In a Bitcoin Reserve Podcast, Prince Philip Karadjordjevic of Serbia & Yugoslavia shared his thoughts on how bitcoin can improve society and governments predicting that monarchies will soon adopt bitcoin. Philip Karadjordjevic, a Bitcoin maximalist, assumes that soon an Arab monarchy or a country will adopt the cryptocurrency.
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According to him, Bitcoin is changing the political spectrum. Talking about monarchy and sound money relationship, Karadjordjevic said Bitcoin is compatible with these economies. He finds having a sound money like BTC, people can be financially protected and be focused on productive areas.
The Prince says Bitcoin goes with monarchy as it's something that lasts and it's something that's stable. These two concepts has some coommon points. The nature of Bitcoin supposes that everyone plays by the same rules and no one can deceive the system.