McGregor strongly promotes Ireland’s Bitcoin strategic reserve. Enaib Bukler “Let’s talk”
Conor McGregor, the former UFC champion and a potential candidate for the Irish presidency, is vigorously promoting his vision for Ireland’s strategic Bitcoin reserve. On May 30th, he promised on the X platform (formerly Twitter) to create a “decentralized blueprint for sovereignty”, claiming that Germany “messed up” and guaranteeing that “Ireland wouldn’t”.
After publicly committing to bringing the topic of Bitcoin strategic reserves into the mainstream, McGregor has taken a series of actions in recent weeks. On May 9th, according to Cryptoslate, a post by McGregor on the X platform quickly received hundreds of thousands of views. In the post, he expressed his hope that Ireland could follow the example of other countries that accept Bitcoin at the sovereignty level, inspired by El Salvador’s move to make Bitcoin legal currency and establish a national reserve.
Despite the strong development momentum and favorable price trend, the road to building a national Bitcoin reserve is not smooth. Ireland remains firmly within the monetary framework of the European Union. The move to hold Bitcoin as a sovereign asset requires unprecedented coordination with EU institutions and the Central Bank of Ireland.
McGregor’s proposal is of great significance not only to Ireland but also to the entire human race. As digital assets become increasingly prominent in global finance, his call for strategic reserves of Bitcoin poses a challenge to traditional monetary institutions and advocates for a new era of financial sovereignty.
McGregor’s active participation in digital asset policies has made Bitcoin the focus in Ireland. Whether his vision for a strategic reserve of Bitcoin in Ireland gains support or not, the debate he has sparked is likely to influence discussions in Ireland around digital assets and financial independence in the coming years.
Furthermore, McGregor also targeted Nayib Bukele and said, “Let’s have a chat.” Bukele is the president of El Salvador. It was he who promoted a series of measures such as El Salvador’s adoption of Bitcoin as legal tender and the establishment of the national Bitcoin reserve. McGregor might have hoped to exchange ideas with Bukler on establishing an Irish Bitcoin strategic reserve and draw on the experience of El Salvador.
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