Conor McGregor, the renowned mixed martial arts fighter, has called for the establishment of a strategic Bitcoin reserve in Ireland. According to him, such an initiative would allow the Irish to regain control over their finances.
This is reported by Finway
The Importance of a Bitcoin Reserve
McGregor emphasized that cryptocurrencies emerged to empower the people. He believes that a strategic reserve in Bitcoin will help restore control of money into the hands of citizens. The fighter also announced that he will co-host a Twitter Space to discuss the potential changes he envisions for the Irish economy.
The Overall Context of Cryptocurrencies in Ireland
Despite McGregor’s positive statements, it is worth noting that in May 2023, the head of the Central Bank of Ireland, Gabriel Makhlouf, compared Bitcoin to a lottery. Nevertheless, in other regions of the U.S., such as Arizona and New Hampshire, legislation has already been enacted to protect digital assets and allow local authorities to invest in cryptocurrencies and precious metals.
“Crypto in its origin was founded to give power back to the people. An Irish Bitcoin strategic reserve will give power to the people’s money. I will be cohosting a Twitter space to talk about what I want to see changed. Victory to Ireland!” — Conor McGregor