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.
Tate says he has a plan that will allow the industry to regain legitimacy and gain significant benefits.
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.
During the conversation, Tate emphasized the value of using profits to build successful businesses that hire and grow, unlike the crypto industry.
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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