This started as a stereotypical frat-boy – a young, wannabe alpha male with huge ego that looks a little like Jonny Bravo (for boomers that remember him). In crypto culture it has evolved to become somewhat of a compliment and means somebody that displays courage to make difficult, almost heroic decisions. Most often used to describe males but is also gender neutral. There are plenty of female chads in crypto.
“Did you see that Do Kwon is counter suing the SEC? So awesome, a total chad move!”« Dictionary Menu