Conor McGregor Publicly Calls for Irish Bitcoin Reserve

Irish MMA champion and global superstar Conor McGregor has sparked a new conversation in Ireland’s financial world per Bitcoin adoption. In a recent X post , McGregor called for an Irish BTC strategic reserve. His message reached over half a million viewers in just a few hours and is now making headlines nationwide. Conor McGregor Wants Ireland to Back Bitcoin for the People Conor McGregor, a former UFC superstar, recently made a strong statement online. He said that Bitcoin (BTC) could help give regular people more control over their money. By calling for a national Bitcoin reserve, McGregor is turning a complex financial idea into something many people can relate to: control over their own money. His influence has taken this topic beyond tech and finance circles and placed it in the public spotlight. Conor McGregor is one of Ireland’s most famous figures. His push for a Bitcoin reserve could encourage the public and lawmakers to reconsider Ireland’s financial future. As Europe becomes more open to digital assets, McGregor’s influence may help Ireland lead. What is a Bitcoin Strategic Reserve? Like other countries, Ireland usually reserves gold, foreign currencies, and other safe assets. A Bitcoin reserve means the government would buy and hold digital assets as part of its national savings. Supporters believe this could help protect Ireland from future financial issues. They argued that with its limited supply and independence from banks, Bitcoin can act as a strong defense against inflation and economic stress. It could also help the country stay competitive in a fast-changing global market. However, some critics are still uncertain due to the price swings in Bitcoin and other cryptocurrencies. Other Countries Are Already Exploring the Idea Ireland would not be the first country to consider building a BTC reserve. In 2021, El Salvador made history by declaring Bitcoin legal tender and adding it to its national reserves. Since then, several countries in Europe and beyond have followed suit. In the Czech Republic, the central bank is seriously considering it, while Switzerland’s central bank has looked into it but is cautious due to the price changes in the market. Russia revealed its long-term plan, aiming to include BTC in its reserves by 2028, as part of a bigger goal to reduce its reliance on the U.S. dollar. Meanwhile, a presidential candidate has proposed a national Bitcoin reserve to promote technological innovation in Poland. Additionally, in the United States, the conversation is already advancing at the state level with Roswell, a city in New Mexico, becoming the first city in the country to adopt Bitcoin as a part of its financial reserve. The post Conor McGregor Publicly Calls for Irish Bitcoin Reserve appeared first on TheCoinrise.com .

Source: The Coin Rise