Andrew Tate and His Traction in Crypto Circles

In late 2022, famous internet personality - Andrew Tate was arrested in Romania on human trafficking charges, just days after having a Twitter spat with Greta Tunberg.

Tate is a former world kickboxing champion and now an influencer who amassed millions of fans and followers, claiming he teaches young men how to “stop being losers.”

yes, please do enlighten me. email me at [email protected] https://t.co/V8geeVvEvg

— Greta Thunberg (@GretaThunberg) December 28, 2022

Now he’s better known for online courses that promise to show how to “escape the Matrix.” He also says he has experience with digital currencies.

Aside from having many fans in the crypto space, he has been interviewed and even defended by various popular influencers in their interviews, including Anthony Pomplano and Laia Hilpern.

Back in December 2022, Altcoin Daily, a YouTube channel with more than a million subscribers, applauded Tate for encouraging people to buy Bitcoin (BTC) and Ethereum (ETH). At the time, Tate recommended buying cryptocurrencies now and selling them three years later with profits sufficient for retirement.

Even the infamous Michael Saylor had an exchange with Tate on Twitter. Tate not only talks about digital currencies, but seems to use them to do business.

You’ve been programmed to be poor and weak.

Easily controlled.

HOWEVER, you can also be programmed to be rich and strong.

— Andrew Tate (@Cobratate) December 26, 2022

Does Tate have a place in the crypto sector?

Not all crypto enthusiasts welcomed the millionaire with open arms, and some like Peter McCormack were very critical. McCormack also ridiculed Laia Halpern for her support of Tate.

That we have not seen any evidence beyond him openly admitting that he coerces young girls into making porn and uses violence to control them.

That these are serious accusations and any victims should be listened to with respect and not bullied by Tate’s simps. pic.twitter.com/Cyxq5uFSs2

— Peter McCormack🏴‍☠️ (@PeterMcCormack) December 31, 2022

It’s no surprise that Tate has found such a following among the crypto community. On the surface, they share many of the same ideals – a libertarian ideology that is anti-state and suspicious of institutions. Tate makes no secret of his hostility towards the authorities and applauds countries like Romania.

After all, he did not become famous for his business success or his cryptocurrencies. He gained popularity outside of the kickboxing world, saying very controversial things that gained him fans and followers.

Bitcoin has had a hard time gaining recognition from lawmakers and regulators alike, largely due to its characteristics that supposedly make it perceived as attractive by criminals and scammers.

Now that pictures of one of its famous defenders being led away in handcuffs are circulating around the world, some are using this as an argument against the asset. This, of course, makes no difference in the long run.

Alexander Stefanov