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The Coin Rise 2025-06-01 18:15:57

Conor McGregor Reiterates Plan to Establish Irish Bitcoin Reserve

Conor McGregor Reiterates Plan to Establish Irish Bitcoin Reserve

Three weeks ago, former UFC champion and Irish presidential candidate Conor McGregor proposed the creation of a national Bitcoin reserve for Ireland. Fast-forward to May 30, when he took to his X page to reiterate his commitment to ensuring that the country moves towards the strategic Bitcoin reserve. Ireland to Learn From El Salvador’s Bitcoin Strategy In the said post, McGregor pledged a “decentralised blueprint for sovereignty,” citing Germany’s decision to “dropped the ball.” He plans to ensure that Ireland does not follow suit, forgoing the vision of a Bitcoin treasury. Ireland will borrow a leaf or two from El Salvador’s Bitcoin strategy playbook based on its statement . “I want to build on the amazing feats president @nayibbukele has achieved in El Salvador,” he hinted, while subtly extending an invitation to the president of the country. “Let’s chat.” McGregor had earlier stated that establishing an Irish strategic Bitcoin reserve is a step towards returning control to the people. I want to build on the amazing feats president @nayibbukele has achieved in El Salvador. Germany dropped the ball – Ireland will not. Using crypto, I plan on establishing a decentralised blueprint for sovereignty. One that others can also adopt to reclaim their nations. I… — Conor McGregor (@TheNotoriousMMA) May 29, 2025 His focus is on nations that have adopted a hawkish stance towards BTC, especially those with a thriving Bitcoin strategy. No wonder he tagged El Salvador’s President Nayib Bukele in his X post. El Salvador Refuses to Let go of its Bitcoin Stance The Republic of El Salvador has remained one of the cities with the most substantial grip on Bitcoin. It is primarily recognized as the first country to adopt the flagship cryptocurrency as a legal tender. However, it faced opposition when the International Monetary Fund (IMF) refused to loan it some funds because of its Bitcoin stance. The IMF demanded that El Salvador put a stop to its Bitcoin acquisition. Just when it seemed that El Salvador was about to adhere to the agency’s restrictions, the Central American country added 19 BTC to its holdings in March 2025. Since then, the government has continued to purchase the firstborn coin. Pakistan Plans For a Strategic Bitcoin Reserve Pakistan is also mulling the idea of establishing its bag regarding a Bitcoin strategic reserve. A post was shared on X on May 29, affirming that the Pakistani government will create a national Bitcoin wallet to store its reserves safely. The holdings will be for long-term investment, which will not be sold. This brewing stance is also drawing the attention of the IMF, which has not failed to express its stance on Bitcoin reserves. The post Conor McGregor Reiterates Plan to Establish Irish Bitcoin Reserve appeared first on TheCoinrise.com .

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