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coinpedia 2025-05-10 12:03:53

UFC’s Conor McGregor Demands Bitcoin Reserve for Ireland: “Power to the People”

The post UFC’s Conor McGregor Demands Bitcoin Reserve for Ireland: “Power to the People” appeared first on Coinpedia Fintech News Could Bitcoin be the future of Ireland’s financial independence? Conor McGregor thinks so. The UFC champion has urged Ireland to establish a Bitcoin strategic reserve, arguing it could help return financial power to the people. His bold call on social media is tied to the core values Bitcoin was built on: decentralization and financial freedom. But the road is not easy – just ask the United States. So, the question remains – will Ireland take the leap? An Appeal to Ireland McGregor isn’t a stranger to making a noise. Recently, he seems to have shifted focus from fighting to finance, urging Ireland to create a Bitcoin Strategic Reserve. Crypto in it's 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 (@TheNotoriousMMA) May 9, 2025 He argued that Bitcoin, in its essence, was designed to give power back to the people, and establishing a national Bitcoin reserve would do just that. AND, to further his cause, McGregor plans to co-host a Twitter Space to share his vision for Ireland’s crypto future. We love to see the commitment! While the Irish government has yet to respond officially, McGregor’s tweet gained over 735,000 views in less than 12 hours, proving the growing demand for state-level Bitcoin adoption . Bitcoin Reserves: The Hot Topic of 2025! 2025 is proving to be a defining year for Bitcoin. Global interest in Bitcoin reserves is skyrocketing. Germany and Switzerland have already taken steps to integrate Bitcoin into their national financial strategies, and with McGregor’s reach, Ireland may not be far behind. The push is becoming impossible to ignore. Bitcoin’s fixed supply and growing global use as “digital gold” make it an attractive alternative to traditional reserve assets like gold and oil. It’s time governments woke up. Trump’s Strategic Bitcoin Reserve in the U.S. While we’re on the topic, it’s hard not to bring up the flag-bearer of reserves in the US. Back in March, President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve as part of a broader digital asset stockpile. This move aligned with Trump’s campaign promises to turn the U.S. into the “global hub for digital assets” and reduce the regulations imposed under the previous administration. And progress (though slow) is underway. U.S. States Join the Race to Stack Bitcoin Within just 48 hours, New Hampshire and Arizona became the first U.S. states to establish state-level Bitcoin reserves. Arizona, led by Governor Katie Hobbs, passed a law converting unclaimed property funds into Bitcoin. This is a significant step forward in the state’s financial strategy, and it marks a bipartisan consensus around Bitcoin as a tool for modernizing state finances. Now other states may soon follow suit. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Coinpedia Digest: This Week’s Crypto News Highlights | 10 May, 2025 , Will Ireland Be Next? So, what does this mean for Ireland? McGregor’s call for a Bitcoin reserve has sparked conversations, but so far, it hasn’t led to any major government action. However, with the U.S. taking bold steps and countries around the world experimenting with Bitcoin reserves, Ireland may soon find itself having to make a decision. 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A national Bitcoin reserve is a government-held store of Bitcoin used to diversify and strengthen national finances. Which countries already have Bitcoin reserves? Germany, Switzerland, and parts of the U.S. have started integrating Bitcoin into national or state reserves. What is Trump’s Strategic Bitcoin Reserve? Trump’s plan includes a U.S. Bitcoin reserve to reduce reliance on traditional assets and boost digital innovation.

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