Former top welterweight contender in the Ultimate Fighting Championship,Mixed martial artist Jon Fitch, is currently training or a headline fight at the World Series of Fighting on Saturday.
Fitch, whose eyes were opened after the 2008 financial crisis, is paid in cryptocurrency.
“I was left under $180,000 on my condo in San Jose,” the fighter told Inverse magazine. “I didn’t want to keep supporting people who kind of make those things happen.”
The fighter is not completely paid through cryptocurrency. Nautiluscoin sponsored the fighter last June when he fought Dennis Hallman.
“I think I was the first mixed martial arts fighter who got paid strictly in bitcoin,” Fitch told Inverse. Fitch went on to detail why Bitcoin and MMA go together. MMA is an international sport, the fighter said, and in some places fighters have trouble getting paid.
“You fight in Brazil or somewhere else, and it takes a few weeks before you get your check,” he said. “It’s not always easy for a lot of fighters. They’ve got people to pay, trainers, expenses, and things like that.” The fighter likes keeping a diverse crypto-portfolio.
“I think it’s important not to put all your eggs in one basket,” he explained. “I like BitGold right now because you can hedge your assets a little bit.” He also likes HYPER and would like to see more secure wallets.
“Anything that makes it more usable, and different apps and things that can be decentralized,” he opines. “Anything that’ll decentralize, I like.”
During his tenure at the UFC, Fitch was a top contender for the Welterweight championship, receiving a title shot against UFC Welterweight champion, Georges St-Pierre, on August 9, 2008. Fitch was on the November 5, 2008 espide of MythBusters, “Coffin Punch.” The MythBuster wanted to know if someone could punch their way out of a coffin.
Fitch also made a cameo in the award-winning mixed martial arts documentary Fight Life sparring with Jake Shields.