Prince Philip of Serbia suggests bringing Bitcoin into the classroom

Published at: Aug. 25, 2022

Speaking to Cointelegraph over sandcastles at the Surfin’ Bitcoin 2022 event at Casino de Biarritz in France on Thursday, Prince Philip said he was “bullish on Bitcoin” in part because of the impact it could have on children’s education around the world. The prince, a self-described Bitcoin (BTC) maximalist, hinted that part of his keynote address at the crypto conference — only the second one for which he was a speaker — will focus on informing those in and out of the space of the potential benefits of Bitcoin.

“Kids need to understand what Bitcoin is about,” said Prince Philip. “The main thing is the history of money — this is something that we weren’t taught in schools [...] Education is getting worse as I can see it.”

Citing an example from his own family, Prince Philip said his four-year-old son Stefan was trying to develop some conceptions around Bitcoin by watching his father:

“He’s trying to get an idea of what Bitcoin is [...] He understands that there’s Bitcoin and his father likes to talk about it.”

Filip Karađorđević, Hereditary Prince of Serbia and Yugoslavia, also known as Philip Karageorgevitch, says that education is lacking when it comes to cryptocurrencies like Bitcoin.

Prince Philip, jokingly implying he was rebuilding amid a bear market, constructed a sand castle on the beach at the venue before it was unceremoniously stepped on by a passerby. In July, he reportedly said that Bitcoin adoption was inevitabile for all countries whose citizens practice Islam because “it makes perfect Sharia money.”

The BTC maximalist, though always a public figure due his title, became known to many in the crypto space following a March interview in which he said “Bitcoin is freedom, and this is something that I want for everyone.” He also attended the Bitcoin Miami conference in 2022. However, the prince has suggested he largely does not have the authority to declare the crypto asset legal tender as El Salvador did in September 2021.

Tags
Related Posts
Crypto Bahamas: Regulations enter critical stage as gov't shows interest
The crypto community and Wall Street converged last week in Nassau, Bahamas, to discuss the future of digital assets during SALT’s Crypto Bahamas conference. The SkyBridge Alternatives Conference (SALT) was also co-hosted this year by FTX, Sam Bankman-Fried’s cryptocurrency exchange. Anthony Scaramucci, founder of the hedge fund SkyBridge Capital, kicked off Crypto Bahamas with a press conference explaining that the goal behind the event was to merge the traditional financial world with the crypto community: “Crypto Bahamas combines the crypto native FTX audience with the SkyBridge asset management firm audience. We are bringing these two worlds together to create a …
Adoption / May 3, 2022
Switzerland’s top online retailer completes transaction with digital franc
Galaxus, the largest online retailer in Switzerland, could start accepting payments in a stablecoin issued by local cryptocurrency bank Sygnum. According to an Aug. 27 tweet by Sygnum, the companies have just completed an electronic commerce payment using Sygnum Bank’s stablecoin known as Digital Swiss Franc (DCHF). As officially announced, the e-commerce transaction was enabled by Denmark-based crypto payment processor Coinify. Launched in March 2020, Sygnum’s DCHF stablecoin is pegged one-to-one to with the Swiss franc, and intends to eliminate the need for card systems, reduce settlement costs and fraud, as well as provide instant transactions. As previously reported, Sygnum …
Bitcoin / Aug. 27, 2020
Ethereum white paper predicted DeFi but missed NFTs: Vitalik Buterin
Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being right about abstract ideas than on-production software development issues. Buterin started the Twitter thread by addressing his article dated Jul. 23, 2013 in which he highlighted Bitcoin's (BTC) key benefits — internationality and censorship resistance. Buterin foresaw Bitcoin’s potential in protecting the citizens’ buying power in countries such as Iran, Argentina, China and Africa. However, Buterin also noticed a rise in stablecoin adoption as he saw Argentinian businesses operating in Tether (USDT). He backed up his decade-old ideas around …
Adoption / Jan. 2, 2022
Swiss crypto bank Sygnum secures in-principal approval in Singapore
Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, is expanding services after securing new regulatory approval from local authorities. The company announced Tuesday that Sygnum Singapore received in-principle approval from the Monetary Authority of Singapore (MAS) to offer three additional regulated activities under capital markets services (CMS) license. The CMS license was initially granted in 2019, allowing Sygnum Singapore to conduct asset management activities. The latest in-principle regulatory approval upgrades Sygnum Singapore to enable new tools like providing corporate finance advisory services, dealing with tokenized capital market products and digital assets, as well as offering custodial services for asset …
Bitcoin / March 8, 2022
Madeira ‘embraces’ Bitcoin, and how its president met Michael Saylor
The tiny Portuguese archipelago of Madeira has “adopted” Bitcoin (BTC) — but what does that mean? The announcement, made during the Bitcoin 2022 conference in Miami, has spurned confusion and misinformation. Miguel Albuquerque, the president of the Regional Government of Madeira, hopped on the stage in April to announce: “I believe in the future, and I believe in Bitcoin.” He also said he would work to “create in Madeira a fantastic environment for Bitcoin.” However, the details remained unclear. Cointelegraph spoke to André Loja, a Madeiran entrepreneur who spearheaded the plan to bring BTC to the archipelago in the Atlantic …
Adoption / May 17, 2022