Bitcoin Goes Pro: UFC Winner Wants $300,000 Bonus Paid In BTC
April 15 2024 - 10:00AM
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Bitcoin adoption is soaring across sectors, emerging as a standard
in the sports industry. Demonstrating this trend, a UFC winner has
requested his bonus to be paid in Bitcoin, underscoring the
cryptocurrency’s increasing prominence within the sports
sector. Bitcoin Becomes Price Of Choice For UFC Winner
Brazilian professional Mixed Martial Artist (MMA) and UFC 300
winner, Renato Moicano took to X (formerly Twitter) on April 14, to
demand that his $300,000 bonus should be paid in Bitcoin. The
declaration came as a pleasant surprise to crypto enthusiasts under
the comment, as many supported his new stance on the world’s most
popular cryptocurrency. Related Reading: Market Expert
Reveals Why Solana Price Is Poised To Go Higher On Saturday, April
13, Moicano knocked out American MMA, Jalin Turner at UFC 300,
achieving his third consecutive win. Following this victorious
match, Moicano took the mic to give a quick but powerful speech.
The UFC winner expressed his love for America, emphasizing his
admiration for the Constitution and the fundamental right of
freedom of speech protected by the First Amendment. He passionately
recommended that anyone who truly loved their country should study
the teachings of Ludwig Von Mises, an American Austrian school
economist known for his book, ‘The Six Lessons of the Austrian
Economic School.’ The Six Lessons of Mises is a compilation of the
author’s perspectives on inflation, capitalism, socialism,
interventionism, foreign investment and politics. Moicano has
encouraged people to read this book, suggesting that understanding
its economic principles could contribute significantly to the
development and prosperity of the nation. Interestingly, the Six
Lessons of Mises is also a book considered by many as a cornerstone
for understanding Bitcoin. The lessons offer valuable insights into
addressing modern economic challenges, some of which Bitcoin
effectively addresses today. As a digital asset perceived to
be the ultimate digital store of value, Bitcoin could serve as a
hedge against economic inflation, providing investors with a safe
place to preserve their wealth amidst economic turmoil. The
cryptocurrency was also previously seen as a leading indicator of
inflation, suggesting that Bitcoin could be used to track
inflationary movements. The Rise Of Crypto In Sports Sector
Since its inception, cryptocurrencies have been growing rapidly in
different sectors, providing solutions to the limitations of
traditional finance systems. This rapid expansion not only
underscores the growing adoption and acceptance of Bitcoin and
other cryptocurrencies across diverse sectors but also highlights
the increasing interest among athletes and sports
organizations. Related Reading: Shiba Inu Sell Pressure Is
Dropping – Here’s What It Means For Price While Moicano showed
support for Bitcoin by requesting for his bonus to be paid in the
popular cryptocurrency, Vechain, a smart contract-compatible
blockchain, landed a $100 million five-year heavyweight partnership
with the UFC on April 13. Additionally, earlier in 2022, the mixed
martial arts company announced that it would be paying its
fighter’s bonuses in cryptocurrencies. These developments
effectively highlight the rise of cryptocurrencies in the sports
sector, extending beyond UFC to include other sports like football,
NBA and more. BTC price reclaims $66,000 | Source: BTCUSD on
Tradingview.com Featured image from Bitcoin News, chart from
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