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Ex-kickboxer Andrew Tate spoke about the advantages of bitcoin over fiat

by Vaibhav
January 2, 2023
in Opinions
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PlanB: Bitcoin will no doubt reach $ 100,000- $ 288,000 by December 2021
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Bitcoin and blockchain allow people, not governments, to control their money and property. Online blogger and former professional kickboxer Andrew Tate stated this on Anthony Pompliano’s podcast.

The ex-athlete told how, on a completely legal basis, he sent $ 900,000 to Qatar to buy real estate. To do this, I had to do a lot of paperwork and go through the “nightmare” of legal checks. According to him, the transfer took a huge amount of time.

“And with bitcoin, no problem. And after all, we are talking about a regular bank transfer, ”Tate emphasized.

In his opinion, cryptocurrency is an asset that, unlike fiat money, is not controlled by governments. Tate noted that he does not trust the authorities in matters of property and does not advise others to rely on it.

“Give me an asset that belongs to me, not to the government. Here it is – bitcoin, ”he said.

Regarding the fall of the cryptocurrency, Tate is confident that “it will return.” He recalled how, against the backdrop of a price drop to $ 8,000 at the beginning of the COVID-19 epidemic, he wrote on Twitter that it was time to buy. The blogger invested free $600,000. Now these bitcoins are worth about $1.2 million.

Recall that the president of Euro Pacific Capital, Peter Schiff, supported the forecast of Standard Chartered experts about the possible fall of bitcoin to $5,000 in 2023.

Read Cryplogger bitcoin news in our Telegram – Cryptocurrency news, courses and analytics.

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bitcoin_king

Bitcoin and blockchain allow people, not governments, to control their money and property. Online blogger and former professional kickboxer Andrew Tate stated this on Anthony Pompliano’s podcast.

The ex-athlete told how, on a completely legal basis, he sent $ 900,000 to Qatar to buy real estate. To do this, I had to do a lot of paperwork and go through the “nightmare” of legal checks. According to him, the transfer took a huge amount of time.

“And with bitcoin, no problem. And after all, we are talking about a regular bank transfer, ”Tate emphasized.

In his opinion, cryptocurrency is an asset that, unlike fiat money, is not controlled by governments. Tate noted that he does not trust the authorities in matters of property and does not advise others to rely on it.

“Give me an asset that belongs to me, not to the government. Here it is – bitcoin, ”he said.

Regarding the fall of the cryptocurrency, Tate is confident that “it will return.” He recalled how, against the backdrop of a price drop to $ 8,000 at the beginning of the COVID-19 epidemic, he wrote on Twitter that it was time to buy. The blogger invested free $600,000. Now these bitcoins are worth about $1.2 million.

Recall that the president of Euro Pacific Capital, Peter Schiff, supported the forecast of Standard Chartered experts about the possible fall of bitcoin to $5,000 in 2023.

Read Cryplogger bitcoin news in our Telegram – Cryptocurrency news, courses and analytics.

Found a mistake in the text? Select it and press CTRL+ENTER

See also  Opinion: Russia has overtaken China in building systems for Internet blocking
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