UFC legend Conor McGregor proposes an Irish Bitcoin strategic reserve

UFC legend Conor McGregor has proposed that his homeland join the rest of the world in setting up a strategic crypto reserve. According to McGregor, the digital was created to give power to the people, and an Irish Bitcoin strategic reserve will give power to the people’s money.

The talk about a Bitcoin or crypto strategic reserve has gained widespread attention this year after the United States of America announced the formation of its crypto stockpile. According to an executive order signed by President Donald Trump, the strategic reserve will consist of Bitcoin and other digital assets including Ethereum, Cardano, and Ripple’s XRP.

Aside from the United States, countries like El Salvador and Bhutan have made moves to include Bitcoin into their strategic reserves. El Salvador, once known as a proponent of the asset through its leaders’ unwavering purchase of the asset, has taken a slowed pace, but is still actively racking up the asset. While it has not been established if other countries are going to enter the group anytime soon, McGregor is hoping that Ireland can see that the people want it and adopt it.

Conor McGregor calls for a Bitcoin strategic reserve in Ireland

According to his post on X, McGregor, who has made a name for himself in the Ultimate Fighting Championship (UFC), said he was going to host a Bitcoin space and discuss it. While the idea is touted as a nice one, there are still reservations about the digital asset, with most people noting the speculative nature of Bitcoin. While he spoke about the likelihood of adding Bitcoin and other digital assets, many of the commenters urged him and his country to focus on the largest digital asset by market.

Anthony Pompliano, a popular figure in the crypto industry, also praised the initiative, noting that the call for a strategic reserve is something nice. Like Pompliano , most proponents have argued that Bitcoin’s fixed supply, neutrality, and decentralization could make it the best bet against inflation. Others also see it as a tool to diversify national portfolios, since most countries are presently favoring gold as a haven. They also point to its global liquidity and its potential for growth in the long term as we enter the digital age.

Conor McGregor’s involvement in this debate could be a game-changer for the Irish debate. The influential figure has a track record of using his platform for causes that he believes in, using it to advocate for athlete rights in the past. His interest in the topic could also catch the eyes of more advocates, putting pressure on the government to consider the move that many like him believe could be beneficial to the country in the long run.

This is not McGregor’s first brush with cryptocurrencies, with the UFC star launching his ‘REAL’ meme coin via a sealed-bid auction last month. According to a report, the token was launched that way to prevent snipers and bots from taking over the launch. At the time, he defended the token, assuring his followers that it was not the usual celebrity-backed meme coin. “I changed the FIGHT game. I changed the WHISKEY game. I changed the STOUT game. Now it’s time to change the CRYPTO game. This is just the beginning,” he posted on X while announcing the launch.

According to the token’s whitepaper, holders who make large investments and participate regularly in staking will earn higher status and more revenue shares. In addition, the whitepaper also said the token will redefine the gambling industry by aligning close to real-life experiences and mainstream consumers, a move that indicates that McGregor and the team intend to channel funds into launching firms tied to sports and gaming.

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