-->
bitcoin

‘I Bleed for My Money’: Top UFC Star Matheus Nicolau is Getting Paid in Bitcoin to Fight Inflation

One of the world’s top-ranked UFC fighters is announcing his decision to get paid in Bitcoin — becoming the first Latin American athlete to receive his earnings in the flagship crypto.

Matheus Nicolau – who is currently #7 in the UFC flyweight rankings – his decision has been driven by how fast BTC transactions are… and the fact that digital assets “can’t be confiscated.” In a video, he clarified:

 “We professional athletes have a very short career, so that’s why I think it’s really important to manage our money.” 

The UFC flyweight fighter Nicolau also gave reasons that the current economic climate also played a part in influencing his decision to dump fiat and get paid in Bitcoin. He added: 

“As an athlete, I work hard to earn a living for myself, but with rising inflation, I worry that this hard work goes to waste.”

UFC

Matheus Nicolau will be using Bitwage to receive his income in BTC — a company that offers Bitcoin and cryptocurrency payroll solutions to individuals and companies.

Following a news release on combat sports, reports show that even some of the biggest superstars in the UFC are only paid in lump sums according to their performance — and “many fighters are forced to take on extra jobs” in order to make ends meet.

RELATED: UFC seals $175M fight kit deal with Crypto.com

The CEO of Bitwage, Jonathan Chester, described Nicolau as “an amazing fighter with a champion mentality” and said:

“Matheus represents our exponential growth trend in Latin America, with people opting to get paid in bitcoin in order to preserve their hard-earned money.”

The Latin-American fighter is poised to match up against David Dvorak in Ohio on Saturday — and is currently chasing a four-fight winning streak. Whatever be the outcome – Win, Lose or Draw – his earnings will be immediately converted into BTC. Nicolau added:

“I make my money the hard way. I bleed for it. MMA is an intense sport that you put everything you have into. While I constantly fight on one hand, I have a feeling I am constantly losing money on the other. Then it hit me: Bitcoin is the solution.”

About Godwin

Godwin is a multi-faceted writer. He covers the latest and most significant news in the crypto industry for Newsbsc. Aside from his work here, he writes exceptional SEO optimized web contents for other websites in different sectors.

Check Also

bitcoin

EU MPs Attack Amazon’s Participation in Digital Euro Project

A cross-party coalition of members of the European Parliament on Tuesday came under fire at …

Leave a Reply

Your email address will not be published.