Serbian Prince Predicts These Countries Could Soon Adopt Bitcoin

Serbian prince predicts middle eastern countries may soon adopt bitcoin.

Philip Karadjordjevic, the Hereditary Prince of Serbia and Yugoslavia is one of the famous crypto supporters.

[{"selector":"#anim-792aa47d-547e-4de0-ba58-35804f2ffe3f","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c6b146e7-3ca3-43c9-9bd5-43d0b62c6bd1","keyframes":{"transform":["translate3d(-93.66337%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

He suggested that some of the countries in the Middle East could adopt Bitcoin soon.

[{"selector":"#anim-61858735-701d-4453-ba93-69b3e1b08621","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-88f9709c-b4f2-48fa-ab31-742603555ab2","keyframes":{"transform":["translate3d(-93.85246%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

He said on a Bitcoin Reserve podcast on July 6 that some countries in the Middle East, such as Jordan and the UAE, among others, could soon adopt Bitcoin.

[{"selector":"#anim-aebda489-699d-4f9c-9c49-877658442cff","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ff422d85-c4dd-4673-8757-eb1963e9925e","keyframes":{"transform":["translate3d(-93.85246%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

According to him, most of these monarchies use the Sharia law, that among other things, entails a specific financial system that doesn’t recognize the concept of debt.

[{"selector":"#anim-b1cc45c9-af78-4a16-a5de-6b170ae79519","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f392fe79-4750-4a89-ba6f-448514f0a23c","keyframes":{"transform":["translate3d(-93.85246%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

“Maybe you’ll see an Arab monarchy or an Arab country here or there adopting Bitcoin a lot sooner than you think,” Prince said.

[{"selector":"#anim-ce14a079-0583-45b1-85f9-c0d6432c73d2","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4d7f3b49-f087-4c8b-b443-1ad864a36034","keyframes":{"transform":["translate3d(-92.41803%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Chainalysis data has revealed that the Middle East is one of the world’s fastest-growing crypto marketplaces, accounting for 7% of worldwide trade volumes.

[{"selector":"#anim-119a74af-b0be-4393-819c-d0400f015fd7","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-580f56f8-4465-4c28-a9cc-5448c9c5ed6d","keyframes":{"transform":["translate3d(-93.44262%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Recently, Binance and Kraken had been granted permission to do business from Dubai and Abu Dhabi respectively.

[{"selector":"#anim-4a6e86f8-849a-4707-afd8-13b4df0a6910","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e78fdcca-794e-4a60-8657-3c9ea5a17807","keyframes":{"transform":["translate3d(-92.21312%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4ef741e3-8326-4c13-a432-4dfdad32161d","keyframes":{"transform":["translate3d(-205.26319%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-66ddc4f1-24b2-4268-89bc-e203a89e0975","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] More Crypto Stories...