Ultimate Fighting Championship fighter Matheus Nicolau is the latest world-renowned athlete to decide to receive his earnings in a fight in the biggest cryptocurrency, Bitcoin (BTC).
An eight-ranked UFC fighter category fighter, Nicolau received his first salary in Bitcoin on Monday through an agreement with the help of the Bitwage payroll service, according to a joint announcement shared with Cointelegraph.
The Brazilian athlete decided to take a salary in BTC to protect himself from rising inflation. Nicolau said earning Bitcoin will help him ensure the value of his hard work and not worry about his money going to waste, adding:
“I make my money the hard way. I’m bleeding because of it. MMA is an intense sport in which you invest everything you have. While on the one hand I am constantly struggling, on the other hand I have the feeling that I am constantly losing money. Then it hit me: Bitcoin is the solution. ”
In addition to the Brazilian fighter, his manager Vinícius Las Casas will also use Bitwage to receive part of his salary at BTC. “We are very in the mood for Bitcoin and want to expand the Bitcoin gospel with this latest deal,” Nicolau’s manager Vinícius Las Casas said.
According to the announcement, Nicolau is the first Latin American athlete and the second UFC fighter to ever be paid in bitcoins. In January, UFC heavyweight fighter Francis Ngannou announced he would take half of his UFC 270 prize bag in Bitcoin via the Cash app.
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Starting to receive a salary at BTC, Nicolau joins a growing list of celebrities, politicians and athletes who have realized the importance of holding Bitcoin.
In January, three-time NBA champion Andre Iguodala announced he would take part of his annual salary of an estimated $ 2.6 million at BTC. As previously reported by Cointelegraph, seven NFL players, including Aaron Rodgers, Tom Brady and Trevor Lawrence, have decided to start getting all their salaries into cryptocurrencies or turn part of their salaries into cryptocurrencies in 2021.