon against inflation" is a great deal, I really hope that more and more people realizes this. It was one of the main reasons why I got into it as well, I hated fiat and how it worked, so I got into crypto and it has worked wonders so far, there is room for everyone too!

[darkangel11]

I agree with what he said in the interview. He's a smart guy who did some trading and knows how things are being run. I wish him the best and hope we'll have more people like him in high places.

When the topic of crypto came up, he started commenting on the value of cryptocurrencies, but after a few sentences, he corrected himself by saying, “Not crypto but bitcoin. It’s only about bitcoin.”

I'm starting to like this guy.

A true maxi  

A libertarian as well. The best type.

Well, he literally works giving financial advice to people in London. So, his opinion clearly will influence some people to buy Bitcoin.

It's not buying that matters but holding. When someone hypes it and then starts talking shit about it like Musk did last year it brings nothing good to the space.

[doomloop]

by the help of social media for sure they can really convinced people to buy bitcoin because of his good views when it comes bitcoin as prince.  Because indeed if we will talk about inflation it's definitely a big problem especially on whats happening right now wherein the prices is getting higher again such Oil, Gas due to the conflict between Russia and Ukraine.. For me IMO as a prince we should find freedom and ways to bypass the inflation in paper money and spread the good news so that everyone knows.. Not just setting down and watching people suffering from the inflation..

The government always pumps money, thinking that it is going to help the but in turn it becomes a really bad move for them to make because it makes everything to be worse. The situation is bad and the government pumps more money and create inflation. The currency loses its value and things continues to get more and more costly because of the printers printing more money.

Sometimes it makes me wonder if the government is really aware of the consequences of the action that they are taking or they are just being stupid on purpose? Can’t tell me that they are not aware of the consequences, they know for sure, but still continues with it  .

[MinMan]

But, you cannot force people to make use of Bitcoin, it’s a choice. You just have to teach them about it and they will do whatever they want or think is best for them. Right now, I don’t think that there is anyone who don’t know about Bitcoin.

A lot of people already knows about Bitcoin, it is always on the news every time and you’re likely to meet someone once in a while who would talk about it, either in real life or social media. So, it is nothing new at all, people are aware of it. Anyhow it still remains that it is like their choice if they would want to make use of it. That’s just what I think.