The currently ranked #7 flyweight in the Ultimate Fighting Championship (UFC) has agreed to receive all of his future fight earnings in Bitcoin via payroll service Bitwage.
UFC flyweight athlete Matheus Nicolau has committed to collect his future salaries from the organization in Bitcoin, according to a press release from Bitwage. Nicolau is the first Latin American UFC fighter to “accept a Bitcoin paycheck.”
“I’m ecstatic to be getting my money in bitcoin,” Nicolau said. “As an athlete, I work hard to make a living, but with rising inflation, I’m concerned that my efforts may be for naught.” I know that by using Bitwage to earn bitcoin, I’m securing the value of my job.”
Nicolau plans to use the Bitwage payroll service, which he claims will help him safeguard the value of his job. The Brazilian native explains why he came to the United States.
Nicolau’s manager, Vinicius Las Casas, stated that they are “extremely bullish” on Bitcoin and that the latest deal will help spread the “Bitcoin gospel.” The manager also indicated that he will use Bitwage to collect a percentage of his salary in Bitcoin.
Bitwage, which bills itself as “the world’s largest Bitcoin payroll, invoicing, and benefits firm,” allows people and businesses to convert monthly earnings to Bitcoin.
The Bitwage payroll service works as follows:
“When you sign up with Bitwage, you’ll be given a bank account number. After that, you specify what percentage of your paycheck you wish to get in bitcoin and provide your employer with the new account number. You will receive bitcoin in an address that you control after they issue the paycheck. If you did, congratulations.
Nicolau’s concluded his statement by saying :
“I make my money the hard way. I bleed for it. MMA is an intense sport in that you put everything you have into it. 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. I worked with Bitwage to create this solution to ensure that my work pays dividends in the future.”