Prince Charles on Blockchain: “it is an interesting development.”

Charles, Prince of Wales (heir apparent to the British Throne), believes that blockchain is an exciting development according to comments he made during a meet and greet on the 7th of May 2019.

During a visit to Berlin, Prince Charles responded to a question from a cryptocurrency twitter community member.

“What do you think about Bitcoins? Blockchain, Bitcoins, Cryptocurrency?” the fan asked the Prince who appeared to be a little thrown off by the question.

Later on, he seemed to recall that he was familiar with the technology and then responded: “Blockchain…very interesting development.”

The U.K government has taken a conservative stance on Cryptocurrency which has been interpreted as unfavorable; the royal family has remained silent on the topic.

High profile establishment is becoming more vocal on the phenomenon, one of the U.K most senior lawyers delivered a speech last week where he stated that the ubiquity of both crypto and smart contracts was inevitable.

Sir Geoffery Vos, Chancellor of the High Court, stated:

 “Thus far, the legal uncertainty that pervades the use of the so-called cryptocurrencies and crypto assets for financial transactions has meant that the starting line has not yet been crossed.” Sir Geoffery Vos also said that “it will be crossed at some stage soon. That is for sure.”

What do you think about this statement by Prince Charles? Leave us a comment below


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