UFC Fighter Renato Moicano Wants Bonus Paid in Bitcoin - page 2.

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Quote from: Alphakilo on April 16, 2024, 01:59:55 PM

Quote from: Zaguru12 on April 16, 2024, 11:18:42 AM

It’s a good move by Moicano to have treated this as a currency, hopefully he might get his request granted or even go ahead to purchase it himself. $300k worth of bitcoin now is equivalent to almost 5 bitcoin, with the much anticipated bull run if he holds for long might see a 2x return of that amount

Moicano is not just like the average UFC fighter he is actually very smart and knows quite a bit about how money works. After one of his fights, even advice the audience to read about the Austrian School of Economics.

Assuming he doesn't already have up to 5 Bitcoins and is waiting for the forth coming bull market, I agree with you that he doesn't have to wait for his bonus to paid in Bitcoin because of the delay it may take.

I watched an interview where he mentioned Ludwig von Mises.

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yazher

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Quote from: SamReomo on April 16, 2024, 11:58:31 AM

I'm happy to see that the guy supports Bitcoin and want to get paid in Bitcoin. It's a positive contribution to the community of the Bitcoin because fans of that fighter will also consider Bitcoin for payments when they hear that their idol loves Bitcoin and want to get paid with it instead of fiat. It leave positive impression and I really think that guy is doing a great job.

Me too, despite all the hostile groups' efforts to extinguish the light of bitcoins' popularity, you can find some celebrities ignoring them and supporting bitcoins instead. This is a good example of advertisement using your influence and this is how it should be for any celebrities that support bitcoins, they need to give it free advertising to increase its price further. But as we all know most of them won't do it because they want their assets as anonymous as they can to avoid some major problems like taxes or any other issues from their government.

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Hmm that's quite interesting!
This is what he has demanded from the UFC, if he wins the bonus, then Moicano says that this payment should be given to me in Bitcoin. In fact he did not win. However, this is the best stance on behalf of athletes, those people are completely out of context with this field, i.e., Crypto, but they also know how famous Bitcoin is. And this is what makes people hate Bitcoin.

Seeing similar initiatives, it is great to see that Bitcoin is now at a stage where even strange people are eager to adopt it. But anyway Moicano has thought absolutely right, he knows that Bitcoin has already made its new all-time Time High although Halving has not happened yet. And after barely 3 days, when Halving will happen, the price of Bitcion can easily go from his current price to 180k to 200k at the end of the years, so he can get a good profit margin from bonuses if he is successful in winning bounes.

Faisal2202

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Quote from: alastantiger on April 16, 2024, 10:06:02 AM

Now besides beating people up in the Octagon, the guy knows his money stuff. I think it is cool to see someone from outside the finance and tech field talk about bitcoin. It might not be groundbreaking but I am going to be cheering on every new person who supports bitcoin. I am hoping that down the road we'll see more UFC fighters getting paid in bitcoin, either in full or in part.

That's another great news, but let me confirm you that this is not the first second, or the third fighter asking for a bonus, as I have had a good time here reading a lot of topics, and I saw somewhere some female fighters also demanded funds in the form of BTC, in search of that topic I found many other articles as well which tells us how many fighters have shown interest in BTC. And I will be more glad about them because they adopted it soon as currently, they will be making 2x or 3x already. But that depends on there Buying price.

I still hope this dude will also make some good returns from his investment in BTC, besides I think there must be some taxation thing involved here too, like can anyone confirm they have to pay less or more tax in BTC or in Fiat.

These all adopted it in around 2022 and now I assume they would be in profits, but I am wondering if they adopted in 2022 then they might have bought high, well, still they be in profit but why they don't buy in bear.

seoincorporation

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lol, he didn't win any bonus at UFC 300, the winner from the bonus was Max Holloway. And holloway not only wins 1 bonus, but he also wins 2 bonuses for a total of 600k. Moicano knows Max won those bonuses playing clean and he even sent a message to Max saying "Huge congratulations to Max Holloway... 600k bonus he absolutely deserves!!!".

So, if he wants a 300k bonus in Bitcoin, first he needs to win that bonus.

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Quote from: Pmalek on April 16, 2024, 10:27:13 AM

He is just one athlete among many that I have heard supporting bitcoin and wanting to get paid in it. There have been older reports of US baseball and American football stars taking a part of their pay in BTC. They are thinking long-term, and understand that bitcoin traditionally goes up in the long run.

I think people are gradually beginning to understand what Bitcoin is capable of and it's benefits, also the bitcoin halving have been preached over and over by crypto influencer on the media and based on the benefits that comes with it, i think a lot of people are beginning to buy the idea of investing in it currently before the main halving event starts. And based on the current dip, celebrities, business men, industries would see this as an opportunity to acquire as much Bitcoin as they can to prepare for the halving. Michael Saylor has shown as an example. In one of his interview i came across, he mentioned that he'll buy more Bitcoin instead of selling, which is a very good decision for those who hodl Bitcoin as a long term investment. Although i know that some people out of fear would begin to sell their coins because of the dip, instead of buying more.

Alphakilo

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Quote from: Zaguru12 on April 16, 2024, 11:18:42 AM

It’s a good move by Moicano to have treated this as a currency, hopefully he might get his request granted or even go ahead to purchase it himself. $300k worth of bitcoin now is equivalent to almost 5 bitcoin, with the much anticipated bull run if he holds for long might see a 2x return of that amount

Moicano is not just like the average UFC fighter he is actually very smart and knows quite a bit about how money works. After one of his fights, even advice the audience to read about the Austrian School of Economics.

Assuming he doesn't already have up to 5 Bitcoins and is waiting for the forth coming bull market, I agree with you that he doesn't have to wait for his bonus to paid in Bitcoin because of the delay it may take.

un_rank

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It is his gain really. Bitcoin is so big now that making announcements like this helps the celebrity more than it does the network. This tweet will get him more interactions on his social media than his previous posts and if his request is granted he will get an easy buy in to thousands of Bitcoin without hassling about where to buy them from. But he should get charged for the commissions needed to convert from fiat to BTC.

- Jay -

SamReomo

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I'm happy to see that the guy supports Bitcoin and want to get paid in Bitcoin. It's a positive contribution to the community of the Bitcoin because fans of that fighter will also consider Bitcoin for payments when they hear that their idol loves Bitcoin and want to get paid with it instead of fiat. It leave positive impression and I really think that guy is doing a great job.

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Quote from: alastantiger on April 16, 2024, 10:06:02 AM

Now besides beating people up in the Octagon, the guy knows his money stuff. I think it is cool to see someone from outside the finance and tech field talk about bitcoin. It might not be groundbreaking but I am going to be cheering on every new person who supports bitcoin. I am hoping that down the road we'll see more UFC fighters getting paid in bitcoin, either in full or in part.

The thing is the recent sports men we have now are not like former athletes who you will see neglect the culture of investing, the athletes now have picked up the ball idea of investing just to have a financial stable retirement not like their predecessors who most at times ends up with nothing later.

Am I surprised about the inclination to bitcoin? I will say No because with all that bitcoin possess it will be hard for someone to have a research on it and not pick interest. I even feel like there are more athletes that have invested in this Bitcoin anonymously than they speak about.

It’s a good move by Moicano to have treated this as a currency, hopefully he might get his request granted or even go ahead to purchase it himself. $300k worth of bitcoin now is equivalent to almost 5 bitcoin, with the much anticipated bull run if he holds for long might see a 2x return of that amount

Pmalek

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He is just one athlete among many that I have heard supporting bitcoin and wanting to get paid in it. There have been older reports of US baseball and American football stars taking a part of their pay in BTC. They are thinking long-term, and understand that bitcoin traditionally goes up in the long run.

A perfect example of a good strategy is what Michael Jordan did back in his days. This, of course, has nothing to do with bitcoin, but it's just an example what can happen if you have a working brain. He had a contract with Nike, but only a part of it was paid out to him in fiat. He requested the rest to be in Nike stocks. Eventually, the stocks he was given ended up being worth 10 times more than what he would have earned in fiat.

alastantiger

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I'm not sure what everyone here thinks but I have to tell you that Renato Moicano, the UFC dude tweeted that he wants his 300k bonus in bitcoin.

Now besides beating people up in the Octagon, the guy knows his money stuff. I think it is cool to see someone from outside the finance and tech field talk about bitcoin. It might not be groundbreaking but I am going to be cheering on every new person who supports bitcoin. I am hoping that down the road we'll see more UFC fighters getting paid in bitcoin, either in full or in part.

-https://twitter.com/moicanoufc/status/1779368681950327053?t=onABzjQkx0n1FyPZA6p2Ug&s=19

Topic: UFC Fighter Renato Moicano Wants Bonus Paid in Bitcoin - page 2. (Read 326 times)