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Home BUSINESS

Andrew Tate Backs Cryptocurrencies, But Which Coin?

BlockNews Team by BlockNews Team
September 3, 2022
in BUSINESS, CRYPTO, INVESTING, SOCIAL
Reading Time: 3 mins read
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Andrew Tate is the new internet sensation. He is everywhere. It isn’t easy to scan news sites without encountering his views on money, women, politics, and, recently, cryptocurrencies. Andrew Tate has stated that fiat money is “trash” and that “crypto is amazing for various reasons,” including serving as a hedge against inflation.

Tate began his career as a kickboxer before transitioning to influencer marketing, becoming more or less controversial. His online project, the Hustler University, has suffered a significant setback in the last week after being outlawed on major social media platforms, including Facebook, Twitter, Instagram, TikTok, YouTube, and Twitch.

Tate, least known a few months ago, has reportedly surpassed Mr. Beast, Donald Trump, and PewDiePie in Google search popularity.

While one may disagree with his views on women, money, and other topics, he is on everyone’s lips. He has metamorphosed into a lifestyle coach for many, especially “Gen Zers.” Popular YouTube influencers are reacting to his opinions and ideas, while others allege that what he does is just pure marketing gimmicks for his Hustlers University project.

Andrew Tate Back Bitcoin

Andrew Tate was interviewed by Bitcoin investor Anthony Pompliano, who shared varying views on various topics. Although the interview was in May 2021, Pompliano did not air it on his Youtube channel until August 3, 2022, when Andrew Tate started trending on social media. In the video, Pompliano disclaimed that he does not agree with all of Tate’s views.

“I don’t agree with everything he says.”

Giving a story that many crypto enthusiasts may attest to, Tate said in the interview that his financial awakening began when he started learning the fundamentals of money and economics. Among the questions he sought to answer were: “What is money? How do banks work? How does credit work? How does fractional reserve banking work?”

These questions led him to discover blockchain technology, cryptography, and eventually, Bitcoin. However, Tate’s path was far from direct. As he described it, his financial struggles motivated him to explore new ways of making money. His search aggravated him more.


“Then I get more mad,” said Tate, “Because I’m like Woah, money’s trash, and I don’t have any. Now I’m really annoyed.”

Tate opened up about his personal life, revealing that he has eight girlfriends and stating that “beautiful women are an asset class” he could make money from.

The social media influencer also discussed Bitcoin and Cryptocurrencies saying that they are excellent for various use cases, including protection against inflation.

Andrew Tate, The Multi-businessman Entrepreneur

Tate owns several businesses, and Hustler University is one of his significant income streams. His videos get billions of views on Instagram and TikTok. He showcases his wealth, fast cars, ladies, and flashy lifestyle, luring the younger generation in a way that could only be likened to Dan Bilzerian.

Hustler’s University is an online program that teaches about “freelancing,” crypto trading, and stock investing. The most recent Coffeezilla video about Tate reveals that Hustler’s University has more than 100,000 members and is likely to grow because of the high level of attention it has received from social media platforms.


“I don’t want cash.” “I want something else. Give me an asset, okay? How can I get an asset the government can’t take? Bitcoin.”

Find details of Tate’s insightful views on money, women, politics, cryptocurrency, bitcoin, and racism in the 1-hour, 40-minute interview with Pompliano.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
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