Final Combating Championship (UFC) fighter Luana Pinheiro introduced that she has partnered with Bitwage to obtain her wage in Bitcoin (BTC). Pinheiro mentioned she continues to obtain fiat funds from her sponsors however converts them to BTC instantly via Bitwage.

Pinheiro is at present ranked fifteenth in her UFC division and has gained eight consecutive fights. The fighter saidshe selected to obtain her wage in Bitcoin after her boyfriend and fellow combined martial artist Matheus Nicolau inspired her.

Evaluating Bitcoin to her combating type, jiu-jitsu, Pinheiro highlighted that she prefers to receives a commission in BTC and that she doesn’t care in regards to the volatility of the cryptocurrency. In keeping with her, volatility is the important thing issue that drives asset appreciation.

“If it weren’t risky, it would not go up both,” she mentioned, additional explaining:

“Give it some thought: it takes a median of 10-15 years for a person to acquire a black belt in Brazil in Jiu Jitsu, so my time choice right here is simply as lengthy, if not longer. Every little thing else is simply noise to me and the decrease the value, the extra Bitcoin I can safe for the long run.”

Struggle for Bitcoin: Brazilian UFC star to obtain battle earnings in BTC

The Brazilian additionally revealed that, for her, Bitcoin works as a hedge in opposition to inflation, since over time the buying energy of fiat currencies has been deteriorating with inflation, whereas BTC, regardless of its corrective actions, continues in an uptrend.

“Remember I am from Brazil, so I do know a factor or two about inflation and its results. I used to be born round 1994, across the time the Brazilian forex Actual was launched and pegged 1:1 to the U.S. greenback on the time. It’s now 5 BRL for 1 USD. Bitcoin is for that, to guard in opposition to inflation,” she mentioned.

Nifty Information: UFC Strike market, Horrific Crypt TV, and new journey NFTs

Along with Nicolau and Pinheiro, skilled soccer gamers Alex Barrett, Achara Ifunanyachi, and Alex Crognale additionally obtain their revenue in Bitcoin.

UFC has cast a number of partnerships with crypto corporations. In April, UFC joined forces with crypto trade Crypto.com, enabling fighters to obtain their fan bonuses in BTC. The fan bonus is paid out by Crypto.com to the highest three fighters of upcoming pay-per-view occasions.

Individually, in June, UFC entered right into a multi-year advertising partnership with blockchain logistics agency VeChain Basis price $100 million.