Recently, the crown prince of Liechtenstein, His Highness Serena (S.A.S) Alois Phillip Maria von Liechtenstein, has declared that cryptocurrencies such as bitcoin could be a way to restore the historical wealth of his family.
The prince made the remarks on Monday, February 5, in a private interview with the CNBC news network, in which he explained that the royal family does not currently have the technical knowledge to invest in cryptocurrencies, but that this could change in the future.
Particularly with this new digital economy, it is something that needs to be looked at more in the future. It could be interesting, I think particularly all the blockchain technology is very interesting. I think you have to see that it is a very risky asset class, if it is a class of assets. But blockchain will change many areas, many companies in the future. Blockchain will change many things, it could even help our state be more efficient in the way it is managed.
Alois Phillip Maria von Liechtenstein
Prince Regent, Liechtenstein
Also, the prince explained that probably the approach they would adopt to invest in cryptocurrencies would be a private investment fund or through investment capital (private equity).
In fact, as previously reported, the first European investment fund to track the value of Bitcoin investments was inaugurated last November in France, not far from Liechtenstein, by TOBAM Core Investments. This could be an option to consider by the prince. But at the insistence of regulatory authorities (such as the US SEC) on the non-approval of listed investment funds (ETFs) for cryptocurrencies, this might leave the real family with not many other official options available.
Liechtenstein is a small European country, bordered on the west and south by Switzerland and on the east and north by Austria. The official language is German and has a population of less than 40,000 inhabitants. Although the head of state of this principality is S.A.S prince Hans-Adams II, his son, the inheriting prince Alois, exerts the administration of the state with the title of Prince Regent. After the Second World War the royal house of Liechtenstein saw its fortune severely deteriorated, even having to sell part of its art collection. However, this is no longer the case, as the fortune of Prince Hans-Adams II amounts to 3,900 million dollars, which makes it one of the richest nobles in Europe.
........and get everyone chipped so that the Lichtenstein Pharaohs can rule the world like never before, along with other Illumines of course