The post Andrew Tate Says He Can’t Stand Crypto Culture—Even as He Profits From It appeared on BitcoinEthereumNews.com.

Former kickboxer—and accused rapist and human trafficker—Andrew Tate said he wants to “fix” crypto, describing his plan as a way for “people to make money from the things they should make money from.” Tate, who was cleared to leave Romania while awaiting trial on criminal charges, joined crypto influencer and Rug Radio creator Michael “ThreadGuy” Jerome for a sprawling, three-hour conversation on topics ranging from masculinity to COVID-19 vaccines to hedonism. In addition to a separate British arrest warrant for charges of rape and sexual assault, Tate is now accused of being a serial tax evader during his years in the U.K. Tate was careful to avoid discussing his legal woes in the interview and—with some reluctance—explained his views on crypto. “My intention was to sit here and talk about everything besides crypto,” he told Jerome. “My problem with crypto as a whole was not that it made people rich. I’ve been in crypto for a very long time,” Tate said. “I actually love crypto as an asset and I love crypto as a utility. “If I spend large sums of money, I love doing it in crypto. It’s much easier than the bank—especially in my current situation,” he added. Instead, Tate said it’s the so-called degen culture that surrounds crypto that is “infantile, asinine.” “The crypto culture before I jumped into a month ago was a mess,” he said. Tate lambasted the crypto community for focusing only on quick profits. “I didn’t like the crypto culture as a whole because the culture was based on getting in early, which I guess you could argue is a skill, but to a degree, is luck,” he said. “In the real world, if you want to get rich, it’s nearly impossible to get rich without learning lessons along the way.” As for…

---

Filed under: News - @ July 10, 2024 11:14 am