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Andrew Tate Is Going To Fix The Crypto Industry

Online blogger and former professional kickboxer Andrew Tate has announced his intention to “fix” the crypto industry.

In an interview with Michael Jerome, the creator of the decentralized media platform Rug Radio, he noted that the “degen” culture surrounding digital assets is “infantile and stupid.”

Tate also criticized the crypto community for focusing solely on quick and easy profits.

“I didn’t like crypto culture in general because it’s based on getting in early, which I suppose is skill, but it’s also luck to some extent. In the real world, if you want to get rich, it’s almost impossible to do that without learning lessons along the way,” he said.

Tate says he has a plan that will allow the industry to regain legitimacy and gain significant benefits.

“One day I decided that I was going to fix this. I realized that I had to come up with an idea that would allow people to make money doing what they were supposed to do. And that’s hard work and dedication,” the influencer said.

By his own admission, before doing anything in the crypto space, it was important for him to prove that he was the “king” of the industry. Less than a month ago, Tate began promoting the meme token DADDY on Solana. The coin quickly soared in value despite allegations of insider trading, and its market cap surpassed that of Iggy Azalea’s MOTHER.

“I’m not selfless. I’m not doing this because I’m just a nice guy. I want to be right, to prove that I can do it,” he said.

During the conversation, Tate emphasized the value of using profits to build successful businesses that hire and grow, unlike the crypto industry.

“If you made a couple million dollars on cryptocurrency, you didn’t help anyone, you didn’t feed anyone, you didn’t do anything good for anyone at all – you just took away liquidity from a bunch of people, that’s all,” he believes.

In May, Tate announced his intention to completely abandon fiat and invest more than $100 million in Bitcoin.

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Source: Cryptocurrency

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