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111. Bitcoin and Monarchies with Prince Philip of Serbia

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March 28th 2022.

What is the case for monarchy? Why are monarchies better at long-term thinking? Why do monarchies outcompete republics in protecting property rights, promoting peace, raising living standards, and protecting the value of money? Would a return to hard money bring back the age of monarchies? We discuss all these questions with HRH Prince Philip of Serbia, who became the first monarch to publicly announce being a bitcoiner. Their conversation touches on the story of the Karađorđević dynasty, the factors that led to communist seizure of power in Yugoslavia, and whether a restoration of monarchy is likely, or desirable. In the Q&A, Prince Philip answers questions on his career in finance, ESG, the European Union and whether other monarchs in Europe could serve as allies in bringing about a return to sound money.

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