Skip to content

UFC 300 victorious fighter wants the $300,000 bonus in Bitcoin

UFC 300 victorious fighter wants the $300,000 bonus in Bitcoin

The Brazilian UFC fighter Renato Moicano won a UFC 300 fight on April 13, making a remarkable victorious speech. Moicano asked for the $300,000 bonus to be paid in Bitcoin (BTC) a few hours before the organization’s decision.

The UFC fighter posted the request on X (formerly Twitter), drawing the attention of cryptocurrency market investors and enthusiasts.

However, Max Holloway received the $300,000 Performance of the Night bonus after an impressive victory against Justin Gaethje. Despite losing the bonus, Renato Moicano showed sportsmanship and said Holloway deserved the prize.

“Huge congratulations to Max Holloway… 600k bonus he absolutely deserves!!!”

– Renato Moicano

Renato Moicano’s UFC 300 speech: ‘Read Ludwig Von Mises’

Interestingly, the lightweight fighter made an unusual speech after winning against Jalin Turner in the ‘Early Prelims’ card.

“First of all, I love America, I love the Constitution, I love the First Amendment, I want to carry and own guns, I love property. And let me tell you something, if you care about your country, read Ludwig Von Mises and the Six Lessons of the Austrian Economic School.”

– Renato Moicano

Students For Liberty explained the UFC 300 winner references the book “Economic Policy: Thoughts for Today and Tomorrow,” by Mises. 

Bitcoin and Austrian Economics

Notably, Bitcoin is known as the result of many Austrian Economic principles applied to the idea of money. Ludwig Von Mises is a prominent name in precisely describing inflation and its nefarious effects on worldwide economies.

Therefore, Bitcoin surges as a financial tool theoretically capable of addressing these issues and supposedly acts as an inflation hedge. This explains the relation between Renato Moicano’s speech at the UFC 300 and his request regarding the $300,000 bonus.

However, despite the original vision Satoshi Nakamoto described as “A Peer-to-Peer Electronic Cash System,” BTC faces challenges being a medium of exchange that people can use. For example, the average network fees have again reached the same level as the world’s average daily income. Finbold reported Bitcoin average fees costing a working day worldwide, at a 4-month record high.

Yet, Bitcoin enthusiasts like the UFC 300 fighter, Renato Moicano, continue to keep this vision alive, using BTC as money. The question now remains if the Ultimate Fighting Championship organization will further agree to make payments using the leading cryptocurrency.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.