This card works well in Fire King Decks as you can destroy your own monsters to activate their effects.
Pair this card with "Brotherhood of the Fire Fist - Snake". When you send a Fire Formation to use this monster's destruction effect, "Snake's" effect will trigger and let you set a new Fire formation Trap Card to spring on your opponent later. You can even use the new trap card as fuel for "Bear's" effect on the next turn.
Since this card's effect is activated when it inflicts Battle Damage, you can combine it with "Robbin' Goblin" to increase your card advantage (while you're searching a Fire Formation card, your opponent is losing a card in their hand).