Bitcoin, which requires a substantially lower transaction fee compared to traditional means of payments such as credit card and bank wiring, could save users and the UFC promotion around 4% in total costs. Some fighters like former top welterweight contender for Ultimate Fighting Championship Jon Fitch are already receiving a portion of their income in various cryptocurrencies.
Joe Rogan, an American podcaster, UFC commentator, and host of the Joe Rogan Experience said on Twitter that UFC Featherweight champion Conor Mcgregor could force the UFC to accept bitcoin for his fights.
Conor Mcgregor, arguably the biggest superstar in the history of UFC has been driving the highest pay-per-views and gate sales for his past few fights. McGregor’s income for his last fight against the former Brazilian champion Jose Aldo totaled US$8 million, overtaking Ronda Rousey’s earnings-per-second record with a 13-second knockout win.
The highly anticipated matchup against Rafael dos Anjos on March 5 is also expected to be the biggest fight in the lightweight division of the UFC and the promotion.
Because of McGregor’s dominant fight record and popularity in the UFC, the promotion’s president Dana White and multi-billionaire Chairman/CEO Lorenzo Fertitta have been dealing with McGregor directly, offering premium pay-per-view cuts.
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