Matheus Nicolau, an Ultimate Fighting Championship (UFC) fighter has joined the league of notable athletes that have decided to receive their winnings or benefits in Bitcoin.
The flyweight fighter has started receiving his earnings in Bitcoin (BTC) through Bitwage, a payroll service. Bitwage confirmed this on their Twitter page.
“We’re thrilled to announce the world’s 1st Latin American athlete and the 2nd @ufc fighter ever to be paid in #bitcoin: @NicolauMatheus.
He is securing his paycheck.
He’s fighting inflation.”
Nicolau is ranked highly in his category by the UFC, and due to inflation, the athlete chose to accept payment in Bitcoin rather than fiat currency. He intends to use BTC as a hedge against inflation, he claims.
Nicolau believes that by earning in Bitcoin, he is receiving the actual value of his earnings and the service that he provides. The Brazilian sportsman announced,
“I earn my money the hard way. I bleed for this. MMA is an intense sport in which you put everything you have. While I’m constantly fighting on one side, I feel like I’m constantly losing money on the other. Then it hit me: Bitcoin is the solution.”
This will make the sportsman the first athlete from Latin America to receive their earnings in crypto and the second UFC fighter to do so.
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