{"id":13576,"date":"2024-05-16T16:42:17","date_gmt":"2024-05-16T13:42:17","guid":{"rendered":"https:\/\/forklog.com\/en\/controversial-blogger-andrew-tate-shifts-to-bitcoin-abandoning-fiat\/"},"modified":"2024-05-16T16:42:17","modified_gmt":"2024-05-16T13:42:17","slug":"controversial-blogger-andrew-tate-shifts-to-bitcoin-abandoning-fiat","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/controversial-blogger-andrew-tate-shifts-to-bitcoin-abandoning-fiat\/","title":{"rendered":"Controversial Blogger Andrew Tate Shifts to Bitcoin, Abandoning Fiat"},"content":{"rendered":"<p>Blogger and former kickboxer Andrew Tate has announced his intention to completely abandon fiat currency and invest over $100 million in Bitcoin.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I know I\u2019m not supposed to do this in chaotic times but I\u2019m about to leave fiat completely and ape over 100M into btc. <\/p>\n<p>And I\u2019ll even prove I did it. <\/p>\n<p>I\u2019m done with the banks. <\/p>\n<p>I\u2019m done with their money. <\/p>\n<p>Done with the scams. <\/p>\n<p>Then I\u2019m going boating.<\/p>\n<p>\u2014 Andrew Tate (@Cobratate) <a href=\"https:\/\/twitter.com\/Cobratate\/status\/1790802144431378828?ref_src=twsrc%5Etfw\">May 15, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He aims to sever ties with &#8220;banks, their money, and other scams.&#8221; Tate promised to provide proof of his actions.\u00a0<\/p>\n<p>He mentioned that the only thing that previously held him back from such a move was having &#8220;more crypto assets than fiat.&#8221;<\/p>\n<p>Joe Burnett, a representative of Blockware Solutions, supported Tate&#8217;s ambition.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">This isn&#8217;t an ape. It&#8217;s common sense.<\/p>\n<p>Why hold wealth that you can only access with permission from a select elite class? Hold permissionless wealth that cannot be diluted. Hold <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a>.<\/p>\n<p>Let&#8217;s chat about this on a podcast soon. DM me.<\/p>\n<p>\u2014 Joe Burnett (?)\u00b3 (@IIICapital) <a href=\"https:\/\/twitter.com\/IIICapital\/status\/1790822068423893438?ref_src=twsrc%5Etfw\">May 15, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;This isn&#8217;t foolishness, it&#8217;s common sense. Why hold wealth that you can only access with permission from a select elite?&#8221; he noted in a comment under the tweet.<\/cite><\/p><\/blockquote>\n<p>Andrew Tate is a disgraced influencer, millionaire, and former MMA fighter, also known for his harsh misogynistic remarks. All his channels on YouTube, TikTok, and Instagram are blocked.\u00a0<\/p>\n<p>In December 2022, the blogger spoke about the advantages of Bitcoin over fiat. He claimed that the leading cryptocurrency and blockchain allow people, not governments, to control their money and property.\u00a0<\/p>\n<p>Back in June 2023, Tate, along with his brother Tristan and two Romanian women, was <a href=\"https:\/\/forklog.com\/en\/news\/andrew-tate-seeks-return-of-21-btc-seized-by-authorities\">accused of human trafficking<\/a>, rape, and forming a criminal group to exploit women. During the criminal investigation, authorities seized personal belongings, cars, designer watches, as well as real estate, cash, and cryptocurrencies from the influencer.\u00a0<\/p>\n<p>In January 2024, the Bucharest Court of Appeal accepted Tate&#8217;s request to reassess the assets confiscated by the state.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blogger and former kickboxer Andrew Tate has announced his intention to completely abandon fiat currency and invest over $100 million in Bitcoin.<\/p>\n","protected":false},"author":1,"featured_media":13575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18],"class_list":["post-13576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin"],"aioseo_notices":[],"amp_enabled":true,"views":"54","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=13576"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13576\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/13575"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=13576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=13576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=13576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}